Robin Spangenberg
Northeast Signature Properties, LLC | 508-277-4144 | robin@nesignature.com


Posted by Robin Spangenberg on 1/14/2018

Home insurance is something that every homeowner needs, but not necessarily something that everyone understands. It’s a great idea to have homeowner’s insurance because it protects your home and all of your possessions. Yet, this insurance is in fact a requirement. Mortgage companies require borrowers to have this protection when they buy a home. You’ll need protection for the amount of what is deemed the “fair value” of your home. This fair value is usually based on the price of purchase. Some renters are even required to have insurance for their property. As stated above, this type of protection is a smart idea. 


What A Home Insurance Policy Covers


The terms of home insurance can be very confusing. Most policies will cover damage to the outside of your home. This will include vandalism, fire, lightning, hurricanes, or down trees that may hit the home. The insurance company will estimate the amount of damage and provide you with funds so that the damage can be repaired. In extreme cases, your home may need to be completely rebuilt. Home insurance does not typically cover floods, earthquakes and home maintenance issues. You may need separate policies or extended policies to get these items covered based on where you live. The interior of your home is covered by home insurance as well. This includes clothing, appliances, furniture and electronics if they are destroyed by something that affects your home. 


Off-Premises Coverage


Some home insurance policies have coverage that includes items that belong to you, no matter where you are when something happens. If you lose jewelry on a trip to Europe, for example, you can get a homeowner’s policy that will cover that. This type of coverage does have strict limits, however, so don’t expect your insurance company to give you 100% of the value of your gold necklace that you lost in Paris! This type of coverage is great for items like engagement rings. 


Liability


Your homeowner’s insurance also includes a liability clause. This includes injuries that occur on your property that have been caused by you or your family. This will even include any problems caused by pets in the home. Beware that insurance companies can limit this type of coverage based on the type of dog breed that you own. Insurance companies may even decline to cover you based on the type of dog you own. If a dog bite does occur on your property and you have a breed that works within the insurance company’s limits, you’ll be covered. If anyone is hurt on your property and files a lawsuit, you’re protected.     

 

Rates


Your insurance rates will be determined by many factors including the neighborhood, crime rates and the climate of the area. Before you choose a place to live, you may want to investigate the insurance costs before you settle on a place to buy.





Posted by Robin Spangenberg on 1/11/2018


190 W Main St, Hopkinton, MA 01748

Single-Family

$349,900
Price

5
Rooms
3
Beds
1
Baths
OPEN HOUSE SUNDAY 1/7 FROM 12-2 Beautifully maintained and updated 3 bedroom, 1 full bath Split level home nestled amongst the trees with views of Lake Maspenock. You'll love the entertaining flow this one offers! Updates include: 2017 new range and dishwasher, 2016 blown in insulation, refinished hardwoods. Spacious Living Room with beautiful hardwoods open to Dining Room just off Kitchen. 3 generous sized bedrooms with refinished hardwood floors. Deck overlooks fenced in yard. Features include central air conditioning, 1 car garage, fenced in backyard, spacious deck, plenty of expansion space in lower level. Sale includes Refrigerator, Washer and Dryer! Town water, town sewer. Enjoy all that the lovely town of Hopkinton has to offer - fantastic school system! Minutes to the highway access.
Open House
Sunday
January 14 at 12:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 190 W Main St, Hopkinton, MA 01748    Get Directions






Categories: Open House  


Posted by Robin Spangenberg on 1/8/2018

This Single-Family in Millis, MA recently sold for $525,000. This Greek Revival style home was sold by Robin Spangenberg - Northeast Signature Properties, LLC.


38 Spring Street, Millis, MA 02054

Single-Family

$525,000
Price
$525,000
Sale Price

10
Rooms
4
Beds
2
Baths
Fully Renovated Greek Revival with Inviting Open Concept Floor Plan for Todays Easy Living! Family Room Offers a 10' Bay Window, Hardwood Floors and Cathedral Ceiling. Gorgeous Kitchen features SS Appliances, Tiled Flooring, Granite Counters and Breakfast Bar. Slider Opens to a Large Composite Deck and Fenced Yard. The Walk-in Pantry,Triple Closets and Custom Built Cubbies Offer Plenty of Storage! The Formal LR and DR Share a Fabulous Field Stone Fireplace, HW Flooring and Beautiful Wainscoting. Additional Slider Opens to the Back Deck. 1st Floor Laundry & Mud Room. Full Bath Features Tile Flooring and Quartz Double Vanity. 4 Bedrooms, Sitting Room and Custom Full Bath on the 2nd floor. Spiral Staircase leads to an Office with French Doors that open to a 24x26 Bonus Room with Vaulted Ceiling. 2-car Garage Gas Heat, Newer Furnace, Roof, Windows, Irrigation System, Generator Hook-up to name a few. Close to Downtown, Shopping, Schools and Commuter Rail. Award Winning School Status!

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Categories: Sold Homes  


Posted by Robin Spangenberg on 1/7/2018

Home values continue to rise. Many people use their home equity in order to get a bit more financial security. The home equity line of credit can have many different benefits for you. From home improvement projects to a much-needed vacation, you can get the funds that you need for whatever you wish. Turn to your home equity with some careful thought, however. You could end up owing more than your home is worth, which defeats the purpose of tapping into your home equity to begin with. 


Make Your Decision Smart


Your home equity can be a good thing to tap in to if you’re not planning on spending like crazy. Maybe you just want a little extra cash on hand for emergencies. You’ll be prepared for anything unexpected. This could be a smarter decision than just blowing a bunch of money on a vacation, for example. 


Some smart things that you can use your home equity for include:


  • Home renovations
  • Emergency funds
  • College education funds
  • Cash advance


These ideas are investments that can help you to achieve other goals. You should be sure that you’re able to pay the money back. These projects or financial endeavors are much more suited to smart spending than just randomly spending money, buying a car, or other things that will put you in serious debt.


Home Equity Fluctuates


As the market changes, the amount of home equity that you’ll have to tap into does as well. The state of the housing market can actually dictate to you how much money you’ll be able to get. If the market isn’t good, you could end up in the negative financially, so do your research. 


How To Get Your Home Equity


There are a few ways that you can draw from your home’s equity. The first rule that you should understand is that you cannot borrow more than 80% of what your home is worth. Take a full remortgage your home, giving you the full 80% amount that your home is worth in order to take a lump sum. Alternatively, you can take a cash-out refinance where you set the amount of money you’d like to take out of your home’s equity as you refinance the home. You can also take out what’s called a “home equity line of credit,” which allows you to use the amount of your home’s worth as a credit card of sorts. You borrow money as you need it.     


The biggest issue with refinancing is that of planning. It’s important to know why you’re refinancing and what you’re planning on doing with the money. Used wisely, home equity can really be a great financial tool.





Posted by Robin Spangenberg on 1/3/2018


190 W Main St, Hopkinton, MA 01748

Single-Family

$349,900
Price

5
Rooms
3
Beds
1
Baths
OPEN HOUSE SUNDAY 1/7 FROM 12-2 Beautifully maintained and updated 3 bedroom, 1 full bath Split level home nestled amongst the trees with views of Lake Maspenock. You'll love the entertaining flow this one offers! Updates include: 2017 new range and dishwasher, 2016 blown in insulation, refinished hardwoods. Spacious Living Room with beautiful hardwoods open to Dining Room just off Kitchen. 3 generous sized bedrooms with refinished hardwood floors. Deck overlooks fenced in yard. Features include central air conditioning, 1 car garage, fenced in backyard, spacious deck, plenty of expansion space in lower level. Sale includes Refrigerator, Washer and Dryer! Town water, town sewer. Enjoy all that the lovely town of Hopkinton has to offer - fantastic school system! Minutes to the highway access.
Open House
Sunday
January 07 at 12:00 PM to 2:00 PM
New Price!
Cannot make the Open Houses?
Location: 190 W Main St, Hopkinton, MA 01748    Get Directions






Categories: Open House