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


Posted by Robin Spangenberg on 9/17/2017

Move into a neighborhood that has a great homeowners association (HOA) and you could enjoy years of rising property values. Homeowners associations generally oversee housing in planned development areas. A house that you purchase could be serviced by a HOA if you live in a subdivision, gated community or in a community that leases homes.

Check out homeowners associations before you buy a house

Real estate developers form homeowners associations to oversee houses that are bought and sold in specified jurisdictions. Millions of American homes are managed by a HOA. Rules and monthly HOA fees vary, generally ranging from $100 to $400 a month.As with realtors and home builders, some HOAs are better than others. Here are ways to get the most out of homeowners associations.

  • Look over the interior and exterior of houses you're considering buying. Is the lawn neatly trimmed? If the house is painted,is the paint chipped? Notice if there are holes in the ground or if the yard is full of weeds.
  • Walk around the neighborhood. You have nothing to lose by getting out of your car and walking around a good neighborhood that you're thinking of buying a house in. Pay attention to fences, sidewalks and driveways. A good HOA will ensure that fences, sidewalks and driveways are in good condition.
  • Visit community amenities like picnic areas,community swimming pools and entertainment centers. These areas should be secure. It's better if they are managed by a volunteer or HOA employee who works onsite.
  • Find out the types and percentage of services that HOA fees are spent on. Generally, a good HOA will invest a portion of fees into savings. More than 70 percent of the HOA will also be funded. An under-funded HOA may lack the financial resources to properly care for your house and other properties in the neighborhood.
  • Meet with someone from the HOA and ask about rules and restrictions. Consider buying a house in another neighborhood if you strongly disagree with one or more of the HOAs rules. Remember, there are many HOAs in the country.
  • Ask the HOA when the last repairs or upgrades were made in the community. Find out what specific types of repairs or upgrades were made.
  • Get a copy of the minutes from two to three HOA meetings. Confirm that HOAs followed through on action items noted in the minutes. You want to buy a house that's located in a community that's managed by a responsive, well funded and progressive HOA.
  • Find out if the HOA has had any claims against it. Also, find out if the HOA is in compliance with local and state regulations.

Homeowners associations could make buying a home in a subdivision or another community under development rewarding. To get the most from homeowners associations,research the HOAs' rules before you sign a mortgage. Also, research the entire neighborhood to see how well the HOA is doing its job. With research and the right questions, your relationship with a HOA could extend far beyond paying your monthly HOA fees.




Categories: Uncategorized  


Posted by Robin Spangenberg on 9/16/2017


59 Meadow Cartway, Millis, MA 02054

Single-Family

$370,000
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
River Views! Unique setting with Charles River views on private way. Newer Colonial with 3 levels of living plus unfinished basement. Open concept Living Room with Hardwoods and deck access with commanding views. Sunny Dining Room with hardwoods open to Kitchen - all appliances convey! Convenient 1/2 bath on main level. 2nd floor features 2 spacious bedrooms plus full bath with jacuzzi tub. 3rd floor boasts oversized Master bedroom with en suite and lovely views! Close proximity to Charles River for canoeing, kayaking, fishing! Full, unfinished basement for expansion if needed! Gardener's delight, fenced in yard, terraced landscaping. Millis Award Winning Schools!
Open House
No scheduled Open Houses

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Categories: Price Change  


Posted by Robin Spangenberg on 9/10/2017

Buying your dream home should be simple. Unfortunately, challenges may arise during the homebuying journey, particularly for those who fail to budget accordingly.

Establishing a budget before you begin your home search is paramount. With a budget in place, you can explore houses that fall within your price range and move closer to finding a great residence that you can enjoy for years to come.

Ultimately, creating a homebuying budget can be easy – here are three tips to help homebuyers establish budgets.

1. Consider your utility costs.

Although you may be able to get pre-approved for a mortgage and determine exactly how much you'll need to pay for a house, you'll still need to account for utility expenses month after month.

Electricity, heat and other utility costs can add up quickly. However, a diligent homebuyer should have no trouble estimating his or her monthly utility fees.

Examining your current utility expenses can help you understand how much you may wind up paying in utility charges at your new address. Also, don't forget to consult with your real estate agent, as this professional may be able to provide details about the average utility costs associated with a particular residence.

2. Manage your debt.

If you decide to purchase a "fixer-upper," i.e. a home that requires extensive home repairs, you'll likely need to commit substantial time and resources to complete home renovation projects. Thus, you'll want to consider any home repair tasks that you may need to complete at a new address and budget for them before you make an offer on a house.

In addition, knowing your credit score can help you understand your debt. You are entitled to a free copy of your credit report from each of the three major credit reporting agencies (Experian, Equifax and TransUnion), and each report will provide information about any outstanding debt. That way, you can learn about your debt and find ways to minimize it prior to purchasing a residence.

3. Account for closing costs and miscellaneous expenses.

Home closing costs will include your loan origination, title insurance and appraisal fees and often range between 3 percent and 7 percent of your total loan amount. You'll want to account for these expenses as you establish a homebuying budget to ensure you can secure your dream house without delay.

Spend some time learning about all of the expenses that may impact your monthly home expenses too. For example, if you purchase a condo, you may face monthly homeowners association fees in addition to your mortgage costs. Or, if you plan to have a baby in the near future, you'll want to consider how the costs of raising a child may impact your ability to cover your mortgage expenses.

If you ever have concerns or questions about establishing a homebuying budget, be sure to consult with your real estate agent. Remember, your real estate agent is available to help you in any way possible and will do what it takes to ensure you can establish the right homebuying budget.




Tags: budgeting   Buying a home  
Categories: Uncategorized  


Posted by Robin Spangenberg on 9/8/2017

OH Sunday 9/10 - 1-3pm. Storybook Cape in great location on ended way. Spacious Living Room with hardwoods, cozy fireplace and built-in shelving for your favorite books. Nice size formal Dining Room with wood floors and new light fixture. Kitchen features newer appliances including double oven, and ample counter space/cabinets. Main level bedroom and full bath with tub and shower complete the first floor. Upstairs is a huge Master bedroom with 1/2 bath, additional bedroom with sitting area at top of stairway. Hardwoods throughout most of the house. Kitchen side entry leads to covered walkway and 1 car detached garage! Screened Porch off Living Room is fantastic! Enjoy these late summer/autumn evenings and the views of gorgeous gardens around the home. Newer Septic System. Full basement with tons of storage space. Close proximity to commuter rail and highway access!

More Info on this Property | New Listing Alerts





Posted by Robin Spangenberg on 9/7/2017


40 Exchange St, Millis, MA 02054

Commercial

$169,900
Price

1
Buildings
Commercial
Type of Comm.
1,742.00
Lot Size
Great location for wide variety of businesses in the heart of Millis. Highly visible location - abundant auto and foot traffic. A new maintenance free exterior including new roof, new siding, new windows, new patio and fencing.
Open House
No scheduled Open Houses






Tags: Real estate   Commercial   02054   Millis  
Categories: Price Change