Home


Posted by CENTURY 21 Annex Realty on 5/16/2020


200 Cove Way, Quincy, MA 02169

Quincy Center

Condo

$379,900
Price

5
Rooms
2
Beds
2
Baths
Conviently located Captains Cove Condo, close to Quincy Centre, stores and transportation. This condo offers many updates including kitchen, baths and flooring. Large master suite with a walk-in closet with closet organizers,and it has access to the balcony which has breathtaking waterviews. The kitchen, dining area and living room has an open floor plan, designer lighting, ceiling fan, and access to the newly tiled balcony. There is a seasonal inground pool and tennis court and plenty of guest parking.
Open House
No scheduled Open Houses

Similar Properties





Tags: Real Estate   Condo   Quincy   02169  
Categories: New Homes  


Posted by CENTURY 21 Annex Realty on 5/15/2020


A mortgage pre-approval can be a valuable tool for understanding how much you can afford to spend on purchasing a home. It can also make you seem much more attractive to sellers and help to identify any potential problems that may make it difficult to get a loan. In fact, many lenders claim that if a buyer isn’t pre-approved for a mortgage, they will have a difficult time navigating the real estate market. But what does pre-approval really mean?

What is a Mortgage Pre-Approval?

While it can sound like you’ve got a sure thing locked in when you’re pre-approved for a mortgage, being pre-approved doesn’t promise that you’ll be able to secure a loan for the home that you want to purchase. A mortgage pre-approval simply means that a loan officer has reviewed your finances and decided how much money you're allocated to borrow, what you should be able to pay each month towards your mortgage and what your interest rate will be.

Once, you’ve been pre-approved by a lender, you will get a letter that can be shown to sellers. This letter indicates that you’ve already established a working relationship with a lender. This helps to give sellers peace of mind in knowing that you’re serious about putting in an offer on their home, and they don’t have to risk wasting time with a buyer who isn’t serious.

What Are the Benefits of Getting a Pre-Approval?

A pre-approval doesn’t guarantee you’ll get a mortgage but it does offer a few key advantages during your search for the ideal home. It helps to give you confidence while looking at potential properties, as you look at homes that are within your budget. There’s no need to fall in love with a home that you can’t afford. Additionally, it establishes credibility as a buyer, showing that you have your finances under control and can help to put you on the fast-track to closing once you’ve found the perfect home.

Are Pre-Approval & Pre-Qualified the Same Thing?

Unfortunately, no. These two similar real estate terms are not interchangeable. When you are pre-qualified for a mortgage, this indicates that you have given your lender information regarding your income, debts and assets. Without doing further research, the lender then tells you that you should qualify for a certain mortgage. Pre-approval is a much more in-depth process, requiring your lender to verify the financial information provided by pulling your credit history, as well as verifying your income and assets.





Posted by CENTURY 21 Annex Realty on 5/11/2020


27 Broadway, Quincy, MA 02169

Quincy Point

Condo

$639,000
Price

5
Rooms
3
Beds
2/1
Full/Half Baths
Brand New Construction! This beautifully built 3 bedroom, 2.5 bath Townhouse can be purchased by itself or as an investment along with Unit B! The 1st level offers a private Master Suite with a walk-in closet, a full bathroom and a laundry area. The main level features an open floor plan featuring a gorgeous kitchen with top of the line stainless-steel appliances, quartz counters and center island, a living/dining area with plenty of natural sunlight, beamed ceilings and an electric fireplace, a half bathroom and doors that lead to the balcony overlooking the backyard. Upstairs has 2 spacious bedrooms, another full bathroom and access to the pull-down attic for more storage. Hardwood flooring throughout. Taxes to be determined. Conveniently located just off Route 3A and close to public transportation (bus line) to Quincy Center Red Line T Station, schools, shopping, restaurants, parks and many more area amenities.
Open House
No scheduled Open Houses

Similar Properties





Tags: Real Estate   Condo   Quincy   02169  
Categories: Price Change  


Posted by CENTURY 21 Annex Realty on 5/9/2020


110 Chard, Weymouth, MA 02189

Single-Family

$529,900
Price

8
Rooms
3
Beds
2
Baths
Great family home in quiet convenient neighborhood, around the corner from Town Hall and Libby Field (3 million dollar renovation in 2017/18)with a state of the art baseball facility. Classic Colonial with 7 Rooms, 3-4 Bedrooms and 2 full Bathrooms, screened in porch opens to a large deck overlooking an in-ground pool. Ideal home for an active, growing, family. Charming, functional living area with fireplace and hardwood floors. Stainless steel built-in refrigerator. Updated forced hot water heat { 2 zone }, state of the art oil tank and 200 amp electric service with surge protector. Reasonably priced and easy to show. House is vacant .on loc box .
Open House
No scheduled Open Houses

Similar Properties





Categories: New Homes  


Posted by CENTURY 21 Annex Realty on 5/8/2020

Photo by Pixabay via Pexels

When it comes to home ownership, you have many options beyond buying a single-family home. A condominium and a townhouse are two such options. Before you consider making one of these your permanent home, it's important to understand the differences between them.

Condo Ownership

When you purchase a condo, you own the entire inside of the structure. The condo association owns the exterior, all common areas, and the land where the condo sits. Condo owners are not responsible for exterior maintenance. However, you need to budget for condominium association fees apart from your monthly mortgage payment. This covers the cost of repairs and maintenance in common areas. Most condos are in multi-story buildings.

Townhouse Ownership

When buying a townhouse in a traditional manner, you must pay dues to its homeowner's association. This fee goes toward outdoor maintenance, such as mowing the lawn and shoveling snow. Your fee may also include landscaping services. Townhomes typically appear as conjoined single-family homes.

If you choose to purchase a townhouse in a non-traditional manner, you own the land it sits on as well as the physical structure of the home. This means you are responsible for repairs and maintenance both inside and outside of your townhome. The association that owns a townhouse complex is only responsible for communal repairs such as potholes on the street.

Financial Considerations

You can't deduct homeowner's dues if either type of property is your primary or secondary home. The only exception to this is if you rent it to others. If you occupy the condo or townhouse, you can deduct real estate taxes and mortgage interest if you itemize deductions on your tax return. If you plan to use the condo as a second home and rent it the remainder of the time, make sure that you occupy it less than 10 percent of the time that you rent it. If you don't, the IRS considers it personal property.

The non-mortgage fees for a condo are almost always higher than they are for a townhouse. This is due to more shared areas and additional amenities that most townhomes don't have. These may include a swimming pool, a recreation room, or an area on the roof to suntan or host a barbeque for your neighbors. These amenities all carry an additional risk, which necessitates the need for additional insurance coverage.

The property taxes and initial down payment are typically higher for condos as well. Even so, some people prefer a condo over a townhouse because they feel that not being at street level offers them better security.

If youíre in the market for a non-traditional home, feel free to schedule a consultation. We'll go over your options and find the best home to suit your needs.




Tags: Condo   condominium   townhouse   townhome  
Categories: Uncategorized  




Tags


© 2020 CENTURY 21 Annex Realty, Inc.
CENTURY 21 ® is a registered trademark licensed to Century 21 Real Estate LLC.
Equal Housing Opportunity. Each office is independently owned and operated.