Cheryl Caldwell - William Raveis - The Dolores Person Group



Posted by Cheryl Caldwell on 4/18/2018


237 Middle Rd, Newbury, MA 01922

Byfield

Single-Family

$1,250,000
Price

9
Rooms
3
Beds
2/1
Full/Half Baths
SHINGLE STYLE SOPHISTICATION AND SERENITY make this property unlike any other! Built in 2000, this open and airy Contemporary nestled on a 4 acre parcel along the banks of the Parker River with 135' of river frontage was designed to take full advantage of the private location while offering unobstructed views of the marsh and the natural landscape upon which the home is constructed. Minutes to Newburyport, Plum Island, commuter routes and train. Entertain in the chef's dream kitchen with views for miles over the marsh, the gorgeous stone fireplaced living room, tranquil Master bedroom suite with fireplace, central AC, security system and so much more. Mahogany decks, perfect for outdoor entertaining and nature watching. Plans available for 1st floor master suite. 5 BR septic. For those seeking a signature home, this very special property could be the opportunity you've been searching for.
Open House
Sunday
April 22 at 11:00 AM to 12:30 PM
Cannot make the Open Houses?
Location: 237 Middle Rd, Newbury, MA 01922    Get Directions






Categories: Open House  


Posted by Cheryl Caldwell on 4/18/2018


237 Middle Rd, Newbury, MA 01922

Byfield

Single-Family

$1,250,000
Price

9
Rooms
3
Beds
2/1
Full/Half Baths
SHINGLE STYLE SOPHISTICATION AND SERENITY make this property unlike any other! Built in 2000, this open and airy Contemporary nestled on a 4 acre parcel along the banks of the Parker River with 135' of river frontage was designed to take full advantage of the private location while offering unobstructed views of the marsh and the natural landscape upon which the home is constructed. Minutes to Newburyport, Plum Island, commuter routes and train. Entertain in the chef's dream kitchen with views for miles over the marsh, the gorgeous stone fireplaced living room, tranquil Master bedroom suite with fireplace, central AC, security system and so much more. Mahogany decks, perfect for outdoor entertaining and nature watching. Plans available for 1st floor master suite. 5 BR septic. For those seeking a signature home, this very special property could be the opportunity you've been searching for.
Open House
Sunday
April 22 at 11:00 AM to 12:30 PM
Cannot make the Open Houses?
Location: 237 Middle Rd, Newbury, MA 01922    Get Directions






Categories: New Homes  


Posted by Cheryl Caldwell on 4/13/2018

If you’re a first-time homebuyer, odds are you’ve thrown the words “prequalified” and “preapproved” interchangeably. However, when it comes to home loans, there are some very important differences between the two.

For buyers hoping to purchase a home with a few missteps and misunderstandings as possible, it’s vital to understand the procedures involved in acquiring financing for a home.

Today, we’ll break down these two real estate jargon terms so that you can go into the mortgage approval process armed with the knowledge to help you succeed in securing a home loan.

Mortgage prequalification

Let’s start with the easy part--mortgage prequalification. Getting prequalified helps borrowers find out what kind and what size mortgage they can likely secure financing for. It also helps lenders establish a relationship with potential customers, which is why you will often see so many ads for mortgage prequalification around the web.

Prequalification is a relatively simple process. You’ll be asked to provide an overview of your finances, which your lender will plug into a formula and then report back to you whether or not you’re likely to get approved based on your current circumstances.

The lender will ask you for general information about your income, assets, debt, and credit. You won’t need to provide exact documents for these things at this phase in the process, since you have not yet technically applied for a mortgage.

Prequalification exists to give you a broad picture of what you can expect. You can use this information to plan for the future, or you can seek out other lenders for a second opinion. But, before you start shopping for homes, you’ll want to make sure you’re preapproved, not prequalified.

Mortgage preapproval

After you’ve prequalified, you can start thinking about preapproval. If you’re serious about buying a home in the near future, getting preapproved will simplify your buying process. It will also make sellers more likely to take you seriously, since you already have your financing partially secured.

Mortgage preapproval requires you to provide the lender with income documentation. They will also perform a credit inquiry to receive your FICO score.

Mortgage applications and credit scores

Before we talk about the rest of the preapproval process, we need to address one common issue that buyers face when applying for a mortgage. There are two types of credit inquiries that lenders can perform to view your credit history--hard inquiries and soft inquiries.

A soft inquiry won’t affect your credit score. But a hard inquiry can lower your score by a few points for a period of 1 to 2 months. So, when getting preapproved, you should expect your credit score to drop temporarily.

After preapproval

Once you’re preapproved for a mortgage, you can safely begin looking at homes. If you decide to make an offer on a home and your offer is accepted, your preapproval will make it easier to move forward in closing on the home.

Once the lender checks off on the house you’re making an offer on, they will send you a loan commitment letter, enabling you to move forward with closing on the home.





Posted by Cheryl Caldwell on 4/12/2018

This Single-Family in Salisbury, MA recently sold for $354,000. This Ranch style home was sold by Cheryl Caldwell - William Raveis - The Dolores Person Group.


62 Mudnock Rd, Salisbury, MA 01952

Single-Family

$375,000
Price
$354,000
Sale Price

7
Rooms
3
Beds
2
Baths
62 MUDNOCK RD has been a warm and wonderful home to the same family for 60 years and is now looking for it's new owners to make memories with! Situated facing Stevens Tree Farm on a 2+ acre lot and perfectly located on a quiet residential side street, yet minutes to the Salisbury beaches, shops and restaurants of Newburyport and Rtes 95 and 495, this property feels like home the minute you walk in. Originally built in 1960 and further expanded in 1971, this home provides the perfect opportunity for anyone willing to build a little sweat equity! Easy one level living, 3 bedrooms, 2 full baths, a large fireplaced family room which opens to the brick patio overlooking the back yard, attached 1 car garage. More recent improvements include new hot water heater 2017, new furnace 2014, new roof on addition 2016, new roof, windows, electrical and gutters in 2004. Enjoy city water, sewer, lower Salisbury taxes and a community that is on the rise. Don't miss this opportunity!

Similar Properties





Categories: Sold Homes  


Posted by Cheryl Caldwell on 4/12/2018


8 Thomas Morgan Ln, Salisbury, MA 01952

Single-Family

$435,000
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
NORTHPOINTE VILLAGE perfection! If you're looking for a better than new house, with the ease of condo living but the benefits of having your own single family residence, this is the community for you! Built for easy living, low maintenance and energy efficiency, this 3 bedroom, 2 1/2 bath home is situated beautifully on a corner lot and provides an open concept floor plan, fireplaced living room, chef's kitchen with warm granite countertops and gorgeous cabinetry, wonderful Master bedroom suite with cathedral ceilings and walk-in closet, finished basement family room, 1 car attached garage, central AC and so much more! Centrally located minutes to the beaches, downtown Newburyport, and Routes 95, 495 and Route 1. Salisbury's affordable tax rate also makes this a smart buy for anyone considering a move to the Seacoast area. This special offering will not last!
Open House
Saturday
April 14 at 12:00 PM to 1:00 PM
Cannot make the Open Houses?
Location: 8 Thomas Morgan Ln, Salisbury, MA 01952    Get Directions

Similar Properties





Categories: New Homes  




Tags