Erika Sullivan Realty Group



Posted by Erika Sullivan Realty Group on 11/20/2017

This Single-Family in Worcester, MA recently sold for $349,000. This Contemporary,Ranch style home was sold by - Erika Sullivan Realty Group.


15 Simmons Ave., Worcester, MA 01605

Single-Family

$359,900
Price
$349,000
Sale Price

7
Rooms
3
Beds
2/1
Full/Half Baths
HUGE PRICE DROP! NOT A DRIVE BY! THIS ONE NEEDS TO BE VIEWED! Welcome Home! This pristine, custom home has it all! Young, one level custom home, professionally landscaped, 2 car garage, 3 bed and 2.5 baths. Cathedral Ceilings in living room,Cabinet packed kitchen, granite countertops, and hardwood floors throughout main living area! Central air! Natural gas heat! Fenced in back yard, 12 x 16 composite deck and front porch, and a generator completely hooked up with a separate back feed hook up! Conveniently located, yet tucked away in a quiet, quaint neighborhood!

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Categories: Sold Homes  


Posted by Erika Sullivan Realty Group on 11/19/2017

Have you ever visited someone's home and thought to yourself, "Their living room seems really cluttered" or "Those counter tops look like they haven't been updated since the 1960s!"

Many people quickly notice decorating flaws or home maintenance issues in other people's houses, but when it comes to their own homes -- well, that's another story!

Why is that the case? Two reasons: You're emotionally attached to your own home environment and you're also "too close to the trees to see the forest." It's hard to step back and see your home through a fresh set of eyes -- which is exactly the way prospective buyers are going to look it.

Curb appeal -- or a lack, thereof-- will be the first thing they notice, followed by positive or negative first impressions of your home's interior -- if they get that far! So if you're preparing to put your home on the market, you don't want to be like the person who tries to represent themselves in court. As Abraham Lincoln once said, they have "a fool for a client!"

Since first impressions are so vital when selling your house, it makes sense to confer with someone who really knows the ropes when it comes to home staging. Typically, that would be one of the following professionals:

  • An experienced real estate agent: Real estate agents are in the business of helping people sell their homes as quickly and profitably as possible -- it's a win/win situation. In all likelihood, they've conducted hundreds of house tours and listened to a massive amount of feedback from prospective buyers. One thing they've invariably noticed is that a lot of people react the same way to the same issues. Based on experience and a trained eye, most real estate agents can quickly spot and point out cost-effective ways to make your home more marketable and visually appealing.
  • A professional home stager: Although not all communities have access to professional home stagers, there are talented and knowledgeable experts in that field who can offer valuable advice. If you're working with an experienced real estate agent, however, it probably would not be necessary to pay extra to hire a professional staging consultant.

According to the National Association of Realtors, the median amount of money spent on staging a home is $675, so it doesn't necessarily have to be ultra-expensive. In a survey of its membership, Realtors ranked living rooms and kitchens as the most important rooms to stage. Also considered important are the master bedroom, dining room, and bathrooms.

Thirty seven percent of Realtorsģ representing sellers believe that buyers most often offer a 1 to 5 percent increase on the value of a staged home. A smaller percentage say the potential increase is in the neighborhood of 6% to 10%. However you look at it, you're tipping the scales in your direction when you make your home look its best prior to putting it up for sale.





Posted by Erika Sullivan Realty Group on 11/12/2017

If youíre trying to decide whether itís best to move from your current home or to make the necessary improvements on the home, itís not an easy decision. One thing you may have to consider is how to get the capital in order to have those home improvements done. 

Thereís a variety of options available to you in order to secure a loan to renovate your home. Whether you need to renovate the kitchen, build out from your current property, or replace the heating system, thereís ways that you can get the money to complete these necessary updates. 


One thing to consider about any of the options discussed is that you donít want to be paying for home improvement loans until you need to update everything once again. If youíre preparing to sell your home, making improvements is a wise choice, as it can increase the return that youíll get on your home. 

Donít Run Out Of Cash


 If you cannot complete the improvements that you started, you may not be able to get another loan to complete them. You can typically borrow between 80 and 90% of your home equity. The downside to refinancing your home or taking out home equity lines of credit is that youíll need to pay closing costs once the loan is approved. In other words, youíll need to put out some cash in order to get some cash. 

Use Your Own Cash

If you have some cash saved up, itís wise to just do one project at a time. This can take some time, but can be more economical in the long run. If you donít need to complete your repairs in a hurry, then using your own savings is a good idea.

Refinance Your Home

If you would benefit from a lower interest rate, refinancing your home can be a great option. As long as the cost of repairs doesnít exceed the number of years that the updates will last, refinancing makes sense. 

Home Equity Credit Line


If your mortgage is locked in and working for you, home equity lines of credit are always a good option. You can draw money out as you need it and pay it back as you go. You wonít need to pay interest until you use the money and the loan is good for 10 years. The downside is that if you donít make the payments, you could lose your home.   

Home Equity Loans

This type of loan allows you to borrow a fixed amount and then pay back the loan with a fixed monthly installment. A 15 year term is typical of this type of loan.


Construction Loans


A construction loan can be used to build a house or to make large-scale renovations. These loans are short-term and not always easy to find access to. Not to mention that they are heavily managed and perhaps the least popular option presented here. 


FHA 203K Loans


This type of loan is generally used to purchase a home that is in need of much repair. The downside is that youíll need mortgage insurance for the entire life of the loan. Less complicated repairs often offer a more streamlined FHA loan of up to $35,000. 


FHA Title 1 Loans


These loans provide up to $25,000 for home improvements. The money is insured by the federal government and can be obtained from approved lenders. Homeowners donít need access to equity in order to get one of these loans and they are available in 20 year terms. 


These are just some of the options that are available to you as a homeowner seeking ways to get cash to make improvements to your home. You can tap into other types of personal loans including credit cards. Really, you need to do whatís best for your finances. Itís good to know that thereís options available to you to improve your home.




Categories: Uncategorized  


Posted by Erika Sullivan Realty Group on 11/8/2017


49 Countryside Road, Grafton, MA 01536

Single-Family

$379,900
Price

8
Rooms
4
Beds
3
Baths
LOOKING FOR OFFERS! A Perfect Family Home, boasting of 2400 square feet of living area located in a wonderful, well established neighborhood in North Grafton! This home has gorgeous hardwoods throughout, 3 fireplaces, a partially finished lower level with a fireplace! First floor bath complete with laundry area! Master suite with master bath with gorgeous closet systems! Roof replaced in 2012, Windows replaced in 2010/2011, furnace in 2003. Addition was built in 1986 according to last owners. Conveniently located and a few miles from the T and Pike.Sellers want offers! Quick close possible!!!!
Open House
No scheduled Open Houses

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Categories: Price Change  


Posted by Erika Sullivan Realty Group on 11/8/2017


25 Sycamore St, Millbury, MA 01527

Condo

$269,900
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
If you are looking for condo living, look no further than this beautifully maintained move-in ready END unit. Fresh paint throughout, hardwood floors on first floor, wall to wall carpet on the second floor, huge area in lower-level for storage or other possibilities. Granite counter tops, stainless appliances, recessed lighting in spacious cabinet-packed kitchen. ALL appliances convey including washer/dryer and dishwasher and disposal all within 2 years! Extra layer of insulation in the attic adding to energy efficiency of this unit. Three large bedrooms and 2.5 bathrooms including master bath. The furnace has been regularly maintained with newer tankless hot water. 2 deeded parking spaces with visitor parking also available. LOW condo fee! Pets allowed! YOU COULD NOT ASK FOR MORE! Great location in a quiet area of town but within an hour to Boston/Providence and just minutes to Worcester! Quick close possible!
Open House
Sunday
November 12 at 1:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 25 Sycamore St, Millbury, MA 01527    Get Directions






Tags: Millbury   Real Estate   Open House   Condo   01527  
Categories: Open House  




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