VanderZicht Real Estate, Inc. | Whitinsville Real Estate, Uxbridge Real Estate, Sutton Real Estate



42 Shining Rock Drive, Northbridge, MA 01588

Single-Family

$537,900
Price

11
Rooms
4
Beds
2/1
Full/Half Baths
Always wanted to be a part of a Golf Club Community well here is your chance. Beautiful Custom Colonial with all the bells and whistles!! Warm and glowing hardwoods throughout most of the first floor. Formal living room ~ chair rail ~ crown molding~Formal Dining room~ wainscoting ~ crown molding~ Custom kitchen ~ granite ~ upgraded cabinets~ breakfast bar~ ss appliances. Office ~hardwoods and french doors. First floor laundry. Second floor boasts hardwoods stairs and hardwood hall. 4 bedrooms. Master Bedroom has dressing room and custom California closets. Third floor has a huge bonus room for play room or teen suite. Work out room in basement with sliders. Central Vac ~ Central Air~ Security System.Close highway access to Rt. 146 or 495. Come and view this magnificent home!
Open House
No scheduled Open Houses

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Have you heard a lot about HUD homes, but aren’t sure if you should buy one or what the process entails?  HUD stands for The Department Of Housing And Urban Development. The FHA (Federal Housing Administration) is a part of HUD. The FHA is where federal mortgage insurance comes from. If a home is foreclosed on and insured by the FHA, the lender has a right to file a claim for the balance due on the mortgage. The FHA will pay this claim, and then transfer the ownership of the property to the HUD who will sell the home.


Will A HUD Home Provide A Price Break? 


The answer to this question is not necessarily. A HUD home is appraised just like any other home for sale. The price is based on the fair market value of the home. The prices may be adjusted according to any repairs that need to be made to the home. It’s a good idea to have your realtor look into comparable prices for HUD homes, as these properties aren’t guaranteed to be a deal.


Know that HUD homes are sold as-is. There isn’t much negotiating like that of a typical home purchase. As the new owner, you’ll be responsible for all of the repairs. It’s a good idea to invest in a home inspection before you buy a HUD home for this reason. You’ll have a better understanding of what you’re getting into with this type of home purchase. 


How Do You Begin The Search For A HUD Home?


Housing and Urban Development homes are listed by state on the department’s website. This is a good place to start your search. The site also lists brokers who are approved by the HUD. You can then contact local brokers to show you the HUD properties that you’re interested in.


The Process Of Making An Offer


Buying a HUD property can be very different than buying any other type of home in that the offer process is a bit different. These properties are sold through bids. You must hire a licensed real estate agent to assist you in this process, you can’t just put a bid in on your own. You’ll need to be sure that your offer is placed during the designated offer period. Either the highest bid is accepted or the bid that came in first in order will be taken. Generally, the HUD wants to take the offer that will get them the most profit.


Careful With Financing


The HUD does not finance homes. You’ll need to apply for a mortgage just as you would in buying any other home. Before you can even make an offer on a home you must have approved financing. If for some reason you get through the process of having your offer accepted on the home and the financing falls through, there’s a chance that you could lose your earnest money deposit.     

     




541 Chestnut Hill Rd, Millville, MA 01529

Single-Family

$259,000
Price

6
Rooms
3
Beds
2
Baths
Oversized ranch with lots of potential awaits your inspection. Cabinet packed country kitchen, living room with beamed ceiling, picture window, fireplace and hardwoods, Three bedrooms, master 3/4 bath. Tiled main bath with double vanity. Partially finished basement. Laundry area with linen and storage closets Screened porch overlooking private level back yard. Two car garage. Needs some TLC to bring the sparkle back. .
Open House
Saturday
October 28 at 12:00 PM to 2:00 PM
Stop by and take a look at this spacious ranch on tree lined lot. Good bones and needs a little love a few updates to make it sparkle again!!. See you there.
Cannot make the Open Houses?
Location: 541 Chestnut Hill Rd, Millville, MA 01529    Get Directions

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5 Dutch Hill Rd, Uxbridge, MA 01569

North Uxbridge

Land

$150,000
Price

8.38
Acres
Agricultural
Land Type
Pastoral setting with 8.38 acres of agricultural land surrounded by stonewalls, mostly level-some wetlands. Common driveway privately maintained. Beautiful scenic views located in a quiet area in Uxbridge. Must see in person, schedule a viewing today!!
Open House
No scheduled Open Houses




When you decide that you want to buy a home, you probably hope it will all happen overnight for you. There’s some bad news though. It can take between 6 weeks and 6 months to buy a home! It could take even longer if you face a few roadblocks or inventory happens to be low in your area. There’s so many variables when it comes to getting a place to live that everyone has a different experience during their home buying process. 


A Long Road


Even if you decide to buy a home today, and find a home you love tomorrow, there’s a bit of a “grace” period before you actually get to own the home. There’s many different steps that you’ll need to complete in order to successfully secure a home.  


Pre-Approval


The first step that you need to complete when you want to buy a home is that of getting pre-approved. The lender will look at your debts, income, and credit history in order to get a complete financial snapshot of you. With this information, the lender will be able to tell you just how much house you can afford. This will be given to you in the form of a maximum loan amount. If your loan amount is $300,000, you can’t be shopping for $400,000 homes. The pre-approval process generally only takes a few days, but everyone’s circumstances are different.


Get An Agent


Before you even start on the house search, you’ll need to find a real estate agent who can help you on your home search and knows how to secure the home transaction. Do a little research on agents in your area. You can also ask around amongst your family and fiends to see if they have recommendations. Who you pick for your agent can have an impact on how smooth your home search process and transaction will be. 


Start Searching For A Home


Start your home search online. With today’s technology, online home searches save those shopping for a home a lot of time. By simply looking at details and listing descriptions, you can narrow down the number of homes you‘d like to see in person. The online home search is a way to screen homes and eliminate the ones that you have no interest in. 


It never hurts if you are driving around and see a “for sale” sign. You can take down the address and look it up later. If you’re interested, you can always set up an in-person showing with your realtor.               


How Much Time Should You Expect To Spend? 


When it comes to how long you’ll be searching for a home, you’ll need to be realistic. If you’re only doing casual weekend searches, it could take a bit more time than if you have a bit more flexibility in your schedule. Then, you have the final steps to look forward to which include:


  • Negotiations
  • Mortgage underwriting
  • Escrow
  • Closing


All of these final steps can take varying amounts of time from a few weeks to a few months to complete. Patience and diligence are indeed requirements when it comes to buying a home.




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