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10 Million Underwater Homes…video blog on a possible solution?
February 16, 2012
My recent addiction to this video blog is becoming a solid part of my morning routine. From the just the title of their blog “Think Big Work Small” to this quick report on a possible solution to the current housing market crisis proposed by Senator Menendez. Excellent way to keep up on things without having to read the entire proposal…and I love their comment at the end that even if this isn’t a perfect solution…it’s better than the road we’re on now!
Another take on the big mortgage settlement…
February 11, 2012
These guys are great and in this video they recap an excellent way to qualify for a VA Loan if you’re currently unmarried and a real person’s look at the robo-bot settlement with the major banks.
Fannie Mae Rolls Out Online-only REO Offers – where are they in Worcester County?
February 11, 2012
Streamling! I love a good system and I am hoping this works well! Worcester County has a 184 Fannie Mae Homepath properties and now buyers can submit an offer directly online to Fannie Mae with their agent. I am hoping this creates an efficient environment to moving these properties off the market and into the “sold” category.
“Making an offer to purchase a HomePath property is now quick, easy and entirely online! Beginning February 2, all offers on HomePath properties must be made using the HomePath Online Offer system. If you’re ready to make an offer, just have your real estate professional click the “Make an Offer” button on the property information and follow the instructions.”
Only licensed agents can make offers, so any consumers shopping for a home on Fannie’s HomePath site have to contact an agent first.”
Here is a list of the 184 REO properties in Worcester County that are available as of today. If you are interested in seeing one of these properties or getting more information on how to purchase a foreclosure – just let me know! I will connect you!
| Address | City | State | List Price | Property Type | Bedrooms | Bathrooms | Square Feet | Lot Size |
| 39 Sled Rd | Ashburnham | Ma | $41,900 | Single-Family | 2 | 1 | 1205 | 9000 |
| 13 Holt Rd | Ashburnham | Ma | $82,900 | Single-Family | 2 | 1 | 816 | 37994 |
| 11 Stodge Dr | Ashburnham | Ma | $189,900 | Single-Family | 3 | 1.5 | 1337 | 7500 |
| 317 Petersham Rd | Athol | Ma | $77,900 | Single-Family | 3 | 2 | 1561 | 103237 |
| 181 Harugari St | Athol | Ma | $82,900 | Single-Family | 3 | 2 | 1416 | 9022 |
| 63 Everett St | Athol | Ma | $49,900 | Single-Family | 3 | 2 | 1500 | 12196 |
| 82 Kennebunk St | Athol | Ma | $71,900 | Single-Family | 4 | 2 | 2612 | 43560 |
| 90 Narrow Ln | Athol | Ma | $139,900 | Single-Family | 3 | 2 | 1290 | 80000 |
| 21 Harrison Ave | Auburn | Ma | $76,900 | Single-Family | 2 | 1.5 | 1182 | 14136 |
| 49 Wallace Ave | Auburn | Ma | Single-Family | 4 | 1.5 | 1654 | 42000 | |
| 124 South St | Auburn | Ma | $199,900 | Single-Family | 3 | 2.5 | 1810 | 20000 |
| 19 Holman St | Baldwinville | Ma | $79,900 | Single-Family | 3 | 1.5 | 1671 | 9583 |
| 22 Pleasant St | Baldwinville | Ma | $49,000 | Single-Family | 4 | 2 | 1678 | 12196 |
| 98 Farrington Rd | Barre | Ma | $194,900 | Single-Family | 2 | 2 | 1803 | 136342 |
| 331 Nichols Rd | Barre | Ma | $149,500 | Single-Family | 3 | 2 | 2539 | 4 |
| 134 Valley Rd | Barre | Ma | $134,900 | Single-Family | 3 | 1 | 1320 | 25700 |
| 27 Kendall St | Barre | Ma | $55,900 | Multi-Family | 3 | 2 | 6000 | |
| 650 Rathbun St | Blackstone | Ma | $150,000 | Single-Family | 2 | 1 | 1076 | |
| 9 Rocco Dr | Blackstone | Ma | $229,900 | Single-Family | 5 | 3 | 1728 | 25264 |
| 34 Miller St | Blackstone | Ma | $117,900 | Multi-Family | 5 | 2 | ||
| 310 Ballville Rd | Bolton | Ma | $259,900 | Single-Family | 3 | 2 | 1000 | 43560 |
| 45 Auburn St | Cherry Valley | Ma | $81,900 | Single-Family | 4 | 1 | 1624 | 54886 |
| 16 Blossom St | Clinton | Ma | $99,000 | Single-Family | 4 | 1 | 1536 | 9900 |
| 56 Parker St | Clinton | Ma | $149,900 | Single-Family | 3 | 1.5 | 1340 | |
| 270 Chestnut St | Clinton | Ma | $194,900 | Single-Family | 3 | 2 | 2179 | 10477 |
| 333 South St | Douglas | Ma | $114,900 | Multi-Family | 6 | 2 | 88427 | |
| 34 Main St | Douglas | Ma | $168,900 | Single-Family | 3 | 2 | 1587 | 33461 |
| 68 Webster St | Douglas | Ma | $189,900 | Single-Family | 4 | 2 | 1344 | 74662 |
| 5 Gilboa St | Douglas | Ma | $79,900 | Single-Family | 4 | 1.5 | 1482 | 11854 |
| 61 W Main St | Dudley | Ma | $89,900 | Single-Family | 2 | 2 | 1306 | 9147 |
| 7 Green St | Dudley | Ma | $104,900 | Single-Family | 3 | 1.5 | 1230 | 6323 |
| 63 Marion St | Fitchburg | Ma | $109,900 | Single-Family | 4 | 1.5 | 2041 | 6315 |
| 9 Phillips Passway | Fitchburg | Ma | $105,900 | Single-Family | 4 | 2 | 1780 | 9675 |
| 34 Ellis St | Fitchburg | Ma | $153,900 | Single-Family | 3 | 1.5 | 1375 | 18516 |
| 48 Bond St | Fitchburg | Ma | $104,900 | Single-Family | 3 | 3 | 2162 | 9583 |
| 87 Prospect St | Fitchburg | Ma | $149,900 | Single-Family | 5 | 3.5 | 3600 | 6970 |
| 45 Forest St | Fitchburg | Ma | $49,900 | Multi-Family | 4 | 2 | 4351 | |
| 54 Melrose St | Fitchburg | Ma | $87,900 | Multi-Family | 9 | 4 | 5000 | |
| 114 Beech St | Fitchburg | Ma | $29,900 | Single-Family | 2 | 1 | 1030 | 12737 |
| 28 Constitution Dr | Fitchburg | Ma | $127,900 | Condo | 2 | 1.5 | 1280 | |
| 91 Saint Joseph Ave | Fitchburg | Ma | $114,900 | Multi-Family | 4 | 2 | ||
| 68 Green Briar Rd | Fitchburg | Ma | $129,900 | Condo | 2 | 1.5 | 1586 | |
| 80 Marshall St # 84 | Fitchburg | Ma | $49,900 | Multi-Family | 10 | 4 | 4792 | |
| 357 Rollstone St | Fitchburg | Ma | $69,900 | Multi-Family | 4 | 2 | ||
| 342 Townsend St | Fitchburg | Ma | $104,900 | Single-Family | 3 | 2 | 1169 | 19500 |
| 34 Longedge Ave | Fitchburg | Ma | $39,900 | Single-Family | 3 | 1 | 930 | 8895 |
| 113 Payson St | Fitchburg | Ma | $41,900 | Multi-Family | 7 | 3 | 10267 | |
| 749 Fifth Mass Turnpike R | Fitchburg | Ma | $112,900 | Single-Family | 2 | 2 | 2002 | 104979 |
| 32 Catherine St | Gardner | Ma | $102,900 | Single-Family | 3 | 1 | 974 | 9147 |
| 72 Euclid St | Gardner | Ma | $42,500 | Multi-Family | 4 | 2 | 1408 | 7405 |
| 69 Prospect St | Gardner | Ma | $149,900 | Single-Family | 5 | 2 | 2950 | 43560 |
| 151 Regan St | Gardner | Ma | $49,900 | Single-Family | 3 | 1 | 1023 | 2308 |
| 509 Clark St | Gardner | Ma | $129,900 | Single-Family | 3 | 2 | 1080 | |
| 78 Catherine St | Gardner | Ma | $81,900 | Single-Family | 3 | 1 | 1028 | 8085 |
| 24 Metcalf St | Gardner | Ma | $109,900 | Single-Family | 3 | 2.5 | 1245 | |
| 207 W Broadway | Gardner | Ma | $69,900 | Single-Family | 3 | 1.5 | 1763 | 14710 |
| 1 Coventry Rd # 1 | Grafton | Ma | $148,900 | Condo | 2 | 1 | 925 | |
| 88 Laurelwood Dr | Hopedale | Ma | $164,900 | Condo | 2 | 1.5 | 1440 | |
| 45 High Bridge Rd | Hubbardston | Ma | $124,900 | Single-Family | 4 | 1.5 | 1592 | 176418 |
| 121 High Street Ext | Lancaster | Ma | $189,900 | Single-Family | 3 | 1.5 | 1402 | 16117 |
| 142 Center Bridge Rd | Lancaster | Ma | $204,900 | Single-Family | 4 | 2 | 1872 | 33106 |
| 123 Henshaw St | Leicester | Ma | $149,900 | Single-Family | 3 | 1.5 | 1056 | |
| 48 King St | Leicester | Ma | $69,900 | Single-Family | 3 | 1 | 1056 | |
| 2 Scott Ln | Leicester | Ma | $264,900 | Single-Family | 3 | 2.5 | 2640 | |
| 44 Hemlock St | Leicester | Ma | $164,900 | Single-Family | 3 | 2 | 1294 | 40001 |
| 60 Grove St | Leicester | Ma | $99,900 | Single-Family | 2 | 2 | 1070 | 9782 |
| 46 Franklin St | Leominster | Ma | $162,900 | Multi-Family | 4 | 2 | 146361 | |
| 179 Pennacook Dr | Leominster | Ma | $95,900 | Condo | 2 | 1.5 | 1107 | |
| 100 Gordon St | Leominster | Ma | $269,900 | Single-Family | 5 | 4 | 3492 | |
| 38 Wedgewood Ln | Leominster | Ma | $219,900 | Single-Family | 3 | 2 | 1562 | 13593 |
| 45 Stephens Rd | Leominster | Ma | $189,900 | Single-Family | 4 | 2.5 | 1508 | |
| 41 Judy Dr | Leominster | Ma | $179,900 | Single-Family | 3 | 3 | 1600 | 12500 |
| 42 Fox Meadow Rd Apt G | Leominster | Ma | $82,900 | Condo | 2 | 1.5 | 1152 | |
| 21 Franklin St | Leominster | Ma | $67,900 | Single-Family | 4 | 1.5 | 1754 | 29581 |
| 245 Water St | Leominster | Ma | $129,900 | Multi-Family | 6 | 4 | 8000 | |
| 30 Boscobel Ln | Leominster | Ma | $194,900 | Single-Family | 3 | 2.5 | 1832 | 19525 |
| 347 Day St | Leominster | Ma | $149,900 | Single-Family | 3 | 2 | 2268 | 30714 |
| 13b Carpenter Hill Road | Mendon | Ma | $189,900 | Condo | 3 | 1.5 | 1624 | |
| 6 S High St | Milford | Ma | $154,900 | Single-Family | 3 | 2 | 1538 | 7405 |
| 13 Como Ct | Milford | Ma | $129,900 | Single-Family | 3 | 1.5 | 1556 | 6000 |
| 63 S Bow St # 1 | Milford | Ma | $169,900 | Multi-Family | 6 | 3 | 8200 | |
| 21 Lee St | Milford | Ma | $84,900 | Single-Family | 2 | 1 | 1023 | 7215 |
| 30 Congress St | Milford | Ma | $199,900 | Single-Family | 3 | 3 | 1841 | 12000 |
| 31 1 2 Forest Street | Milford | Ma | $134,900 | Multi-Family | 4 | 2 | 12000 | |
| 44 Depot St | Milford | Ma | $169,900 | Multi-Family | 4 | 2 | ||
| 80 Horne Way | Millbury | Ma | $259,900 | Condo | 2 | 2.5 | 1794 | |
| 71 S Oxford Rd | Millbury | Ma | $119,900 | Single-Family | 3 | 1 | 1248 | 20000 |
| 7 Hilltop Ln | Millville | Ma | $279,900 | Single-Family | 4 | 2.5 | 2464 | 64992 |
| 78 Gilbert St | North Brookfield | Ma | $116,900 | Single-Family | 4 | 1.5 | 1476 | |
| 106 N Main St | North Grafton | Ma | $159,900 | Multi-Family | 4 | 2 | 2250 | 9147 |
| 54 E Street | North Grafton | Ma | $101,900 | Single-Family | 3 | 1 | 920 | 10019 |
| 233 Brigham Hill Rd | North Grafton | Ma | $229,900 | Single-Family | 3 | 2.5 | 1408 | 22216 |
| 5 Kimball Ln | Northborough | Ma | $237,900 | Single-Family | 3 | 3 | 1235 | 29185 |
| 30 Shady Lane Ave | Northborough | Ma | $125,000 | Single-Family | 3 | 2 | 1160 | 13939 |
| 1375 Quaker St | Northbridge | Ma | $274,900 | Single-Family | 3 | 3 | 2508 | 229996 |
| 77 Sutton St | Northbridge | Ma | $56,000 | Condo | 2 | 1 | 1129 | |
| 720 E Hill Rd | Oakham | Ma | $184,900 | Single-Family | 3 | 2.5 | 2104 | 130680 |
| 35 Brown Rd | Oxford | Ma | $134,900 | Single-Family | 4 | 2 | 1512 | 67517 |
| 217 Old Webster Rd | Oxford | Ma | $189,900 | Single-Family | 3 | 1 | 1688 | 56628 |
| 4 Harwood St | Oxford | Ma | $139,900 | Single-Family | 3 | 1 | 960 | 12197 |
| 65 Quobaug Ave | Oxford | Ma | $109,900 | Single-Family | 2 | 2 | 768 | 10890 |
| 33 Radford Rd | Princeton | Ma | $79,900 | Single-Family | 2 | 1 | 908 | 25700 |
| 112 Brooks Station Rd | Princeton | Ma | Single-Family | 5 | 2.5 | 3820 | ||
| 20 Athens Ave | Rutland | Ma | $39,900 | Single-Family | 1 | 1 | 744 | 10454 |
| 10 Skyline Dr | Rutland | Ma | $239,900 | Single-Family | 3 | 1.5 | 2496 | 16553 |
| 11 Sassawanna Rd | Rutland | Ma | $234,900 | Single-Family | 4 | 3 | 1872 | 100187 |
| 31 Elmwood St | South Grafton | Ma | $227,900 | Single-Family | 3 | 1 | 1795 | 19602 |
| 149 Southville Rd | Southborough | Ma | $150,000 | Single-Family | 2 | 1 | 754 | |
| 4 Flagg Rd | Southborough | Ma | $279,900 | Single-Family | 3 | 1.5 | 1196 | 43560 |
| 91 Pinedale St | Southbridge | Ma | $142,900 | Single-Family | 3 | 2 | 1444 | 20950 |
| 19 Alpine Dr | Southbridge | Ma | $69,900 | Single-Family | 4 | 1 | 1704 | 30387 |
| 10 Oak St | Southbridge | Ma | Single-Family | 3 | 1 | 1144 | ||
| 318 Clemence Hill Rd | Southbridge | Ma | $66,900 | Single-Family | 4 | 2.5 | 2940 | |
| 18 Benefit St | Southbridge | Ma | $47,900 | Multi-Family | 5 | 2 | 0.12 | |
| 9 A Cottage St | Spencer | Ma | $94,900 | Single-Family | 2 | 1.5 | 1386 | 8331 |
| 24 Highland St | Spencer | Ma | $104,900 | Single-Family | 5 | 1.5 | 2280 | 11059 |
| 252 Main St | Spencer | Ma | $142,900 | Single-Family | 5 | 2 | 2849 | 24262 |
| 16 Langevin St | Spencer | Ma | $129,900 | Single-Family | 4 | 2 | 1880 | 33080 |
| 104 Cranberry Meadow Rd | Spencer | Ma | $149,900 | Single-Family | 2 | 1 | 980 | 24215 |
| 29 Princeton Rd | Sterling | Ma | $139,900 | Single-Family | 4 | 2 | 1720 | 37170 |
| 15 Clemence Ave | Sterling | Ma | $134,900 | Single-Family | 3 | 1 | 1508 | 40435 |
| 214 Charlton Rd | Sturbridge | Ma | $124,900 | Single-Family | 5 | 2 | 1836 | 561052 |
| 21 Simpson St | Sturbridge | Ma | $159,900 | Single-Family | 3 | 1 | 1248 | |
| 21 Fiske Hill Rd | Sturbridge | Ma | $119,900 | Single-Family | 3 | 2 | 1493 | |
| 449 Central Tpke | Sutton | Ma | $174,900 | Single-Family | 3 | 2.5 | 1364 | 225000 |
| 16 Hartness Rd Apt 3 | Sutton | Ma | $12,900 | Condo | 1 | 1 | 781 | |
| 5 Sunrise Dr | Sutton | Ma | $170,900 | Single-Family | 1 | 1 | 616 | |
| 49 Otter River Rd | Templeton | Ma | $126,900 | Single-Family | 1 | 2 | 1050 | 43996 |
| 5 Pease Rd | Upton | Ma | $379,900 | Single-Family | 4 | 3.5 | 2759 | 33977 |
| 15 Autumn Rd | Uxbridge | Ma | $314,900 | Single-Family | 6 | 3.5 | 3640 | |
| 127 Old Millville Rd | Uxbridge | Ma | $150,000 | Single-Family | 3 | 1.5 | 1248 | |
| 89 E Hartford Ave Unit 2b | Uxbridge | Ma | $165,000 | Single-Family | 3 | 1.5 | 1488 | |
| 15 Eddy St | Webster | Ma | $84,900 | Single-Family | 2 | 1 | 1100 | 5100 |
| 8 Wellington St | Webster | Ma | $69,900 | Multi-Family | 8 | 2 | ||
| 11 Highcrest Park | Webster | Ma | $114,900 | Condo | 2 | 1.5 | 1536 | |
| 26 3rd St | Webster | Ma | $149,900 | Single-Family | 3 | 1 | 1404 | 14222 |
| 1 4th St | Webster | Ma | $104,900 | Single-Family | 3 | 2 | 1184 | 5101 |
| 129 Sutton Rd | Webster | Ma | $139,000 | Single-Family | 4 | 2 | 1782 | |
| 34 Fisher St | Westborough | Ma | $169,900 | Single-Family | 3 | 2 | 1286 | 12778 |
| 48 Water St | Westborough | Ma | $159,900 | Single-Family | 2 | 1 | 1191 | 11946 |
| 120 East Rd # 120b | Westminster | Ma | $169,900 | Single-Family | 3 | 2.5 | 1442 | |
| 419 S Ashburnham Rd | Westminster | Ma | $134,900 | Single-Family | 3 | 1.5 | 1146 | 60984 |
| 104 State Rd W | Westminster | Ma | $79,900 | Single-Family | 2 | 1 | 970 | 30056 |
| 128 Linwood Ave | Whitinsville | Ma | $69,900 | Single-Family | 9 | 2 | 3400 | 24683 |
| 263 Spring St | Winchendon | Ma | $81,900 | Single-Family | 3 | 1 | 1131 | 21605 |
| 3335 Beech St | Winchendon | Ma | $77,900 | Multi-Family | 4 | 2 | 7405 | |
| 10 Maynard St | Winchendon | Ma | $59,500 | Single-Family | 3 | 1 | 1262 | |
| 212 Maple St | Winchendon | Ma | $27,900 | Multi-Family | 4 | 2 | 10890 | |
| 41 Mill Glen Rd | Winchendon | Ma | $99,900 | Single-Family | 2 | 1 | 976 | 96137 |
| 391 Burncoat St | Worcester | Ma | $139,900 | Single-Family | 4 | 1 | 1485 | 5800 |
| 71 E Mountain St | Worcester | Ma | $74,900 | Single-Family | 3 | 1.5 | 1176 | 68389 |
| 15 Ludlow St | Worcester | Ma | $129,900 | Single-Family | 2 | 2 | 1056 | 10938 |
| 24 Navasota Ave | Worcester | Ma | $89,000 | Single-Family | 3 | 1 | 1310 | 6600 |
| 20 Quaboag St | Worcester | Ma | $79,900 | Single-Family | 3 | 1 | 1149 | 10000 |
| 13 Mildred Ave | Worcester | Ma | $94,900 | Multi-Family | 6 | 2 | 5000 | |
| 8 Cutting Ave | Worcester | Ma | $89,900 | Single-Family | 2 | 1 | 1230 | 6600 |
| 73 Camelot Dr | Worcester | Ma | $144,900 | Condo | 2 | 2.5 | 1530 | |
| 143 Providence St Apt 3 | Worcester | Ma | $42,900 | Condo | 2 | 1 | 727 | |
| 11 Gibbs St Unit E72 | Worcester | Ma | $54,900 | Condo | 2 | 2 | 870 | |
| 35 June St | Worcester | Ma | $139,900 | Single-Family | 4 | 1.5 | 1980 | 4800 |
| 201 Wildwood Ave | Worcester | Ma | $130,000 | Single-Family | 2 | 2 | 1080 | 32398 |
| 52 Wigwam Hill Dr | Worcester | Ma | $124,900 | Single-Family | 2 | 1.5 | 1059 | 4139 |
| 99 Andrews Ave | Worcester | Ma | $120,000 | Single-Family | 3 | 1 | 895 | 5000 |
| 44 Greencourt St | Worcester | Ma | $164,900 | Single-Family | 3 | 2.5 | 2008 | 7438 |
| 270 Sunderland Rd # 94 | Worcester | Ma | $89,900 | Condo | 2 | 1.5 | 900 | |
| 14 Judson Rd | Worcester | Ma | $169,900 | Single-Family | 3 | 2 | 1522 | 5868 |
| 26 Nome St | Worcester | Ma | $164,900 | Single-Family | 4 | 2 | 1508 | 10000 |
| 21 And 21a Summerhill | Worcester | Ma | Multi-Family | 7 | 4 | |||
| 2 Apricot St Apt 14 | Worcester | Ma | $62,900 | Condo | 2 | 1 | 736 | |
| 30 Mount Vernon St Apt C | Worcester | Ma | $99,900 | Condo | 2 | 1.5 | 983 | 4664 |
| 35 Cataract St | Worcester | Ma | $274,900 | Single-Family | 4 | 2.5 | 2192 | 8666 |
| 38 Boston Ave | Worcester | Ma | $74,900 | Single-Family | 3 | 1.5 | 1272 | 4770 |
| 19 Barclay St | Worcester | Ma | $54,900 | Multi-Family | 9 | 3 | 4311 | |
| 11 Rice4 | Worcester | Ma | $69,900 | Single-Family | 2 | 1.5 | 1040 | |
| 31 Grammont Rd Apt D | Worcester | Ma | $99,900 | Condo | 3 | 1.5 | 1276 | 2200 |
| 11 Elizabeth St | Worcester | Ma | Multi-Family | 6 | 3 | |||
| 127 Fairfield St | Worcester | Ma | $94,900 | Multi-Family | 6 | 3 | 2795 | |
| 51 Mcclintock Ave | Worcester | Ma | $199,900 | Single-Family | 3 | 1.5 | 2238 | 9019 |
| 12 Royal Rd | Worcester | Ma | $94,900 | Single-Family | 4 | 1.5 | 1838 | 9096 |
| 16 Fairfield St | Worcester | Ma | $119,900 | Single-Family | 4 | 1 | 1464 | 11208 |
| 101 Pineland Ave | Worcester | Ma | $199,900 | Single-Family | 3 | 2 | 2108 | 13000 |
| 5 Benefit Ter | Worcester | Ma | $69,900 | Multi-Family | 8 | 3 | 2990 | |
| 801 Pleasant St | Worcester | Ma | $119,900 | Condo | 3 | 1 | 1488 | |
| 23 Camp St | Worcester | Ma | $64,900 | Multi-Family | 4 | 3 | 6069 |
Open Sunday 2pm to 3:30 – 179 Rocky Road Northbridge (Whitinsville)
February 9, 2012
It’s not just for ice cream – this colonial is priced well and the sellers are motivated! NOT a short sale so a quick close is possible. On a beautiful tree-lined cul-de-sac filled with comparable homes this one stands out! Massive family room with fireplace, new hardwoods, first floor office with cathedral ceilings and tons of natural light, electric dog fence, 2 car garage, deck…the list goes on to include a master bedroom with private bath and walk in closet.
Stop in the open this Sunday at 2pm and see what 2900+ sq feet can get you! At $144 a square foot to purchase – it’s a steal in this neighborhood!
Sunday, 2/12
2pm to 3:3opm
179 Rocky Road
Northbridge (Whitinsville), MA 01588
Short Sale Update in Central Mass
February 6, 2012
Amy Mullen and Pam Crawford give a little update on the Short Sale process in Worcester County…
Many short sales behind them they have recently closed several more the end of 2011 and January 2012. The most noted change in the process is that the process is still long, and bank seem to be countering buyers more. However the homes are still closing for significantly less than market value. It’s a good way for a buyer to get a good price on a home and allows the seller to have a dignified solution to their issue. A short sale allows the seller to have more control over when they leave the property and a much better effect on their credit and income in the long run.
All in all – despite the recent challenges in short sales in Worcester County it’s a very viable solution for both sides of the transaction.
For more information: dontforeclosenow.com
The top five discussions from the State of the Union to the Housing Market
January 29, 2012
The State of the Union address and the upcoming Florida GOP primary are bringing new and much-needed attention to housing issues. Here are the top five articles on the housing crisis and how the politicians are looking at it.
President Barack Obama’s proposal for enhanced refinancing efforts sparked a new dialogue among members of Congress and the media after the State of the Union Tuesday. Issues like the size of down payments, principal write downs, and how to take advantage of low interest rates are suddenly gaining traction among lawmakers. Even the GOP candidates for president are having to face the housing crisis as they campaign in Florida, a state hard hit by foreclosures.
Associated Press: After Obama Speech, Three Arguments for Housing
President Barack Obama said in his State of the Union speech that he wanted to help struggling home owners refinance their mortgages. The Republicans who want his job say the government should get out of the way of the housing market. But some experts advocate something much bolder to provide relief to the 11 million home owners in the United States who owe more on their mortgages than their houses are worth.
MSNBC Bottom Line: Home Buying Could Soon Beat Renting
Falling home prices have sent many would-be buyers to the sidelines. If all goes well, record low interest rates and rising rents may soon prompt some of them to take a second look at buying.
New York Times (Bucks): Big Down Payments Could Bar Creditworthy Borrowers From Market, Study Finds
Requiring a minimum down payment of 20%, or even 10%, on home loans would push many creditworthy borrowers into higher-cost loans or out of the mortgage market entirely, a new study says.
HouseLogic: Finally Some Talk on Home Ownership; Will Action Follow?
It was nice to finally hear a politician talking about solving our housing market woes — the bull’s-eye in terms of economic recovery. Aiming to strike a populist chord with voters, President Barack Obama asked Congress Tuesday night during the State of the Union to pass a mass refinancing effort that would help home owners take advantage of today’s lower mortgage rates.
USA Today: Florida Primary Turns Spotlight on Housing Bust’s Fallout
As the GOP presidential contest heads to Florida, the Jan. 31 primary looms as the first in the nation where declarations by Romney and former senator Rick Santorum that housing should be allowed to bottom out will be judged by voters in markets where the housing bust has been concentrated.
What do you think?
New listing in Northbridge! Perfect cul-de-sac setting with one year home warranty – NOT A SHORT SALE!
January 25, 2012
That’s right! Not a short sale so don’t be fooled by lower priced homes in the area – this one is well maintained with a new back deck, new hardwoods, granite top breakfast nook and comes with a one year home warranty. Located at 275 Rumonoski Drive which is known for having people DRIVE into the neighborhood to take their jogs or a walk. So peaceful!
All appliances included – huge basement that is begging to be finished – huge back yard with new fencing.
New listing in North Oxford – bring this newer colonial to the next level and realize value!
January 24, 2012
I am super excited about this new listing in North Oxford. Sitting on top of a hill, it has a sense of privacy but is very convenient to 20, 56, 12, 290 and 90. With the 4+ acres that backs up to conversation land – you wouldn’t know you were that close to the highways.
Solid construction with 2×6, Advantechsub flooring, full insulation – there wasn’t anything spared. Almost finished with hardwoods, granite, recessed lighting, french doors and surround sound wiring. You will not find particle board, plastic or laminate in this house! Just a few finishing touches and this house is DONE!
The whole family gets involved! Sneak peek video for a new listing in Holden!
January 16, 2012
This is the living room and kitchen of 67 Laurel Lane in Holden which is coming on the market this week! This 3 bedroom, 1 bath ranch offers so much with hardwood floors, large windows, wood burning or electric fireplace and fenced in yard with a view of the woods.
The basement is dry and has a finished family room and plenty of space for a workshop. Great neighborhood and priced right!
For more information or schedule a showing of the whole house (not just the kitchen and the living room):
Amy Mullen, Realtor CPA CDPE MBA
RE/MAX Professional Associates
508-784-0504
amymullen@remax.net
http://www.amymullenrealestate.com
1565 Main St Holden Open House for today…RESCHEDULED
January 12, 2012
I hope everyone is warm and safe today! We have rescheduled the open house that we had planned for today at 1565 Main Street in Holden to Wednesday, January 18th at 5pm.
1565 Main Street is brand new from the studs forward and is a masterpiece of luxury, upgrades and flexbility. This multi-level contemporary offers a first floor master, in-law suite and the possibility of commercial zoning.
We are open this Sunday, January 15th 1:30 to 3pm and also open Wednesday January 18th 5pm to 6:30pm with special guest Dan Woznicki from Wells Fargo. Dan will be available to discuss upgrade opportunities and financing options with Wells Fargo.
Don’t miss out on this house! Check out the pictures or watch the video here: http://www.youtube.com/watch?v=QCfm2H4V2cw
Real Estate and *stuff * 