buying a home: Do you have questions about today’s real estate market? - 05/15/12 11:27 PM
 
Questions like…
Do I need 20% down to avoid PMI? How long do I have to wait after a short sale or foreclosure? Do I need perfect credit? When does the market hit bottom? Where is the best place to buy? How much will I save? How much are closing costs and fees? What is the current rate? We have answers! Come to our FREE networking meeting about how to make the money you spend in rent WORK for you!  Find out more about     today’s real estate market, investment opportunities and the true cost of not  being a home … (0 comments)

buying a home: The Rehabbers’ Guide to 203(k) Loans - 03/06/12 08:48 PM
  Tight-fisted lenders have made home equity loans harder to come by. So what’s a fixer-upper to do? Meet the 203(k) loan.
Lenders’ weak stomach for extending credit doesn’t have to sour your upgrade dreams. The old but new again FHA 203(k) loan rolls remodeling and mortgage costs together, whether you’re buying or refinancing an existing home loan to pay for upgrades.
First, some 203(k) basics:
15- or 30-year term option ARM or fixed-rate option 3.5% down payment; other FHA loan qualifications apply Interest rate a tad higher than market Higher fees compared with equity or other FHA loans, for such … (6 comments)

buying a home: Why does home ownership matter to you, your wallet, your community and the economy? - 11/25/11 12:20 AM
Housing is a significant driver of the national economy— it accounts for more than 15% of the gross domestic product. In addition, six of the last eight recessions have ended as a result of robust housing markets; war spending ended the other two recessions.   Home ownership is strongly tied to jobs in this country. For every two homes sold, one job is created in this country. In addition, each home purchase generates as much as $60,000 in economic activity over time.
It Pays to Support Responsible Home Ownership Understand the role that home ownership plays in our economy and the programs … (1 comments)

buying a home: Price Drop!!! - 10/03/11 06:17 AM
Posted on October 3, 2011 by Amy Mullen RE/MAX Amazing short sale buying opportunity on the north side of Framingham with a $15k price drop today!
This is a great location with top shelf renovations *mostly* done.  Check out the pictures and the video and then let me know when you want to see it in person.
The hand tiled master bath is a great picture to look at…don’t pass by the inlay tile in the master bedroom either
http://325elmstreet.epropertysites.com/
Share this: Email Digg Print Facebook Reddit StumbleUpon Twitter Press This Like this: Like Be the first to like this … (1 comments)

buying a home: Granny Flat or In-Law Suite? Which is More Prudent? - 08/21/11 03:13 AM
If you need to house aging parents or adult children, or if your family is multi-generational, what’s better — an in-law suite or a little granny cottage in the back yard?
Our data says you’ll spend less remodeling the basement or adding an in-law suite to your attic. But a USA Today feature suggests you consider building a small house or cottage in the back yard.
For instance, the article notes that in Vancouver, detached cottages or “laneway houses” have become popular: “[Architect James Tuer] … designed several, including one that cost $200,000 and rents for about $1,600 monthly. He says … (3 comments)

buying a home: Acme Planimeter – measures map areas using Google maps - 08/17/11 12:33 AM
Okay this is really neat!  This website (http://acme.com/planimeter/) allows you to plot points on a map – using Google Maps – and it gives you area measurements back.  You can use it in “map” view so you can follow the streets, “satellite” so you can see the house you are looking at or “hybrid” and combine both.
Plot your points and the measurements appear underneath the map as you move the points.  Here is RE/MAX Professional Associates office in Spencer:

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buying a home: WOW! Just got an update from my most trusted mortgage broker - 08/10/11 05:33 AM
Yes it’s true…we have trusted partners in this industry that we can refer our clients to with confidence…one of them is Wes Oliver and his most recent status update is that due to some very recent changes he can do a 30 year fixed in the 3′s.
Interested?  Let me know and I will get you in touch with him!
 
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buying a home: BNI? It doesn’t involve bacon unless you are bringing it home - 08/04/11 02:32 PM
I am part of 7 Hills BNI – the largest global business networking organization in existence.  The purpose of the organization is to build relationships between professionals in order to pass business through referrals.  It’s a great concept, works very well and is fun!  This year to date, my chapter has passed $117,000 in business referrals and we’re still going!
It works because each profession is only allowed one person to represent it.  Currently we have several open spots in our Chapter for the following professions:
 
General contractor
 
Chiropractor
 
Massage Therapist
 
Payroll Company
 
Computer Repair
 
(2 comments)

buying a home: Questions of the week…Buyer’s Agent, Paint and Mittens - 11/03/10 11:02 PM
There is the idea that if one person asks a question...there are several others who have the same question but didn't ask.  I believe this is true.  Here are three questions that I have been asked in the past week...
1.  If I want to buy a house, do I have to call each different listing agent in order to see the houses? 
No, you do not.  You can work with one Realtor who becomes your Buyer's Agent who will represent you.  There are several advantages to this besides not having to make all those phone calls.  The very first being that … (2 comments)

 
Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT) (RE/MAX Professional Associates)

Mullen Real Estate Team

Broker, Realtor, CPA, MBA (MA & CT)

Worcester, MA

More about me…

RE/MAX Professional Associates

Address: Marlborough, MA, 01752

Office: (508) 784-0504

Mobile: (617) 899-2146



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