Cheryl Cahill's (cherylcahill) Blog

Real Estate Agent - Cross Real Estate
Sue's Cleaners-Mansfield, MA Opening up in Feb. 2010,  Sue's Cleaners stands out amongst dry cleaners in the Mansfield area.  Why? She has gone "Green".  Being in the dry cleaning business most of her life, Sue did not want to use the standard "perc" or petroleum (on the watch list for human carc...
I just received an email from our Sr. loan officer, Joan Duggan of First Home Mortgage stating that RURAL HOUSING has run out of money at the 2% funding fee.  Why you ask, well, this program has doubled in size since the stimulus program, but, it seems to be their own victim,  thanks to the gener...
    "Heron Crest" This exquisite "Hemingway" is a 2 Bedroom, 2 Full Bath home set in the tranquil setting of "Heron Crest" in Mansfield, MA, is  a relaxed style of living for the active adult over 55.  An Open Floor plan boasts Brazilian Cherry Hardwood flooring throughout, Stainless Steel Kitch...
   From the looks of things the government has decided not to extend the Home Buyer Tax Credit.   NAR , The National Association of Realtors, appears to have given up hope of getting it extended and posted this information on a website. "NAR has had extensive discussions with congressional allie...
  Please find the most recent Mansfield real estate stats. From the last quarter, there has been an increase of homes on the market, as well as an increase in the average price. Days on market has dropped and sellers are getting approximately 96% of their asking price. Things are starting to loo...
  What is PMI?    It is a financial instrument that can be  used by homebuyers, usually first time homebuyers, when they have a down payment that is less than 20% required by the lenders.  With this type of  insurance,  it enables a homebuyer to by a home with as  little as 3-5% down.  So,  basi...
  As we all know, Congress passed legislation extending the home credit until April 30,2010.  So, what does this mean to the first time home buyer and the repeat buyer. First time home buyer: First time home buyers purchasing homes between Nov.7,2009 and April 30,2010.  Does not need to close by...
  As of Feb.1,2010, FHA announced that there are and will be several  changes made to help ensure its financial stability. FHA will no longer allow spot condos.  What this means is that unless your condo is on the  HUD  list,  they may not  be able to approve the loan.  And, if your condo is on ...
    Properties for Sale                                                                                                        Homes on the market  46 Average list price  $422,665 Price range  $181,900-$1,199,000 Days on market  137 Pending Sales Currently under contract   8 Average list price cu...
  Agents, let all your buyers  know that Fannie Mae has a new incentive program available until the end of April 2010.   Under this new program, Fannie Mae is offering a 3.5% of the final sales price for closing costs, new Whirlpool appliances by Fannie Mae, and or a combination of the two.  The...

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