Thursday, April 18, 2013

Widow? Widower?

Widows especially have to be aware of the problems of dropping out of the real estate market.  The first thought  is to sell the house,  chase away the memories and rent an apartment!  Wrong!  Here is the why!

Widows often face problems getting financed, especially if they stop working, the same is true of females who divorce.  You need to stay tethered to a house and a mortgage, while you are working and have credit and an income.  Remember this , it is the most important information you can get...

An apartment is going to cost you high rent in the Framingham area, especially if you want the comfort you are used to...but with an apartment you lose the credibility of being able to make mortgage payments.  So
this is what I want you to think about.....

Get out the pencil and paper....

How much can you realize in the sale of your present home?
What is the pay off figure for your mortgage in 6 months, in 12 months
Where would you like to live if you can find a home you like?
Is the location as important as the house that will satisfy your needs?

Townhouses often satisfy the needs of afforability, heavy maintenance work is usually by the association, and many associations provide help for inside maintenance and replacement by referred contractors.  

Holden....minutes to Rt 495, country yet close to everything...$319,990
Right now if you are  55  or over...or someone in your household is 55 or over, you can get a great buy on a big townhouse with first floor living..  We have one end unit newly refurbished ready for move in now! $319,990...    2 car garage , double living room, dining room , fireplace, much more, walk to town and park.

Hopkinton...$300.000's 
New , near town, Rt 135, Rt 495, back roads to Rt 9, Framingham, Northboro, State Park...wait til you see these new townhomes!  New buildings starting all the time and reservation deposits are possible til your house is sold.

Ashland  $300.000's
This popular area, historically named, Village of America, has appropriately named streets and Associations, located near the ancient  Indian Village that supported a thriving population on the shore of the river and the lakes that abound in the area.  The Framingham area is rich in the history of colonists that escaped the witch hunt in Salem  and gave opportunity to those settlers that wanted large tracts of land to farm, granted to them by the King of England.  Each day as I enjoy the beauty of our New England heritage, I think of what struggles the previous people went through to give us this beautiful land to share, in the lovely towns where we provide new homes.  Snuggled in the low hills around the river and reservoir the townhomes here provide easy access to our Rt 9 Metroplex, transportation on our Rt 495, Rt 9 and Mass Pike.  You can walk to the T from this location, it is an easy trip to Boston, the airport and more...  We are taking reservation deposits on buildings that are not started yet, so if you have a home to sell you can reserve a location and style, while you try to sell your home...

Fafard Real Estate, providing new homes and beautiful places to live  in the area, for near to 50 years.  Give us a chance to provide you with a great choice of future homes...508-881-6662