Cindy Gleichauf - RE/MAX Real Estate Center



Posted by Cindy Gleichauf on 8/3/2018


105 Central St, Foxboro, MA 02035

Multi-Family

$529,900
Price

3
Units
2,616
Approx. GLA
3-family colonial on gorgeous level lot w/2 car garage walking distance to Foxboro town common! Perfect for owner occupiers and investors alike. .Bright, airy 3-BR unit on 2nd flr w/gorgeous updated kitchen, loads of closet space and walk-up attic for storage. 1 BR 1st floor unit has brand new carpeted bedroom, 2 BR unit has architectural interest w/walk-out bay window. Gleaming hardwood floors, updated electric, gas heating, town water & sewer. Each unit has its own washer/dryer hook-ups in basement. Ample parking on level paved drive. Lovely private back yard. Garage boasts tons of storage on 2 stories. Hurry this one won't last!
Open House
Monday
August 06 at 5:30 PM to 7:30 PM
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Location: 105 Central St, Foxboro, MA 02035    Get Directions






Categories: Open House  


Posted by Cindy Gleichauf on 7/29/2018

While buying a home is a huge decision that should entail a lot of planning and preparation, applying for a mortgage can be surprisingly easy. Just like with other lenders and creditors, a mortgage lender will want to know that letting you borrow money will be a safe investment. Applying for a mortgage is all about ensuring just that.

In today’s post, we’re going to breakdown the home loan application process to help you have the best chances at a smooth and successful mortgage approval. We’ll also define some of the common terms used in mortgages that might leave you scratching your head so you have a better idea of what your options are.

Prequalification and Preapproval

Getting prequalified and preapproved for a mortgaged can both be helpful steps toward securing your home loan. The two terms mean two entirely different things, however.

In order to be prequalified for a mortgage, you typically need to only fill out a simple form (sometimes directly through a lender’s website). On this form, you won’t need to provide specifics or official documents.

Why is this process so simple? Well, that’s because getting prequalified for a loan doesn’t ensure that you’ll actually receive one. Rather, it is simply the first step toward finding out what type of mortgage and interest rates you could receive.

The next step after prequalification is preapproval. To get preapproved, you’ll have to fill out an official mortgage application. Your lender of choice will request a few pieces of information from you, including tax returns, proof of employment for the last two years, and a list of your debts. The lender will also perform a credit check to determine your loan eligibility.

Credit report

At this phase, lenders will also run your credit report. This is a type of “hard credit inquiry” that details your payment history, the number of accounts you have open, and other factors that help make up your credit score.

To secure the lowest interest rate possible, it helps to have a high credit score. So, in the years and months leading up to your mortgage application, focusing on building credit will pay off.

To increase your credit score, you’ll need to focus on paying your bills on time each month. You should also avoid opening new accounts within a few months of applying for a mortgage because this will count as a new credit inquiry. New credit inquiries--including applying for a mortgage--lower your score temporarily, so it’s best to avoid them when possible.

Additional paperwork required for mortgage applications

Not every mortgage application will be the same. Depending on the type of income you receive, you may need to provide different forms of income verification.

Each person will also have to claim different debts and assets. When buying a home with a spouse or partner, it’s important to consider your debts, assets, and credit scores to determine if it’s better to apply jointly or separately.





Posted by Cindy Gleichauf on 7/22/2018

If you are preparing to sell your house, you need to be honest with yourself and others. That way, you can increase the likelihood of a fast, profitable home selling experience.

Ultimately, it pays to be an honest home seller for a number of reasons, including:

1. You can establish a competitive price for your house.

It is important to understand that what your house is worth today is unlikely to match what you paid for it, regardless of when you bought your home. Fortunately, an honest home seller is realistic about his or her house's value and can plan accordingly.

Generally, an honest home seller will allocate the necessary time and resources to conduct a home appraisal. Because with an appraisal report in hand, this home seller can establish a competitive price for his or her house based on actionable data.

2. You can identify home problems before a buyer does.

If a home seller tries to hide home problems from a buyer, the consequences could be significant. In fact, a seller may put a potential home sale in jeopardy if he or she fails to be forthright and honest with buyers from the get-go.

For example, consider what might happen if a buyer submits an offer on a house and discovers myriad home problems during an inspection. In this scenario, a buyer may ask the seller to perform various home repairs or request a price reduction. Or, a buyer may choose to walk away from a home sale altogether.

As a home seller, it helps to take an honest approach to inform potential buyers about the condition of a house. If a residence requires assorted repairs, a seller may want to complete these repairs before listing his or her residence.

Comparatively, a seller can always include information about a home's condition in a house listing. If a seller does so, he or she can help buyers make an informed decision about a possible home purchase.

3. You can avoid rash decisions throughout the home selling journey.

An honest home seller usually is calm, cool and collected throughout the home selling journey. This seller understands the pros and cons of his or her house, and as such, can take an informed, logical approach to make the best-possible decisions.

Perhaps most important, an honest home seller is unafraid to receive negative feedback about his or her house. As a result, this seller may be better equipped than others to avoid rash decisions during the home selling journey.

There are many great reasons why a home seller should strive to be honest at each stage of the home selling cycle. Of course, if you need extra help as you sell your house, you may want to hire a real estate agent as well.

Typically, a real estate agent will provide honest, unbiased home selling recommendations and suggestions. He or she will even help you get your house ready for the real estate market. And with this housing market professional's support, a home seller can move closer to achieving his or her desired results.




Categories: Uncategorized  


Posted by Cindy Gleichauf on 7/15/2018

Home renovations are generally thought of as a good thing. You can update your home for your own comfort. New amenities will make your life easier. Your home can expand in size. Whatever you are planning to do in your home is bound to have a positive affect. One thing to be aware of when you’re gearing up for the process of any type of home renovation is that of your home insurance. You want to protect yourself and your home as your go through the stages of home renovations. Below, you’ll find some tips to help you complete renovations you desire in your home without having surprise insurance bills. 


Check That Your Contractor Has Insurance Coverage


Before you sign a contract with any contractor be sure that they have sufficient insurance coverage. In particular you want to be sure that they have workers‘ compensation coverage and liability insurance. Don’t be afraid to ask the contractor for the necessary certificates and confirmation of insurance coverage before you even sign the contract. It’s your right as a consumer to know that your contractor is covered properly.


Beware Of Subcontractors As Well


Just because your general contractor is covered doesn’t mean that all subcontractors that are hired have the correct insurance. Electricians, plumbers, and other specialty contractors will need their own insurance on the job. The same rules apply as when you’re hiring any other contractor. Check with the general contractor to understand if their policy will cover all workers that are hired, or if these individuals need to carry their own insurance policies. Check with your home insurance company to see what your home insurance does and doesn’t cover during a renovation period on your home. The more knowledge that you have going into the process, the better it is for you. 


For Your Homeowner’s Insurance Policy


Once the renovations are complete, you’ll need to reassess the policy coverage amounts that you have for your home insurance policy. The renovations that you have completed will undoubtedly increase the value of your home causing you to need to increase the replacement value of your home on your insurance policy. Don’t forget to include everything from new appliances to furniture that has been replaced in the renovation. This will help you to avoid any gaps in coverage. This way, you’ll know that your home will be fully covered. With the right insurance coverage you’ll know that your home is can be rebuilt to the same specifications in the event of a complete loss. You always want this peace of mind as a homeowner.      





Categories: Uncategorized  


Posted by Cindy Gleichauf on 7/13/2018

This Single-Family in Sturbridge, MA recently sold for $600,000. This Cape style home was sold by Cindy Gleichauf - RE/MAX Real Estate Center.


23 Valley Road, Sturbridge, MA 01566

Single-Family

$625,000
Price
$600,000
Sale Price

8
Rooms
2
Beds
2/1
Full/Half Baths
Welcome home to this stunning waterfront cape with views of Cedar Pond from every level! This young home has been tastefully updated and meticulously maintained. You will love the open floor plan on the first floor which includes a custom office/wet bar/laundry area off the beautiful kitchen with a dining area and a private deck, a full bath, one bedroom and a gorgeous sunroom! Some of the many special features include a high efficiency geothermal heating/ac system, central vac, a stone block driveway, crown moldings throughout most of the first floor, a recently renovated handicap accessible first floor full bathroom, a luxurious master bedroom with 2 large custom walk in closets, a jetted tub and separate shower, an irrigation system, a stone fire pit, an oversized 1 car garage, a large dock for your boating needs and so much more! The finished walk out lower level has a kitchenette area, a full bath and a potential 3rd bedroom. This home is truly one of kind!

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Categories: Sold Homes  




Cindy Gleichauf