Hope Real Estate Group, Inc



Posted by Hope Real Estate Group, Inc on 5/27/2020


195-199 Thompson Road, Webster, MA 01570

Commercial

$600,000
Price

1
Buildings
Commercial
Type of Comm.
130,934.00
Lot Size
3 ACRE COMMERCIAL SITE ~~ APPROX. 550 FT ROAD FRONTAGE ON STATE HIGHWAY RTE 193 A/K/A THOMPSON ROAD ~~ STATEGICALLY NESTLED BETWEEN TWO (2) I-395 (NORTH & SOUTH) ON-RAMPS & TWO (2) I-395 (NORTH & SOUTH) OFF-RAMPS ~ ~ PROPERTY DIRECTLY ABUTS I-395 ~ ~ 48'X80' CONCRETE BLOCK BUILDING, 7,680 SF TOTAL (3,840 SF MAIN / 3,840 SF LOWER LEVEL) ~ ~ POURED CONCRETE FOUNDATION & FLOOR ~~ FULL LOWER LEVEL USE AND ACCESS THRU DRIVE IN GARAGE DOOR ~~ GENERAL BUSINESS ZONED (GB-5) ~~ MUNICIPAL WATER, SEWER AND NATURAL GAS (NATIONAL GRID) ~~ HIGH TRAFFIC ~~ HIGH EXPOSURE ~~ LOCATED RIGHT AT THE TRAFFIC LIGHT INTERSECTION OF RT 193 AND I-395 OFF RAMP ~~ BUILDING FRONT HAS 5 LARGE GLASS WINDOWS, DOUBLE GLASS DOOR AND TWO (2) HIGH DRIVE IN GARAGE DOORS ~~ TWO (2) FINISHED OFFICES & BATHROOM IN THE INTERIOR ~~ MANY POSSIBLE USES ~~ WAS RECENTLY A PLUMBING SUPPLY ~~ NEW BOAT SALES, REPAIR & STORAGE IN ITS PAST ~~ WHAT DO YOU HAVE PLANNED??!!
Open House
No scheduled Open Houses






Tags: Webster   Real Estate   01570   Commercial  
Categories: New Homes  


Posted by Hope Real Estate Group, Inc on 5/27/2020

Photo by Alexander Mils from Pexels

If your wealth is tied up in your home, how can you free up some cash? A reverse mortgage is available to homeowners with mostly or fully paid-off mortgages. The monthly payments, which come from the lender to you, are not counted as taxable income. But there are mortgage taxes, and interest rates on reverse mortgages are somewhat higher than the current rate for a normal mortgage.

The FHA's Ever-Popular Reverse Mortgage Offering

Are you 62+? Consider the home equity conversion mortgage, available through the FHA. An approved counselor will lay out the process and point you to a qualifying lender. 

Then, here's what you should expect:

  • There are initial and annual fees, as well as recording fees.
  • Expect credit checks.
  • And yes, you do need an appraisal, inspection and a title search. 
  • In contrast to the usual custom with a regular mortgage, as the AARP points out, you'll probably have to pay the home insurance and local property taxes yourself.

The more you borrow, and the longer the term of your loan, the heftier cumulative interest charges you'll pay.

The Other Ways to Get to Your Home Equity 

Of course, you might sell and downsize. Not ready for that move? Think about...

Cash-Out Refinancing

If your credit score is 640 or above and you have a mortgage, consider cash-out refinancing with the FHA. This replaces your present mortgage with a larger one. The larger loan pays off your mortgage, replaces it and gives you the extra funds in a lump sum. You can be younger than 62. 

The Private Reverse Mortgage

Put up your home as collateral and enter a loan agreement with a close friend or relative. It's not altogether "private" — private reverse mortgages have a standard interest rate, governed by the IRS — but the rate is lower than a bank's.  

The HELOC 

A home equity line of credit (HELOC) empowers you to tap into your home equity. It's something like a credit card: there's a set credit limit. You only need to pay interest on what you withdraw. Note that HELOCs do not come with fixed interest rates.   

The Home Equity Loan

An alternative to the reverse mortgage that can work when you need cash upfront is the home equity loan. You'll pay interest on the lump-sum amount.

Best of Luck (and Patience)!

If there's one thing you must have before applying for a reverse mortgage, it's patience. A reverse mortgage, like a conventional mortgage, involves a full approval process, including those pesky calls and queries about proof of your capacity to repay the loan.

But the result can make it all worthwhile. 





Posted by Hope Real Estate Group, Inc on 5/26/2020

This Land in Dudley, MA recently sold for $60,000. This style home was sold by - Hope Real Estate Group, Inc.


0 Marshall Terrace, Dudley, MA 01571

Land

$70,000
Price
$60,000
Sale Price

0.28
Acres
Residential
Land Type
Nice Level land in an established neighborhood. Potential to construct a 2 family or a single family. 110 +/- road frontage. Over 12,000 Sq. Ft. of land area. Access to Town water & sewer. City gas in the street. No wetland issues, completely dry! Zoned RES. Excellent piece for developing!






Tags: Dudley   Real Estate   Land   01571  
Categories: Sold Homes  


Posted by Hope Real Estate Group, Inc on 5/20/2020

Photo by Zbysiu Rodak on Unsplash

Antiques can bring a unique feel and vibe to almost any decor. But what happens when your antique piece doesn't exactly work in the room it was designed for? If that is the case, it may be time to upcycle it for use in a different room. Below you will find out how to turn your one-of-a-kind antique dresser into a unique vanity for your bathroom. Please note, if at any time you feel this project is a little more than DIY, contact a professional to help you through it.

1. Purchase the Sink

You will need to find a sink that can fit within the measurements of the top of your dresser. When measuring, always be sure to measure the actual with of the base of the cabinet or dresser, not the overhang. The sink will be deep enough to pass this point, and most overhangs will be at least an inch or more.

2. Trace & Cut the Sink Hole

After removing the top drawer from the dresser, trace the template that came with the sink onto the top of the dresser with a permanent marker to give you a guide for cutting. Next, use a jigsaw to follow the lines, and cut the piece of wood. Once done, check to make sure that your sink fits, and remove more if needed to accommodate.

3. Finish the Dresser

Once you know that the sink fits, remove it, and sand down the cut area until it is smooth. Then, finish the dresser using your favorite stain or paint. After the paint or stain has dried, add a protective clear coat as this area will be affected by water. 

4. Affix the Sink to the Dresser

After your dresser is completely dry, you will need to apply some clear caulking around the rim. Then place the sink on top and press down firmly. You should not need to add any caulking after placing, but make sure you can see the seal all around it. 

5. Cut the Back to Accommodate Plumbing & Connect Your Pipes

Determine where the plumbing pipes will need to be attached to the dresser, and cut a hole to allow them to pass through. Next, connect all of your plumbing, making sure to use plumbers tape when connecting to reduce the risk of leaks. 

6. Secure the Dresser to the Wall

You will want to make sure that your new vanity is tightly affixed to the wall by more than just the plumbing. Once flush against the wall, secure the dresser to the wall-in studs.

By following the few simple tips above, you can convert your favorite antique dresser or cabinet into a fully functional vanity. This can make a great option for those looking for more vanity drawers or storage in their bathroom. 




Categories: Uncategorized  


Posted by Hope Real Estate Group, Inc on 5/19/2020


28 Black Point Rd, Webster, MA 01570

Single-Family

$652,000
Price

11
Rooms
3
Beds
2
Baths
2019 CUSTOM BUILT WEBSTER LAKE WATERFRONT CONTEMPORARY CAPE! Enjoy stunning lake views across an expansive yard w/approximately 100' of Webster Lake Waterfront & Your Own 28' Private Boat Dock. Sunrise (East) & Sunset (West) Exposures! Offers 2,600+- SF, 11 Rooms, 3 Bedrooms, Loft, & 2 Full Baths, Oversized 2-3 Car Garage & Fenced Dog Yard! Open Floor Plan, Cathedral Ceilings, Stone-faced Fireplace, Upscale Gourmet Kitchen w/Huge Island, Sunny Breakfast Nook w/Built Ins, Stairway To Spacious Loft, Formal Dining, Office, Laundry Room, Mudroom from Garage w/Coat Closet, 2 ~ 1st Floor BRs & Full Bath. 2nd Floor Features a Very Private Master BR Suite w/Private Bath w/Walk-in Tile Shower & Walk-in Closet! *PLUS * A CAVERNOUS 1,500 SF+ LOWER LEVEL OF POTENTIAL FINISHED LIVING AREA ~ for FUTURE INLAW or GUEST QUARTERS ~ FULL INTERIOR ACCESS & SEPARATE PRIVATE ENTRANCE, rough plumbed for a Bath & 3rd zone available for Heat & AC! Large .29 Acre Level Corner Lot. SEE ONLINE VIDEO TOUR!
Open House
Sunday
May 24 at 11:00 AM to 2:00 PM
In-Person Open House Guidelines>>> All attendees (in small specific groups of 4 or less) will be required to wait outside the house 6' apart from other groups. Each small group will be allowed access to interior of home in 15 min. increments. All attendants must wear masks, hand sanitizer will be available. No paper handouts, hosting agent will take your contact info at the door. Note: Private In-Person Showings are preferred & recommended, pls call to make a private appt at your convenienc
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Location: 28 Black Point Rd, Webster, MA 01570    Get Directions

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