Mary Foley Real Estate Inc.
Mary Foley Real Estate Inc.


Posted by Mary Foley Real Estate Inc. on 9/19/2017

Every day, people miss the opportunity to secure a mortgage on the house that they really want.Cold feet is what holds some people back, prodding them to put off submitting a bid on a house that they've settled on. If too bad a case of cold feet strikes, people could lose the chance to not only buy a great house but the right house for years.

Too much patience could hint at unfortunate reluctance

If you're getting cold feet and starting to talk yourself out of bidding on a house that you just know is right for you, your reluctance might be due to:

  • Reluctance to enter the realm of change - Moving to a new house does more than change your immediate environment. Moving into anew house introduces you to different people which can, in turn, set off more change.
  • Fear that you won't be able to make the mortgage payments for 10 or more years, especially if you change jobs.
  • Feeling like buying a house means that you'll have to own the house for many years.
  • Concern that the house will need repairs that you don't know how to make.

Second thoughts about buying a house make perfect sense. It's smart to face each concern, as they could reveal areas of your finances and social life that you need to address. Just take action soon. It can improve your finances, a step forward that has a positive impact on your investments, retirement and travel opportunities.

Waiting too long could backfire

The sooner you take action, the sooner you could lower your reluctance to buy the right house at the right price. Let the reluctance remain and you could:

  • Have no choice but to buy a less valued house at a higher price
  • Miss out on the chance to buy a well built house at a time when you could see the house's value increase by more than $25,000 within five years
  • Lose the chance to buy a house and have the seller pick up the entire closing costs
  • Be forced to pay higher mortgage interest rates
  • Experience a lifestyle change that presses you to buy a house quickly, costing you the chance to save money or live in a neighborhood you love

The right house at the right price is a rare find

Rows of houses go on for blocks in major cities. House assortments are also plenty,ranging from one story, multi-level, brick, stone, townhouse and row house styles. All of these houses gives the impression that you can always find the right house at the right price.

Yet, that isn't the case. Getting a great deal on the right house isn't like buying your favorite pair of shoes. Even in great economies, it can be hard to find a house that's located close to work, large enough to accommodate your entire family and in good, working condition. Let this chance go by and you might have to wait years before the opportunity crosses your path again.




Categories: Uncategorized  


Posted by Mary Foley Real Estate Inc. on 9/15/2017

This Multi-Family in Leominster, MA recently sold for $262,000. This style home was sold by - Mary Foley Real Estate Inc..


26 Orchard St, Leominster, MA 01453

Multi-Family

$280,000
Price
$262,000
Sale Price

5
Units
3,852
Approx. GLA
LUCRATIVE OPPORTUNITY TO OWN THIS FIVE FAMILY ON LEOMINSTER'S WEST SIDE. Each unit is equipped with one bedroom, full bath, kitchen with stove and refrigerator and a spacious living room. Front door with secured entry and individual locked mailboxes. Off street parking for five vehicles.

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Categories: Sold Homes  


Posted by Mary Foley Real Estate Inc. on 9/12/2017

Homeowners put a lot of time, money, and effort into maintaining, updating, and decorating their homes. So, when itís time to sell it can be frustrating to receive a lowball offer on your home.

Many sellers arenít sure how to react to a low offer. However, with so much at stake itís important to go into selling your home with a plan.

In this article, weíre going to talk about how to handle a low offer on your home so that you can capitalize on even the less-than-ideal prospects when selling your house.

Every offer deserves a polite response

So, youíve gotten an offer on your home that you consider to be way too low. The first thing you need to do is to detach your emotions from the situation so that you can formulate a polite, but appropriate response.

It is the custom of many people around the world to negotiate. And one common practice in negotiation is to start with a low offer. Therefore, donít be offended if you receive an offer that is low as it likely isnít meant as an insult to you or your home.

We understand that selling can be frustrating, so if you need to vent, talk it over with your family or agent. Together youíll be able to get past the initial frustration and come up with a quick, practical response to the offer.

Counter the offer anyway

Even if you think thereís a small chance that the prospective buyer will raise their offer to fit your requirements, itís still worth providing a counter offer. This will make it clear to the buyer that you have received their offer and considered it.

Failing to provide a counter offer could mean you miss out on a serious offer in some cases, so itís worth the small amount of time it takes to provide.

Donít waste too much time negotiating

So, youíve sent a counter offer and have received a response that still isnít getting anywhere close to what youíre looking for. Now what?

In this situation, itís best to send a concise and cordial message to the buyer that you wonít be able to adjust your offering price any further and then thank them for their time. After this point, it likely isnít worth your time to continue negotiating.

Low offers can be helpful

If youíre getting a lot of low offers and none in the range you hope for, it could be time to reconsider a few things. You might want to try a new approach, such as staging the home or highlighting certain details that you may have missed. If your listing photos arenít up to par you can upload new ones that are higher quality with better lighting.

Next, see if the comparable listings in your area have gone down in price. A substantial change in the local market since the time you listed your property is, in some cases, enough to influence the offers you receive.




Categories: Uncategorized  


Posted by Mary Foley Real Estate Inc. on 9/8/2017

This Single-Family in Fitchburg, MA recently sold for $160,000. This Colonial style home was sold by - Mary Foley Real Estate Inc..


86 Intervale Road, Fitchburg, MA 01420

Single-Family

$150,000
Price
$160,000
Sale Price

9
Rooms
5
Beds
2
Baths
Welcome home to this beautiful five bed, two bath colonial situated on a side street. The seller recently purchased as a foreclosure and has refurbished this home from top of bottom! The first floor offers a large kitchen, dining room, living room, laundry room and plenty of closet space. The MASSIVE second floor offers five bedrooms, one full bathroom and all the closet space you could ever need! Just a four minute drive to the train station or 20 minute walk! This one is truly a gem, and won't last long!

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Categories: Sold Homes  


Posted by Mary Foley Real Estate Inc. on 9/6/2017


5 Forsythia Rd, Leominster, MA 01453

Single-Family

$319,900
Price

8
Rooms
3
Beds
1/1
Full/Half Baths
REMODELED CAPE STYLE HOME OFFERING THREE BEDROOMS!! Freshly painted inside and out, with remodeled kitchen, new flooring, new boiler, water heater and more. Large eat-in kitchen, family room with wood stove, separate dining room and living room that leads out to the sunroom.The back yard is fenced in with a patio on the side of the home with lawn irrigation. Partially finished basement could be used as an office, bedroom, or rec room. Home is located on a corner lot with .29 acres of land and large fenced in yard. Convenient location, minutes to schools, T station, highway, shopping and more.
Open House
Sunday
September 10 at 11:00 AM to 1:00 PM
Cannot make the Open Houses?
Location: 5 Forsythia Rd, Leominster, MA 01453    Get Directions

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Categories: Open House  




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