Medford, MA Homes for Sale – Deb on the Web » Real Estate

2 Bedroom Condo Near Malden T

DebOnTheWeb — Tue, 27 Jul 2010 13:39:52 +0000

2 Level 2 Bedroom 1.5 Bath Condo Near Malden T
$239,900
Floor plans & full info at www.21Adams.com.

Malden T living at this beautiful 2 level condo! Main living level has open floor plan & Juliet balcony to bring in the sun. Start your day with coffee at the breakfast bar. Spacious MBR with 2 closets & private balcony for relaxing. Gleaming hardwood floors on main level, stairs & 2nd floor hallway.New Berber carpeting in bedrooms. Freshly painted, central air, economical gas heat and cooking too. Stackable washer/dryer and additional storage. 2 covered parking spaces. 1/2 mile to Malden Center T. WalkScore of 74

Wide Angle Lens = Better Photos

DebOnTheWeb — Wed, 21 Jul 2010 20:09:29 +0000

Have you ever looked at houses for sale online? Some agents do a lovely job of photographing a house while others look like they took the photos using their cell phone without even getting out of their car (I wish I was joking but I’ve actually seen that). Buyers have made it clear – they want to see lots of photos of your house before they decide that it’s worth their time to come take a look in person.

I’ve added a new wide angle lens to my camera set up and I’m very pleased with the results. As usual, I spent a lot of time researching my decision and choose a Raynox lens because of their low distortion rates.

Look at how much more of the room you can see. Now instead of just shooting the seller’s furniture, I can show off so much more of the house itself!

Updated 1890′s Worker’s Cottage Near Tufts

DebOnTheWeb — Thu, 15 Jul 2010 22:19:22 +0000

31 Clayton Ave. Medford MA 02155
7 Rooms 3 Bedrooms 1 Bath $355,000
www.31Clayton.com

Oversized 1890s Worker’s Cottage updated for today’s living retains original character. Details include: wrap around porch, carving on staircase banister & refinished hard pine floors. Updated eat in kitchen. New white oak floors in some rooms. 3rd floor recently gutted & redone. New dormer lets sun into this inviting space. Relax on back deck overlooking yard & garden with Keiffer pear tree, raspberries & flowering cherry tree. Side street location close to Ball Square, Tufts, bike path and 1 mile to Davis Sq.

Fannie Mae Cracking Down on Strategic Defaults

DebOnTheWeb — Thu, 24 Jun 2010 20:01:23 +0000

There’s been a lot of talk about strategic mortgage defaults. Here’s the scenario: Bob Buyer purchases a home. After a few years the real estate market has a “correction” and the house is no longer worth what Bob paid for it. Even though he can still afford the payments, Bob decides it makes better economic sense to walk away from the house and let the bank foreclose.

Here’s a 60 Minutes segment on Strategic Defaults:

Fannie Mae has decided to take a strong position with borrowers who can pay their mortgage but choose not to. It will now take 7 years before Fannie Mae will guarantee a mortgage for a borrower who did a strategic default. Not only that, they will try to get deficiency judgements against these borrowers to attempt to recoup the money that was not paid back. Some states are non-recourse states which means that the bank can’t go after the borrower for the unpaid money, but Massachusetts isn’t on the list.

People who have fallen on rough times won’t face these same issues. Borrowers who lose a house due to a financial hardship will find a much friendlier Fannie Mae willing to back a loan for them in only 2-3 years.

So if you can afford to continue paying your mortgage but have been considering just walking away, think carefully. You still might end up owing the money but you’ll no longer have the house.

Cul De Sac Living in Forestdale

DebOnTheWeb — Fri, 18 Jun 2010 17:38:30 +0000

Young 3 Bedroom 1.5 Bath Colonial For Sale in Malden
37 Forest Court, Malden, MA 02148
$330,000

Full info at www.37ForestCourt.com. Cul de sac living in young home on Melrose line! Stately entry foyer. Double windows in large the living room bring in the sun & gleam off the beautiful oak floors. There’s a breakfast bar in kitchen for enjoying your morning coffee. Sliding doors from the dining room takes you out to the deck. Lovely wide staircase leads you up to the bedrooms. Smart designing gives you a door into the bath from the master bedroom and the hall. Plentiful closets. Built in 1997 so there’s no lead paint. Economical gas heat. Low maintenance, high privacy yard. Garage. Located just over a mile from the Oak
Grove T.

Put Your Credit Card Away When Buying A Home!

DebOnTheWeb — Sat, 12 Jun 2010 14:58:43 +0000

It’s no secret that banks are much stricter when qualifying you for a loan to buy a new house. In the past, it was very typical for buyers to spend the intervening weeks before their closing shopping for furniture and appliances. This way they could close on the new property and have their new living room set and washer and dryer delivered the next day.

On June 1st, Fannie Mae started a new rule called Loan Quality Initiative. One of the requirements of these rules is for your bank to pull a last minute credit report. They’re looking to see if you’ve incurred any new debt since your mortgage application. Wait until after the closing to purchase your new bedroom set or the widescreen TV you’ve always wanted. Don’t apply for a new credit card or even a store charge card either.

Don’t derail your closing – put your credit card away until after you are the owner of your new house.

Cambridge 2 Br Loft Condo

DebOnTheWeb — Sun, 06 Jun 2010 12:48:02 +0000

2 Bedroom Loft Condo in Fresh Pond
Reservoir Lofts Condo For Sale
29 Wheeler St., #305, Cambridge, MA 02138

Stunning 2 level penthouse loft condo in Fresh Pond feels like you’re living in a tree house. Dramatic wall of windows. Unique library ledge. Granite breakfast bar and stainless steel appliances gleam off Brazilian cherry floors. Loft bedroom overlooks living room below. 2 balconies expand your living space in the warm weather. South facing = low heating costs. Deeded parking in heated garage. Pet friendly. Near Alewife T Station, Whole Foods, Danehy Park, Fresh Pond Golf Course and many restaurants and shops. Listed by DebOnTheWeb.

Floor plans & full info on this 2 bedroom Cambridge loft condo at www.ReservoirLoftsCondo.com

3 Ways Not To Sell Your House

DebOnTheWeb — Thu, 27 May 2010 12:55:26 +0000

wallflower
Originally uploaded by bunky’s pickle

Selling your house can be stressful, but there’s nothing worse than getting your house ready for sale and then having no one show up. It’s like being the wallflower at the school dance, watching as everyone else gets asked to dance while you try to look uninterested.

In today’s fast paced world, potential buyers will quickly decide whether or not to look at your house based on what they see online. Here are the 3 top ways to discourage a buyer from looking at your house for sale:

Poor Photos
It’s sad to say that there are many great examples of horrible photos. There’s even a Facebook Group Really Bad MLS Photos with over 1,700 members!

When you’re interviewing agents, check out their website and look at the quality of their photos. Do they show off the house well? Are the photos blurry, overexposed, too dark? It takes a long time to photograph a house well. Make sure the agent you choose doesn’t skimp on this very important step. You want lots of high quality photos to entice people to come look at your house in person.
Unenthusiastic Description
If a buyer likes the photos of your house enough to look more, the next thing they will do is read the description. You’ll want the description to paint a picture to help the buyer envision themselves living in the home. It should be more than just a list of the features of your home, after all, most sites will already list the number of bedrooms and baths.

It’s not uncommon to see a house where the description says “Won’t Last” but the house has been on the market for over 3 months. When you are interviewing agents to list your home, read what they’ve written about their current listings to get a good idea of how they will describe your home.

Limited information online
If buyers can’t find your house for sale online, you won’t even get a chance to get up to bat. If they can find your house but there’s only a few exterior photos, buyers will assume there’s something wrong with the interior. Buyers want as much information as possible before they’ll schedule a showing to see your house in person. You not only want an agent who will use an abundance of quality photos to market your house, but in today’s YouTube world, a video of your house lets buyers see how the rooms relate to each other.

You’ve spent time, energy and money getting your house ready for sale. Make sure you choose an agent who will help you entice buyers to see your home, not have your house sit on the market with no one asking it to dance.

2 BR Medford Home For Sale – New Kitchen

DebOnTheWeb — Wed, 19 May 2010 12:38:11 +0000

6 Rooms 2 Bedrooms 2 Full Baths $320,000

Cleverly designed new kitchen where stainless steel appliances gleam off refinished hardwood floors. New full bath & laundry on 1st floor. Sliding glass doors to landscaped yard with fruit trees & flowers. Remote controlled awning over composite deck. French doors to small office. Upstairs you’ll be surprised at the large size of the bedrooms. Walk in closet in MBR & 2 closets in 2nd BR. Upstairs bath retains original charm with claw foot tub. 2 yr old roof. Bonus 2 room 8’ x 14’ cedar shed.

Full info on Medford home for sale at www.94Wason.com.

Penthouse 3 BR Medford Condo

DebOnTheWeb — Tue, 11 May 2010 13:28:58 +0000

Top Shape, Top Floor Corner 3 Bedroom Condo For Sale in Medford, MA
6 rooms, 3 bedroom 2 baths
$309,900

Visit www.500Salem.com. Top floor corner 3 bedroom condo feels like you’re living in a tree house. You’ll enjoy the split floor plan with the master bedroom (with private bath) separated from the other bedrooms. Sunny kitchen window. Updated with stainless steel appliances, quality carpeting and new heat pump in 2008. You can see some of Boston from the balcony & even the 4th of July fireworks. 2 parking spaces (1 in garage). In unit laundry. Lots of closets (2 are walk-in), Near supermarket, drug store, gym, Route 93, many buses including the express bus to Boston and 1 mile from the Malden Center T stop. Listed by www.DebOnTheWeb.com.