Marianne Belanger - RE/MAX Vision



14 Frederickson Avenue, Holden, MA 01522

Single-Family

$249,900
Price

5
Rooms
3
Beds
1
Baths
Holden-Worcester line! Close to highways & shopping! This adorable 3 bedroom raised-ranch offers hardwoods thru-out, a spacious living room with a fireplace & an eat-in kitchen that opens to a porch/mudroom with a side entry. The laundry is in the basement & there is plenty of additional storage, or if you need more space, it can be finished! (There is a wall mounted electric heater & also HWBB heat with shut-off zones.) The hot water tank is 3 years old, the oil tank was replaced recently in addition to the oil line. There are 100 amp circuit breakers & a ProTran generator panel - seller will include the generator! The exterior offers no maintenance vinyl siding, a stone wall in front & plenty of parking. The garage is oversized and offers more storage area if needed.
Open House
No scheduled Open Houses

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What should you expect after you make an offer on a residence? There are several steps that will take place between the time you submit an offer on a house to the date you finalize a purchase agreement, including:

1. Acceptance or Rejection of Your Initial Proposal

A home seller will have a short period of time to accept or reject your initial offer.

If a home seller accepts your proposal, you'll be able to move forward in the homebuying process. Conversely, if he or she rejects your offer, you may be forced to restart your home search.

On the other hand, a home seller may counter your offer as well. In this scenario, you likely will be given a set amount of time to accept or reject the counter-proposal. Or, you may be able to further negotiate with a home seller in the hopes of finding common ground.

The time between when you submit an offer on a home and receive a home seller's response to your proposal can be stressful. Fortunately, working with an experienced real estate agent ensures that you'll be able to stay up to date. This real estate professional will even help you put together a competitive offer on any home, ensuring that you can boost your chances of getting an instant "Yes" from a home seller.

2. Completion of a Home Inspection

Although a home seller has accepted your initial proposal, you'll still want to conduct a thorough home inspection to identify any major property issues.

For example, if a house has a faulty roof or defective hot water heater, an expert home inspector will be able to uncover such problems immediately. That way, you can learn about issues that may impact the long-term value of a home as part of an inspection.

If you find out about major issues with a home during a property inspection, you can rescind your initial offer and walk away from a house. Comparatively, if you still want to buy a home in spite of problems that were discover during an inspection, you can ask the home seller to complete home repairs or upgrades. You also may want to consider asking for a price reduction if major home repairs or upgrades are needed.

Ultimately, a home inspection will help you make an informed homebuying decision. After a home inspection, the ball is in your court, and you can choose to move forward with the purchase of a home, revise your initial offer or remove your proposal altogether.

3. Relocation to Your New Address

The final step of the home selling process involves closing on a home and relocating to your new address. At this point, all you'll need to do is pack up your belongings from your current location and move them to your new home.

Purchasing a home may seem impossible at times, but the homebuying process often gets easier as it progresses. Plus, homebuyers who collaborate with an experienced real estate agent can receive plenty of support as they navigate each stage of the homebuying journey.


If you don’t have a lot of cash on hand to secure a home with a sizable downpayment, you might feel stuck. It’s quite a feat to be able to save up the 20 percent cost of a home that is generally required to purchase a home. Your options may seem limited when you want to own a home. There is one option that could be a good idea to consider when you’re in this situation. That’s the idea of finding a rent-to-own property. 


How Does A Rent-To-Own Property Work?


First, know that these properties are hard to find. That’s why you may not have thought of it as a first option. When you do find a property like this that suits your needs, you should know all of the ins and outs before you commit to the home. The agreement works just as it sounds, but there are always a few bits of extra text that can make the difference in any agreement in a rent-to-own property. 



Lease With A Purchase Option


With this type of agreement, you’ll need to pay what is called an option fee in order to give you the right to purchase the property at a later date. The seller is then required to sell the property to you as a tenant and apply the option fee to the price of purchase. If for some reason you have paid the option fee and decide to walk away from the property after a time, the money that you have paid as an option is simply lost. The option fee is usually a percentage of the purchase price ranging anywhere from 2-7 percent of the home’s price.  


Lease And Purchase Agreement Rolled Into One


In this type of rent-to-own agreement, both the tenant and the seller agree on fixed purchase price for the home, or agree that a purchase price will be determined at a later date through an appraisal. Everything is set up from the beginning including the closing date for the home.


This type of deal in a rent-to-own situation is often considered the better choice. Know that a fixed price option may put you in a better financial position than an appraisal option. You’ll have instant equity in the property when you buy it. This is especially helpful in high competition markets. In any other types of market, you may be better off with an appraisal. This ensures that you don’t overpay for the house.


How Your Rent Payments Apply


Rent-to-own gives you an advantage in that you get the added benefit of rent credits. This is where a percentage of your monthly rent payment is applied to the purchase price of the home. The amount of percentage that’s applied will be agreed upon with your landlord ahead of time.


While a rent-to-own option to purchase a property can be a bit more complicated than other ways of purchasing a home, it can be a great way for people different financial situations to become home owners. Make sure you go over everything carefully before you sign anything so that you fully understand the agreement you’re entering into.       

     





Welcome to Stone Acre, where peace & serenity abound! Surrounded by acres of conservation land providing beautiful views, yet just 1 mile to the quaint town center of Hardwick! Lovingly restored, 4 bedroom, 3 bath Antique home features high ceilings & HW's thru-out (LR, DR, hall & stairs have Walnut floors) Entertaining is a breeze in the heated sunroom w/french doors that open to a fireplaced living room & library. Dining room w/built-ins & window seat, gourmet kitchen w/recessed lights, Corian, S/S appliances, center island w/Bosch gas cook-top, double ovens & dishwasher. 1st-floor laundry, surround sound thru-out, front & back stairs, master w/2 walk-in closets & bath w/cherry vanity & Corian. Summer fun begins w/pool parties! Guests will enjoy the pool house w/2 floors of living area! Outdoor shower, vegetable & flower gardens, patio, 2 car garage w/attached barn w/doggie door to dog pen, invisible fence, blueberry bushes, bluebird houses, magnolia tree, potting shed & stone walls!

More Info on this Property | New Listing Alerts


1818 Main Street, Holden, MA 01522

Rental

$1,500
Price

4
Rooms
2
Beds
2
Baths
Desirable end-unit, 3rd floor rental at the Residences at Holden Hills! Fire-placed living room with slider to covered trex deck & water views, hardwood floors thru-out, fully applianced kitchen with granite countertops, maple cabinets & breakfast bar. Master suite with master bath, laundry in unit (includes washer & dryer) Central Air, Gas heat, elevator to underground parking & storage. Located at Holden Hills Country Club, an 18 hole golf course.
Open House
No scheduled Open Houses






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