Thomas Murphy - Pine Shores Real Estate



Posted by Thomas Murphy on 7/3/2020


114 Sullivan Road , Yarmouth, MA 02673

West Yarmouth

Single-Family

$425,000
Price

3
Beds
5
Total Rooms
2
Baths
First time offered in over 20 years. Pride in ownership shows throughout the owners have meticulously maintained the home. Deeded rights to Big Sand Pond with nicely maintained private beach. This property even has a deeded private road around a cranberry bog. { Bog Road} If you are looking for quiet setting on Cape Cod but easy access to all the Cape has to offer this is for you! This home has 3 bedrooms, 2 full baths, central Air conditioning, 2 car garage, large clean basement and private back yard. It comes with hardwood flooring in the living space and rugs in the bedrooms. New septic and professionally landscaped round out this exceptional home. This one will not be around long / ACT NOW!
Open House
No scheduled Open Houses

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Categories: Price Change  


Posted by Thomas Murphy on 7/3/2020


114 Sullivan Road , Yarmouth, MA 02673

West Yarmouth

Single-Family

$423,000
Price

3
Beds
5
Total Rooms
2
Baths
First time offered in over 20 years. Pride in ownership shows throughout the owners have meticulously maintained the home. Deeded rights to Big Sand Pond with nicely maintained private beach. This property even has a deeded private road around a cranberry bog. { Bog Road} If you are looking for quiet setting on Cape Cod but easy access to all the Cape has to offer this is for you! This home has 3 bedrooms, 2 full baths, central Air conditioning 2 car garage, large clean basement and private back yard. It comes with hardwood flooring in the living space and rugs in the bedrooms. New septic and professionally landscaped round out this exceptional home. This one will not be around long / ACT NOW!
Open House
No scheduled Open Houses

Similar Properties





Categories: New Homes  


Posted by Thomas Murphy on 5/24/2020

If you’re planning on buying a home in the near future and are confused about many of the terms associated with mortgages, you’re not alone. Real estate is its own industry with its own set of processes, terms, and acronyms. If you’re new to the home buying process, there can be somewhat of a learning curve to understand what each of these terms means.

Since buying a home is such a huge investment and life decision, there’s a lot of pressure on home buyers to make sure they get everything right. This makes for a stressful situation for buyers who don’t feel like they understand the terminology of things like mortgages, appraisals, credit reports, and other factors that contribute to the home buying process.

To alleviate some of those concerns and to make the home buying process run more smoothly, we’ve compiled a list of the most common, and most commonly confused, real estate words, terms, and acronyms. That way, when you’re talking things over with your real estate agent or your mortgage lender, you’ll be confident that you understand exactly what’s being considered.


Read on for our real estate terminology glossary.

  • Adjustable rate mortgage (ARM) - This is one type of home loan. Mortgage rates with this type of loan fluctuate throughout the repayment term of the loan. The fluctuation is based on a market indicator.

  • Fixed rate mortgage (FRM) - Another type of home loan, a fixed rate mortgage has a rate which does not fluctuate, remaining constant for the life of the term, most commonly 15 or 30 years.

  • Appraisal - An appraisal is the determination of the value of a property. Appraisals are used when purchasing and selling a home, as well as when refinancing a home loan. Appraisers are required to be licensed or certified in each state and are usually paid for by the lender.

  • Appreciation - An increase in a property’s value, most commonly due to market inflation, or the general increase in home prices over time.

  • Depreciation - A decrease in a property’s value, due to either market deflation (uncommon) or the wear and tear on a home that comes with age.

  • Closing costs - The costs and fees that a buyer is responsible for when purchasing a home or taking out a mortgage. These include underwriting fees, inspections, appraisals, transfer taxes, and more. Closing costs typically range from 2% to 5% of the total loan amount.

  • Contingency - Home purchases have contracts to protect the interest of the buyer, seller, and lender. Contingencies are provisions designed to protect the buyer or lender should something occur in the time leading up to closing on (or purchasing) the home. One common contingency is the buyer’s right to have a final inspection of the home before closing to ensure no new issues with the home have occurred.

  • Private mortgage insurance (PMI) - Buyers who cannot afford a down payment of %20 typically are required to take out a private mortgage insurance policy. This policy protects the lender should the borrower default (fail to repay or meet the conditions of their loan).






Categories: Uncategorized  


Posted by Thomas Murphy on 4/3/2020


343 Route 28, Yarmouth, MA 02673

West Yarmouth

Condo

$45,000
Price

1
Rooms
1
Beds
1
Baths
Escape to the Cape without the hassle of searching for a hotel room in the midst of tourist season. You own this! When not in use, join the Resort's rental program and earn some revenue. The Resort is a seasonal hotel, open from April to October. Enjoy the use of indoor/outdoor pools, hot tub, sauna, outdoor grills, and comfortable common areas. Close to beautiful beaches, fabulous restaurants, and family friendly activities. Small pets are welcome.
Open House
No scheduled Open Houses

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Tags: Real estate   Condo   02673   Yarmouth  
Categories: New Homes  


Posted by Thomas Murphy on 4/3/2020


343 Route 28, Yarmouth, MA 02673

Condo

$45,000
Price

1
Rooms
1
Beds
1
Baths
Why go through the hassle of searching for a hotel room in the midst of the summer when you can own your own? Enjoy a family atmosphere at the Yarmouth Resort Hotel. The Resort is open from the end of March until October and when you are not using your room, join the rental program. A great way to earn income. In addition to indoor/outdoor pools, outdoor grills, sauna, and comfortable common areas, this room has an extra bonus, its own private hot tub! Close to beautiful beaches, fabulous restaurants, great shopping, and family friendly activities. Small pets are welcome.
Open House
No scheduled Open Houses

Similar Properties





Tags: Real estate   Condo   02673   Yarmouth  
Categories: New Homes