Bethania Camilo - Coco,Early & Associates Star Division LLC



Posted by Bethania Camilo on 8/20/2018

Cozy Ranch conveniently located near The Loop Shopping Center. Easy access to the highway. Property features open concept eat in kitchen, dining room and living room, 2 good sized bedrooms and possibility to convert it back to a 3 bedroom (Tax records indicate this home is a three bedroom). Full bathroom. Large basement ready to be finished. Good sized yard for Summer BBQs. Side street with minimal traffic.

More Info on this Property | New Listing Alerts




Categories: Uncategorized  


Posted by Bethania Camilo on 8/19/2018

The US government has been helping Americans achieve their goal of homeownership for decades. Through programs offered by the Federal Housing Authority, the USDA, and the Department of Veterans Affairs, millions of Americans have been able to afford a home who would have otherwise struggled.

The focus of today’s post is one such service: loans offered through the USDA Rural Development program.

If you’re hoping to buy a home in the near future but are worried about being able to save up enough for a down payment or build your credit score in time, USDA loans could be a viable option.

Let’s take a look at some of the common questions people have about USDA loans:

Do I have to live in the middle of nowhere to get a USDA loan?

The short answer is “no.” rural development loan eligibility for your area is laid out on a map provided by the USDA. Most of the suburbs outside of major cities, as well as nearly all rural areas, are covered by the rural development program.

Can I qualify for a USDA loan if I’ve previously owned a home?

Yes. You may be eligible for a loan as long as you’re not the current owner of a home that was purchased through the rural development program. So, for example, if you own a home financed through the USDA and wanted to buy a second home and rent out the first one, you wouldn’t be able to finance your second home through the USDA.

How does the USDA loan guarantee work?

When you buy a home, a lender asks you to make a down payment. If you don’t have a down payment, the government (USDA, VA, or FHA) insures the down payment on your home rather than you paying it up front.

Will I have to pay mortgage insurance?

Unlike other subsidized loans, rural development loans require a “guarantee fee” rather than PMI (private mortgage insurance). The guarantee fee is 1% the total mortgage amount and this can typically be financed into the loan (so you don’t have to pay up front). In addition to the guarantee fee, USDA loans also charge an annual premium for the lifetime of a loan.

What are the qualifications for a USDA loan?

To find full eligibility information, complete the survey on the USDA’s eligibility website to find out if you qualify. However, the general qualifications are:

  • U.S. citizenship

  • Buying a home in a qualifying area

  • 24 months of income history

  • A credit score of 640 or higher for streamlined processing

  • Income high enough so that your monthly payments do not exceed 29% of your monthly earnings

What is the direct loan program?

The USDA really offers multiple urban development loans. The guarantee program, for which most single families utilize, and the direct loan program. Direct loans are designed for families who have the greatest need. You can also find out if you’re eligible for a direct loan by filling out the questionnaire on their website.







Posted by Bethania Camilo on 8/17/2018


48 Coolidge St, Methuen, MA 01844

Single-Family

$349,900
Price

5
Rooms
2
Beds
1
Baths
Cozy Ranch conveniently located near The Loop Shopping Center. Easy access to the highway. Property features open concept eat in kitchen, dining room and living room, 2 good sized bedrooms and possibility to convert it back to a 3 bedroom (Tax records indicate this home is a three bedroom). Full bathroom. Large basement ready to be finished. Good sized yard for Summer BBQs. Side street with minimal traffic.
Open House
No scheduled Open Houses

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Categories: New Homes  


Posted by Bethania Camilo on 8/17/2018

This Condo in Methuen, MA recently sold for $246,000. This Garden,Other style home was sold by Bethania Camilo - Coco,Early & Associates Star Division LLC.


45 Washington St, Methuen, MA 01844

East Methuen

Condo

$254,500
Price
$246,000
Sale Price

5
Rooms
2
Beds
1
Baths
THIS WILL GO FAST! This rare garden stye unit townhouse with VIEWS is one of the largest units in tree-lined Royal Oaks!! 2 private entrances, 2 bedrooms, 1 bonus room (currently being used as 3rd bedroom), open concept living room/dining room, in-unit laundry, pets under 30 pounds allowed, tennis courts, all in the CGS district. Relax on your balcony & enjoy your city views. Watch 4th of July firework displays of surrounding Merrimack Valley towns from your balcony! NEED STORAGE?? 6 closets (including one outside balcony storage closet), pull down ATTIC space, & plenty of BASEMENT space. RECENT UPGRADES: new windows and doors (2013), vents cleaned/serviced for heat/AC (2017), new vinyl floor entryway, new carpeting on stairs, newer washer/dryer, new organization systems. PARKING: Attached garage under, 2 additional parking spaces, nearly unlimited guest parking out front, & additional parking near tennis court. NO SHOVELING OR YARD WORK HERE - JUST MOVE RIGHT IN & ENJOY!

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Tags: Methuen   Real Estate   01844   Condo  
Categories: Sold Homes  


Posted by Bethania Camilo on 8/12/2018

Putting your home on the market is a life-changing decision and, for some people, it may involve conflicting feelings.

Ideally, all members of your family should be on board with the decision to sell. If you, your spouse, or your kids are ambivalent or even against the idea of moving, it could send a negative message to prospective buyers, estate agents, and others. Helping your family stay positive and motivated can ensure that everyone is pulling in the same direction.

A common stumbling block for many sellers is the inclination to attach too much sentimental value to their home. While you may associate your home with fond family memories, years of hard work, and thousands of dollars in home improvements, your actual selling price should be a reflection of market conditions and the price comparable houses in your neighborhood recently sold for.

Based on a comparative analysis, your real estate agent can help you come up with a realistic asking price that will reflect both its market value and major improvements you've made in recent years. Although remodeling your kitchen or bathrooms will not provide you with a dollar-for-dollar return on investment (ROI) when it comes time to sell, prospective buyers will be much more attracted to a home that's been updated and well maintained.

When selling your home, perhaps the most important principle to keep in mind is that "You don't get a second chance to make a great first impression." By minimizing the negatives and making the most of your home's attributes, you'll be increasing the probability of selling your house within the shortest period of time

Keeping your home meticulously clean for every showing can often be a challenge, but it's a goal worth striving for. Other ways to make a favorable impression on potential buyers is to focus on maximizing your home's curb appeal and minimizing clutter -- both inside and out. While it may seem like a tall order to declutter your home, keep your lawn looking manicured, and apply fresh coats of paint where needed, you'd be surprised at how much you can accomplish by setting your mind to it. One simple but effective strategy for getting things done is to create checklists of priorities, projects, and important tasks that need to be completed. When you commit goals to writing and review your priority list every day, you'll tend to be much more organized, action oriented, and focused.

Although a lot of people take a sense of humble pride in saying that their home is "a work in progress," once it's on the market, you need to have as many of those rough edges smoothed out, as possible! Putting your best foot forward for every showing could make the difference between a fast sale and a house which lingers on the market for months!