Tammy Morrison Real Estate Inc | Fitchburg MA Real Estate Real Estate


INVESTORS TAKE NOTICE FOR THIS RARE WELL CARED FOR FOUR FAMILY! Spacious first floor with extra space with a finished basement. Fully rented with nice yard and plenty of off street parking. Great location close to highway, schools and shopping! Don't miss out on this great investment opportunity! BOM due to buyers financing !

More Info on this Property | New Listing Alerts


297 Mechanic St, Leominster, MA 01453

Multi-Family

$359,900
Price

4
Units
4,113
Approx. GLA
INVESTORS TAKE NOTICE FOR THIS RARE WELL CARED FOR FOUR FAMILY! Spacious first floor with extra space with a finished basement. Fully rented with nice yard and plenty of off street parking. Great location close to highway, schools and shopping! Don't miss out on this great investment opportunity! BOM due to buyers financing !
Open House
No scheduled Open Houses

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Once you have gone through the pre-approval process and have narrowed down your home search, there’s a good chance you’ll soon find a place that you want to make an offer on. This can seem like a huge step for any first time homebuyer. Even seasoned home buyers feel butterflies when the time comes to make an offer on a home they love. Before you even start your home search, you should become educated on how to make a good offer in order to land the property that you really want. There’s so many factors that effect your offer including the surrounding properties and the current state of the market. Here are a few very important pieces of advice that you should heed in order to have a successful time securing a home and closing the deal. 

Craft A Persuasive Offer

In many areas there’s a low inventory of homes and a high number of those seeking to buy. This means that you’re not guaranteed to get a property that you have made an offer on. Lowball offers might not be at all competitive and even insulting to sellers in certain markets. Often, you may need to make an offer of more than the asking price if you’re in love with a home. By working with your real estate agent and doing the right research, you can craft an offer on a home that will be compelling for sellers.    

Decide On Your Contingencies 

Once an offer has been accepted, it’s time to get to work on those contingencies. Be especially mindful of financing contingencies. If something falls through in the process, you’ll want to be sure you can get the deposit you made back. Also keep in mind that sellers love reliable buyers who have already been preapproved.  

Home inspection contingencies are another area of importance. After you sign the purchase agreement and the inspection is complete, you’re allowed to ask the seller to make repairs or provide you with a counter offer. While this can be one of the more nerve-wracking aspects of home buying, it has many positives. Home inspections protect buyers from purchasing a home that they can’t live with in cases of extreme mold, termites and other environmental and structural issues. 

The appraisal contingency is also important. In order for you to qualify for a loan, the property must be appraised. The property must be valued at or above the purchase price. A loan will only be approved by a lender up to the appraised value. If your home loan is $400,000 but your home of choice is appraised at $390,000, you’ll have a problem.       

Your Finances Matter Until You Get To The Closing Table

Don’t go crazy with all kinds of purchases before you reach the closing table. Opening a new credit account at your favorite furniture store, for example, could lead to a disastrous surprise on closing day. Hold off on big purchases until after you secure your home. Also avoid making large transfers or deposits from your bank account. don’t do anything to negatively affect your credit score

  

Know What To Bring To The Closing

Don’t show up to the closing for your home purchase unprepared. You’ll need to have the following items: 


  • Photo ID
  • Checkbook
  • Cosigners 



Think Ahead


Be sure that you think of the future when you’re purchasing your home. You’ll need to have enough cash flow to pay for things like property taxes, home insurance, utility bills and even new furniture for your home. Plan your future mortgage payments accordingly. Some companies have payments that are monthly or bimonthly. 


While buying a home is a huge undertaking, with the right plans in place, the process will be as seamless as possible. With the right plans, the moving truck will be pulling into the driveway before you know it.      


Unfortunately, your home's bathroom shower could use a lot of work. But as a home seller, you likely are strapped for time and resources, making it exceedingly difficult to complete a shower overhaul. So what can you do? Luckily, there are many quick, inexpensive ways to improve your bathroom shower, including: 1. Replace the shower head. Shower heads come in a wide range of styles and sizes, ensuring you should have no trouble finding one that will serve you well while you sell your home and help improve the appearance of your shower as well. From stainless steel shower heads to water-saving varieties, there is no shortage of shower head options at your disposal. Plus, these shower heads usually are affordable and simple to install, making them great choices for home sellers who are searching for an easy way to enhance the quality of their home's bathroom shower. 2. Give your shower a thorough cleaning. A dirty shower is the last thing a homebuyer wants to see as he or she checks out your home's bathroom. Fortunately, home sellers can perform extensive cleaning to transform a bland shower into an extraordinary one. When it comes to cleaning your shower, using an all-purpose bathroom cleaner often is a great place to start. Also, you should leverage abrasive scrubbing pads to eliminate deposits on shower floors. If you're struggling to get the results you want, be sure to get help from professional cleaners. Remember, these cleaners will do everything possible to give your shower a pristine appearance. And with their support, you can enjoy an immaculate shower that will look great to prospective homebuyers. 3. Retile your shower. New tiles serve as great options for those who want to improve a shower's appearance. As such, home sellers who commit the time and resources to retile a shower can transform a shower's appearance without delay. Retiling a shower can provide a fun project for do-it-yourselfers (DIYers), one that could prove significant return on investment (ROI). However, it is important to understand the ins and outs of installing tile before you begin this task to ensure the job is completed properly. Thankfully, many DIY websites offer helpful tips that you can use to streamline the process of installing new tiles. And when in doubt, don't be afraid to reach out to tile installation professionals for added support. Selling a home can be exhausting, and improving the quality and appearance of your residence's shower is just one of many ways that you can increase the likelihood of a fast home sale. Of course, collaborating with an experienced real estate agent can provide exceptional results for home sellers, too. A real estate professional who recognizes your home's strengths and weaknesses can help you showcase your residence's strengths to homebuyers. Also, this professional can empower you with the insights you need to find ways to transform your home's weaknesses into strengths. Work with a top-notch real estate agent as you sell your home, and you can benefit from the guidance provided by a real estate professional who will assist you throughout the home selling process.


61 Central St, Fitchburg, MA 01420

Multi-Family

$164,900
Price

2
Units
1,692
Approx. GLA
BEAUTIFULLY UPDATED WITH OLD WORLD CHARM MANSARD 2 FAMILY! Live in one unit with hardwood floors, fire place, granite counter, new appliances and so much more. Earn income from 2nd unit that has long term tenant. Plenty of off street parking and 2 car garage. Best deal in town!
Open House
No scheduled Open Houses

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