Kathy Foran - REALTY EXECUTIVES Boston West



Posted by Kathy Foran on 5/19/2019

Contingency in real estate means an agreement of sale that must take place to continue the transaction. There are numbers of options that buyers can include in their contracts. Below are five common home offer contingencies to consider:

Inspection contingencies

Inspections are of great benefit in the process of buying a home. They enable the buyer to know the exact condition of the property. Most home buyers know inspections cover the general examination of all the systems of the home as well as checking the interior and the exterior. Apart from that, there are other inspections like checking for damages from wood-destroying insects. The inspection contingency comes into play once all the necessary checking is complete.

Financing contingencies 

Financing contingency is essential if you are buying your apartment through a mortgage. Financing contingency gives you the opportunity and time to apply for home purchase financing. The financing contingency states that if you are unable to secure a loan for the purchase of your home, you are eligible to look for other alternative means or you back out from the sale. 

Appraisal contingency 

Appraisal contingency and financial contingency work hand in hand. One of the requirements for granting a loan by most mortgage companies is a satisfactory appraisal. Do not forget that the evaluation is what shows the fair market value of a property. Therefore, an appraisal contingency is significant because it protects you in a situation where the sales price is not at par with the fair market value.

Home sale contingencies 

The home sale contingency is the favorite among property buyers. This contingency gives you a specified period to locate a buyer for your home. If this is not achievable within the stipulated time, you have the privilege of abandoning the sales without anything happening to your money. However, this contingency is not popular among sellers, so not often practiced.

Title contingencies 

Title contingency is also significant in real estate investment. A title to the home is a record that gives information about the ownership of a property. It is a legal document that indicates the people that have owned a property in the past and present. Apart from that, it also gives a record of any judgment made in the past regarding the property.

Be sure to read up and educate yourself on various contingencies that could apply to your sale agreement, so you always have protection. Let your real estate professional advise you about appropriate contingencies to accept and ones to avoid.




Categories: Uncategorized  


Posted by Kathy Foran on 5/16/2019

This Single-Family in Holliston, MA recently sold for $440,000. This Contemporary,Raised Ranch,Split Entry,Multi-Level style home was sold by Kathy Foran - REALTY EXECUTIVES Boston West.


90 Jennings Road, Holliston, MA 01746

Single-Family

$420,000
Price
$440,000
Sale Price

7
Rooms
3
Beds
1/2
Full/Half Baths
Welcome to 90 Jennings Road!! Country living at its best!! Completely updated!! Fresh paint,in neutral tones,beautiful hardwood floors, new carpeting! Three bedrooms fully updated,with wood flooring. Master bedroom with half bath, one full and one half bath!Central air for those hot summer days! Large 2 car garage that can easily be converted into more living space! Large driveway with beautiful New England style stone wall landscaping. Family room,with fireplace feels like a charming country inn.Slate Patio great for a firepit.Perennial Landscaping! Convenient to all the local surrounding communities. Public transportation available in Ashland, Natick and Framingham, just a short drive away.Close to area hospitals, universities and shopping. Holliston has a french immersion program in the school system.Holliston has the feel of a small country town, but is close to everything, including Boston,Framingham and Worcester.Jennings road is a beautiful tree lined,scenic dead end road!!

Similar Properties





Categories: Sold Homes  


Posted by Kathy Foran on 5/16/2019

Beautiful Contemporary Colonial w/2 story foyer & open floor plan! Formal living rm w/hardwood fl, recessed lts, built in speakers & arched opening w/pillars to formal dining rm w/hardwood fl & triple windows! Huge bright eat in kit w/tile fl, granite island, recessed lts, lg pantry, desk area & slider to gorgeous private backyard w/heated, sparkling in-ground pool & paver patio! Gorgeous step down family rm w/cathedral ceiling, fireplace w/marble front, 2 skylights, picture window, recessed lts & Brazillian cherry fl! 1st fl office w/Brazilian cherry fl! Convenient 1st fl laundry rm/mud rm! Large Master suite w/recessed lts, huge walk in closet w/built ins & luxurious bath w/jacuzzi tub, tiled shower w/seat & glass door & vanity w/granite & dbl sinks! 3 additional bedrooms all w/double closets! Updated main bath w/granite & dbl sinks! Finished lower level w/game rm & home gym! Almost 2 acres of land! Roof & C/A in 2018! Great Country Club area & mins to all major rts, schools & shops!

More Info on this Property | New Listing Alerts





Posted by Kathy Foran on 5/16/2019

Lovely 3 bedroom, 2 full bath Cape w/oversized 2 car att garage on beautiful level acre plus lot! Formal living rm w/fireplace & wood flr! Formal dining rm w/built in China cabinet, chair rail, wood flr & closet! Lg eat in kit w/pantry & gas cooking! Convenient 1st flr laundry rm/mud rm leads to huge 2 car gar! 1st flr full bath! Bright family rm w/bow window, hardwood flr & slider to 32x16 deck overlooking flat backyard abutting the woods w/loads of privacy! 2nd flr has 3 lg bedrms & full bath! Front to back master bedroom w/walk in closet & door to Lg full bath! 2 additional bedrms w/double closets & 1 bedroom has access to huge walk in storage over the garage for future expansion potential! Large basement w/fireplace has great potential for extra living space! More updates include gas heat & Central air in 2017! 2nd flr C/A in 2018! 2 garage doors & openers in 2018, Architectural roof in 2015 & more! Wonderful sought after location in North Framingham, close to Callahan State Park!

More Info on this Property | New Listing Alerts





Posted by Kathy Foran on 5/16/2019


19 Goodnow Lane, Framingham, MA 01702

Single-Family

$769,900
Price

11
Rooms
4
Beds
2/1
Full/Half Baths
Beautiful Contemporary Colonial w/2 story foyer & open floor plan! Formal living rm w/hardwood fl, recessed lts, built in speakers & arched opening w/pillars to formal dining rm w/hardwood fl & triple windows! Huge bright eat in kit w/tile fl, granite island, recessed lts, lg pantry, desk area & slider to gorgeous private backyard w/heated, sparkling in-ground pool & paver patio! Gorgeous step down family rm w/cathedral ceiling, fireplace w/marble front, 2 skylights, picture window, recessed lts & Brazillian cherry fl! 1st fl office w/Brazilian cherry fl! Convenient 1st fl laundry rm/mud rm! Large Master suite w/recessed lts, huge walk in closet w/built ins & luxurious bath w/jacuzzi tub, tiled shower w/seat & glass door & vanity w/granite & dbl sinks! 3 additional bedrooms all w/double closets! Updated main bath w/granite & dbl sinks! Finished lower level w/game rm & home gym! Almost 2 acres of land! Roof & C/A in 2018! Great Country Club area & mins to all major rts, schools & shops!
Open House
Saturday
May 18 at 1:00 PM to 3:00 PM
Cannot make the Open Houses?
Location: 19 Goodnow Lane, Framingham, MA 01702    Get Directions

Similar Properties





Categories: New Homes