Posted by Amanda Bruen on 12/26/2017

Whether you’re a first-time homebuyer or someone who has previously owned a home at some point in their life, you most likely know how expensive buying a house can be.

Fortunately, there are many organizations who would agree and who seek to help qualified buyers. There are a number of programs available at the state, local, and federal level designed to help certain buyers purchase a home.

There are also a number of myths around these programs, such as what the term “first-time homebuyer” really means.

In this article, we’ll talk about some of the programs you can look into to get help paying for a home.

Who Qualifies as a First-Time homebuyer?

Contrary to what it sounds like, you can still qualify as a first-time homebuyer if you’ve owned a home in the past. The Federal Housing Administration (FHA) has been helping people achieve their goal of homeownership since the 1930s. The FHA connects first-time homebuyers with lenders if the buyer meets certain criteria. Those criteria are:

  • Someone who hasn’t owned a home in the time previous three years. This includes spouses.

  • A single parent who previously owned a home with a former spouse, or a “displaced homemaker” who has only owned a home a former spouse.

  • People who have only owned homes that didn’t meet building code or a residence not fixed to a foundation.

The way the FHA helps buyers secure an affordable home loan is by insuring the mortgage. This makes it safer for lenders to approve you for a better rate for your home loan.

Veteran, Rural, and Native American Loan Programs

Aside from FHA loans, you might also qualify for a VA loan, a USDA program, or the Section 184 Indian Home Loan program.

VA loans from the U.S. Department of Veteran Affairs help veterans secure low-interest loans with affordable down payments. They will also help repeat veteran home buyers who have had financial difficulties in the past such as foreclosure and bankruptcy.

The Section 184 Indian Home Loan Guarantee Program works similarly to an FHA loan in that the federal government insures the loan so that the buyer can receive a better rate and lower down payment.

This program is designed for American Indian and Alaska Native families. However, not every state is eligible for the loan.

The United States Department of Agriculture is another federal department that offers mortgage assistance. You don’t need to be a farmer or have agricultural aspirations to be approved for a USDA loan. Rather, these loans are designed to help develop rural areas by offering loans with no down payments.

State, Local, and Private Programs

Each state in the United States offers various buyer’s assistance and incentive programs. Be on the lookout for programs specific to your area to find low-interest rates and affordable down payments.

Fannie Mae, Freddie Mac, and other companies work with lenders to create affordable lending programs throughout the country. Remember to shop carefully when dealing with private lenders and look out for hidden costs.





Posted by Amanda Bruen on 12/23/2017

This Single-Family in Haverhill, MA recently sold for $265,000. This Ranch style home was sold by Amanda Bruen - KELLER WILLIAMS REALTY.


15 Dale St, Haverhill, MA 01832

Single-Family

$249,900
Price
$265,000
Sale Price

5
Rooms
2
Beds
1
Baths
MAJOR PRICE REDUCTION !!! property does require flood insurance , sellers policy is transferable ! Immaculate Ranch for easy living , open concept living area with a large kitchen w/ ample oak cabinets , fully applianced . The living room is spacious with gleaming wood floors and a large picture window to allow lots of natural lighting ! 2 Bedrooms w/ hardwood floors and a den/office /crafts room also. This is not an original 50's ranch ..it has undergone major renovations and improvements, the one car garage also has room for a workshop/storage and there is a shed for the garden tools and equipment . The mudroom leads to the composite decking ( for low maintenance ) and a great yard for the outdoor enthusiast ...A short walk to a riverfront park and easy access to commuter routes too !

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Categories: Sold Homes  


Posted by Amanda Bruen on 12/20/2017

This Multi-Family in Merrimac, MA recently sold for $480,000. This style home was sold by Amanda Bruen - KELLER WILLIAMS REALTY.


53 School St, Merrimac, MA 01860

Multi-Family

$480,000
Price
$480,000
Sale Price

2
Units
5,202
Approx. GLA
Nestled in the heart of the Village area of Merrimac this incredibly unique & rare two-family home perfect for the extended family, someone looking to maximize income potential w/ an unprecedented amount of living space or condo conversion. The main entrance foyer w/ double closets sets the tone as you enter the home which opens to grand fireplaced LIV RM, KIT & DIN area. Office on 1st floor adjacent to 2 car gar & expanded work space. Extensive amount of custom woodwork, hrwd floors & Anderson windows throughout, 22 skylights, 28x46 poured basement and 8-10 ft cathedral ceilings. This home, while originally built in 1855 was expanded significantly by the current owner in 1987 w/ new mechanicals, new heating system 2007 & insulation. The owners unit alone has 6 BD & 3 BA’s inc master w/ 9x11 walk in closet and 9x11 deck & 2cnd fl LIV RM. The Second unit featuring 2 BD and 1.5 BA for addition income to offset mortgage. Even the largest of families can find privacy here!






Categories: Sold Homes  


Posted by Amanda Bruen on 12/20/2017

This Single-Family in Barrington, NH recently sold for $146,000. This style home was sold by Amanda Bruen - KELLER WILLIAMS REALTY.


848 Franklin Pierce Highway, Barrington, NH 03825

Single-Family

$149,900
Price
$146,000
Sale Price

3
Bedrooms
6
Rooms
1
Baths
Great location for this well cared for manufactured ranch perfectly sited on 2+ country acres bordered by stonewall. This one owner home boasts brand new metal roof, light filled open concept living/ dining & kitchen, charming fireplace, 3 bedrooms w/built-ins, newer windows, enclosed porch/mudroom w/stairs that lead to a full basement with expansion potential. Updated heating system & oil tank, well maintained, carport & more. Add your personal updates and make it your own. Great opportunity to live in desirable Barrington whether you are starting out or downsizing. Nice country lot and commuter friendly location. Also available for lease or lease purchase.






Categories: Sold Homes  


Posted by Amanda Bruen on 12/19/2017

Household clutter is an insidious problem in many homes because it happens gradually and you may not notice it until it actually infringes on your living space and begins degrading your quality of life. As is the case with many problems, the first step to solving it is to recognize that you need to do something about it.

Clutter can assume many different forms in your house, but the effects are always negative. Whether you need to eliminate clutter in one room or your entire house, tackling the problem always results in a feeling of relief and accomplishment. By taking it one step at a time and focusing on the benefits of reducing clutter, you'll be able to create a positive "ripple effect" in your mind, your family relationships, personal productivity, and other aspects of your life.

Improved efficiency: Everyone knows the frustration of not being able to find something you're looking for. It's problem that may happen with increasing frequency when you're surrounded by clutter. By taking the time to sort through a cluttered closet, cabinet, garage, basement, or bedroom, you'll be able to eliminate junk, regain lost storage space, and find useful things that you forgot you even owned! When you discover belongings that your family has outgrown or stopped using, you can free up valuable space by either selling, donating, or throwing away unwanted items.

Psychological benefits: A room or home that feels cramped, cluttered, or disorganized is not at all conducive to relaxation, smooth family relationships, and feelings of contentment. If you're even a little embarrassed about the way your home looks, for example, you'll be less likely to invite family and friends over to your house. One of the benefits of actually planning a family gathering or dinner party at your home is that you'll be motivated to organize, clean, and straighten up many areas of your home -- everything from your kitchen and bathrooms to your living room and family room. Also on the plus side: Having a feeling of pride about the appearance and decor of your home is not only personally satisfying, but it can also benefit your social life!

Inspiration: Once you've reorganized your furniture, where needed, and created a more spacious feeling in your home, you'll often feel more motivated to apply a fresh coat of paint to scuffed walls, organize bookshelves, or replace old draperies with new window treatments. One thing leads to another. When you see what a difference a few household improvements can make to the look and feel of your home, you'll be inspired to find more ways to enhance your living space. With any luck, other members of your family will also be inspired to help keep the house looking neat, well organized, and clutter free. While you shouldn't expect any miracles or sudden transformations, remember: Rome wasn't built in a day!







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