Lisa Westerman - ReMax Professional Associates



2 Colony Ln, Paxton, MA 01612

Single-Family

$219,900
Price

9
Rooms
4
Beds
2/1
Full/Half Baths
Attention Contractors. Lots of potential in this spacious Cape with an addition that was used as an in-law set up. Main house has 3 bedrooms and 1 1/2 baths, kitchen dining room, family room & full basement. In-law addition has a living room, kitchen, full bath and 1 bedroom. between the main house and addition is what used to be a garage but is now used as a family room for main house, Lots of space, refinished hardwoods throughout, and passing Title V. however, please note this home needs a lot of TLC Windows older, Roof needs replacing, porches in rough shape. Some seepage in basement in extreme conditions - no more than 2x/yr. Located in a neighborhood setting on a culdesac. Quick close possible - easy to show.
Open House
No scheduled Open Houses





4 Elizabeth Ln, Paxton, MA 01612

Single-Family

$299,900
Price

7
Rooms
3
Beds
1
Baths
One level living at it's best! Sunny 3 bedroom,1 bath ranch with attached garage in a neighborhood setting. This home is turn-key - completely renovated within the last few years. Brand new roof, brand new oil tank, updated bathroom & updated kitchen w/ granite counters & breakfast bar which is open to dining room. Convenient 1st floor family room (electric heat in this room only). Bedrooms have gleaming hardwoods & ceiling fans. Young windows, vinyl siding, young septic, boiler, recessed lighting added to kitchen & dining room. Fireplaced living room with gleaming hardwoods is open to a dining area with built in hutch - which is currently being used as extra living room space which is a great option. Full basement has great ceiling height, concrete floor and is completely open, ready for your finishing touches! Last but not least is the spacious fenced back yard with new fire pit. No showings until Open House Saturday March 14th 12:30-2. Come see you won't be disappointed!
Open House
Saturday
March 14 at 12:30 PM to 2:00 PM
Come see this totally updated turn-key home for the first time at this Open house, Come see - you won't be disappointed!
Cannot make the Open Houses?
Location: 4 Elizabeth Ln, Paxton, MA 01612    Get Directions

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4 Elizabeth Ln, Paxton, MA 01612

Single-Family

$299,900
Price

7
Rooms
3
Beds
1
Baths
One level living at it's best! Sunny 3 bedroom,1 bath ranch with attached garage in a neighborhood setting. This home is turn-key - completely renovated within the last few years. Brand new roof, brand new oil tank, updated bathroom & updated kitchen w/ granite counters & breakfast bar which is open to dining room. Convenient 1st floor family room (electric heat in this room only). Bedrooms have gleaming hardwoods & ceiling fans. Young windows, vinyl siding, young septic, boiler, recessed lighting added to kitchen & dining room. Fireplaced living room with gleaming hardwoods is open to a dining area with built in hutch - which is currently being used as extra living room space which is a great option. Full basement has great ceiling height, concrete floor and is completely open, ready for your finishing touches! Last but not least is the spacious fenced back yard with new fire pit. No showings until Open House Saturday March 14th 12:30-2. Come see you won't be disappointed!
Open House
No scheduled Open Houses

Similar Properties



Image by Brady Pevehouse from Pixabay

When purchasing a home, there are many issues to keep in mind. These often include items such as the interest rate on the mortgage, real estate taxes, and homeowner's insurance. If you've purchased a home governed by a Homeowner's Association and have not lived within a similar community before you may find some challenges adjusting more specifically, HOA fees. Changes to rules and regulations within HOA communities usually require an official voting process before they are implemented. However, if you consider your community fees to be too high, there are a few negotiation tips that might get the process started.

Join the Board of the HOA

One of the first steps to consider is joining the governing board of the HOA. The best way to search for ways to lower HOA fees or impact other types of change within your community is to participate in meetings and to get to know the history of your community and the other members. These relationships and experiences provide a view of the current issues and goals of the governing group.

Review the Books

The breakdown of how the HOA is allocating fees is information that should be readily available to the community. If you're interested in exactly where these fees are going, request to review the books. You'll gain insight into the contractors that help serve the community whether it be landscaping, pool maintenance or any other amenities. If you have suggestions for adjustments the community may implement to save money, it is worthwhile to present those options to the board for consideration. When the HOA saves money, the HOA members save money as well.

Reduce Costs

One of the most common areas where an HOA allocates considerable funds is on landscaping. It is important to have well-kept property to benefit property values; however, it doesn't have to be expensive. If the books show high landscaping or maintenance fees, request that the board negotiates with the current provider for a reduced rate or interview other providers who may be a better value. If the current contracts are reasonable, the board may be able to defer non-essential maintenance.

Consider the Costs of Property Management

Finally, consider the costs associated with the current property management company. Those who live in a condo building, townhome, or other collective living association often have a property management company that handles the high-level issues. While they perform an important function, they can also be expensive. It can be helpful to negotiate a reduced rate with the property management company or consider other management companies that might come at a cost-saving to the community. This can help the HOA members save money on their periodic fees.


There are so many factors that go into finding and securing the financing to buy a home.   While lenders require quite a bit of information for you to get a loan, you still need to be aware of your own financial picture. Even if you’re pre-approved for a certain amount of money to buy a home, you still need to dig into your finances a bit deeper than a lender would. The bottom line is that you can't rely solely on a lender to tell you how much you can afford for a monthly payment on a home. Even if you’re approved to borrow the maximum amount of money for your finances to buy a home, it doesn’t mean that you actually should use that amount. There are so many other real world things that you need to consider outside of the basic numbers that are plugged into a mortgage formula.   


Run Your Own Numbers


It’s important to sit down and do your own budget when you’re getting ready to buy a home. You have plenty of monthly expenses including student loan debt, car payments, utility bills, and more. Don’t forget that you need to eat too! Think about what your lifestyle is like. How much do you spend on food? Do you go out to the movies often or spend a regular amount of cash on clothing? Even if you plan to make adjustments to these habits when buying a home, you’ll want to think honestly about all of your needs and spending habits before signing on to buy a home. 


Now, you’ll know what your true monthly costs are. Be sure to include things like home insurance, property taxes, monthly utilities, and any other personal monthly expenses in this budget. If you plan to put down a lower amount on the home, you’ll also need to include additional insurance costs like private mortgage insurance (PMI).


The magic number that you should remember when it comes to housing costs is 30%. This is the percentage of your monthly income that you should plan to spend on housing. Realistically, this could make your budget tight so this is often thought of as a maximum percentage. By law, a lender can’t approve a mortgage that would take up more than 35% of your monthly income. Some lenders have even stricter requirements such as not allowing a borrower to have a mortgage that would be more than 28% of monthly income. This is where the debt-to-income ratio comes into play.


As you can see, it’s important to take an earnest look at your finances to avoid larger money issues when you buy a home.