"#1 Team in Franklin's #1 Office"...Call 508-520-9881

Lot #32 Daniels Street in Franklin MA-Framing Has Started

This home is being framed....now is the perfect time to make minor changes to the interior of the home.
Lot #32 Daniels Street in Franklin MA-Framing Has Started


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Description
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$439,900
Single Family Home
Main Features
4 Bedrooms
2 Bathrooms
1 Partial Bathroom
1 Unit
Interior: 2,125 sqft
Lot: 30,216 sqft
Location
Lot 32A Daniels Street
Franklin, MA 02038
USA

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Barbara Todaro

Barbara Todaro

RE/MAX Executive Realty
(508) 520-9881
btodaro@juno.com
http://www.franklinmahomesales.com



Listed by: The Kuney-Todaro Team of RE/MAX Executive Realty

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New Homes in Franklin Massachusetts

Short Sale....Long Closing....Good Deal?? Maybe-Maybe Not!!!

Buyer agents, are you making decisions for your buyers?Our inventory today has a large percentage of short sales and bank owned properties scattered among those conventional listings.Obviously, selling a home with equity and owned by a homeowner rather than an institution is the path of least resistance with a much quicker closing.

Do you select your properties with you in mind; your client in mind or both of you?Many of you will never admit that you avoid short sales because of the length of time involved to receive a response from the bank.If you had your choice, obviously sooner rather than later is preferable in this challenging market, but what about your client?

Is the best deal the short sale?It may be, but banks seem to be negotiating more than previously.The deals may not be any better now for a short sale than for a traditional listing but certainly with a longer waiting period.

Many buyers’ agents have that thought in the back of their mind prior to showing homes.Will this be a 45 day closing or a 6 month closing?Will the buyer be able to negotiate a good deal with the bank or will this be a long waiting period with the same bottom line for the buyer with no added advantage?Just a few thoughts!!!


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New Homes in Franklin Massachusetts
34 commentsBarbara Todaro "Franklin MA Homes" • September 07 2011 09:56AM

New Construction....Sometimes We Need To Show Dirt To Sell A New Home!!

New construction sets the pace in real estate.  No one is expected to pay more for something used when that product can be purchased "new" for less money.   Remember that important detail.  It reminds us of the importance of new construction in the process of this real estate market regaining stability.

I'm noticing a few new subdivisions in surrounding areas now being marketed.   These were, previously, approved tracts of land owned by developers who were waiting for the market to change.  This is a good sign of some confidence in our local real estate market.  It's a gentle use of the word "confidence!!"

The problem that I'm also noticing is that the builders are not building a spec home or model home for their agents to show and sell.  Now the fun begins!!!  My team and I have had plenty of experience with preselling homes, and it's a difficult task if one does not have a thorough knowledge of construction.  Those listing agents will be showing dirt to sell a colonial home!!  That's what we do best!!! 

The resale listing inventory is reducing in size and that makes the competition less for new homes.  Builders are feeling more confident but not enough to spec homes.  They see light at the end of the tunnel but they need assurance before they spend any money.  The climb will be a slow process, but we're  moving in the right direction.

 


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New Homes in Franklin Massachusetts

Do You Remember When??????

Do You Remember When: 

Do you remember when mortgage interest rates hit 21%????? 

Do you remember when the MLS books were delivered to the office once every two weeks????? 

Do you remember when a listing appointment meant that you gave a price and showed the seller where to sign?????? 

Do you remember when real estate agents charged 7% commission on residential properties????? 

Do you remember when real estate agents qualified buyers for a mortgage????? 

Do you remember when the qualifying ratios were 28/36....WITH NO EXCEPTIONS???? 

Do you remember when banks paid the brokers a "finders fee" to send them business????? 

I DO REMEMBER......and those certainly were the good old days......O.K. I'M BACK TO REALITY NOW!!!!!

 

 


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New Homes in Franklin Massachusetts
25 commentsBarbara Todaro "Franklin MA Homes" • February 10 2010 08:45AM