Posted by Northeast Signature Properties, LLC on 1/27/2020

Obtaining a home loan is a must for most homebuyers. However, there is a lot to think about to ensure a homebuyer can secure a loan that matches or exceeds his or her expectations.

Some of the key questions to consider about a home loan include:

1. What is a home loan's interest rate?

It is paramount to understand a home loan's interest rate, along with any associated loan fees. That way, a homebuyer will know exactly how much he or she will be paying over the life of a home loan.

If a homebuyer chooses a fixed-rate mortgage, he or she can lock in an interest rate for the duration of a home loan. This means a homebuyer will pay the same amount each month. And in many instances, a fixed-rate mortgage can be paid off early without penalty.

On the other hand, a homebuyer may prefer an adjustable-rate mortgage. With this type of mortgage, a homebuyer may receive a lower interest rate initially that rises after a set period of time.

Compare and contrast the different home loan options and their associated interest rates. By doing so, a homebuyer can make an informed home loan decision, one that serves him or her well both now and in the future.

2. Does a home loan require a minimum down payment?

Ask a lender about whether there is a minimum down payment required as part of a home loan agreement. Typically, a homebuyer will need to pay at least a small portion of a home's price to secure a home loan, and it certainly helps to have this information available before you start evaluating available residences.

In addition, it may be worthwhile to save as much money as possible prior to starting a home search. With money at your disposal, you may be better equipped than ever before to make a large down payment, thereby reducing the amount that you'll need for a home loan. Plus, you may even be able to boost your chances of getting a favorable home loan interest rate.

3. Will I need to provide legal documents to obtain a home loan?

Lenders will require you to provide proof of your income and assets, W-2 statements and other legal documents to finalize a home loan agreement. If you stay organized and have these documents readily available, you should have no trouble providing them to a lender as needed.

Overall, the home loan application process may vary from several weeks to many months. The time it takes to secure a home loan can be stressful, and if you need extra help along the way, it never hurts to reach out to a real estate agent.

With a real estate agent at your side, you can streamline the process of buying your dream home. This housing market professional can offer expert tips throughout the homebuying journey and ensure you can discover a great house at an affordable price.

Take the guesswork out of securing a home loan – consider the aforementioned questions, and you can move one step closer to getting the financing you need to obtain your ideal residence.

Tags: Buying a Home   loans  
Categories: Uncategorized  

Posted by Northeast Signature Properties, LLC on 1/24/2020

95 Winthrop Street LOT 3, Medway, MA 02053



Land Type
Open House
No scheduled Open Houses

Tags: Medway   Real Estate   02053   Land  
Categories: New Homes  

Posted by Northeast Signature Properties, LLC on 1/20/2020

Image by Steve Heap from Shutterstock

If you love vacationing at the same place every year you may consider investing in a timeshare property. This can often help control vacation costs and planning time. However, owning a timeshare home may not be not the right choice for everyone. It is important to understand that a timeshare is not like other real estate because you do not own the property yourself. Carefully consider what that means before signing a timeshare contract.

Should You Invest in a Timeshare?

Timeshare properties are homes that are co-owned. Similar to condominiums, the units usually have several rooms that allow more than one family to share the space at the same time. Each owner has the right to use the home for scheduled periods each year. If you are considering a timeshare investment, here are the advantages and disadvantages associated with owning such property. 


  • You have a vacation home every year: If you own a timeshare property, you save some vacation planning time each year. You won’t have to deal with booking hotel arrangements or spend time determining a destination.

  • Scheduled time: If you vacation during the same timeframe every year, this is a great option because you won’t have to worry about having good accommodations available to you when you want to use them.

  • Cost-efficient: When you calculate how much you spend on hotel bookings whenever you go on vacation, you may realize it is more cost-efficient to buy a timeshare property. 


  • Your vacation is restricted: Owning a timeshare property makes it difficult for you to vacation whenever and wherever you’d like. If you like to visit new destinations or vary your vacation weeks each year, a timeshare may not be the best fit. 

  • Additional expense: If you opt to exchange the timing or destination of your timeshare stay, you may meet with considerable fees during the process. You may also be billed for routine maintenance, utilities, taxes, and other fees related to the timeshare complex itself. 

  • Difficult to sell: It is often difficult to sell a timeshare if you decide you do not want it anymore. You might end up selling at a loss as timeshare value tends to depreciate over time.

Before investing in a timeshare home, weigh your cons against your pros to determine if it is the right decision for you. You might find it just as cost-effective to purchase a vacation home in your favorite location that you own outright. In some cases, you could even rent it out to other vacationers when you’re not using it to help pay for the mortgage. Contact your real estate agent for professional advice on buying the right vacation home for your situation.

Posted by Northeast Signature Properties, LLC on 1/18/2020

This Single-Family in Millis, MA recently sold for $460,000. This Colonial style home was sold by - Northeast Signature Properties, LLC.

12 Brandywine Terrace, Millis, MA 02054


Sale Price

Full/Half Baths
OH Sat 1:30-2:30 Chat with neighbors walking around the block and listen to the owls hooting at night! This well-maintained home on a beautiful corner lot is in a great neighborhood adjacent to acres of conservation land, but 7 minutes to the commuter rail and 30 minutes to Natick. Terrific small town with new elementary school, highly rated high school. You'll live and entertain in the bright and spacious kitchen that flows into the sunny family room and enjoy the deck overlooking the lovingly landscaped fenced yard that delights in every season. The first floor has a gracious dining room and large living room with space for a home office and a working fireplace for those cold evenings. The four bedrooms are freshly painted and carpeted, plenty of closet space. New Pella high-efficiency windows, gas heat and central air keep the house comfortable year-round. Attic storage, full basement, town sewer. Move in ready. People come to this neighborhood to stay!

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Categories: Sold Homes  

Posted by Northeast Signature Properties, LLC on 1/14/2020

260 Ridge Street, Millis, MA 02054



Full/Half Baths
Loaded with character, charm, and warmth you will fall in love upon entering this welcoming home. An incredibly flexible open floor plan with 4 bedrooms and 3.5 bathrooms (2 bedrooms w/en suites) to accommodate today's growing families, aupair and/or work at home. Stunning Living Room features 140" TV screen perfect for the big game and entertaining. Designed with natural light & modern living in mind with french doors and oversized windows creating the perfect family gathering place. The Chef's Kitchen features granite, cherry cabinets, breakfast nook, wine refrigerator, gas cooking, stainless appliances and opens to an expansive 3 season porch for outdoor entertaining. Formal Dining Room w/stone fireplace.The 2nd story offers 4 spacious bedrooms including a master suite with cathedral ceiling, walk-in closet and private bath. This special property offers lovely views of Bogastow Brook and is set back giving you a sanctuary to retreat to. Come see all that Millis has to offer!
Open House
January 19 at 1:00 PM to 3:00 PM
Cannot make the Open Houses?
Location: 260 Ridge Street, Millis, MA 02054    Get Directions

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Categories: Open House