From my Family to Yours, Merry Christmas and Happy New Year 2019! If the New Year brings hopes of a new home into your future, please get in touch with me for exceptional Real Estate service! Together we can make that happen. Buying or Selling! I look forward to hearing from you.
Right now there are dozens of luxury homes for sale on Cape Ann and the North Shore that you may not know anything about because they are considered “off market” by zillow.com, realtor.com and the multiple listing service. These off market opportunities are available, they’re just not easy to find. Interested? Keep watching.
Prepared by McDermott & MacCarthy of Gibson Sotheby’s International Realty. Visit OffMarketGuide.com for your free Off Market Luxury Home report.
Grand Banks is looking for a talented and outgoing project manager to join our growing team. The right candidate would enjoy working with people to help them find the right building products for their project. By working with a variety of suppliers and manufacturers, we are able to consult on a wide variety of products. From there we help our customers with design ideas, product questions, quotes, and orders. We support our clients throughout their construction project, from first quote to final build and beyond. We offer a fast-paced, open work environment with great benefits for a creative, enthusiastic candidate who is willing to learn new things. You can meet our team here.
See full post here: https://www.grandbanksbp.com/pages/project-manager-position
You can tell because the sun sets at 4:00 and the morning dew on your windshield has turned to ice. The solstice may still be a few weeks away, but for all pragmatic purposes, winter has arrived. If you are surviving the cold snaps by turning up the thermostat and piling on the blankets then maybe it’s time to consider an alternative. Addressing the drafty corners that you’ve been so careful to avoid can help keep you and yours warmer when the of single digit temperatures comes rolling in.
For windows to be fully sealed, they must be closed and in the locked position. Locking your windows isn’t just to keep people from getting into your home. It helps create a weather tight seal and prevent drafts in your home.
Keep Reading: https://www.grandbanksbp.com/blogs/blog/winter-is-here
One of the most important aspect of any person’s financial profile is their credit score. This is the first thing all creditors look at when making a credit decision for an applicant. Someone’s credit score will help determine whether they will get a loan or not, and more importantly, what that loan will cost. The lower the credit score, chances are it will come with a higher interest rate. Conversely, a higher credit score is going to get someone a better and more competitive rate.
This is true when buying a home as well. Not only will a higher credit score give someone a better interest rate, but if they are putting down less than 20% for a down payment, it will also affect how much they will pay in PMI. PMI stands for Private Mortgage Insurance. If a homebuyer wants to buy a house with less than 20% down, most banks won’t make that loan. The reason is, there isn’t enough equity to pay back the bank loan if the house goes into foreclosure if there is only 5% in equity. So PMI was recreated in the 1950’s to allow homebuyers to buy a house with less than 20% downpayments (previous to that PMI existed but the industry went bankrupt after the Great Depression). PMI is commonly paid a few ways today, monthly, upfront or lender paid. You may hear that someone may not have to pay PMI with less than 20% down, but the fact is it’s Lender Paid and built into the interest rate. That interest rate being higher than paying PMI monthly. You can also pay it all at once upfront at closing, which can be up to 60% cheaper than paying it monthly if you add up all the payments over time.
PMI rates are based on just a few factors. First and most important being the credit score, second the down payment amount (also known as Loan to Value or LTV) and the last items are the type of house and how much debt that person has each month. A condo could be slightly higher in premium while higher down payments lower the PMI rates.
At the end of the day people just want the lowest possible payment, and that is going to happen with higher credit scores. Most mortgage professionals want their clients to have higher credit scores, as it makes the deals easier and cheaper for the client. If you want to learn more about your credit score, please feel free to contact me and I can provide a no cost credit report and debt to income analysis. If your credit needs to be worked on to get it higher, we can help there too.
Brandon Pratt NMLS #46922
Whether it’s family & friends or a gathering of the masses, hosting is a huge part of the holidays. Drinks play a crucial role in this, alcoholic or non. Putting a drink in the hands of your guests, even water, makes people feel more welcome. Having a bar area to serve them makes it easier for you as a host.
Fortunately for us, we are in the age of Pinterest and hand crafted cocktails are coming up in big style. From beer, wine, and manhattans to sparkling cider, ice tea, or water everybody wants something delicious to drink
Warm and inviting in the summer, our beaches can be a little rough in fall and winter. Recognize any of them?
Here’s a list of some of the ones we included:
- Cape Hedge Beach
- Niles Beach
- Good Harbor Beach
- Front Beach
- Back Beach
- Long Beach
- Marmion Beach
- Old Garden Beach
Prepared by McDermott & MacCarthy of Gibson Sotheby’s International Realty. Visit CapeAnnWaterfrontGuide.com for your free waterfront report.