Posted by Competitive Edge Real Estate Services on 8/15/2019

This Single-Family in Tewksbury, MA recently sold for $419,900. This Raised Ranch style home was sold by - Competitive Edge Real Estate Services.


51 Michigan Rd, Tewksbury, MA 01876

Single-Family

$419,900
Price
$419,900
Sale Price

8
Rooms
3
Beds
1/1
Full/Half Baths
Welcome to 51 Michigan! Open concept living, dining, to private deck, kitchen with center island, maple cabinets, granite counters, hardwood flooring and new windows. 3 Bedrooms with hardwood floors, second bedroom has a half bath. Updated full bath, tub/shower tiled to ceiling, ceramic tile floor, honed travertine counter, built in vanity and storage cabinets. Finished family room in basement, laundry/utility room and walk in storage. One car garage and parking for 4 cars. Located on a dead end street. Updates include kitchen and baths, electrical panel, lighting, windows, vinyl siding, Central AC, vinyl fence, basement carpet and ceiling tiles. Private septic, seller currently pays $250 every other year to pump septic. Utility bills including heat, AC, Hot water and electric average out to $234. per month.

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Categories: Sold Homes  


Posted by Competitive Edge Real Estate Services on 8/15/2019


1428 Main, Tewksbury, MA 01876

Single-Family

$579,900
Price

8
Rooms
3
Beds
2/1
Full/Half Baths
Welcome Home to this beautiful custom built colonial located in the heart of Tewksbury. Pride of ownership shows as soon as you enter the gracious entry foyer, continue past the formal fireplaced dining room and enter open concept kitchen/family room entertaining area with additional fireplace. The second floor has the master suite, laundry and two additional bedrooms. The entire house has hardwood floors throughout, tastefully decorated with a country flair. The basement has a work space for the handy at heart and a finished area for potential exercise room, play room. You are also just in time to appreciate the private back deck and yard with it beautiful gardens and stone pathways. With its convenience to Tewksbury's many restaurants, highway access to routes 495 & 93, and proximity to both Billerica and Wilmington train stations, this home is truly one that should not be missed!
Open House
No scheduled Open Houses

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Categories: Price Change  


Posted by Competitive Edge Real Estate Services on 8/15/2019


1428 Main Street, Tewksbury, MA 01876

Commercial

$579,900
Price

1
Buildings
Industrial
Type of Comm.
43,560.00
Lot Size
Excellent opportunity to have your own in-house business. This property can be configured in many different ways with its entry foyer leading potential office space. The staircase leads to a second floor landing which would make a great reception area with its 3 private rooms and restroom directly off of it. The finished room in basement also has its own private entrance, as well as the 2 oversized garage spaces with it own private side entrance . Located directly on Route 38 gives this property easy access to routes 93 and 495 as well as Billerica train station and both Wilmington train stations. Bring your ideas! this is a property you don't want to miss out on!!!
Open House
No scheduled Open Houses

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Categories: Price Change  


Posted by Competitive Edge Real Estate Services on 8/14/2019

This Single-Family in Saugus, MA recently sold for $450,500. This Colonial style home was sold by - Competitive Edge Real Estate Services.


47 Denver Street, Saugus, MA 01906

Single-Family

$459,888
Price
$450,500
Sale Price

7
Rooms
4
Beds
1/1
Full/Half Baths
Here it is! "Picture Perfect Colonial" with all updates. Custom white cabinetry kitchen backsplash with white subway tile, granite counters and stainless steel appliances complimented with wide wood flooring opens to dining room and living room with recessed lighting as well as the recently finished wide wood flooring . The 2nd level features 2 bedrooms with the master bedroom having a custom closet for today's needs. Also there is a full size laundry room with washer/dryer that remain with the sale.The 3rd level boasts 2 more bedrooms and if you don't need the 4th then it makes for a perfect"man cave" ! All bathrooms are all updated from subway tile, complimented with glass tiles and designer vanities. The following are newer ( within 2016): windows, heating, central air ( 2 units), electrical (200 amps) , re- sanded wood flooring, kitchen, bathrooms. Open floor plan,, colors of today.... Showings begin at commuter's open house Thursday 6/6 from 5-6pm Go Bruins!

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Categories: Sold Homes  


Posted by Competitive Edge Real Estate Services on 8/13/2019

A good credit score is essential for anyone who intends to buy a house. It is difficult and almost impossible to buy a home if your credit score is far from good. Future home buyers should note that the majority of lenders won’t grant you a loan if your credit score is not up to 620. Some lenders may only consider applicants whose credit score is above 700 while others may peg their credit score requirement at 720 or 740. 

When it comes to real estate investing, there is flexibility. You can get a traditional loan even if your credit score is below the requirement. There are lots of other real estate investment options that you can consider if your credit score is sub-par. Here are some ways to invest in real estate with bad credit:

Go for a hard money loan 

 One of the options you can consider if you have a low credit score is to get a loan from a hard money lender. Hard money lenders are private individuals that issue out short term loan. You must be aware that the primary interest of this lender is to invest. So, they are not going to fund an individual who wants to buy a home to stay. 

Consider a private lender 

Another funding source to consider when you have bad credit is a private money lender. Anyone that is looking for a return on their investment can decide to give out a loan to people. Private money can come from anybody – business partner, relatives, friends, and acquaintances.

Get a partner You can decide to strike a partnership deal with someone that has a good credit score. The partnership should be mutual, and your partner could be a colleague at work, neighbor, friend, or relative.

Consider seller financing 

This strategy is ideal for properties that are wholly owned and paid off. Seller financing could be an excellent option if there is no problem with cash flow and the seller does ‘quick money' from the sale of their property.The seller becomes the bank when they finance a deal. Meaning that you have a mortgage with the person selling the house. Based on your agreement, the seller permits you to pay monthly until you clear off your debt

Look into wholesaling 

Wholesaling is another excellent way of investing in real estate when your credit score is low. The steps involved in wholesaling are:

  1. Finding a seller
  2. Look for another buyer to stand in your place 
  3. The buyer assumes all the terms and condition stated in your purchase agreement
  4. You earn an ‘assignment fee’ for your role

Talk to a local real estate agent to know what options you have in your real estate market to take advantage of regardless of your bad credit.




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