RE/MAX Town & Country



Posted by Debra & John Blanchet on 9/19/2018

The U.S. Department of Agriculture (USDA) offers multiple housing assistance programs for people hoping to achieve home ownership.

In spite of being offered by the USDA, you donít need to be a farmer or rancher of any kind to qualify for a home loan. Similarly, you donít have to buy a home miles from civilization--many popular, thickly-settled suburbs across the country also qualify for USDA programs.

In this article, weíre going to explain the different programs offered by the USDA, how to check your eligibility, how to find out which locations qualify, and how to get started with a loan.

USDA Assistance Programs

The USDA offers two types of home loans for prospective buyers. The direct program, or Section 502 Direct Loan Program, is designed to help low-income persons to acquire safe, affordable housing. The assistance for this loan comes in the form of a subsidy that can be applied directly to the applicantís mortgage, reducing monthly mortgage payments for a certain period of time.

Another type of home loan offered by the USDA is the Single Family Home Guarantee. Much like an FHA or first-time homeownerís loan, this type of mortgage is insured by the government. As a result, buyers can often qualify for lower interest rates and smaller down payments from their lenders.

Guarantees may be applied towards the purchase, rebuilding, or building of a rural home as an incentive to developing rural areas. Later, weíll talk about what is considered ďrural.Ē

Outside of help with buying homes, the USDA also provides grants and loans for repairing and modernizing rural homes.

Who is eligible for USDA mortgage assistance?

In general, those applying for USDA assistance must meet certain criteria. Applicants must meet income eligibility, be a U.S. citizen or qualified noncitizen, and must purchase a qualifying property.

For the Direct loan program, applicants must be without safe or sanitary housing and be unable to secure housing through other means. Whereas for USDA guaranteed loans, applicants need only fall under the maximum income limit.

To find out if youíre eligible immediately, fill out an eligibility form from the USDA.

How do I know which houses qualify?

Generally speaking, homes located within large, metropolitan cities wonít qualify for USDA loans. However, suburbs just outside of some larger cities often do. For example, towns located just a half hourís drive outside of Boston have a good chance of being eligible.

To view the map of property eligibility, simply fill out the online eligibility form.

How Do I Get Started?

If youíre seeking a direct loan, youíll have to contact your local Rural Development office. Applications for a direct loan are accepted year-round and are awarded based on funding availability.

For people looking for a private loan guaranteed by the USDA, applicants should contact an approved lender in the area. The lender will then work with the USDA loan specialist in your state.




Tags: Mortgage   home loans   USDA Loans  
Categories: mortgage   home loans   USDA loans  


Posted by Debra & John Blanchet on 9/12/2018

There are plenty of ways to make your home more organized. Whether you have a large house or some problems with cramped spaces, your home has plenty of room to give. The key is that you just need to know how to use it. Read on for some tips on how to make the most of the space your home has to offer. 


Make Everything Easy To Find


The more accessible the things in your home are, the easier it will be to stay organized. If you have kids, this accessibility will be even more critical. Make sure that the items everyone uses daily have a place. Toy boxes, dressers for clothes, and places for coats and shoes are crucial for smooth organization. 


Find The Right Storage Container


You need to make sure that you have the right containers for the right things. Without these tools, organization becomes increasingly difficult. Shop around and do some research before you decide on exactly what you want to use to store things in. 


Organization Doesnít Have To Be Ugly


Itís much easier to stay organized if you donít mind looking at your home. The whole reason you want to stay organized is that the less chaos there is, the less stressed you feel. Organizers donít need to be cold and regimented. Make sure that any organizing units match your color scheme and themes. 


Electronics Get In The Way


All of the gadgets we have these days can overtake our homes. Cords, phones, chargers, video game systems, and more can really take up space in a home. Anything that you frequently use should be in open top containers, so everything can be easily spotted. Anything that you use less often can be hidden behind closed doors or in a drawer. 


Think By Function


The easiest way to organize anything is to think about the functionality of items. If you make coffee every morning, for example, you may want to keep a coffee corner. You can keep coffee in the cabinet along with sugar or other essentials. In the drawer below where the coffee pot is placed on the counter, you can keep filters, stirrers, and more coffee essentials. If things are functional and flowing in your home, youíre getting close to organization nirvana!  


Declutter Often


If you have a daily routine to put things back where they came from, clutter will never overtake you! Simple things can help you to stay ahead of a big mess. Some idea for your routine can include:


Straightening furniture

Clearing countertops

Throwing away junk mail

Putting away shoes


All of these quick tasks can make a big difference on a daily basis over time! 




Categories: Cleaning   cleaning tips  


Posted by Debra & John Blanchet on 9/5/2018

This Single-Family in Providence, RI recently sold for $249,000. This cape style home was sold by Debra & John Blanchet - RE/MAX Town & Country.


39 Walton ST, Providence RI, 02908

Single-Family

$249,000
Price
$249,000
Sale Price

3
Beds Total
6
Numberof Rooms
2
Baths
Wonderful Three Bedroom, Two Bathroom Cape Located in Elmhurst. Features Include; Hardwood Floors, High Ceilings, Replacement Windows, Eat-in Kitchen, Formal Dining Room, Formal Living Room. Fenced Yard with a Two Car Garage. Call Today!

Similar Properties





Categories: Sold Homes  


Posted by Debra & John Blanchet on 9/5/2018

If a seller is motivated and your offer is the only one that comes in on a home for sale, you may have an easy time getting the home of your dreams. If there are multiple offers on a property, itís a different story. 


If thereís competition, itís simple math that your odds in favor of you getting the home are reduced. You need something that will grab the sellerís attention. Writing an offer letter can be just what you need to sway the decision in your direction. Even if your offer is less than what other people have put on the table, an offer letter is a perfect way to get the attention of the seller.


What To Include


You may wonder what you should include in an offer letter. Youíre charming the sellers in a way, but also giving them an opportunity to get to know you. If someone has lived in a home that they have loved for a long time, theyíll be happier knowing the next occupants will be just as happy living on the property.


What Do You Like About The Property?


You should include a lot of positive things involving the property and your ability to care for and maintain it. Tell the seller about the features you most love about the house. You should let the seller know that they hard work they have done over the years has paid off and you appreciate it. Do you like the skylights? Does a remodeled kitchen get your attention? Is the deck a great feature for you to entertain on? Let the seller know any and everything that enticed you to put an offer on the property in the first place. 


Share Some Of Your Life


You donít have to get overly personal or mushy, but you should include a bit about yourself and why you chose this property among the many you have seen. Maybe you grew up in the neighborhood. Maybe the home is perfect for your expanding family. Whatever the reason is for you to want this particular house you need to let the seller know. 


In addition to personal details, you can include a pre-qualification letter, demonstrating your ability to afford the home. This helps sellers to feel comfortable with your financial background and continued upkeep of the property.  



What Not To Include


While your plans for a property may be grandiose in your mind, donít tell a seller what you plan to do with the proeprty in your offer letter. Itís nice that you want to update the kitchen, or re-do the bathrooms. Itís an insult of sorts to the seller so just omit these items. Keep your offer letter positive and brief and you may be well on your way to securing the property of your dreams.       




Tags: offer letter  


Posted by Debra & John Blanchet on 8/29/2018

With closing day rapidly approaching, you're almost to the finish line of your home purchase. However, before you complete your home purchase, you will need to conduct a final walk-through of the property.

Ultimately, a final walk-through offers a valuable opportunity to identify any last-minute problems with a residence. If you encounter any issues during a final walk-through, you can ensure that the seller can correct these problems prior to a home closing.

Preparing for a final walk-through is key. Lucky for you, we're here to help you get ready for a final walk-through so that you can complete a successful home purchase.

Now, let's take a look at three tips to help you prep for a final walk-through.

1. Avoid a Closing Day Walk-Through

When it comes to a final walk-through, it pays to be cautious. Thus, you should give yourself plenty of time to set up a final walk-through. This will allow you to avoid the dangers associated with finding home problems on the same day as a house closing.

Try to schedule your final walk-through at least a few days before you close on a residence. That way, if you discover problems with a house, you can ask the seller to respond to these issues and reduce the risk of a home closing delay.

2. Keep an Eye Out for the Seller's Leftover Belongings

A final walk-through gives you an opportunity to view a house that is virtually empty. But if you find that a seller has left behind various belongings, you should not hesitate to ask the seller to remove his or her possessions.

Furthermore, a home seller should leave a house in "broom-swept" condition; this means a home's walls, floors and other surfaces should be dust- and dirt-free. If you find trash and other debris in a home, you can ask the seller to clean the property.

3. Be Ready to Test All Appliances

A homebuyer may acquire a refrigerator, washer, dryer and other appliances as part of a home purchase. These items often are expensive to replace, and as such, you'll want to make sure they work properly during a final walk-through.

If an appliance does not perform as required, you have the right to request that the seller repair or replace the appliance. Or, you may be able to receive financial compensation for the defective appliance.

When it comes to prepping for a final walk-through, there is no reason to work alone. Fortunately, if you collaborate with an expert real estate agent, you can receive plenty of support in the days leading up to a home closing.

In addition to providing homebuying assistance, a top-notch real estate agent is happy to attend a final walk-through. By doing so, this housing market professional can help you identify any potential home problems and resolve such issues as quickly as possible.

Plan ahead for a final walk-through, and you can avoid the risk of discovering assorted home problems after you close on a residence.







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