268A Broadway, Revere, MA 02151
617-285-0667 | dlozzi05@gmail.com



Posted by Danielle Lozzi on 7/16/2017

When you buy a home, thereís more to shop for than just the right place to live. Before you settle with a lender, you should shop around a bit. You want to be sure that your lender has your very best interests in mind when youíre in the midst of making one of the biggest purchases of your lifetime. Below, youíll find some of the most important questions that you need to ask a lender while youíre in the process of buying a home.


Do You Offer Any Special Programs?


Choosing the right lender involves choosing a firm that offers the types of programs that will be helpful to your specific situation. You should look for a lender that offers a wide array of loans to suit your needs. Beware of any lender who tries to push you into a certain type of loan, especially if you donít feel that it is a good fit for you. 


Do You Understand The Terms Of Certain Types Of Loans?


If you are seeking a certain type of loan, you probably should tell your lender that upfront. Of they seem familiar with it and have worked with the loan before, youíre in good hands. If the type of loan that youíre looking for is more uncommon, then you may need to shop around carefully for the right lender who understands your needs. 


Do I meet The Qualifications For Specific Loans?


The requirements for the same loan at two different lenders could be different. Things like your credit score could be a big factor. If you have a less than desirable credit score, this would also prompt you to want to look around a bit. You should know that different lenders have different terms and looking at a few lenders could be beneficial to you.


What Are The Mortgage Rates?


Youíll need a general ballpark idea of what rates will be for you when you finally secure that home loan. Keep in mind that rates fluctuate often and that an estimate will be just that. Itís not a number that will be set in stone, however, it will give you a good place to start as you shop around for a loan. 


Do You Help With Down Payments?


There are many down payment assistance programs available and your lender can help you to navigate them. The more you put down, the better your interest rate will be. If the amount that youíre able to put down on a home is a factor for you, definitely discuss it with your lender.


Can You Provide Pre-Approval Proof?


In hot real estate markets, youíre going to need some proof that youíre pre-approved in order to have the upper hand once you put in an offer on a home. Your lender should be able to provide your real estate agent with a certified letter of your pre-approval and the amount. 


Choosing the right lender is just as important as choosing the right realtor and the right home to buy. Itís just another part of the home buying process!




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Posted by Danielle Lozzi on 7/12/2017


240 Elm St, Everett, MA 02149

Rental

$1,950
Price

5
Rooms
2
Beds
1
Baths
2 Bedroom apartment available for immediate move in. Second floor apartment with Living Room, Dining Room and Eat in kitchen. Small Bonus room available to use as an office. 1 garage space available exclusive use for 2nd floor. High Ceilings, lots of natural sunlight. Washer Dryer hook ups in Basement, tenant to supply own. Convenient location with bus stop near by.1 side of Garage available for use. No extra storage
Open House
No scheduled Open Houses

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Tags: Everett   Real Estate   Rental   02149  
Categories: New Homes  


Posted by Danielle Lozzi on 7/9/2017

Ready to buy a home? Ultimately, you'll want to prepare for the homebuying process. By doing so, you can avoid many costly mistakes.

Believe it or not, it is easy to make mistakes as you browse the housing market. Some of the expensive mistakes that homebuyers frequently make include:

1. Overspending on a Residence

No one should be forced to overspend on a home. Unfortunately, if you fail to study the real estate market, you risk paying too much to acquire your dream house.

Remember, an informed homebuyer will be better equipped to optimize the value of his or her real estate investment than others. And if you understand the costs of properties in your area, you can avoid the temptation to overspend.

Explore the real estate market closely and assess the prices of similar houses. By doing so, you can understand the price range of homes that fall within your budget and plan accordingly.

Also, work with an experienced real estate agent. This real estate professional will help you determine how much you can spend on a home and can provide you with details about properties that match your budget.

2. Failure to Get Pre-Approved for a Mortgage

After you find your dream home, you'll need to figure out how to pay for it. And if you struggle to obtain a mortgage before you start your home search, you might miss out on the opportunity to purchase your dream residence.

Meeting with banks and credit unions prior to checking out properties is ideal. This will allow you to obtain a mortgage and search for houses that fit your price range.

Moreover, getting pre-approved for a mortgage may help you stand out in the eyes of a home seller, as he or she won't have to wait for you to secure financing to finalize a purchase agreement.

3. Lack of Realistic Expectations

As a homebuyer, it is important to understand that every house has its pros and cons. But if you fail to establish realistic expectations for the homebuying process, it may be impossible for you to find the right property at the right price.

Separating your homebuying wants from your homebuying needs is vital. If you determine exactly what you'd like to find in your dream home before you explore the real estate market, you can narrow your search and streamline the process of acquiring the perfect residence.

Furthermore, hiring a real estate agent can make a world of difference for homebuyers. Your real estate agent can keep you up to date about new homes as they become available, set up home showings and help you submit offers on residences. This real estate professional also can offer homebuying recommendations, ensuring that you can minimize the risk of homebuying mistakes.

With a real estate agent at your side, you can accelerate the process of going from homebuyer to homeowner. Collaborate with a real estate agent today, and you should have no trouble securing your ideal residence.




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Posted by Danielle Lozzi on 7/2/2017

Itís no secret that the best time to finance a home is when mortgage interest rates are low. You could save thousands of dollars over the lifetime of your mortgage if you finance at the right time. With interest rates still being low, some wonder why more people arenít refinancing their homes, especially if doing so would save them $100 or more a month on their mortgage payments.

Although low interest rates are a primary reason to consider refinancing a home, itís not the only reason. Other reasons to consider refinancing include:

  • Ready to adjust length of the loan Ė Refinancing your home could allow you to extend the number of years that you have to pay for your house, potentially lowering your monthly installments. Just be careful that you donít end up paying higher interest rates in the long term. Of course,you could also shorten the length of your loan. Generally, this option will find you paying less interest over the lifetime of your loan.
  • Moving to a fixed rate mortgage Ė Adjustable rate mortgages may start out low, but they donít always remain low. Even with a fixed rate mortgage, you could spend more on your house each month due to an increase in home owner association fees or property taxes.
  • Improved credit scores Ė Stronger credit scores could help you to get a better adjustable rate mortgage.

If youíve had your mortgage for several years, you may have paid on a good deal of the principal. Refinancing and starting with a new loan could backfire, causing you to pay more interest. If you have a lot of equity in your home but youíre struggling to stay current on your monthly mortgage payments, consider renting out a room at your house.

You could also work a part-time job, even if you work a remote job from home, until you become current in your payments. A few months of work change could save you money and headaches down the road if you only need $200 or less each month to make your mortgage. Other alternatives would be to become more energy efficient and to create and stick to a budget. Think short and long term gains.

Depending on your existing mortgage, you may or may not be charged a fee to refinance your home. Some mortgages charge a prepayment fee to refinance. Simply because youíre paying the loan off early, you could be assessed the fee. Definitely check with your lender to see if such a clause is in your mortgage contract.

Take your time shopping around for a better mortgage. Regardless of the lender that you refinance your home through, you may pay refinancing fees. Some lenders may also require you to pay for another home inspection, application fee,origination fee and closing costs. Factor in all charges and fees that you will incur if you refinance your home before you sign on the dotted line.

If your home no longer meets your familyís needs, moving to a new house might be a better option than refinancing. Another time when you might not want to refinance your home is if your kids are getting ready to start college and youíll be taking on student loans.





Posted by Danielle Lozzi on 6/25/2017

There are a lot of reasons you may want to line your house with plants. Maybe you need curb appeal to attract buyers to your home. Perhaps you have a foundation you want to cover. You could just like the piece of mind that comes with taking care of living plants. Whatever your reasons, I have the plants for you. There are a few things to keep in mind when planting around your house. Remember you should leave at least two foot between the side of your house and your plants. This may mean a little maintenance to your garden beds. There are a few reasons for this. You do not want plants rubbing up against your house and bringing moisture, animals, bugs, and general wear and tear to your siding. Pick the right plant for your house. What style are you looking for here? Depending on the style of your home, you may want a plant that compliments this. Letís talk about a few good options that will suit you, no matter what you are looking for.

  • Hydrangeas are a great pick for the front of your house. They attract the eye without being too ostentatious with their bell shaped pink and purple blooms. You will need three to five feet in height and spread to let them grow to their full potential. These are a great full plant to cover your plain or dare I say unsightly foundation.
  • Blue Angel Hostas love the shady spots of the yard, and are a great pick for the tree lined portions of your home. They like living in moist mulch as most shade plants do, and will need about 3 feet in height and 4 feet in spread. These hostas have big leaves and small stalk blooms. Hostas are perennials, which means they will come back each year and, bonus, they will continue to spread throughout the years. This may mean dividing the plant every few years. They make a great housewarming gifts for your friends and family at times like these.
  • Knockout Roses will last from the spring to the fallís first frost--perfect for continuous beauty. These roses are very low maintenance and easy to maintain. Make sure to cut these roses back in the winter and this will give them a great chance to come back healthy each spring. Knockout roses will need four feet in height and three feet in spread. There are a great choice for any home.
I know creating curb appeal can seem very daunting. It doesn't have to be with a few great choices, no matter your reason for sprucing up your yard. Remember, with a little bit of maintenance any homeowner can be a successful gardener. If you are ready to list your home, I am here to help you. Even if you are just want some attractive plant beds for years to come, I am happy to help you!




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