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Framingham, MA Real Estate News

By Crisanna Favreau
(EXIT First Choice Professional Realty, Inc.)
There are eight delicious varieties and all are Kosher approved:Peanut Butter PattiesPeanut Butter SandwichThin MintsThanks-A-LotLemonadesShortbreadReduce Fat CartwheelsCaramel delitesDue to safety concerns, Girl Scouts are not allowed to sell cookies in neighborhoods unless they are accompanied by an adult.  This has lead to a tremendous decrease in door-to-door sales.  The EXIT Framingham office supports many community activities and is pleased to help the Girls Scouts sell cookies and raise funds for their program safely.  Join EXIT First Choice Professional Realty in supporting Girl Scout Troop #2132.  Buy your Girl Scout cookies today!  Just go to the EXIT office located at 883 Edgell Road in Framingham.  Cookies are $4.00 per box.  Please make checks payable to: GS Troop #2132.  P...
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By Crisanna Favreau
(EXIT First Choice Professional Realty, Inc.)
As a Realtor and 10-year resident of Framingham, MA I have had the privilege of learning a lot about what the Town has to offer.  It all became abundantly clear recently as a co-worker and I met with an employee of the Framingham Public Library who is establishing a Welcomers Center within the library for new residents.  She asked us, "As realtors, what would you tell someone who was new to town about Framingham?"  We spent the next 20 minutes rattling off all the wonderful things that Framingham offers.  In no particular order, below are many.  Abundance of restaurants - Too many to list.  Everything from chains to specialty and ethnic foods.Abundance of stores - Too many to list.  Everything from chains, malls, and specialty stores.Colleges - Framingham State College, Mass Bay Communi...
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By Noelle Bonczek
(Amstar Mortgage)
Formulas for investment successBy Otesa Middleton Miles • Bankrate.comIn today's market, real estate investors have to carefully analyze expenses and project revenues to make sure the numbers work in their favor before making a deal. Bankrate spoke to two seasoned investors who shared their formulas for real estate investment success.Cash-on-cash return Boaz Gilad, a New York-based investor and author of the new book "The Real Estate Millionaire: How to Invest in Rental Markets and Make a Fortune," uses a cash-on-cash-return formula to assess the investment potential of a particular property. Here's how it works:Cash-on-cash returnShortcut formula: (Cash in - cash out) / down payment = cash-on-cash return.Explanation: (Cash the property is expected to bring in annually minus annual expe...
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By Noelle Bonczek
(Amstar Mortgage)
Home Financing For Everyone No matter how badly the buyer wants to buy or the seller wants to sell there's usually no deal unless a lender provides the money. Most of the responsibility for arranging that falls on the buyer and what loan criteria they satisfy. The good news is that home financing comes in all shapes and sizes. All loans require a measure of four lending criteria. Put simply, these criteria are: collateral (the property itself), capacity (a borrower’s income), capital (down-payment and cash in the bank) and character (credit scores). A good realtor helps you with the first: finding a good investment; a desirable property. The latter three criteria are those that are most in the borrower’s court. The interesting part about obtaining financing is that a borrower doesn’t ha...
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By Noelle Bonczek
(Amstar Mortgage)
MORTGAGE MARKET UPDATE - Provided to you by Noelle Bonczek with the Zenith Advisors at Amstar Mortgage 508-634-3422 Noelle@EducatedLender.com Good NewsAmid slowing economic growth but still elevated core inflation rates, the financial markets expect mortgage interest rates to remain on hold not just this week, but through the first quarter of 2007. Experts also are beginning to say that the home-price decline has virtually ended. In fact, for the week of October 12-18th the average price for a 3-bedroom home in Framingham actually increased to $349,431, up 0.1% from the first week of the month.****Source:Trulia.com Mortgage RatesThe 30-year fixed rate this week remained at an average of 6.42 percent. The average 15-year fixed, which is a popular option for refinancing, fell to 6.125 per...
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