OUR CAPE COD HOMES TEAM - EXIT Cape Realty



Posted by OUR CAPE COD HOMES TEAM on 10/17/2017

New England is known for its beautiful homes, food and history. Men and women who played a role in the early development of the United States are celebrated by residents and visitors to New England. Some led the way to social, political, academic, business,arts or literary advancements.

However, the regions early founders are not the only women and men who made an impact on America’s history whether that history be made during the country’s formative or more recently. Check out this list of famous people who were either born or lived in New England.

New England Homeowners and Residents Make Huge Advancements for America

As one of America’s founders, Benjamin Franklin was born in Boston, Massachusetts on January 17, 1706. Throughout his career,he served in various capacities including as President of Philadelphia and postmaster general. He may be more widely known for his scientific discoveries with meteorology and electricity.

Born in Framingham, Massachusetts in 1723, Crispus Attucks is widely recognized as the first American casualty of the American Revolution,also referred to the as the Boston Massacre. Discussions that center on the American Revolution often lead to Crispus Attucks and the role that he played in America's early history.

Calvin Coolidge served as the 30th President of the United States. Prior to becoming President, this Vermont native worked as an attorney. He attended Amherst College and spent his early adult years in Northampton, Massachusetts. New England remains an area that has a significant impact on America's political landscape, particularly when it comes to presidential elections.

Emily Dickinson’s writings were discovered nearly by accident. A graduate of Amherst College, Emily Dickinson preferred to keep to herself. She wrote well over 1,600 poems, but only published a few of them on her own. It was her sister who took the steps to get Emily’s many poems in print. Today, you'd be hard pressed to find a serious American poet who hasn't heard of Emily Dickinson.

Similar to Emily Dickinson, Sylvia Plath is a poet who hails from New England. Birthplace for Sylvia Plath is Boston,Massachusetts. She grew up in the same area that the St. Thomas Aquinas Church is located in. In addition to influencing poetry, Sylvia Plath has served as a voice for people struggling to fit in the world.

Frederick Douglass was born in February 1818. He is among America’s most impactful abolitionist. Although Frederick Douglass was born in Maryland, he spent a portion of his adult years in New Bedford, Massachusetts. He taught himself to read and write and was a key to the success of the Underground Railroad.

George W.Bush, Barbara Walters, Adam Sandler, Donna Summer, Katharine Hepburn, Ralph Nader and Stephen King are among New England’s modern day residents. Their influence spans across media, comedy, politics and the arts.

People from New England have left an indelible mark on America’s landscape. Many of them lived in the area at a time when historic Georgian, Cape Cod and Victorian homes were in vogue. Some homes like the Sarah Orne Jewett House and the Quincy House are national treasures, reflecting interior and exterior home designs that continue to inspire great appreciation.





Posted by OUR CAPE COD HOMES TEAM on 10/10/2017

For most college students and recent grads, the prospect of buying a home seems slim and distant. With the cost of a college education growing each year and the price of houses inflating, it can seem daunting to begin to save for a down payment or build credit.

 However, there are ways to start planning now for buying a home, even if you are burdened with student debt and rising rent.

 In this article, we’re going to do just that. If you’re a recent grad or a current college student, read on for a guide to buying a home.

What do you need to buy a home

Once you graduate college you might be wishing you could have taken an elective called “How to Be an Adult 101.” There are many personal finance problems in life that just aren’t taught in school, from saving for retirement, to borrowing for a house or car, to investing in stocks and bonds.

So, what are the main things you’ll need to buy a home? Before you start applying for mortgages, you should know that just because you can get approved doesn’t mean you should buy a home.

Purchasing a home is a huge investment and one that most homeowners take decades to pay off. With high interest rates and private mortgage insurance (PMI), the cost of owning a home can be immense.

To avoid PMI and get a good interest rate, you’ll need a few things.

Credit score

Your credit score is one thing that lenders take into consideration when determining how risky it is to lend to you. They want to know that they’ll receive a return on their investment and that you won’t stop paying your mortgage. A good way to gauge this is by looking at your financial history.

Your credit score mainly takes into account the following five things:

  1. Payment history - 35%: Do you pay your bills (utilities, loans, etc.) on time each month?

  2. Credit usage - 30%: How much of your maximum credit have you used? If you max out your cards this can reflect poorly on your ability to manage money. However, if you don’t use any accounts you might have a hard time building a payment history.

  3. Length of credit history - 15%: The longer you’ve been paying bills the more trustworthy you are to lenders

  4. New credit - 10%: If you recently opened or attempted to open cards this will temporarily lower your credit score as it could be a sign of financial duress

  5. Types of credit - 10%: store accounts, credit cards, loans, etc. Having a variety of credit types will boost your score.

Having student loans as a college graduate can often give your credit score a leg up on others who don’t have a credit history. However, to boost your score you’ll want to keep making on-time payments and consider using a credit card if you can afford it.

Employment history

Most recent college grads cringe when they hear that their employment history is important to lenders. However, you might be pleased to know that being a full-time student is something lenders take into consideration.

They will, however, need to see employment history from your current employer, and the more you can prove that you have a stable job the better.

Down payment

One of the most important things you can do right now is to save for a down payment. Designate a portion of your paycheck each week to a separate savings account if you need to in order to hold yourself accountable. The bigger down payment you can make, the better your interest rate and the more money you’ll save over the length of your mortgage.

Finally, don’t let increases in your salary change your lifestyle. Staying frugal will help you avoid “lifestyle inflation” or spending more simply because you make more. Decide what you value, and choose purchases wisely.




Tags: College   home buying  
Categories: Uncategorized  


Posted by OUR CAPE COD HOMES TEAM on 10/3/2017

Employing a real estate agent offers an ideal first step for those who want to buy the perfect residence, and for good reason.

With a real estate agent at your disposal, you'll be better equipped than other homebuyers to find a wonderful house at a price that matches your budget. Plus, your real estate agent will be able to help you navigate each stage of the homebuying process.

What should you expect after you hire a real estate agent? Here are three things that will happen:

1. You'll narrow your home search.

What are you looking for in the perfect house? Ultimately, you'll need to narrow your home search to ensure that you can discover your dream residence without delay.

Luckily, your real estate agent will allocate the necessary time and resources to help you narrow your home search. By doing so, you'll be able to move one step closer to finding a first-rate home that you can enjoy years to come.

2. You'll visit a wide range of high-quality houses.

Your real estate agent will set up home showings and keep you up to date about open houses in your area. That way, you can stay on top of the housing market, browse a broad array of top-notch residences and find one that suits you perfectly.

As you browse houses, don't forget to provide your real estate agent with questions. This will enable you to make a more informed decision about how to proceed following a home showing or open house.

Furthermore, your real estate agent wants feedback to guarantee that you can explore houses that correspond to your lifestyle and budget. And if you view a home that fails to meet your criteria, let your real estate agent know immediately. This will make it easier for your real estate agent to find houses that meet or exceed your expectations, and as a result, may help you accelerate the homebuying process.

3. You'll submit your first offer on a home.

If you've reviewed a variety of houses and find a residence that you would like to purchase, now is the perfect time to submit an offer.

Your real estate agent will offer recommendations to ensure that you can submit a competitive offer on a house. In addition, this real estate professional can provide details about how long a home has been available, if a home seller has lowered the price of a residence recently and other factors that may impact your initial proposal.

Submitting an offer on a house can be stressful, but you can always reach out to your real estate agent for support. Your real estate agent will keep you up to date about whether a home seller accepts, rejects or counters your offer. And if you receive a "Yes," your real estate agent can help you take the next step toward acquiring your dream home.

Before you begin a home search, hire a real estate agent – you'll be happy you did. A real estate agent can simplify the homebuying process and help you achieve your homeownership dreams.




Tags: Buying a home  
Categories: Uncategorized  


Posted by OUR CAPE COD HOMES TEAM on 9/26/2017

Are you getting ready to sell your home? Before you add your residence to the real estate market, you may want to consider completing various home improvement projects. With home improvements, you'll be able to enhance the appearance and quality of your residence. Furthermore, home improvement projects can help you boost your home's value as well as increase your chances of starting a bidding war among prospective homebuyers who are vying for your house. But are home improvement projects worth your time? Ultimately, there are several factors to consider before you embark on a home improvement project, including: 1. Cost Home improvement projects can vary from simple touch-ups to massive overhauls. As such, the costs associated with these projects can range from minimal to excessive. Develop a budget and assess your home's value prior to beginning home improvement projects. This will give you a better idea about how much it will cost to complete numerous repair and maintenance tasks, along with how these jobs can help improve the value of your residence. It is important to note that cost always will be a consideration for homebuyers, too. As a result, you'll want to do whatever you can to ensure that homebuyers see your home as an attractive, cost-effective choice. No homebuyer wants to purchase a "money pit," i.e. a home that will require lots of money to repair and maintain. But if you devote the necessary time and resources to complete essential home improvement tasks, you may be able to enhance your home's value and make it a viable option for a large group of prospective homebuyers. 2. Time Home sellers surely want to find interested homebuyers as quickly as possible. Conversely, home improvement projects may require days, weeks or even months to complete. And in some cases, you might only be able to complete home improvement projects in warmer temperatures. Consider the amount of time it will take you to fix problems across your home. Also, be sure to budget your time accordingly to ensure you are able to complete all of your home improvement tasks to the best of your ability consistently. This will ensure that you can avoid the temptation to take shortcuts and can work toward completing effective improvements without delay. 3. Curb Appeal Maximizing your home's curb appeal, aka how it is viewed by prospective homebuyers when they see it for the first time, is crucial. And for home sellers who want to generate interest in their residences, completing home improvement projects can help enhance a home's curb appeal instantly. Many homebuyers want high-quality homes that require minimal repairs, and home sellers who perform minor home improvements like replacing old siding or eliminating high grass and weeds on the front lawn can make their residences more attractive. These improvements will bolster a home's curb appeal and may increase a home seller's chances of a fast sale as well. When it comes to selling your home, you should consider the value of home improvement projects. Finishing these tasks can make it easier to improve the appearance and quality of your house and make it more appealing to a broad range of homebuyers.





Posted by OUR CAPE COD HOMES TEAM on 9/19/2017

Find the right home and you could enjoy years of living at a beautiful, peaceful property. You might even get married at your house and start and raise a family. By the time they are your current age, your children may feel and think of your home as one of the safest, most inviting places on earth.

Here are 3 things that could tank your mortgage

That's if everything goes right. Those or other housing advantages may not be possible if  you make the below three mortgage mistakes. A clear goal, discipline and focus could help you to stay free of these mortgage mistakes:

Hiding financials from potential lenders - Top mortgage lenders will vet your home loan application thoroughly. They will check your credit history, current credit rating, tax returns and income, including income from part-time or contractor jobs. Outstanding debts that you currently have will also be reviewed. Yet, those thorough financial checks may not reveal the full details of your financial portfolio. For example, money that you owe a relative or friend may not show up during the reviews, even if you owe a relative or friend thousands of dollars. The fact that you know that you're planning on taking out another loan after you get approved for a mortgage also won't show up. Keeping these types of financial details a secret could help you to secure a home loan. Hiding financials from lenders could also cause you to take on more debt than you can handle. When you first move into your new home it might feel like a win. Months or years later, it could feel like one of the worst decisions you've ever made, especially if you start falling two or more months  behind in your mortgage payments.

Securing a home loan with the wrong lender  - There are several drawbacks to securing a home loan with the wrong lender. The lender may not be solvent and you could lose money on court fees should you challenge the home loan contractual language. Employees at the company may also not get fully vetted, putting you at risk of identity theft. You could also get involved with a company that's involved with illegal money schemes like money laundering or Ponzi schemes. Worst, the company that gives you a home loan might not actually have the funds to cover the cost of the loan.

Paying more for property than it's worth - Admittedly, houses are one of the more expensive purchases that you will make. But, that doesn't mean that you should pay as much as a seller is asking for a house. Buy a house that's over valued and you could end up losing thousands, even if you are able to sell the house to another buyer.

Assess homeownership over the long term

Even if you're diligent during the house hunting, closing and house buying processes, you could still fall prey to one or more mortgage mistakes. It's one of the reasons why owning and maintaining a house smartly is an ongoing effort. The good news is that you don't have to stay in a house for decades to benefit from the type of forethought that puts you in position to avoid the three mortgage mistakes.




Tags: mortgage  
Categories: Uncategorized