Erika Sullivan Realty Group



Posted by Erika Sullivan Realty Group on 4/24/2018


122 North Spencer Road, Spencer, MA 01562

Single-Family

$249,900
Price

5
Rooms
3
Beds
2
Baths
Rare find! This adorable ranch has so much to offer! It it located on 3.5 acres that abuts the Seven Mile River in the back. There is a detached 3-car garage with plenty of built-in storage and workshop, a huge fenced in area for pets along with a dog house! There are two other outbuildings to store your lawn mower, garden tools etc, or convert one into a playhouse! Original Custom built kitchen cabinets with solid surface counter tops. Remodeled first level bath! The lower level is partially finished with a 3rd bedroom, family room with a pool table, bath with shower and laundry. There are two sliders in the lower level that exit to the back yard.This home is also equipped with a Generator and Security system! So much potential! Don't miss out! Call for an appointment today!
Open House
No scheduled Open Houses

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Categories: New Homes  


Posted by Erika Sullivan Realty Group on 4/22/2018

Going through the process of applying for a mortgage only for your application to get denied can be a frustrating and confusing time. If youíre hoping to buy your own home in the near future, itís vital to secure financing or you risk missing out on a home that you may have been depending on getting.

In todayís post, weíre going to talk about what happens when your mortgage application is denied and what you can do to fix the problem as quickly as possible.

Determine the Cause of Denial

If your application is denied, priority number one needs to be to understand what happened. Since lenders are required to provide denied applicants with a letter explaining why they were denied, this just means reading the letter and making sure you understand all of the reasons listed.

There are a few common reasons that an application may be denied. Some of them are simple fixes, while others might require time and effort on your part that may delay your house hunt for a while.

One issue that many mortgage applicants have to handle is when their employer wonít provide proof of income to a mortgage lender. Since income verification is vital to the mortgage application process, itís important to make sure you can provide all of your income details from the last 2 years to the lender.

Sometimes there are issues with contacting employers, such as when your former place of employment goes out of business. Or, you may be a freelance or contract worker with atypical forms of income verification. Regardless, make sure you are clear with your loan officer regarding your employment history.

Other common causes for denial of an application include problems with your down payment (such as not meeting the required down payment amount) and credit history issues, such as having a lower score than you thought.

Credit score lower than expected

Itís not uncommon for a lender to run a credit check and come up with a score that is lower than you anticipated. Since scores change on a monthly basis, and since there are differences between the scores provided by the three major credit bureaus, you might find that your lender found a score slightly lower than what thought.

If the score is drastically different, however, this could be a sign of two things. First, make sure that you havenít recently made multiple credit inquiries (such as applying to several lenders who perform credit checks) or by opening new credit cards or loans. These inquiries temporarily lower your credit score.

If you havenít recently made any inquiries (other than applying for a mortgage with your lender of choice), then itís a good idea to get a detailed credit report and scrutinize it for errors. Inaccuracies on your credit report can be disputed and resolved and can give your score the boost you need to be competitive on your mortgage application.  

Choosing a different lender

While most lenders use similar criteria in determining your borrowing eligibility, there are some differences between lenders.

For example, some lenders might take on more risk by lending to someone with a lower credit score. However, they will also likely require a higher interest rate in exchange for the added risk theyíve acquired.


Now that you know your options for what to do when an application is denied, youíre well-equipped to start tackling the issue and getting back on track to becoming a homeowner.





Posted by Erika Sullivan Realty Group on 4/20/2018

This Single-Family in Shrewsbury, MA recently sold for $500,000. This Colonial style home was sold by - Erika Sullivan Realty Group.


67 Purinton St, Shrewsbury, MA 01545

Single-Family

$500,000
Price
$500,000
Sale Price

7
Rooms
3
Beds
2/1
Full/Half Baths
SPECTACULAR Is the word to describe this young colonial home tucked away in a private oasis. Beautiful stonework + paver patio greet you at the majestic entrance. One step inside and you will certainly be WOWED by the size of the rooms + impeccable condition of this home. At the center of the home you'll find an enormous, eat-in chef's kitchen w/ center island, maple cabinets, quartz counters, stainless appliances + an abundance of storage. Just steps away is a stunning family room with vaulted ceilings + wood burning fireplace. Over sized dining rm is currently used as a spacious office. Sensational master bdrm suite with large walk-in closet + spa like bath, complete with claw foot soaking tub. Other bedrooms are ample in size + beautifully decorated. Basement is waiting to be finished w/ super high ceilings. Over sized garage has plenty of additional work space. Great location just moments from the turnpike and shopping.

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Categories: Sold Homes  


Posted by Erika Sullivan Realty Group on 4/16/2018

This Single-Family in North Brookfield, MA recently sold for $181,500. This Colonial style home was sold by - Erika Sullivan Realty Group.


44 Mount Pleasant St, North Brookfield, MA 01535

Single-Family

$179,900
Price
$181,500
Sale Price

7
Rooms
3
Beds
1/1
Full/Half Baths
This beautiful home with antique charm has been completely updated and is ready for new owners! Nothing to do but move in! NEW ROOF in 2005! ELECTRICAL UPDATED in 2005! EXTRA INSULATION ADDED 2005! NEW BOILER NEW WATER HEATER 2006 (converted from oil to gas!) FULL BATH UPDATED 2008! NEW CARPET! NEW KITCHEN FLOOR! NEW GAS RANGE! Sewer pipe updated 2008. This beautiful home has many sought-after features like main floor full bath, spacious bedrooms with hardwoods, large master bedroom, large closets in each bedroom, formal dining room with built-ins and hardwood floors, all bedrooms on same floor, and an eat-in kitchen! Screened in porch perfect for warm nights. Full basement and shed in the back of the home for storage. Great lot. Quiet neighborhood within walking distance to churches, restaurants, shopping, and more! Sellers are motivated! Bring offers! Quick close!!






Categories: Sold Homes  


Posted by Erika Sullivan Realty Group on 4/15/2018


2 Lane 21, Brookfield, MA 01506

Single-Family

$454,000
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
Imagine your own lakehouse with 150 feet of private beach frontage on Quacumquasit Pond and stunning views from 3 levels of living space! This beautiful retreat offers year-round enjoyment including boating, swimming, fishing, water-skiing, ice skating, and so much more! First floor features eat-in kitchen with sliders to large deck, living room with floor-to-ceiling fireplace, full bath, and dining room (previously used as 4th bedroom.). Second floor features 2 large bedrooms including Master with beamed ceiling and lake view, spacious closets, and another full bath. Basement is finished, features a half bath and sliding door out to private patio. Stairs off the patio lead right down to the lake. Updates such as hardwood floors, roof, heating system, and central air make this a move-in ready home! One-car attached garage and shed provide additional storage solutions. Don't wait- listings on Quacumquasit Pond are rare and this won't last long.
Open House
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