Open house on 8/12/2018 at 21 Stonegate Rd Chelmsford, MA 01824


Date: 08/12/2018 Time: 1:30 PM to 3:30 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

Sparkling home drenched in sunshine , located in desirable Stonegate community. Many updates include. new wood floors throughout , renovated stylish spacious kitchen with stainless steel appliances, granite counters, tile backsplash, under cabinet lighting and gas cooking! Enjoy relaxing in your living room with stylish gas fireplace. New roof in 2017, exterior painted in 2015, Premium custom interior paint. Sliders off the kitchen opens to a good sized deck . Exterior no maintenance gutters, new blinds and wired for home security. Washer & Dryer included. Potential for more living space in the 700 sq ft of space in the basement , also included a washer and dryer. Fantastic commuter location as you are just minutes to rt 3 and 495. A must see as pride of overship prevails !

A Breakdown of the Closing Costs for Buying a Home

Closing costs are usually an unavoidable part of buying a home. While there are ways to reduce some closing costs and fees, they are an expense you will likely have to consider when it comes time to save for a home.

On average, buyers can expect to pay between 2 and 5 percent of the purchase price in closing costs and fees.

In this article, we’re going to break down those costs and talk about some ways to plan for, or limit, the fees associated with closing on a home.

A breakdown of closing costs

Most closing costs in a real estate transaction are paid for by the buyer. When getting approved for a mortgage, your lender is required to provide you with an estimate of the closing costs. This is called a “Closing Disclosure statement” which overviews the details of your loan.

Different lenders will charge varying amounts in fees. Some are even willing to waive certain fees. But, we’ll discuss that later.

For now, let’s focus on the closing costs buyers typically have to pay:

  • Attorney fees – a flat-fee or hourly rate depending on the attorney

  • Origination fees – an upfront fee charged by the lender for processing your mortgage application

  • Prepaid interest or discount points – a payment for the interest that will accrue on your mortgage from the time you close until your first mortgage payment is due

  • Home inspection fee – the fee that a professional home inspector charges to inspect a home

  • Escrow deposits – Usually split with the seller, this is the fee charged by an escrow agent

  • Recording fees – fees for legally recording the new deed and mortgage

  • Underwriting fees – fees paid to the lender for researching your mortgage case and determining whether or not to approve your application

These are just some of the many fees that can be due upon closing on a home. Depending on where you live, which lender you choose, and the type of mortgage you secure, your closing costs will vary, so it’s a good idea to shop around for a lender and mortgage type with reasonable closing costs.

Reducing closing costs

Some lenders offer no-cost, or low-cost mortgages. However, these savings often come with a higher interest rate which, over the lifespan of your loan, can cost you more in the long run.

You should also be aware of the different loan types that you may be eligible for. FHA loans, USDA loans, and VA loans are all designed for buyers hoping to make lower down payments on their home.

Each loan type provides different amounts due at closing. Fortunately, your mortgage lender will be able to give you an estimate of costs for each loan type.

Want to get an estimate of the closing costs you’ll have to pay when you buy a home? You can use this online calculator to see an average.

Single-Family – 21 Stonegate Rd Chelmsford, MA 01824 is now new to the market!

Sparkling home drenched in sunshine , located in desirable Stonegate community. Many updates include. new wood floors throughout , renovated stylish spacious kitchen with stainless steel appliances, granite counters, tile backsplash, under cabinet lighting and gas cooking! Enjoy relaxing in your living room with stylish gas fireplace. New roof in 2017, exterior painted in 2015, Premium custom interior paint. Sliders off the kitchen opens to a good sized deck . Exterior no maintenance gutters, new blinds and wired for home security. Washer & Dryer included. Potential for more living space in the 700 sq ft of space in the basement , also included a washer and dryer. Fantastic commuter location as you are just minutes to rt 3 and 495. A must see as pride of overship prevails !

This is a Colonial style home and features 6 total rooms, 1 full bath, 1 half bath, 3 bedrooms, and is currently available for $479,900.

For complete details click here.

Video Tour – Condo Home – Dracut, MA 01826 Real Estate – For Sale

Desirable third floor end unit at Tennis Plaza . Laminate flooring . Cathedral ceiling living room with sliders to a deck looks out on the pretty greens in the courtyard . Master bedroom has a window seat that offers storage and a nice place to sit looking at the woods. Manicured landscaped grounds. Furnace and AC units only 7 years old. Basement area offers your own laundry room storage and garage complete with washer and dryer . Fully applianced kitchen . FHA approved . Great location in the complex as its set in the rear overlooking the woods. Close to shopping schools and restaurants .

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