Summer will be here before we know it! Are you still thinking about a vacation on Cape Cod this year? There are still available weeks at these great vacation rentals. Whether you are looking for a cottage for a couple’s getaway or a large home to host your whole family we have a home that will fit your needs.
This sweet shingled cottage is perfect for an easy summer getaway to the Outer Cape. The cottage offers air conditioning, a bright living area with a cathedral ceiling which includes the living room, dining area and full kitchen (note there is no dishwasher) plus a bedroom with a double bed. Full bath with shower. The front deck has casual furniture and enjoys the afternoon sun. There are laundry facilities on the property which encompasses 1.82 landscaped acres. Noons Landing on the Bay is 1.2 miles and Head of the Meadow beach on the Atlantic is 2.2 miles, easy drive to Provincetown or hop on the shuttle bus. Parking for two cars.
Sunny 2-bedroom contemporary with a nice large deck overlooking a very serene wooded setting. Deck has table, chairs and umbrella, casual chairs and a gas grill. The main level has an open floor plan encompassing a fully applianced kitchen (all new August 2019) featuring gas stove, dining area plus the living room has comfy couches and oversized chairs, flat screen TV and direct access to the deck by glass door. Top level bedroom with king bed and ensuite bath with skylight, slider opens to a small second level deck. The garden level with a queen bedroom with full bath; opens to the back yard. Convenient laundry room on this level. This is quiet Truro yet close to beaches, Castle Hill Center for the Arts and the village center. A spiral staircase goes up the top bedroom or down to the second bedroom – the passive solar design allows for great air to circulation with its’ large ceiling fan. There is an enclosed outdoor shower. Short walk down to the village green where there’s a Farmers Market on Monday mornings; Castle Hill Center for the Arts is nearby along with the Pamet River for swimming, kayaking or canoeing. If you’re looking for a quiet Truro retreat, this is nicely affordable and just might be it!
Deeded Beach access! Privacy abounds in this 3,300 square foot sunlit home which is very privately situated on a quiet street. Expansive main living level boasts a living room, dining room, kitchen and den with windows galore and doors right out to the deck, yard and fascinating fish pond. Additionally, there is a bedroom with twin beds, separate bath plus easy access to the enclosed outdoor shower. More views from the upper level which has three more bedrooms. One bedroom offers sleeping for 4 (2 beds) with a bath across the hall, one is a queen suite that opens to deck. The third is a lovely master suite with king bed, sitting area, large bath with shower and separate soaking tub. The bedroom opens to the upper deck which offers spiral stairs to the roof deck. Great place to enjoy the end of the day and for star gazing. Handy laundry room on this level. The property offers central air, plenty of furniture for dining and relaxing on all three decks, gas grille, beach chairs and beach towels for all. Walk down the road to the association stairway leading to the sandy beach. Short drive to Highland Links overlooking the Atlantic and Provincetown.
This is just a terrific one of a kind home boasting a massive open floor plan with 3600 square feet of living space in addition to unobstructed bay views from all but one room. Nicely located overlooking a dell in the Twine Fields of North Truro, this property welcomes your pets. Deeded beach rights to the private beach is a 5-minute walk. Beach chairs, coolers, umbrellas, and towels provided for guests. Rent the house next door and you have room for 26, rent the house two doors away and you have room for 8 additional people! Discover incredible privacy yet once you enter the views are clear across Cape Cod Bay to the Sagamore bridge; love the massive 20×20 rooftop deck with couch and gas fire pit plus you see Long Point Lighthouse (tip of Cape Cod) and Provincetown in the forefront of every sunset! On a clear night, you feel as if you can just reach up and touch the Milky Way. Light-filled open floor plan on the main level encompasses the spacious kitchen offers a peninsula counter with seating, dining area, living with 75-inch TV and 20 x 20 sunroom with skylights and windows surrounding the entire room. The dining room table is custom built with handsome Moroccan tile table top and seating for 20 plus. Additionally, this level has a handicap accessible room on the main floor with king size bed, desk, 45” TV, private bath with curbless shower, bench, bars, sink, toilet, and desk. On the second level, there is a private master suite with its own entrance, 8×8 walk-in shower with skylights that open as if your showering outside.
Don’t procrastinate!! Our homes are booking up quickly! Call our rental staff today at 508-349-2600 for more information on these or any of the other houses in our inventory or visit our website at www.thomasdbrown.com/rentals. Spend your Summer with us on Cape Cod!
Truro Treasures is right around the corner! Join us September 22-24th for a fun filled weekend. Check out the schedule of events below:
Dan Sanders Presentation on Shipwrecks
Highland House Museum
Highland Light Road, North Truro
KICK-OFF EVENT COCKTAIL PARTY
Whitman House Restaurant
Route 6, North Truro
SILENT ART AUCTION
Truro Treasures is excited to announce that Truro Center for the Arts at Castle Hill is hosting our Silent Art Auction.
10 Meetinghouse Road Truro
Saturday, September 23 from 10 am to 4 pm
Silent bids will begin to close at 3:30 pm
If you would like to submit a piece of art for the auction, please complete and submit our Art Auction Form below.
Please note: Art submission deadline is 3:00 pm on September 15
Please contact: Kristen Roberts 207-632-1217 [email protected]
INFORMATION FOR ARTISTS:
Please consider participating in our Auction by either donating a piece of your artwork, or you may decide to take a commission of up to 50% of the selling price.
If you have any questions or can think of other artists or collectors who may be interested in participating, please contact: Kristen Roberts at 207-632-1217 [email protected]
We are really looking forward to this event and know it will be a great success with your support.
Your artwork must be framed and ready to hang. If you are unable to drop off your art by September 15, please call and we will arrange a pick-up.
Proceeds to benefit local non-profit organizations.
PAST ARTISTS INCLUDE:
Robert Cardinal, John Dowd, Steven Kennedy, Joyce Johnson, Rosalie Nadeau, Joyce Zavorskas, Jane Eccles, Michael Spreos, Hal McIntosh, Cid Bolduc, Karol Wyckoff, Judy Schmitt, Sarah Fielding Gunn, Del Filardi, Michael Davis, Milton Wright, Pati Duval, Nancy Silva, Jenifer Cogswell, TJ Walton and more…
ARTS & CRAFTS FAIR AND FLEA MARKET
Saturday & Sunday, September 23 & 24
Truro Central School, Front Lawn, Route 6
Market Hours: Saturday, 10am-4pm ~ Sunday, 10am-3pm
Set-Up 8:30am ~ Booth Space is 10’x10′
Set Up Time: 8:30 to 10 am
Hours: Saturday, 10 am to 4 pm, until 3pm on Sunday
SPACE IS LIMITED – PLEASE RESERVE AS SOON AS POSSIBLE.
FIRST COME, FIRST RESERVED.
FINAL DEADLINE IS SEPTEMBER 15th.
Price per space: $50 per day ($70 for both days)
Booth Space is 10’x10′
You provide your own tent, tables, chairs or whatever you need to display your wares. Your space will be assigned to you.
Tents must be weighed down. Stakes are NOT allowed in the ground because of the school’s sprinkler system.
Once you unload your wares from your vehicles, Please move your vehicle to the upper back lot of the school. This allows more space for the shoppers. Tent space area must be cleaned and all debris removed from around each space/ground.
School rules prohibit smoking on any part of the school property.
Good luck for great sales!
For Arts & Crafts please contact: [email protected]
For Flea Market
Please call Steve Cove at 508-487-4096 or 508-951-7064
ANTIQUE & CLASSIC CAR SHOW
Sunday, September 24, 11am-2pm
Truro Community Center
North Truro on Library Lane,
Route 6 to Standish Way, left on Library Lane
For more information, please contact
John O’Brien at 617-733-5183
All proceeds benefit local non-profit organizations.
2016 CAR SHOW WINNERS:
People’s Choice 1956 Chevrolet Corvette Owners Paul and Susan Messina (Wellfleet)
Best Antique 1946 Ford Eastham Fire Truck Brought by Dave Read (Eastham)
Best of the 50’s 1955 Chevrolet Bel Air Owner Tom Keane (Plymouth)
Best of the 60’s 1967 Sunbeam Tiger MKIA Owner Bob Bishop (Dennis)
Best of the 70’s 1970 Dodge Challenger Owner Jeffrey Johnson (Brewster)
Best of the 80’s to Present 2004 Chevrolet Super Sport Owner Armand “Buck” Normandy (Eastham)
Most Unique 1935 Plymouth Owner Erik Johnson (Brewster)
1st Place Motorcycle 2006 Chopper designed by Fearless Chopper LLC Owner Shane Burhoe (North Truro)
Sunday, September 24
8:15am Registration at Pamet Harbor Parking Lot
9:00am Start ~ Finish at Ballston Beach
For information on the event, please contact:
Gerard Smith at 508-246-4553 or Tom Bow at 860-888-9047
Tshirts for the first 75 registrants have been generously provided by Savory & The Sweet Escape, Route 6, Truro
Click HERE to be directed to their Facebook page
Truro Treasures is pleased to announce the winners of the 2016 5K Pamet Run!
Congratulations to all runners!!
First Place Men Overall: Joe Fischel – 17m 50s
First Place Female Overall: Karie McCully – 21m 27s
Please see below for a list of all participants. Click HERE for a printable pdf file of all participants and times.
LOWER CAPE AMBULANCE GOLF TOURNAMENT
Sunday, September 24
Start time is 11:00am
Historic Highland Links
10 Highland Lighthouse Road
Tournament Entry Deadline: Friday, September 22, 3pm
Entry fee: $500 per team/ $125 per person.
For information on the event:
Steve Roderick 508-487-1733 [email protected]
GRAPE STOMP AT TRURO VINEYARDS
Grape Stomp & Music Fest at Truro Vineyards & South Hollow Spirits
11 Shore Road, North Truro
Live music, cocktails, wines by the glass, and delicious food.
FREE admission and parking. Blackfish food truck will be open!
Join us for the Truro Treasures weekend closing party that has become the event of the season! Bring your beach chairs and blankets and sip away, and enjoy live music from 2pm-6pm. Get your dancing shoes (or bare feet) ready!
The annual Grape Stomp will begin at approximately 3pm, with the children going in first. We hope to see you there!
Last tour and tasting are both at 1pm. Music starts at 2pm
Sunday, September 24
Truro Central School
Show: 11am to 12noon
Bring your dog (on a leash, please) to the school to compete for treats in lots of fun categories!
For more information or questions, please contact
Marian Averback at 508-214-0066
2016 Dog Show Coordinator: Marian Averback. Judges: Amanda Reed, Rachael Sokolowski, Andy Snow
Prizes donated by Paws an Whiskers in Provincetown.
Whether you are looking for a summer cottage or a year round home, there are several properties on the market that can suit your needs! Today we wanted to share just a few!
Listed at only $199,000 this Southwind Cottage Condominium is a must see! Southwind Court Condominiums, new to the market and totally renovated. Bay and ocean beaches nearby. On shuttle bus route to Provincetown. Excellent rental potential. Coin operated laundry on site. Exclusive use areas. Two deeded parking spaces. Easy to show.
At the other end of the spectrum is the property listed at Old Outermost Rd in Truro. One word describes this home: Privacy, privacy, privacy! This spectacular site of 3.55 acres overlooks the Atlantic Ocean and is within the Cape Cod National Seashore. The 1662 SF home features open living on the first level, fully equipped kitchen and full bath. Amazing views from the second level with far reaching sights to the North, East Southeast from the two bedrooms and family room. Full basement with inside access. The privacy and tranquility of this unusual location are unmatched. From your decks you can watch fishing and lobster boats all the way to the horizon, whales breach and the sunrises look like sunsets. Birds and small animals everywhere, nature at it’s best. Take advantage of your proximity to Provincetown to enjoy shopping, fine dining, and entertainment. Use this wonderful home as-is or create your own private estate! Listed at $2,600,000 call today to see this extraordinary home!
This Wellfleet home would make a great primary residence or Summer home! Listed at $699,000 it won’t last long! Lots of privacy, steps from Long Pond and a 1.92-acre parcel in the Cape Cod National Seashore with close proximity to Cahoon Hollow Beach. The expansive four-bedroom home features an oversized living room, large kitchen, family room and master bedroom, cathedral and beamed ceilings, fireplace, gorgeous wood floors, and skylights. The home has been well maintained and enjoys a serene setting with incredible potential for further expansion. Enjoy easy access to the Wellfleet ponds, ocean beaches, and village from this special property.
This Provincetown condo is a beautiful unit. This condo lives and feels like a single family home. Private and quiet with a great farmers porch entry. Bright and open living plan with gas fireplace and a screened porch surrounded by mature gardens. The kitchen has stainless steel appliances and granite counter tops. Upstairs are two nicely sized bedrooms with multiple windows and skylights and an over sized full bath. A large unfinished basement with access to the outside and washer and dryer is an added bonus.There is a central vacuum, air conditioning and 2 parking places. This Provincetown Gem is listed at $735,000
For details on these or any other properties that are currently on the market call Nick or Lucy at Thomas D. Brown Real Estate today! We look forward to helping you find the perfect home for your needs!
Privacy, privacy, privacy! This spectacular site of 3.55 acres overlooks the Atlantic Ocean and is within the Cape Cod National Seashore. The 1662 SF home features open living on the first level, fully equipped kitchen and full bath. Amazing views from the second level with far reaching sights to the North, East Southeast from the two bedrooms and family room. Full basement with inside access. The privacy and tranquility of this unusual location are unmatched. From your decks you can watch fishing and lobster boats all the way to the horizon, whales breach and the sunrises look like sunsets. Birds and small animals everywhere, nature at it’s best. Take advantage of your proximity to Provincetown to enjoy shopping, fine dining and entertainment. Use this wonderful home as-is or create your dream estate! Ask about the Old Outermost Rd house today!
2.12 Acres available in Truro! South Truro Estate Sized Lot! New to market. Owner has plans for a Mid-Century modern design similar to Frank Lloyd Wright, The Pugh House. Area of $1,000,00+ homes. Nature at your front and back door. Site plan and Title 5 plan available. One mile to Corn Hill Beach on Cape Cod Bay. Multi-generational property with a compound a real possibility. Ask about 102 Castle Rd today!
This well-maintained property boasts a 3 bedroom year round home and a freestanding one-bedroom cottage. Enjoy the absolutely beautiful, serene Zen garden created by WA Landscapes! Ask about this Friendship Way property today!
Call Nick or Lucy today for all the details about these great properties and many more! We look forward to hearing from you!
There is still availability at these great vacation rentals. Spend some time in August on beautiful Cape Cod! Call Annie or Lucy today to learn more!
3HUME is a Sweet Wellfleet Getaway! Cute cottage with a great weekly rate. Stroll to the sandy Mayo Beach from this quiet Cape Cod cottage located just .3 mile away! Downtown galleries, restaurants, and the town pier are nearby. Take a break from life and spend your vacation relaxing in this easy living reverse design cottage, which is nicely set on a hill to capture the beautiful bay views and summer breezes! Charming main level with kitchen, dining and a comfortable living room space – all with large windows to let lots of light in. The open living plan spills out to a large deck that runs the full length of the house and boasts excellent outdoor living space with outdoor furniture, brand new dining table that seats 6 and a gas grill. The lower level has three bedrooms and a full bath with tub/shower. There is a day bed in the livingroom alcove that may be used as sleeping space. There is a ceiling fan in the main living area along with brand new flat screen TV. Privately sited, parking for two cars.
Come enjoy this home on the bayside of Truro known as 2DIEM. It is not far from sandy Cold Storage Beach. Views of Cape Cod Bay and the sunsets in addition to the privacy of the woods. This three-bedroom, 3 bath home is an inviting and comfortable vacation retreat where you will want to return year after year. Hardwood floors throughout, stainless steel appliances, granite countertops, “Pottery Barn” furnishings and many amenities are just a few things that you’ll love about this home. There are two bedrooms on the main level; one with 1 queen bed, flat screen TV and air conditioning; second room with double bed and a set of twin beds. Upstairs you will find the air conditioned owner’s suite with king sized bed and a spacious sitting area where you could enjoy the views of Cape Cod Bay and nearby Provincetown from the comfy sofa. From the owner’s suite walk out onto the second story deck for sunsets and evening breezes. Additionally, very large family room on this level offers unique and comfortable furnishings, flat screen TV and plenty of room to spread out to relax. There is a tremendous brick patio overlooking the backyard yard – gas grill, picnic table quality outside furnishings and an enclosed outdoor shower. In the front, there is a large private yard. Room for kids to play, set up badminton, volley ball, croquet and more. Very accommodating property – make this your home away from home.
Right on the beach, it doesn’t get much better than 2ALBA! Spacious two-level condo enjoys direct beach frontage on Cape Cod Bay and offers water views from both levels. First level living has a living room with gas fireplace and flat screen TV, dining and a large, fully equipped kitchen with a peninsula counter that has seating; two sliders open to the private deck. The second level has two bedrooms – master bedroom with slider to the deck, gas fireplace, flat screen TV; the second bedroom has a double and a twin bed. There is a nice sitting area with a futon and slider to the deck. Each level has a full bath, lower has shower and tub, upper has a shower; there is a handy washer and dryer on the main level. You’ll find the townhouse is comfortably furnished throughout; BOSE radio, WIFI, extensive viewing options on the TV’s, games, books, and puzzles for your use. Plenty of outside chairs, picnic table, grill, beach towels and chairs.
On the shuttle bus route that can take you right into Provincetown with all its shops, galleries, restaurants, and nightlife make vacation life even easier. You can also just lounge on the decks and enjoy some of the most spectacular sunsets you will ever see. A truly special spot, come relax and enjoy some down time!
August 19th Week is open at 2GETT!. Pilgrim Colony Cottages on Beach Point! Steps to the wide sandy beach and great swimming in Cape Cod Bay. You could even walk to Provincetown along the beach! This is a very charming cottage that is has been well maintained by the owner. Fully equipped kitchen overlooks the beach to water and offers a dining area. The living room has a beautiful fireplace and mantle, flat screen TV and comfy furnishings. There are two bedrooms, one with a double bed, the other with two twin beds, the bath offers a shower. There are gorgeous wood floors throughout; cable and the Internet. The cottage faces the water, has a picnic table, Adirondack chairs, casual seating and a charcoal grill with plenty of sunsets right out front! Beach chairs provided for your convenience
Call Annie or Lucy today to find out more about each of these great vacation rentals!
These vacation rentals still have availability for this Summer! Be sure to call Lucy or Annie at Cape Vacation Rentals for more details!
Absolutely beautiful home offers you incredible views and comfortable elegance with state-of-the-art amenities and a private beach. The house offers several options from 2 bedrooms to 6 bedrooms. There is a total of 6 bedrooms, 9 bathrooms, and accommodations for up to 22 guests – or you may rent 5 bedrooms to accommodate up to 16 guests. Thoughtfully designed with a spacious layout, you’ll enjoy the latest in home entertainment during your stay including a 12-seat home theater and a large game room with putting green, ping pong table, air hockey and a pool table. When you’re not down at the beach, the spacious decks make outdoor living easy. The recreation area includes a tennis court, basketball court, putting green, bocce court, shuffle board, croquet, horseshoes and a playground. The property is a Friday to Friday rental with check in at 4 PM and check out time at 11 AM.
Central air! An immaculately kept and unique, this custom home boasts very easy access to Corn Hill, Truro Center and Pamet Harbor. Walk to Corn Hill Beach or Castle Hill Center for the Arts or the nearby landing on Pamet River. Private bucolic setting offers guests excellent, spacious outdoor living spaces. Well-equipped kitchen opens to the Great Room with dining and living area highlighted with a vaulted ceiling, plenty of windows, comfortable seating and a 42″ flat screen TV. Additionally, the main level features the main bedroom and a full bath with a tub/shower. Upstairs the sky lit loft looks over the Great Room and is furnished with two twin beds plus there’s a full bath with shower. Lounging, reading, chilling or entertaining is a breeze with the bright open space on the expansive deck with pergola and established gardens. The deck connects with the two-bedroom guest wing with queen bed in one bedroom and 2 twins in the other. The guest wing also offers its own full bath with claw foot tub/shower across from the bedrooms. There is an oversized enclosed outdoor shower just off the deck and gardens. This is a beautiful ‘retreat-like’ setting with superior quality, comfort and privacy. Quick and easy to the center of Truro for Thursday evening summer concerts on the green and the Farmers Market on Mondays; less than a mile to Corn Hill Beach. Ask about 2MUND today!
2 SWAI is on the quiet area on the ocean side of town, this is a wonderful four-bedroom 2.5 bath pet-friendly home on a side road that’s close to both Ballston and Longnook beaches on the ocean and Corn Hill and Great Hollow beaches on the Bay. Main floor living has a living room with comfy couches and chairs, TV, fully equipped kitchen with electric stove and good counter space for those of you who like to cook. Close at hand is the dining area and a nice family room with sliders out that large, private deck to the rear of the home. This level has a half bath, bedroom with a twin and trundle bed plus a laundry room. The second floor has Master suite with queen bed, the bath has a shower. The third bedroom has a double bed and twin bed; the fourth bedroom has a double bed and twin bed. Full bath has a tub with shower.
Large wooded lot with gardens and bocce court, parking for 4 cars max. This house has a wireless Internet connection, 2 TV’s, expanded cable. Pets are allowed!
There are still quite a few homes with availability for August! Be sure to call Annie or Lucy today for details and availability today!
- Start with your credit.Credit reports are kept by the three major credit agencies, Experian, Equifax, and TransUnion. A low credit score may hurt your chances for getting the best interest rate, or getting financing at all. So get a copy of your reports and know your credit scores. Applying for credit, even if you don’t use it can also hurt your score, so try not to apply for any additional credit for at least 6 months before purchasing a home. Be sure to address any errors on your credit report and document any efforts that you have made to correct those errors as a mortgage officer will want that paperwork.
- Set your budget. Next, you need to determine how much house you can afford. Meet with a Mortgage broker or a loan officer to be pre-approved by a lender. They will look at your income, debt, and credit to determine the kind of loan and what type of payment you can afford. The size of your down payment will also determine how much you can afford.
- Save your pennies.You’ll need to come up with cash for your down payment and closing costs. Lenders usually like to see a minimum 20% of the home’s price as a down payment. If you can put down more than that, the lender may be willing to approve a larger loan or provide you with a better interest rate. If you have less, there are various private and public agencies — including Fannie Mae, Freddie Mac, the Federal Housing Administration and the and the Department of Veterans Affairs that will provide low down payment mortgages through banks and mortgage companies. If you qualify, it’s possible to pay as little as 3% up front. Once you’ve considered the down payment, make sure you’ve got enough to cover fees and closing costs. These may include the appraisal fee, loan fees, attorney’s fees, inspection fees, and the cost of a title search. They can easily add up to $5,000 to $10,000 — and often run to 5% of the mortgage amount.
- Find an agent: Most sellers will list their homes for sale through an agent. But be aware that those agents work for the seller, not you. You need a buyer’s agent. Get in touch with a Real Estate Agent that you are comfortable with and that can help you find the home that is best for your personal situation. A buyer’s agent has the same access to homes for sale that a seller’s agent does, but their loyalty lays with you, not the seller.
- Search for a home. Your first step here is to figure out what city or neighborhood you want to live in. Try also to get an idea about the real estate market in the area. For example, if homes are selling close to or even above the asking price, that indicates a desirable area. Consider house hunting in the off-season or during the colder months of the year. You’ll have less competition and sellers may be more willing to negotiate
- Make an offer. Once you find the house you want, it is time to make your bid. When working with a buyer’s broker, get advice from him or her on an initial offer. Try to line up comparable data on at least three houses that have sold recently in the area. If you really want the house, don’t lowball the offer. The seller may give up in disgust. Remember, that your leverage depends on the pace of the market. In a slow market, you’ve got muscle; in a hot market, you may have none at all. Once you reach an agreed upon price, the seller’s agent will draw up an offer to purchase that includes an estimated closing date (usually 45 to 60 days from acceptance of the offer
- Enter contract. Have your buyer’s agent review this document to make sure the deal is contingent upon:
- your obtaining a mortgage
- a home inspection that shows no significant defects
- a guarantee that you may conduct a walk-through inspection 24 hours before closing.
You also need to make a good-faith deposit — usually 1% to 10% of the purchase price — that should be deposited into an escrow account. The seller will receive this money after the deal has closed. If the deal falls through, you will get the money back only if you or the home failed any of the contingency clauses.
- Secure a loan.Now call your mortgage broker or lender and submit your formal mortgage application. Be sure to include the information from your preapproval as you want the process to be as streamlined as possible.
- Get an inspection: In addition to the appraisal that the mortgage lender will make of your home, you should hire your own home inspector. An inspection costs about $300, on average, and could cost up to $1,000. Be sure that you ask to be there during the inspection. This will allow you to learn a lot about your house. If the inspector turns up major problems, like a roof that needs to be replaced, then ask your buyer’s agent to discuss it with the seller. You will either want the seller to fix the problem before you move in, or deduct the cost of the repair from the final price. If the seller won’t agree to either remedy you may decide to walk away from the deal, which you can do without penalty as long as you have that contingency written into the contract.
- Close the deal. About two days before the actual closing, you will receive a final HUD Settlement Statement from your lender that lists all the charges you can expect to pay at closing. Review it carefully as it will detail all of the closing costs you will be required to pay at the closing. It should also detail all expenses that you have already paid including inspections, application fees etc. The actual closing is somewhat anticlimactic, but your buyer’s agent can brief you on the particulars.
Let your local Realtor at Thomas D. Brown Real Estate help you find and buy your dream home!
Information gathered from http://money.cnn.com/pf/money-essentials-home-buying/
You have been saving for a long time, you are tired of renting. It is time to buy your first home! This can be a very exciting time as well as a scary time especially when it comes to financing this purchase. We wanted to share one of the options available for first time home buyers.
Being a first time home buyer has it’s benefits when it comes to financing. The Federal Housing Administration (FHA) has loans tailored specifically to you! Lower down payments and lower closing costs help newbies make the jump into home ownership.
With a FHA first time home buyer loan you can get interest rates as low as 3.5%, which can really save money on the life of your loan and keep your monthly payments lower. Your down payment is also lower than a traditional mortgage; instead of putting 20% down, you can put as low as 3.5% down if you qualify. While a lower down payment will increase your monthly payment (since you are taking a loan out for more money), it will help with the burden of needing a large amount of money up front.
With FHA loans you can also include most of the closing costs and fees into the loan, again helping with the money needed at the time of purchase. You can even add in the costs for repairing a home that needs a good deal of fixing up. Regardless, you will need to have enough money for the down payment, some closing costs, and inspection.
Since you would be putting less than 20% down, FHA loans require that you also have private mortgage insurance (PMI), which is a percentage of your loan. This will be added to your monthly mortgage payment, and the bank will pay it out of your monthly.
Being a first time home buyer probably means you need some help on getting through the process. The US Department of Housing and Urban Development (HUD) has housing counseling agencies that can give you advice on buying a home, avoiding foreclosure, and fixing your credit. You can find your local agency at http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm. Lastly, you can also find local buying programs to help with buying a home, including helping with your down payment at http://www.hud.gov/buying/localbuying.cfm.
If you never thought you would be able to afford a house, think again.This is just one of several programs available for first time home buyers. Be sure to do your research to make sure that the plan you choose will work for you not just right now but in the future as well.
With programs out there to help you buy your first home, you could be moving into a place before you know it! Be sure to meet with your local realtor to find your first home! The realtors at Thomas D. Brown Real Estate are always available to help!