Donahue Real Estate Company



Posted by Donahue Real Estate Company on 12/2/2015

If you are thinking of adding an addition to your home there are some things you will wants to be aware of. If you decide to add a new space, ask yourself the following questions: * Can I finance the home improvement with my own cash or will I need a loan? * How much equity is in the property? A fair amount will make it that much easier to get a loan for home improvements. * Is it feasible to expand the current space for an addition? * What is permissible under local zoning and building laws? Despite your deep yearning for a new sunroom or garage, you will need to know if your town or city will allow such improvements. * Should I make the improvement myself or hire a contractor? Many homeowners consider going to job alone to save money. Consider how much time you have, your level of expertise or willingness to handle the job, amount of help from friends or relatives, and how much you want, or need, to save by doing the job yourself. You could save up to 20 percent of the project cost through your own hard work. Be aware, however, that you may need to call in the pros. Going it alone can sometimes lead to spending more time and money. if problems arise. Most home improvement experts suggest that homeowners who do not have a lot of experience should stick to painting, minor landscaping, building interior shelving, and other minor improvements.





Posted by Donahue Real Estate Company on 10/28/2015

Date: 11/01/2015 Time: 12:00 PM to 2:00 PM For Directions: feel free to contact me. For more information: click here for the full details NEW HOME FOR THE HOLIDAYS! Don't miss this charming cape located just steps from bird park! It's the perfect location for walking the dog, playing ball with kids or just a leisurely stroll! This home features a large open kitchen with dining area and separate pantry/laundry room. Enjoy cold winter nights by the warm fire place in the living room. There is a multifunctional first floor third bedroom that can be used as a bedroom with en-suite half bath or a family room! There is also a newly updated first floor bath. Upstairs you will find 2 large bedrooms. Close to Walpole center, the T, Rt 1, 95 and shopping and dining. This house will not last long! Call for your private showing or stop by the open house Saturday October 31st 1130am-1pm or Sunday November 1st 12-2





Posted by Donahue Real Estate Company on 10/28/2015

Date: 10/31/2015 Time: 11:30 AM to 1:00 PM For Directions: feel free to contact me. For more information: click here for the full details NEW HOME FOR THE HOLIDAYS! Don't miss this charming cape located just steps from bird park! It's the perfect location for walking the dog, playing ball with kids or just a leisurely stroll! This home features a large open kitchen with dining area and separate pantry/laundry room. Enjoy cold winter nights by the warm fire place in the living room. There is a multifunctional first floor third bedroom that can be used as a bedroom with en-suite half bath or a family room! There is also a newly updated first floor bath. Upstairs you will find 2 large bedrooms. Close to Walpole center, the T, Rt 1, 95 and shopping and dining. This house will not last long! Call for your private showing or stop by the open house Saturday October 31st 1130am-1pm or Sunday November 1st 12-2





Posted by Donahue Real Estate Company on 10/23/2015

mass_htwThe one you've been waiting for! This custom built, brand new townhouse is waiting for you to come inside. Open and spacious, the first floor will immediately catch your eye. Features include gleaming hardwood floors, granite countertops, an island bar, and stainless steal appliances. Perfect for entertaining, the kitchen opens up to the dining and living rooms, and you can walk right out to your private backyard. The second floor features a master suite complete with 2 closets and a custom walk-in shower. There are two additional large beds, full bath and laundry closet, and bonus office/den to round out the upstairs. Additional features includes heated one car garage, Wi-Fi thermostats, irrigation system and a full basement ready to be finished if you want. Walk to the train, Walpole center and easy access to the highway. Don't wait, call today!





Posted by Donahue Real Estate Company on 8/8/2015

In this market, short sales can sometimes be a good deal for a buyer but they also come with some potential pitfalls. A short sale is when a seller needs to sell their home for less than they owe on their mortgage. In order to get a bargain and not a headache you will need to do your homework. Here are some tips for protecting yourself before buying a short sale.

1. Use experts

It is important that before you buy a short sale you assemble a team of experts. During the initial phase you will need help identifying which homes are being offered as short sales. The nature of short sales are different, you will also need help determining a purchase price and what to include in your offer. A real estate attorney who is knowledgeable in short sales is also key. Navigating the process of a short sale can be tricky so you will need an experienced short sale attorney to help deal with the potential of multiple liens, mechanicís and condominium liens, or homeowners association liens. Often homes that are in short sale have these issues and without help will be harder to purchase.

2. Prepare emotionally

If you want a good deal on a short sale you will probably have to be in it for the long haul. It is important to stay patient, and remain unemotional during what can sometimes be a lengthy and emotionally difficult process. You may even want to consider a title search upfront. This could weed out properties with multiple liens if you are under a time crunch.

3. Know the market

In order to successfully purchase a short sale you need to know the marketplace. When a lender agrees to a short sale, they are agreeing to losing money on the loan they made to purchase the home. A short sale can be a good deal but it usually not a steal. The lender also knows the fair market value of the home and wants to minimize their losses. If your offer is too low, you chance it being rejected. During the process we will determine a price range that works with your budget and is hopefully one that the lender will accept.

4. Know the Process

The short sale process is different than that of a standard sale. The agreement to sell the home for less than is owed is actually made between the seller and the lender, not the seller and the buyer. The seller must first gain approval from the lender before the sale can be finalized. First, you would make an offer on a home and the sellers must consent to your offer to purchase. Then the sellers must submit the offer to their lender. The seller also sends along documentation to the bank as to why they need to sell the home for less than is owed. The seller should also have an attorney to help them with this process. Lenders typically do not move quickly on this process. It can often take weeks or months to get an answer. This is why is often best to put a competitive offer first. If several lien holders are involved; each can make a counteroffer or just reject your offer.

5. Firm up your financing

Lenders don't just look at the amount you are willing to pay for the home; they will also weigh your ability to close the transaction. If have a strong offer lenders will look more closely at your offer. You will want to make sure you are pre-approved for a mortgage for any consideration. Other factors that could influence the decision in a positive way are: having a large down payment, ability to close at any time, and flexibility. They will often not consider your offer if you have a contingency.