Michelle Gillespie - Keller Williams Realty



Posted by Michelle Gillespie on 11/22/2020

Selling a home takes patience. Especially when youíre balancing your time between settling into your new home, and keeping up with your work and family life. So, when youíve finally gotten to the point of accepting an offer on your home, youíll probably breathe a sigh of relief--and you should!  However, there are still a few more things that will need to happen and a couple of things to consider before closing the deal on your home sale.

Contingencies on the purchase contract

A purchase contract typically includes contingency clauses that are designed to protect the interests of both the buyer and the seller. These clauses mean that the contract is contingent upon the actions being completed before it can be legally valid.

There are three main contingencies that will likely be included in the purchase contract before closing--inspection, financing, and appraisal.

Inspection contingency

The inspection contingency allows the buyer to have the home inspected by a professional before closing (the time should be specified within the contract, but the inspection should usually occur no more than two weeks after you accept the offer). A home inspection lets the buyer know what to expect in terms of repairs that the home needs now or will need in the near future.

Financing contingency

Since the vast majority of buyers will be purchasing their home through a loan, a financing contingency is included to allow the buyer time to secure their mortgage. Getting pre-qualified and pre-approved makes this process easier, but the buyer will still have to finalize and close on their mortgage before their financing is official.

This clause exists to protect the buyer in the event that their mortgage application is denied, ensuring that they arenít penalized.

Appraisal contingency

The third contingency most often found in purchase contracts is a home appraisal. The buyer will order an appraisal and then the appraiser will reach out to you to find a day to come and value your home.

If the home is then appraised at the amount agreed upon in your contract, this contingency is met. However, if the appraisal comes up lower than the purchase amount, the buyer can renegotiate the price.

Walkthrough and closing

Once the appraisal and inspection have been met and financing secured, the buyer will have a chance to do a final walkthrough of your home. The walkthrough usually occurs no more than two days prior to closing on the sale. A walkthrough allows the buyer view the home one last time to ensure that the condition of the home hasnít drastically changed since the home was inspected or appraised. So, make sure the buyer is aware of any changes you planned to make to the home before closing.

Now youíre ready to close on your home sale. Youíll receive a disclosure form to review (read it carefully!) and sign. Once closing is complete, ownership of the home is officially transferred to the buyer.

While the closing process does include several steps, itís important to be available and cooperative along the way to ensure a smooth sale and transition into your new home.





Posted by Michelle Gillespie on 11/21/2020

This Single-Family in Northborough, MA recently sold for $540,500. This Cape style home was sold by Michelle Gillespie - Keller Williams Realty.


276 Crawford Street, Northborough, MA 01532

Single-Family

$519,000
Price
$540,500
Sale Price

6
Rooms
3
Beds
2
Baths
Beautifully updated 3 bedroom/2 full bathroom Cape style home located on country road. Remodeled kitchen w/central island, cooktop, granite countertops, tile backsplash, hardwood floors,recessed lighting & open concept floor plan w/dining room. Front to back living room w/fireplace, built-in bookshelves, hardwood floors, recessed lights & french door leading to deck. First floor bedroom w/closet & hardwood floors. First floor full bathroom w/hardwood floors. First floor laundry & mudroom. Second floor has master bedroom w/hardwood floors & two closets. Other 2nd bedroom w/new carpet & two closets. Large walk-in closet w/built-in's. Second floor full bathroom w/tiled shower, tile floor, granite counter & linen closet. Full basement w/workshop, ample space to finish and large storage area. Two car garage w/additional storage area. New septic system.Young roof, windows and siding. Updated lighting. Updated deck. Professionally landscaped w/large back yard. Close to highways for commuting

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Categories: Sold Homes  


Posted by Michelle Gillespie on 11/18/2020

This Single-Family in Northborough, MA recently sold for $722,150. This Colonial style home was sold by Michelle Gillespie - Keller Williams Realty.


42 Woodstone Road, Northborough, MA 01532

Single-Family

$745,000
Price
$722,150
Sale Price

11
Rooms
4
Beds
2/1
Full/Half Baths
Welcome to this beautiful Custom Colonial on a private picturesque lot in sought after Woodstone Estates. Welcoming foyer leads you to formal living room & office w/french door & hardwood floors. Updated Kitchen w/granite countertops, ss appliances, tile floor, pantry, dining area & slider to deck. Formal dining room w/chair rail, crown modeling & hardwood floors. Oversized family room w/fireplace, cathedral ceiling, recessed lighting & skylights. Master suite w/master skylight bathroom w/jacuzzi tub, shower & walk-in closet. Second floor bedrooms w/hardwood floors & closets. Second floor bathroom w/tile floor, tub, shower & linen closet. Second floor laundry. Third floor w/guest room and storage room. Finished basement w/exercise room, mudroom & storage room. Updated lighting (2012) Two car garage. New roof (2017), Shed (2018), New driveway (2020), Central Air, Hardwired for Generator (2018) , Irrigation System, Oversized Deck. Great neighborhood, close to major highways.






Categories: Sold Homes  


Posted by Michelle Gillespie on 11/17/2020

This Single-Family in Northborough, MA recently sold for $470,000. This Cape style home was sold by Michelle Gillespie - Keller Williams Realty.


1 Charina Road, Northborough, MA 01532

Single-Family

$499,900
Price
$470,000
Sale Price

9
Rooms
4
Beds
1/1
Full/Half Baths
Well maintained 4 bedroom Cape style home located in sought after cul-de-sac neighborhood. Eat-in kitchen with dining area, plenty of cabinets and closet pantry. Newly painted family room with new carpet and lighting. Large, bright living room which opens to formal dining room with built -in hutch. Foyer with tile floor and closet. Great three season room with vaulted ceiling, skylights, ceiling fans, access to patio and views of private yard. First floor bathroom and laundry room with built in cabinets. Second floor has large master bedroom with walk-in closet and three other bedrooms closets, two bedrooms with custom built in drawers and shelves. Second floor bathroom with shower. Full basement with ample space to finish. Two car garage w/storage space and side access door. Town Water and Sewer. Natural gas located on street. Patio and Landscaped yard. Close to major highways for commuting. Withing distance to elementary school and only 2.5 miles to Commuter Rail to Boston






Categories: Sold Homes  


Posted by Michelle Gillespie on 11/17/2020


16 Allen Street, Northborough, MA 01532

Condo

$399,000
Price

8
Rooms
3
Beds
2/2
Full/Half Baths
Located in a neighborhood setting this 3 bedroom and 3 bathroom updated home is ready for you to move-in. Open concept living room & dining room with gas fireplace and updated bay windows. Kitchen w/breakfast bar, dining area, plenty of cabinets and french door refrigerator. Half bath w/front end washer and dryer and line closet. Master suite w/double closets, ceiling fan and full private master bathroom. Two other bedrooms w/closets and access to updated full bathroom. Finished lower level w/large oversized bonus room, bathroom and additional shower. Plus second kitchen area w/dining area, pantry closet and gas fireplace stove. Large lower level workshop w/walk out access to back yard. Spacious garage w/room for storage. Shed for additional storage. Gazebo. Love to swim...inground pool w/direct access from house. Updates include Roof (5yrs), Windows (10yrs), Interior Paint (Recent), Vinyl Siding, Hot Water Heater. Close proximity to shops, restaurants and major highways.
Open House
No scheduled Open Houses






Tags: Northborough   Real Estate   01532   Condo  
Categories: Price Change  




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