BURNS & EGAN REALTY GROUP, LLC HOMES FOR SALE BILLERICA, MA REAL ESTATE BILLERICA



52 FIELDSTONE LANE, Billerica, MA 01821

Single-Family

$1,099,000
Price

8
Rooms
4
Beds
3
Baths
~Welcome To SUMNER FARMS~ Billerica's Premier New Construction Subdivision Offering 61 Well Appointed Homes Sitting on Beautifully Landscaped 1-Acre Lots. Proven Local Builders w/ Over 25 Years Experience Building Homes Built w/ Integrity. 52 Fieldstone Lane "The Burlington" Plan Nestled On A Nice Level Lot Offers Almost 3000 SqFt. Of Living Space. 40x28/32 Colonial w/ 24x24 Fam. Rm. Addition w/ Vaulted Ceiling, Gas Fireplace & 2-Car Garage. Beautiful Open-Concept Kitchen w/ Custom Cabinets (Many Colors to Choose), Granite Island & Counter Tops, Stainless Appliances. HW Floors On Both Levels, Tile & Granite in All Baths & 1st Floor Laundry. Generous 22x15 Master Bedroom Suite w/ Master Bathroom w/ Tiled Stand-up Shower & Spacious Walk-in Closet. Walk-up Attic & Walk-out Basement Allows Plenty of Opportunity For Storage & Future Expansion. Near Bedford & Carlisle Line. Great Commuter Location Close to Rts. 3, 95 & 495. Come Build Your Dream Home @ Sumner Farms:) ONLY A FEW LOTS LEFT!!!
Open House
No scheduled Open Houses

Similar Properties



One of the most important things to check once you decide to start the home buying process is your credit score. The three major credit bureaus keep track of how you pay for your credit and how much credit you have. Your score fluctuates, sometimes daily, depending on how much you owe and how many accounts you have. Applying for credit also affects your score. It will usually drop by a few points every time you apply for a loan or credit card, even if you don’t get the credit.

Applying for a Mortgage

When you apply for a mortgage, the lender pulls your credit score from all three credit bureaus. The lender will advise you whether it has a loan program that will accept your credit score. Some loan programs work with those who have scores as low as 520. Because the credit bureaus deduct points every time you apply, it’s better to call lenders and ask them if they have programs for lower credit scores—if your score is low.

Credit Scores and Interest Rates

Because lenders interpret your credit scores as the inability to manage your credit, they deem the risk of loaning you money quite high. The higher the risk, the higher your interest rate will be. If you have a credit score of 750, you might get a lower interest rate, depending on the current going rate. However, for the same loan, if you have a credit score of 540, you will pay more interest.

Changing Your Credit Situation

Before you even start looking for a house, pull your credit from all three major credit bureaus. Look for incorrect data. Dispute the data to correct it. For example, if you see a 90-day late fee on a credit card that you did not apply for or use, dispute that card to take it off your credit report. It is always a good idea if you pull your credit at least every three months to check for identity theft and incorrect data.

If your credit score is low because you ran into hard times and everything is correct, you could buy down your interest rate and put a larger down payment down on the loan. While you are saving up for the down payment, make sure you pay your bills on time to better your credit score. Try to save up 25 or 30 percent instead of the 20 percent most lenders require. Saving up a few thousand extra dollars also allows you to buy points, which drops your interest rate. A higher down payment also decreases the lender’s risk and might get you a lower interest rate.

The cost of points is usually 1 percent of the total loan. Thus, 1 point on a $100,000 mortgage would cost you $1,000. It could buy you a quarter of a percent interest rate. Instead of an 8 percent interest rate, you would have a 7.75 percent interest rate.

Researching loan programs and making sure your credit is accurate helps you determine whether you want to start the house-hunting process now or save for a higher down payment and wait for your credit score to increase.



53 Magnolia avenue, Billerica, MA 01821

Rental

$2,200
Price

6
Rooms
3
Beds
1
Baths
Updated and ready to go! Lovely 3 bedroom 1 bath side by side duplex townhome. Bonus basement. Unit has been updated with new flooring, paint and more. W/d hookups in unit. Large yard with oversized deck. Quiet dead end location. Both left and right units are updated and vacant ready for new tenants. Easy to show. Come take a look today! Move in ASAP.
Open House
No scheduled Open Houses

Similar Properties




55 Magnolia avenue, Billerica, MA 01821

Rental

$2,200
Price

6
Rooms
3
Beds
1
Baths
Updated and ready to go! Lovely 3 bedroom 1 bath side by side duplex townhome. Bonus basement. Unit has been updated with new flooring, paint and more. W/d hookups in unit. Large yard with oversized deck. Quiet dead end location. Both left and right units are updated and vacant ready for new tenants. Easy to show. Come take a look today! Move in ASAP.
Open House
No scheduled Open Houses

Similar Properties




28 FIELDSTONE LANE, Billerica, MA 01821

Single-Family

$1,250,000
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
~Welcome To SUMNER FARMS~ Billerica's Premier New Construction Subdivision Offering 61 Well Appointed Homes Sitting on Beautifully Landscaped 1-Acre Lots. Proven Local Builders w/ Over 30 Years Experience Building Homes Built w/ Integrity. 26 Fieldstone Lane "THE SUDBURY" Plan 40x28 Colonial w/ 24x16 Fam. Rm & Master Bdrm Addn., Gas Fireplace & 2-Car Garage. Beautiful Open-Concept Kitchen w/ Custom Cabinets, Granite Island, Stainless Appliances, Range w/ Hood, Wall Oven & Walk-In Pantry. HW Floors On Both Levels, Tile & Granite in All Baths. 2nd Floor Laundry Room, Full Baths w/ Double-Vanity Sinks. Generous Master Bedroom Suite w/ Master Bath w/ Tiled Stand-Up Shower & Jetted Tub. Large Walk-in Master Closet. Walk-up Attic & Large Basement Allows Plenty of Opportunity For Storage & Future Expansion. Near Bedford & Carlisle Line. Great Commuter Location Close to Rt. 3, 95 & 495. Foundation Is In The Ground, Home Is Framed & Ready For Buyer's Interior Selections! Only A Few Homes Left!
Open House
Sunday
November 21 at 11:00 AM to 1:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 28 FIELDSTONE LANE, Billerica, MA 01821    Get Directions

Similar Properties





Loading