George P. Goulas - KELLER WILLIAMS REALTY | 508-509-3833 | GGoulas@kw.com


Posted by George P. Goulas on 8/5/2020

As the workforce changes and a growing number of companies seek out contractors and freelancers, many Americans find themselves in a gray area when it comes to their income. They may put in full-time hours, but on their taxes they work for themselves.

Mortgage lenders are cautious about who they lend to. They want to make sure you are a low-risk investment who has reliable, predictable income to ensure that they’ll earn money off of your loan.

This can sometimes make it difficult for freelancers, contract workers, or the self-employed. Not only might your taxes be unconventional, but your income could vary depending on the time of the year and the amount of business you receive.

It’s easy to see why many people would be anxious about applying for a mortgage under these circumstances. However, if you’re self-employed, there’s no need to worry. You can still get approved for a mortgage at a fair interest rate--you just need to do a bit of work to provide the right documents to your lender.

In this article, we’ll show you what documents and proof of income you’ll likely need and how to present it to a lender to make the process run as smoothly as possible to get you approved for your mortgage. Here’s what you need to do.

Organize your records

Before applying for a mortgage, it’s a good idea to take a look at your record-keeping process. As a self-employed worker, you’re probably already used to tracking your own income. However, this will help the lender analyze your income easier and move the process along more quickly.

Having a master spreadsheet of your dated invoices, paid amounts, and the names of your clients is a good place to start. You’ll also want detailed, easy to read information for your previous employers, landlords, references, and any other information you think will be pertinent.

Next, gather your tax documents for the last three to five years. As a self-employed worker, you likely file a Schedule C (Form 1040) and a Schedule SE. Make sure you have copies of these forms.

Dealing with deductions

Many self-employed workers write off business expenses in their tax returns. Travel expenses, internet, and other costs associated with doing business are all ways to save by reducing your taxable income. Doing so can save you money, but it can also reduce your net income which is what lenders will see when you provide them with your information.

If you’re hoping to get approved for a bigger loan, one solution is to plan your taxes in the year prior to applying for a mortgage. Make fewer deductions than you normally would to increase your net income.

Be ready to clarify

When a mortgage lender is reviewing your information, make sure you are open and available to provide any information that can be helpful to them in considering your application. Being prompt and accurate with your responses will signal to your lender that you are willing to work with them.





Posted by George P. Goulas on 8/3/2020

THIS MAGNIFICENT HOME IS ABSOLUTELY GORGEOUS & A VERY RARE FIND YOU MUST SEE TO BELIEVE. PRIDE OF OWNERSHIP SHINES RIGHT THROUGH THIS BEAUTIFUL BRICK-FRONT CONTEMPORARY HOME WITH 3-CAR ATTACHED GARAGE, SUNKEN LIVING ROOM & FIELDSTONE FIREPLACE. PRESIDENTIAL FRONT-FOYER WITH 2ND-FLOOR BALCONY. MASTER SUITE WITH WALK-IN CLOSET, CORNER JET TUB, TILED SHOWER & ULTRA-MODERN VANITY SINK. KITCHEN WITH PANTRY & OPEN FLOOR PLAN. DINING ROOM WITH HARDWOOD FLOORS & TREX DECK OVERLOOKING A BIG STONE PATIO ON A BEAUTIFULLY LANDSCAPED LOT WITH SPRINKLERS. HYDRO-AIR FURNACE & CENTRAL AIR CONDITIONING. THE LOCATION DOES NOT GET ANY BETTER THAN THIS QUIET NEIGHBORHOOD OF HIGH-END HOMES WITH SUN ALL DAY & COOL BREEZES ON TOP OF PRINDLE HILL JUST A FEW FEET AWAY TO PRINDLE PARK WHERE YOU CAN SWIM, LAUNCH YOUR PADDLEBOARD, OR GO FISHING IN YOUR CANOE. DON'T MISS THIS WONDERFUL HOME IN THE GREAT TOWN OF CHARLTON THAT HAS AN EXCELLENT SCHOOL SYSTEM.

More Info on this Property | New Listing Alerts





Posted by George P. Goulas on 7/29/2020

An engaging home listing can play a key role in your ability to sell your house. If your listing hits the mark with potential buyers, the likelihood increases that buyers will set up showings to view your residence. And as a result, it may be only a matter of time before you receive multiple offers to purchase your house.

Ultimately, creating an engaging home listing can be simple – here are three tips to help you craft an effective listing for your residence.

1. Provide Accurate Information About Your Home

A home listing often introduces a buyer to a house. If a listing includes accurate information about a residence, a buyer may be inclined to check out a particular house sooner rather than later.

Remember, it is your duty as a home seller to help a buyer make an informed decision about whether to pursue your residence. If you include accurate information about your house's age and condition in your listing, you can make it easy for a homebuyer to determine whether your residence is the right choice based on his or her individual needs.

2. Include High-Resolution Photos of Your Home

An engaging home listing includes lots of relevant information about a home. At the same time, this listing should feature plenty of high-resolution photos that showcase the true size and beauty of each room of your residence.

If possible, take photographs that can help buyers envision what it is like to walk through your house. You may want to clean your home from top to bottom and remove clutter before you take these photos as well.

For those who want extra help with real estate photography, you can always hire a professional photographer. Because if you have a real estate photographer at your side, you can reap the benefits of top-notch photographs that can be incorporated into your home listing.

3. Keep Your Home Listing Simple

There is no need to use big words or complex phrases to try to differentiate your home listing from others. Instead, keep things simple, and homebuyers can decide for themselves whether to move forward with a home showing.

Lastly, if you need help crafting an engaging home listing, you can always reach out to a real estate agent for assistance. This housing market professional can provide expert guidance throughout the home selling journey and ensure you can achieve the optimal results.

A real estate agent will learn about your home and help you put together an informative home listing. He or she also will set up home showings and open house events to promote your residence to prospective buyers. And if you receive an offer to purchase your house, a real estate agent can help you review this proposal and determine the best course of action.

Ready to add your house to the real estate market? Use the aforementioned tips, and you can create an engaging listing to help your house stand out to dozens of potential buyers.





Posted by George P. Goulas on 7/22/2020

A home showing may play a key role in your ability to sell your house. If a showing is successful, a buyer may submit an offer in the hours or days that follow. On the other hand, if a home fails to impress during a showing, a buyer likely will continue to search for the perfect residence.

It can be easy to ensure that a home showing is successful. Now, let's take a look at three steps that home sellers can follow to increase the likelihood of a successful showing.

1. Clean Your Home

A neat, tidy home is likely to make a positive first impression on potential buyers. Therefore, you should allocate the necessary time and resources to clean your home from top to bottom prior to a showing.

Mow the front lawn, trim the hedges and perform assorted home exterior maintenance. That way, you can instantly boost your house's curb appeal.

Also, wipe down countertops, vacuum carpets and complete various home interior maintenance. By doing so, you can guarantee that potential buyers will like what they see as soon as they walk through your home's front door.

2. Remove Personal Belongings

The goal of a home showing is to help a potential buyer envision what life would be like if he or she purchases your house. As such, you'll want to take down artwork, photographs and any other personal belongings before a home showing. Because if you keep these items on display, it may be tough for a buyer to picture himself or herself as the owner of your home.

Don't forget to eliminate as much clutter from your home as possible too. If you put excess items in storage or sell or donate these items, you can cut down on clutter and show off the true size of your residence.

3. Be Flexible

After you perform extensive home interior and exterior cleaning and remove myriad personal belongings from your residence, it may be only a matter of time before a home showing is scheduled. If you remain flexible, you can boost your chances of hosting as many home showings as possible.

There is no telling when a prospective buyer will want to check out your residence. Thus, if you maintain your flexibility, you'll be ready to leave your house at a moment's notice to accommodate a buyer's request for a showing.

After a home showing, you may receive buyer feedback as well. If a buyer leaves negative feedback about your residence, there is no need to worry. Use this feedback to identify and address problem areas in your house, and you can guarantee that future home showings hit the mark with buyers.

Lastly, if often helps to work with an expert real estate agent when you sell your house. This housing market professional is happy to help you get ready for a home showing and will offer honest, unbiased home selling recommendations. As a result, a real estate agent can help you get the best possible results throughout the home selling process.




Categories: Uncategorized  


Posted by George P. Goulas on 7/11/2020


Lot-9 South Street, Paxton, MA 01612

Land

$584,900
Price

75.52
Acres
Residential
Land Type
HAVE YOU BEEN THINKING OF YOUR OWN HUGE & PRIVATE ESTATE? CALLING ALL DEVELOPERS, BUILDERS, NATURE LOVERS & BUYERS LOOKING FOR A BIG PARCEL OF LAND IN PAXTON. THIS PROPERTY CONSISTS OF TWO SEPARATE LOTS TOTALING OVER 75 ACRES OF LAND. GREAT OPPORTUNITY FOR SUBDIVISION DEVELOPMENT, LOCATED LESS THAN ONE MILE FROM KETTLE BROOK GOLF CLUB. WITH SO MANY ACRES, YOU CAN BUILD YOUR DREAM HOME & HAVE COMPLETE PRIVACY WITH THE POTENTIAL TO SUBDIVIDE MORE LOTS IN THE FUTURE FOR YOUR FAMILY MEMBERS TO BUILD THEIR HOMES. HAVE YOU BEEN THINKING OF STARTING YOUR OWN FARM? THE STATE OF MASSACHUSETTS HAS MANY FINANCIAL BENEFITS FOR FARMERS. PUBLIC WATER AVAILABLE IN THE STREET. A COMMUTER'S DREAM LOCATED OFF MARSHALL ST, SHORT WALK TO KETTLE BROOK GOLF COURSE. IDEAL PROPERTY FOR INVESTORS, FARMERS, BUILDERS OR DEVELOPERS LOOKING FOR A CONSTRUCTION PROJECT IN A DESIRABLE TOWN WITH HIGH-END HOMES JUST A SHORT DRIVE TO WORCESTER. CALL NOW FOR A COPY OF THE SURVEY & ALL THE DETAILS OF THIS UNIQUE PROPERTY
Open House
No scheduled Open Houses






Tags: Real Estate   Land   Paxton   01612  
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