The Norton Group, Inc.



Posted by The Norton Group, Inc. on 1/19/2018


19 Bowdoin, Somerville, MA 02143

Union Square

Rental

$1,900
Price

4
Rooms
2
Beds
1
Baths
Includes Heat in the rent! Awesome location for this Union Square 2 bedroom apartment overlooking Lincoln Park. Within walking distance to Whole Foods, Market Basket, Union Square's many shops, restaurants, bars, Harvard, MIT, Lesley, and public transportation. There are two bedrooms, a living room with hardwood flooring and a beautiful bay window, a kitchen with eating area and upgraded cabinets, and a large bathroom with solid surface countertops. There is a brand new porch with great views. Shared laundry with one other unit and plenty of on-street parking (permit is required). References and credit check is required.
Open House
No scheduled Open Houses

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Tags: Real estate   Rental   Somerville   02143  
Categories: New Homes  


Posted by The Norton Group, Inc. on 1/14/2018

If you want to buy a home in the near future, youíre going to need to really focus on the goal. Buying your first home is no small feat. There are a few habits that youíll want to start right away once you decide that youíre ready to take the plunge into homeownership. 


Make Savings Automatic


If youíre going to start saving for all of the expenses that buying a home brings, the best thing that you can do is automate your savings. The down payment is usually more money than most people can even plan for. If you have a small amount of each paycheck go into a dedicated account for the house fund, youíll be in better shape financially. You can never start saving too early or too much. The goal is to save as much as you possibly can. Put the money in a place where you wonít have easy access to it. If you donít see it, you wonít spend it! 


Check Your Credit Score


Your credit report is one of those things that canít be magically fixed. It takes some time and a little work to keep your credit score up. Youíll need to make sure that you make on-time payments each and every month. If there are any glaring mistakes on the report, youíll need to fix them, as it could take some time for any changes to show up. The most important thing is to keep your credit record clean by making on-time payments, refraining form opening too many new accounts, and paying down any outstanding debt. Once you check your credit score and see what you have to work with, youíll be in good standing in no time. 


Become A DIYer


When you move into a home, thereís a lot that may need to be done. If you can do some of the work yourself, instead of hiring contractors and other people, you may be able to save some money. This wouldnít include anything dangerous like electrical work or complicated plumbing issues. There are plenty of projects that you can safely take on in a home that will save money and keep your home in great shape. 


Learn To Budget


Owning a home can actually be cheaper than renting in some cases. If you learn to budget, factoring in things like food, utilities, and how much you spend on entertainment, youíll see how much you have to work with. See how much youíre spending and then decide where you can cut down costs from there. Youíll find more money that you can be saving towards a home. The best part about buying a home is that you own it! There is no middle man telling you what you can and cannot do in a space.




Categories: Uncategorized  


Posted by The Norton Group, Inc. on 1/11/2018


275 Walden, Cambridge, MA 02138

Rental

$2,900
Price

6
Rooms
2
Beds
1
Baths
Great 2 Bedroom, 1 Bath condo apartment in Cambridge. Updated kitchen and bath. Living room, Dining room and office. Granite Counter top. Hardwood floors throughout. Laundry in Unit. Wall Air conditioners in Bedrooms. 2nd floor. Comes with one parking space. Right off Mass Ave. Walk score of 84. Several parks and Bike paths in walking distance to Huron Village, Porter Sq and Red Line. Living room, Dining room separated by sliding doors. Front and Back porches. Dishwasher, Disposal. Gas stove. Oil Heat.
Open House
No scheduled Open Houses

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Tags: Real estate   Rental   Cambridge   02138  
Categories: New Homes  


Posted by The Norton Group, Inc. on 1/7/2018

One of the best things that you can add to your home is a solar power system. These can be costly but they save you a lot in the long term on utility costs. While government programs have scaled back for these energy saving improvements over the years, thereís still many benefits to them. You can even get a loan specifically for installing solar power to your home.


Before you take the leap, youíll want to know for sure if solar will really add value to your home. Of course, you want a return on your investment. 


The good news is that thereís no doubt about it that installing solar panels does definitely add value to your home. Thereís one caveat to the value: You should own your   solar power system as opposed to leasing it through a solar company or a power purchase agreement. 


Homes that have solar panels sell for more money simply because they offer a definite return benefit to the future owner. 


Does A Leased Solar System Offer The Same Benefits?


Owning your solar system will save you more money in the long run than leasing your system. When you own a solar power system, the FHA requires that the total value of your solar system be added to the total value of your home when you go to sell it. If you lease the panels, this value cannot be added to the home during an assessment.   


If you have financed the system, the rules may be a bit more lenient. While you technically donít own the system, you are paying towards owning the system yourself. Each lender will have their own standards for this, so check with them for specifics, as your home must meet certain standards and eligibility requirements. 


Securing A Mortgage With A Leased Solar System


If someone is looking to secure a mortgage with a leased or currently unowned solar energy system, there are a few hurdles that you might face through the process. These problems include:


Solar lease payments must be included in the buyerís debt-to-income ratio. 

The panel owners must have a third-party insurance to cover damage to the property thatís being mortgaged in the event of malfunction or faulty installation of the panels.         


Solar Panels Are An Overall Great Investment


Itís really hard to go wrong if you purchase or finance your solar panel system. As long as you own the system, value will be added to your home. Youíll also save on your own utility bills. Your home will undoubtedly become more attractive to buyers if you decide to sell your home in the future.




Categories: Uncategorized  


Posted by The Norton Group, Inc. on 1/3/2018

This Multi-Family in Boston, MA recently sold for $805,000. This style home was sold by - The Norton Group, Inc..


264-266 Minot St, Boston, MA 02124

Dorchester

Multi-Family

$729,900
Price
$805,000
Sale Price

2
Units
3,040
Approx. GLA
Located in the heart of Adams Village! Donít miss this fabulous investment opportunity! Two family duplex with 6 Beds, 2.5 baths, and 3,040 square feet of living space all situated on a large 7,839 square foot parcel. Original hardwood floors throughout, great interior flow, potential 3rd floor bedroom/office, and plenty of space for expansion. Great storage space in the basement. The possibilities are endless! Two minute walk to shops, restaurants, and nightlife. Easy access to highways and the Ashmont MBTA Station is a 6 minute walk.

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Tags: Real estate   Multi-Family   Boston   02124  
Categories: Sold Homes