Wendy Johnson - RE/MAX Professional Associates



Posted by Wendy Johnson on 11/2/2019


109 Pleasant St, Paxton, MA 01612

Single-Family

$239,000
Price

7
Rooms
3
Beds
1/1
Full/Half Baths
Charming Antique Gambrel Colonial home situated on a beautiful wooded lot. This home features gorgeous hardwood flooring throughout, dining room with built in china hutch and large master bedroom on 1st floor. Arches and stunning wood railings add charm and character to this beautiful home. Living room has french doors leading to enclosed porch to enjoy the sun with your morning coffee. 2 spacious bedrooms on 2nd floor with additional room that could be used as a bedroom/office. 2 car detached garage and shed completes this package. Conveniently located minutes to Worcester ** House is being sold with an ADDITIONAL LOT that possibly could be sold by buyer as a build-able lot. Buyer to do due diligence. House contains .97 and lot .46. for total acreage 1.43** Chipping paint present - Seller will consider painting with an acceptable offer. Seller will be doing septic repair prior to closing and provide Cert of Compliance, plans in process with Engineer.
Open House
No scheduled Open Houses

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Categories: Price Change  


Posted by Wendy Johnson on 10/30/2019

Do you ever wonder why so many Americans dream of owning a home? From complete privacy to a nest egg in the future, one lesser-known but vital reason why homeownership is something everyone is longing to achieve is the tax breaks it provides. No one enjoys paying taxes so owning a home set you aside for tax breaks that renters are not able to claim So whether you are gearing up to buy a house or you are a homeowner preparing to file your taxes the season. This post will cover six significant tax breaks homeowners can enjoy.

What Are Tax Breaks?

You might think the term "Tax break" is another real estate complicated term but actually, it is not. Here is how ridiculously easy the meaning is: A Tax break means the government is providing you a reduction in your taxes. Plain and simple. Here are some common tax breaks for homeowners.

Common Tax Breaks for Homeowners

Mortgage Interest

Owning a home comes with several perks. One of them is that you can deduct the interest paid on the initial and second mortgage up to a million dollars in mortgage debt. To be eligible for a mortgage interest tax break, you must fulfill these requirements:

- You must have filed an IRS from 1040 and listed your deductions

- The mortgage must be a secured debt on a qualified home in which you are the owner.

State and Local Property Taxes

The property taxes from your city or State can be deducted from your income annually. But please note there is an exclusion to the deductible expenditure.

Rental Income

As a homeowner, when you rent out a room in your house or even the entire place will make you eligible for a 20% deduction on business income.

Equity Loan Interest

Another tax break you can enjoy as a homeowner is that you can lessen the amount of interest you pay on your home equity loans. However, there is a limit to the number of debts you add within the "home equity" scope.

Home Office Expenses

Working from home is the new norm of the 21st century, and many homeowners are taking full advantage of their space. If you work from your home, you will be able to reduce costs for the office space on your itemized deduction.

Capital Gains from a Home Sale

Not all tax breaks come from owning a home. Selling you your home often gives you a kind of tax break which is only know by a few people. If you would like to sell your home in the future, the capital gain will allow you to keep the profit you get from selling the house without paying any tax on it.

If you want to know more about tax breaks to get prepared for the next tax season, discuss with your local accountant.





Posted by Wendy Johnson on 10/23/2019

If you want to buy your dream house in the near future, you likely will need to put together a competitive offer to purchase. That way, you can boost the likelihood of receiving an immediate "Yes" from a property seller after you submit your homebuying proposal.

Ultimately, it helps to know what differentiates a competitive homebuying proposal from a lowball one. If a homebuyer understands what to offer for a residence, he or she should have no trouble purchasing the right residence at the right price.

To better understand how to acquire your dream house at the lowest-possible price, let's take a look at three tips to help you determine what to offer for a residence.

1. Study the Housing Market Closely

The housing market experiences ebbs and flows. Therefore, a real estate sector that favors homebuyers one day may favor home sellers the next. And if you fail to learn about the current state of the real estate market, you may struggle to put together a competitive offer to purchase your ideal residence.

Analyze the prices of available houses in your area, the prices of recently sold houses in your preferred cities and towns and other housing market data. With this information in hand, you can find out whether you're operating in a buyer's or seller's market. Then, you can craft an offer to purchase your dream residence that accounts for the present state of the real estate market.

2. Weigh the Pros and Cons of Your Dream Home

No house is perfect, and even your dream home may have its fair share of flaws. Fortunately, a homebuyer who assesses the pros and cons of a house may be better equipped than ever before to submit a competitive offer to purchase this residence.

If you view a house multiple times, you can learn about all aspects of this home and assess any property damage. After you obtain these home insights, you can create a competitive offer to purchase that accounts for the house's current condition.

3. Collaborate with a Real Estate Agent

When it comes to purchasing a house at a price that matches your expectations, it generally is beneficial to work with a real estate agent. This housing market professional will do everything possible to help you buy your dream home at a price that fits your budget.

A real estate agent understands the ins and outs of the real estate sector and can help you map out a successful homebuying strategy. He or she first will offer insights into available homes in your preferred cities and towns. Next, when you find your dream residence, a real estate agent will help you craft a competitive homebuying proposal. And if your offer to purchase is accepted, a real estate agent will make it easy to navigate the final steps of the homebuying journey.

Ready to streamline your quest for your ideal house? Use the aforementioned tips, and you can improve your chances of acquiring your dream home at a price that you can afford.




Categories: Uncategorized  


Posted by Wendy Johnson on 10/22/2019


109 Pleasant St, Paxton, MA 01612

Single-Family

$249,000
Price

7
Rooms
3
Beds
1/1
Full/Half Baths
Charming Antique Gambrel Colonial home situated on a beautiful wooded lot. This home features gorgeous hardwood flooring throughout, dining room with built in china hutch and large master bedroom on 1st floor. Arches and stunning wood railings add charm and character to this beautiful home. Living room has french doors leading to enclosed porch to enjoy the sun with your morning coffee. 2 spacious bedrooms on 2nd floor with additional room that could be used as a bedroom/office. 2 car detached garage and shed completes this package. Conveniently located minutes to Worcester ** House is being sold with an ADDITIONAL LOT that possibly could be made into a buildable lot. House contains .97 and lot .46. for total acreage 1.43** Chipping paint present - Seller will consider painting with an acceptable offer. Seller will be doing septic repair prior to closing and provide Cert of Compliance
Open House
Sunday
October 27 at 10:30 AM to 12:00 PM
Cannot make the Open Houses?
Location: 109 Pleasant St, Paxton, MA 01612    Get Directions

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Categories: Open House  


Posted by Wendy Johnson on 10/17/2019

This Single-Family in Spencer, MA recently sold for $364,900. This Cape style home was sold by Wendy Johnson - RE/MAX Professional Associates.


2 Sherwood Dr, Spencer, MA 01562

Single-Family

$364,900
Price
$364,900
Sale Price

5
Rooms
3
Beds
2
Baths
You're going to love this custom cape in the sought after Sherwood Forest Neighborhood* Rarely seen quality and attention to detail* Sunsplashed living room with soaring cathedral ceiling, brick fireplace with granite hearth and window seat* Incredible skylit country kitchen with gleaming hardwood floor and spacious eating area* First floor master bedroom with 2 closets* Tiled First floor full bath* Two second level bedrooms with glass doors* one with oversized walk-in closet* Second floor full bath with tiled shower* First floor laundry* Two car garage with openers* Great deck for entertaining*FHA heating with Central Air* Beautifully landscaped level yard with granite benches and stone walls* spectacular outbuilding with screened porch and glass cupola could be an art studio, home office, or she-shed* separate utility shed* Deeded lake rights to Thompson Pond * New Oil Tank* Great location 20 minutes from downtown Worcester

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Categories: Sold Homes