Marjorie Youngren Team | Lynnfield Real Estate, Melrose Real Estate, Middleton Real Estate



360 Andover Street, Danvers, MA 01923

Condo

$445,000
Price

4
Rooms
2
Beds
2
Baths
IF YOU LIKE SHINY AND NEW AND NOTHING TO DO...... THIS IS THE CONDO FOR YOU! Features include: 2 bedrooms, 2 full bathrooms, in unit laundry, gas heating, gas cooking, 2 parking spaces, clubhouse, gym, playground. Easy access to major highways, shopping and restaurants. This METICULOUS six year young unit is as good as NEW! It has been FRESHLY painted throughout, carpets and unit have been professionally cleaned. New stainless GAS stove and master bath vanity! It doesn't get much better than this...... Open House: Saturday and Sunday 11:30-1:00.
Open House
No scheduled Open Houses

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This Single-Family in Lynn, MA recently sold for $389,900. This Colonial style home was sold by Marjorie Youngren Team - William Raveis Real Estate.


81 EAST PARK AVENUE, Lynn, MA 01902

Single-Family

$389,900
Price
$389,900
Sale Price

7
Rooms
4
Beds
1
Baths
Do not miss out on this charming 4 bedroom colonial home on a dead end street in a great section of Lynn. Convenient to public transportation, beaches, and parks. Enter through the enclosed sun porch filled with natural light. The large foyer leads you to the eat in kitchen, spacious living room and formal dining room with stain glass window, wainscoting and built in china cabinet. Hardwood floors and loads of natural light throughout this home. The second floor has four bedrooms and a large updated bath. The walk up attic allows for plenty of storage. Relax on the multi level deck and admire your private fenced in yard. Updates include roof 2018, freshly painted exterior, new gutters, front porch windows 2018 and new lower deck.

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Have you heard the term “earnest money” but really aren’t sure what it means? Once you have found the perfect home and are all set to make an offer, there’s one more step that you need to take. That’s to make a deposit on the home you want to buy. This is known as an “earnest money deposit.”  


The Purpose Of The Deposit


The deposit shows the seller that you’re serious about buying the home. It’s a measure that allows the seller to have some faith in you as a buyer that you’re truly moving forward with your decision; you’re ready as a buyer to make the financial commitment. This deposit allows the deal to begin on a solid basis without much question. 


Is The Deposit Required Legally To Buy A Home?


From a seller’s perspective, a deposit keeps a buyer from changing their mind. If there is a significant amount of money involved, the seller sees the deposit as a way to keep the buyer locked in. This makes it easier for sellers to accept an offer. 


How Much Is Expected For An Earnest Money Deposit?


These deposits don’t quite have a standard amount. The general rule is that they range from 1% of the home price up to 5%. The more expensive of a home that’s being purchased, the larger the earnest money deposit should be. In some cases, the seller may even ask for a certain amount of a deposit to ensure that buyers are serious. How much money you pay at once is often negotiable. You may be able to pay part of the money at one time and the other part at a later date.


New Construction Can Require Large Deposits


New construction homes can require large earnest money deposits- up to half of the purchase price of the home. This is because the construction costs need to be paid upfront and the bank wants proof that the units being constructed with loan money are being sold to buyers who can pay for the home. 


New construction homes are often customized as well. It would be detrimental to a developer to make special changes to a home only for a buyer to walk away. 


Getting The Deposit Refunded


As with everything in real estate, you’ll have a contract. If you don’t follow the terms of the contract, you risk losing your earnest money deposit. Two main reasons for buyers to walk away are a flopped home inspection or financing that falls through. Read your contracts carefully. Sellers sometimes state that deposits are nonrefundable after a certain number of days. 


You need to be sure that you are covered as a buyer in the purchase and sales agreement. If you back out of a home purchase without good reason like a contingency included in the agreement) you could be out of luck when it comes to getting your deposit back.    





33 DONCASTER CIRCLE, Lynnfield, MA 01940

Single-Family

$699,900
Price

9
Rooms
3
Beds
2
Baths
SUPER NEW PRICE!! GET IN QUICK!! THIS STUNNING "POTTERY BARN" HOME has been meticulously transformed by the current owners & is sure to impress. Nothing has been overlooked in their quest to create the ULTIMATE ENTERTAINING SPACE.The first things you will notice upon entering this fabulous home is the OPEN CONCEPT SET UP, w/current colors & shining HW floors. The spectacular interior boasts a GOURMET KITCHEN w/stunning white granite counters, custom white cabinetry, an OVERSIZED CENTER ISLAND, SS appliances & an abundance of recessed lighting. This room leads to a DINING AREA w/bay window within a GREAT ROOM boasting 20+ foot ceilings, custom built cabinetry, wine cooler, wet bar & recessed lighting. Additionally, this floor includes a large living room w/ working fireplace, updated bath, & 3 bedrooms. The lower level includes a family room w/Anderson sliders to the private back patio, an exceptional play room w/full updated bath& access to 2 car garage.
Open House
Sunday
January 05 at 12:30 PM to 2:00 PM
Cannot make the Open Houses?
Location: 33 DONCASTER CIRCLE, Lynnfield, MA 01940    Get Directions

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33 DONCASTER CIRCLE, Lynnfield, MA 01940

Single-Family

$699,900
Price

9
Rooms
3
Beds
2
Baths
SUPER NEW PRICE!! GET IN QUICK!! THIS STUNNING "POTTERY BARN" HOME has been meticulously transformed by the current owners & is sure to impress. Nothing has been overlooked in their quest to create the ULTIMATE ENTERTAINING SPACE.The first things you will notice upon entering this fabulous home is the OPEN CONCEPT SET UP, w/current colors & shining HW floors. The spectacular interior boasts a GOURMET KITCHEN w/stunning white granite counters, custom white cabinetry, an OVERSIZED CENTER ISLAND, SS appliances & an abundance of recessed lighting. This room leads to a DINING AREA w/bay window within a GREAT ROOM boasting 20+ foot ceilings, custom built cabinetry, wine cooler, wet bar & recessed lighting. Additionally, this floor includes a large living room w/ working fireplace, updated bath, & 3 bedrooms. The lower level includes a family room w/Anderson sliders to the private back patio, an exceptional play room w/full updated bath& access to 2 car garage.
Open House
No scheduled Open Houses

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