Why own a home?

Are you thinking it is time to make the move into to homeownership?
Helping buyers purchase the right home is what I do.
Put my extensive experience as a real estate professional in local residential home sales to work for you!  Just give a call 508-930-5259 or an e-mail jen.mcmorran@gmail.com.
Homeownership-Month-STM-ENG-791x1024 (1)

Not sure where to start?  First Time Home Buyers are one of my specialties.  I have the patience, knowledge, and the right team of professionals to guide you through the entire process.  I surround myself with professionals who understand that as a First Time Home Buyer you are going to have questions, you are going to be getting advice (good and bad) from family and friends,  and that you aren’t even going to know enough about some parts of the transaction to know you should be asking questions.  That is when we make the biggest difference for you.  We aren’t just about numbers and deals… we are about working with people to assist them in making the best decisions they can when it comes to their upcoming homeownership move.

When you make the choice to work with me, you will also have the opportunity to work with some of the best mortgage officers, home inspectors, attorneys, and contractors around.  We have a track record of respect in the industry and success in reaching our clients’ home ownership goals.  The best part … we are ready now to work hard for you!

Always a pleasure to be of any assistance to you or anyone you know who is thinking about buying or selling a home. I love to work hard for my clients and your referrals throughout Massachusetts and Rhode Island.

Jen McMorran, Realtor

Jennifer McMorran, Realtor, SRES
New Construction & First Time Home Buyer Specialist
MA & RI Licensed Real Estate Sales Assocate
Kensington Real Estate Brokerage
508-930-5259
Jen.McMorran@gmail.com
www.jenmcmorran.realtor

real estate for real people.

Serving clients throughout
Massachusetts & Rhode Island.
Boston – Attleboro – Providence
and the communities in between.

Looking for a first home to make your own?

Are you looking for an affordable home that you can make your own while mortgage rates remain low?  Love the idea of being just blocks from the train station for easy commutes to Boston or Providence?  How about being just a short stroll from amazing restaurants and pubs like Canova’s and Morin’s?  Or close to the YCMA for your daily workouts,  a relaxing swim, fun classes for kids, or getting together with other community members? Or do you enjoy hanging out at the library curled up with a good  book?

IMG_0999Well, if you make 128 Union Street in Attleboro your next home, you can have all of that to enjoy!


Very accommodating sellers … Easy to show by appointment as well!

128 Union Street, Attleboro
NOW $214,900

IMG_1004Tucked away off of Union Street down a shared driveway you’ll find a solid 3 bedroom Colonial full of charm and potential AND a HUGE private backyard.  This truly is a little gem of a property!    Located just blocks from Attleboro’s vibrant downtown,  you will enjoy a newer roof, windows, driveway, and shed.  Great space includes an eat-in kitchen, good sized family room, a living room, and spacious full bath on the main level and three bedrooms on the second level.   Hardwood floors throughout almost the whole home except for tiled kitchen and carpeted living room.  The fenced backyard is perfect for outdoor gatherings with friends and family with plenty of space for relaxing, entertaining, and playing.

Stop by the Open House on Saturday or let’s schedule a private showing.  Sellers are great to work with and usually just need a little notice.  Please feel free to contact me by phone 508-930-5259, text , e-mail jen.mcmorran@gmail.com, or simply fill out the form below.

And if I can ever be of any assistance to you or anyone you know who is thinking about buying or selling a home, please be in touch.  I love to work hard for my clients and their referrals throughout Massachusetts and Rhode Island.

Jen McMorran, Realtor

Jennifer McMorran, Realtor
New Construction & First Time Home Buyer Specialist
MA & RI Licensed Real Estate Sales Assocate
508-930-5259
Jen.McMorran@gmail.com
www.jenmcmorran.realtor

real estate for real people.

Serving clients throughout
Massachusetts & Rhode Island.
Boston – Attleboro – Providence
and the communities in between.

Kensington - Jen McMorran

 

Don’t be scared… get the facts!

Jen McMorran, RealtorMortgages and the home buying process continually evolve and change to meet the needs of the ever changing consumer, adjust to the state of over all economy, and facilitate a strong housing market without becoming irresponsible again.

So, “No”, it is not like when your parents bought a home 20 years ago or even when you friend bought a home 5 years ago.  But knowledge is power.   As long as you know the facts, you too can be on the path to home ownership which most financial advisors still believe is one of the best long term investments you can make with your money.don't be scared to buy a home
Infographic, Keeping Current Matters, October 2017

And of course, educating and sharing the facts is one of my favorite roles as a real estate agent.  Whether I am working with first time home buyers, move-up buyers, empty-nesters, or retirees … the entire transaction moves along smoother when we take as much of the uncertainty and fear out of the process as we can.

Did you know that there are still 0% down payment mortgage programs, 3.5% down payment mortgage programs, and then of course 10%, 20% …  The key is to work with a mortgage professional who will talk you through all of your options.

Did you know you don’t have to have a perfect credit score to qualify?

Did you realized that buying a home can ultimately be less expensive than renting?

Steph and Derrick SoldRemember until you discuss your current situation and goals with a mortgage and real estate professional, you may not have all of the facts.  I am always available as a resource to you, your friends, co-workers, family members… feel free to call, text, 508-930-5259 or e-mail jen.mcmorran@gmail.com any time!!  I only recommend the best when it comes to mortgage professionals, attorneys, home inspectors, etc. as they are essential to successful transactions.  Again, please do not hesitate to reach out if you are in need of a referral or just trying to figure how to start the process.   It’s what I do… share information to help buyers and sellers meet their goals.

Jen McMorran, Realtor

Jennifer McMorran, Realtor
New Construction & First Time Home Buyer Specialist
MA & RI Licensed Real Estate Sales Assocate
508-930-5259
Jen.McMorran@gmail.com
www.jenmcmorran.realtor

real estate for real people.

Serving clients throughout
Massachusetts & Rhode Island.
Boston – Attleboro – Providence
and the communities in between.

Kensington - Jen McMorran

It’s happening… Ides Hill!!

Soon thisIMG_8212 (2)

will become that…

IMG_7961

featuring gorgeous kitchens like this …

Model Kitchen Ide's Hill Common

 

custom designed bathrooms like this…

IMG_6009

and beautiful living rooms like that…

011-Living_Room-1600064-large

What are you waiting for?  These 3BR, 2.5BA custom NEW Townhomes on Commerce Way in Attleboro will sell fast!   At Ides Hill Commons we will be building twelve  one-car units and twelve two-car garage models.   All of these custom new Townhomes  will feature approximately 1600sf of living, hardwood & tile floors, granite counter tops,  stainless steel appliances, gas fireplace, central air, gas heat, energy star ratings, and the ease of carefree classy condo living.  Located just a mile to Route 95 and minutes to the train.  Priced $324,900-$329,900 with a condo fee of only $220/month.  It is no wonder our project of twenty-four townhomes across the street at Flynn Terrace sold out in just a year!

We have one model left to show over at Flynn Terrace before it closes on February 25th.  Please let me know if you would like to schedule a tour this weekend or early next week.  Once buyers see the high end finishes and quality construction that goes into our builds, they are sold!  Bring your check book and get ready to write up a contract as you will not want to miss out on these.  We are anticipating delivery for summer 2016 (and crossing our fingers that the weather continues to cooperate in hopes of working right through to completion without any “snow days”!).

Think about meeting with a mortgage officer sooner than later as well.  With new construction projects, many lenders have different requirements so best to get that information upfront.  And, if you have a home to sell, now is the time get it on the market… it is absolutely true, buyers are out there fighting over homes because of such low inventory on the market right now.

Give a call, text 508-930-5259 or e-mail jen.mcmorran@gmail.com.  Let’s set up a time to tour and get your all of the information you need to make your next move.

Jen McMorran, RealtorJennifer McMorran, Realtor
New Construction & First Time Home Buyer Specialist
(and Antique lover & home owner!)
508-930-5259
Jen.McMorran@gmail.com
www.jenmcmorran.realtor

real estate for real people.
business earned through respect, reputation, & referrals.

Kensington - Jen McMorranServing clients throughout Massachusetts.
Attleboro to Boston and the communities in between.

 

 

Respect, Reputation, & Referrals

New Year 2016No doubt, now that the New Year is upon us,
real estate will become a hot topic of conversation.
It could be talking about purchasing a new home, bragging about a deal someone got on their new home, shock at what a neighbor’s home just sold for,
or what an amazing mortgage interest rate someone just locked in on their refinance.  You will hear it all!

If by chance you come upon a friend or family member talking about buying or selling their home, please know I love (and so appreciate!!) referrals.  I am honored to have had such a wonderful year working with amazing buyers and sellers.  My biggest achievement in 2015 was that the majority of my business came from referrals.  photo (24).JPGClients who have worked with me and closed on their homes have shared their positive experiences with friends, family, neighbors, co-workers, and customers.  Even my clients who were active in the purchase, selling, or building process have passed along my contact information.

In addition to what I personally offer my clients, I also understand that successful real estate transactions are a group effort. Over the years, I have collected a great team of mortgage officers, attorneys, home inspectors, and contractors.   I have also established myself among my fellow real estate professionals as someone who is respected, eager to work hard, and ready to communicate throughout the process to the benefit of all parties.  My reputation is my brand and I am committed to maintaining my brand! I want buyers, sellers, investors, builders, and  Realtors to feel confident when they see my name associated with a transaction.

Truly, there is no better compliment than to be trusted to empower others to achieve their real estate goals.  Call, text, or e-mail anytime… Believe me, I am ready to put my experience, patience, and perseverance to work for you or anyone you may know!

Jen McMorran, RealtorJennifer McMorran, Realtor
New Construction Specialist
508-930-5259
Jen.McMorran@gmail.com
www.jenmcmorran.realtor

respect, reputation, & referrals.
real estate for real people.

Kensington - Jen McMorran Serving clients throughout Massachusetts.
Attleboro to Boston and  the communities in between!

~ First Time Home Buyers ~ New Construction ~ Antique Homes ~
Townhomes & Condominiums ~ Existing Home Sales ~

First Time Home Buyer Myths

Have you been thinking about buying your first home?
What do you think is holding you back?

Make sure to get the facts before:
* spending more money on increasing rents which
may limit your ability to save for a down payment
OR
*you miss out on still historically low interest rates.

Slaying-Myths-KCm

I am so pleased to work with a variety of lenders that I trust to get the job done.   I only recommend Mortgage Officers who are willing to take the time to answer questions, explain processes, and work with you on accomplishing your goals.   And, always feel free to contact me as well with any questions or happy to set up a meeting … just call/text 508-930-5259 or jen.mcmorran@gmail.com.

Jen McMorran, Realtor

Jen McMorran, Realtor
508-930-5259
jen.mcmorran@gmail.com
http://www.jenmcmorran.realtor
http://www.BeHomeBeWell.com
Kensington - Jen McMorran

New Construction Specialist, First Time Home Buyers,
Townhomes & Condominiums, Exhisting Home Sales, Antique Homes

Working with buyers and sellers from Providence, RI to Boston, MA.

 

What’s your goal?

Family Home Purchase

Does your new home search include…

a nice house

in a location that makes sense

with a mortgage you can afford?

Sounds pretty reasonable to me.

Are you feeling “stuck” because you have to sell you current home?

Are you afraid you won’t sell your current home
for as much as you think you should?

I can’t stress enough the importance of getting all of the facts
and considering the whole situation.

Maybe you’ll have to sell your current home for less than what you paid for it. Or, maybe you are even going to sell it for less than what you owe on your mortgage. I’m sure the thought of bringing a check to the closing table to sell your house seems unbearable,
BUT… what if that allowed you to purchase your next home? That’s sounds better, right?

Try thinking of it as a cost associated with your purchase and not a loss on your sale.

Mortgage rates are still low and very affordable.   New housing inventory is steadily trickling on to the market.  Let’s determine the most likely selling price for you home.    Then let’s set up time with a mortgage officer to determine the price point you can afford and feel comfortable with on your next home purchase.

First time home buyerThere may be some bumps in your journey to a new home.

Ultimately, though,  if you end up in a home you like,
in a location that works
with a mortgage you can afford,
isn’t that really the goal and worth it?

I can be conveniently reached by phone 508-930-5259, text 508-930-5259 or e-mail jen.mcmorran@gmail.com.

 Whether buyer, selling, or both, let’s determine your goal and create a plan to reach it.

Jen McMorran, Realtor * 508-930-5259 * jen.mcmorran@gmail.com
*Kensington Real Estate Brokerage *

New Construction Projects:

Flynn Terrace KitchenFlynn Terrace:  3BR, 2.5BA Townhomes with 2 car garages. Starting at $314,900
*Open House, Saturday 12-2 * 1400 Commerce Way, Attleboro*

Brigham Hill:  New custom homes. Will build to suit. Starting at $500,000.
24  Brigham Hill53 Brigham Hill, Attleboro * Open House, Sunday 12-2
Up and Ready! 3BR, 2.5BA Colonial with walk-out basement and solar power! $475,000

First-Time Home Buyers… Five Common Mistakes (and how to avoid them!)

First Time Home BuyersTis the season … the Spring housing market is taking off.  If you are first time home buyer, now is the time to get prepared with the basics so you can take advantage of new inventory coming on the market and the continued low interest rates still under 4%  (and if you’re new to it all, under 4% is great!).

5 Common First-Time Home Buyer Mistakes

Finding Home1.  They don’t ask enough questions of their lender and end up missing out on the best deal.

 2.  They don’t act quickly enough to make a decision and someone else buys the house.

 3.  They don’t find the right agent who’s willing to help them through the home buying process.

4.  They don’t do enough to make their offer look appealing to a seller.

5.  They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.
Source: Real Estate Checklists and Systems, www.realestatechecklists.com.

 

How to Avoid 5 Common First-Time Home Buyer Mistakes

1.  They don’t ask enough questions of their lender and end up missing out on the best deal.
ASK QUESTIONS!
What is the current interest rate? What will my monthly payment be including taxes & insurance?
What happens if the rate goes up?
What happens if the rate goes down? Is there a program to make sure I get the lower rate if it decreases before I close? Is there a fee for that program?
What are the fees involved with this loan? Will I be charged PMI (private mortgage insurance)? Can I avoid that?
What do I need for a downpayment?
Can I get a gift of money from friends or family to put towards my downpayment?
If I am buying new construction which won’t be ready for a few months, can I lock an interest rate in now? Are there any extended rate lock programs available?

2.  They don’t act quickly enough to make a decision and someone else buys the house.
The Spring market can move at a fast and furious pace … BE PREPARED and READY to make an offer!  
If there is a listing you love and think is a good value, chances are hundreds of other buyers and agents are thinking the same thing. Let’s set up a search NOW so you get daily updates of homes in your price range. Even if you are thinking Summer, now is the time to get comfortable with the market and a better feel for what you like and what you can afford.
Then, set up time to meet with a mortgage officer. This is a great time of year to do it since you already have much of the paperword handy from filing your taxes.  They will consider your credit score, income, debt, and assets when figuring out the mortgage amount for which you will quality.  Remember, you need to be comfortable with the monthly payment!!  You know your lifestyle, so even though you may qualify for a higher  mortgage amount that doesn’t mean you have to search that high.  If you are a solid borrower, they will give a prequalification or pre-approval letter that we can then present to strengthen any offer you may make.  If the mortgage company, feels you need to wait a bit to work on credit or decrease debt, ask them what specific things you should work on and pay off – it will make a difference.

3.  They don’t find the right agent who’s willing to help them through the homebuying process.
I truly enjoy sharing the knowledge I have gained over the years both personally and professionally to make a first time home buyer as comfortable as possible with the process. I have no expectations of you except that you will be honest, willing to listen & learn, and ask a million questions along the way. You’ve never done this before and honestly things are constantly changing in Real Estate. Friends and family will have their opinions, but remember how important it is to get the facts and to form your own opinion. I am ready to guide you from starting your search to closing on your first home.

4.  They don’t do enough to make their offer look appealing to a seller.
There is more to an offer than just sale price. As a buyer’s agent, I always urge buyers to think about presenting a strong offer.
Present a $1000 check as a deposit with the offer (If the offer is accepted, that money will be applied to the amount you ultimately need to bring to the closing anyway. If the offer is not accepted, the check gets handed back to you.)
Have a pre-approval letter from a reputable bank ready to submit with your offer.
Think about the closing date – would a quick closing work better for a seller or an extended closing? Maybe a seller would like flexibility with a closing date because they are searching for a new home themselves or building one?
Are you looking to have closing costs paid for so there is less money out of your pocket? If you are in a bidding war with other buyers, consider offering over the ask price so you can finance your closing costs into the mortgage (The seller would credit you back that amount at closing. Sometimes this can lead to issues with the bank’s appraisal of the property so make sure to discuss with your buyer’s agent.)
Time is of the essence when selling a home. Make sure dates for inspection, Purchase and Sale signing, and mortgage commitment are reasonable but not drawn out. A seller does not want to lose marketing time if your deal is not going to go through.

5.  They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.

You likely will not be in your first home forever. Think into the future about when you try to sell this home. If it is a hard location to sell now, it is most likely going to be a hard location later as well. When you sell, you will be paying the agent’s commissions (typcially 5%). Do you think this home will appreciate to cover that and allow you to purchase a new home? Are there major projects that need to be done now? Buyers are going to want those projects to be completed when you sell or they are going to expect a drastically reduced price to adjust for that. Every property will have its advantages and disadvantages. Let’s discuss those now and anticipate how to correct for them in the future.  Your offer should reflect your concern with resale value.

I really do enjoy working with First Time Home Buyers so please let me know when you are ready to start the process.
I am ready to guide you through the whole the process, from search to close!

Jen McMorran, Realtor * 508-930-5259 * jen.mcmorran@verizon.net
Kensington Real Estate Brokerage * www.jenmcmorran.realtor

The Big 5 and Your Credit

Loving that buyers can start off the new year with mortgage rates still in the 3’s AND for First-Time Home Buyers, the 3% down payment loans are back – yay!!

First Homes are the Best

Low down payments, low interest rates… now what do you need to take advantage of both?

First, you’ll want a great buyer’s agent, like myself of course 🙂  I will help you find a home that suits your lifestyle & negotiate terms that fit your budget.

You will also need a trusted mortgage officer to help you secure a mortgage with a lender.  And, finally, lenders are going to want to see good credit to give you the most flexibility with down payments and the best rates. Now, what goes into a good credit score?

Click this link to  The 5 Biggest Factors Affecting Your Credit  as explained by Amy Fontinelle on Investopedia.com (which, by the way, is a site full of understandable information for consumers).

1. Payment History (35%)
2. Amounts Owed (30%)
3. Length of Credit (15%)
4. New Credit (10%)
5. Types of Credit in Use (10%)

Your credit score reflects the amount of risk a lender may be taking when they loan money to you.  It indicates how responsible you have been in taking out credit and paying back those loans and bills.  If you have not shown stable repayment of debt, expect a low credit score (and expect that banks may not want to loan you hundreds of thousands of dollars for a new home or that they may charge you much more to borrow from them).  On the flip side, if you have taken out credit and managed it well, your score will be higher rewarding you with better rates and more options for loans. This article takes only a few minutes to read, but is great information for years to come whether working to maintain your credit or rebuild it.

Jen McMorran Jen McMorran, Realtor
jen.mcmorran@verizon.net
508-930-5259
First Time Home Buyers
Existing Home Sales
New Construction
Antique Homes

Kensington Real Estate Brokerage – Servicing clients from Boston to Providence! North Attleboro, Attleboro, Plainville, Wrentham, Mansfield, Norton, Foxboro, Sharon, Seekonk, Cumberland, North Smithfield, Providence, Lincoln

What a Difference Wednesday … 3% Down Payments!

Great news for some of my favorite clients … First Time Home Buyers!

Fannie Mae announced a new 3% down payment option for qualified first time buyers!!  Some homeowners with Fannie Mae loans may also be able to refinance with a 97% LTV (loan to value) which is good news for those who would not qualify under HARP (home affordable refinance program).

Give a shout if you’d like help connecting with a mortgage professional.  So important that you are comfortable with your mortgage officer. I’d be happy to share my favorite and most trusted contacts with you!

December 08, 2014
Fannie Mae Announces 97 Percent LTV Option for First-Time Homebuyers
Lower down payment enables qualified borrowers to access credit
Callie Dosberg
202-752-3117

WASHINGTON, DC – Today, Fannie Mae (FNMA/OTC) announced an option for qualified first-time homebuyers that will allow for a down payment as low as three percent. Building upon Fannie Mae’s successful lower down payment program offered through state Housing Finance Agencies, the 97 percent loan-to-value ratio (LTV) option will expand access to credit for qualified first-time homebuyers that may not have the resources for a larger down payment. These loans will meet Fannie Mae’s usual eligibility requirements, including underwriting, income documentation and risk management standards. These loans will require private mortgage insurance or other risk sharing, as is required on purchase loans acquired by the company with greater than 80 percent LTV. Read more

Jen McMorran Jen McMorran, Realtor
jen.mcmorran@verizon.net
508-930-5259
First Time Home Buyers
Existing Home Sales
New Construction
Antique Homes

Kensington Real Estate Brokerage – Servicing clients from Boston to Providence! North Attleboro, Attleboro, Plainville, Wrentham, Mansfield, Norton, Foxboro, Sharon, Seekonk, Cumberland, North Smithfield, Providence, Lincoln