TLC Real Estate



Posted by TLC Real Estate on 1/12/2022


10 Shipyard Drive, Hingham, MA 02043

Condo

$729,000
Price

4
Rooms
1
Beds
1/1
Full/Half Baths
WATER VIEW! WATER VIEW! WATER VIEW! Beautiful Penthouse unit featuring 1 bedroom, 1 1/2 bathrooms with open floor plan and amazing water views throughout. If you dream of soft sea breezes and stunning water views, this is the home for you. Located in the heart of the Hingham Shipyard, Brio is just steps from the ferry, restaurants, grocery stores, movie theater and more. Brio is the South Shore’s premiere luxury condominium opportunity featuring such amenities as concierge service, indoor parking, storage unit, outdoor raised garden terrace (complete with fire pit and grills). Escape ordinary in this gorgeous waterfront condominium community!
Open House
Saturday
January 15 at 11:00 AM to 1:00 PM
Gorgeous penthouse with water views in living area and bedroom!
Cannot make the Open Houses?
Location: 10 Shipyard Drive, Hingham, MA 02043    Get Directions

Similar Properties





Tags: Real Estate   Hingham   Condo   02043  
Categories: New Homes  


Posted by TLC Real Estate on 1/12/2022


10 Shipyard Drive, Hingham, MA 02043

Condo

$729,000
Price

4
Rooms
1
Beds
1/1
Full/Half Baths
WATER VIEW! WATER VIEW! WATER VIEW! Beautiful Penthouse unit featuring 1 bedroom, 1 1/2 bathrooms with open floor plan and amazing water views throughout. If you dream of soft sea breezes and stunning water views, this is the home for you. Located in the heart of the Hingham Shipyard, Brio is just steps from the ferry, restaurants, grocery stores, movie theater and more. Brio is the South Shore’s premiere luxury condominium opportunity featuring such amenities as concierge service, indoor parking, storage unit, outdoor raised garden terrace (complete with fire pit and grills). Escape ordinary in this gorgeous waterfront condominium community!
Open House
Saturday
January 15 at 11:00 AM to 1:00 PM
Gorgeous penthouse with water views in living area and bedroom!
Cannot make the Open Houses?
Location: 10 Shipyard Drive, Hingham, MA 02043    Get Directions

Similar Properties





Tags: Real Estate   Hingham   Open House   Condo   02043  
Categories: Open House  


Posted by TLC Real Estate on 1/10/2022


16 Park Road, Plymouth, MA 02360

Rental

$2,900
Price

5
Rooms
3
Beds
2
Baths
Recently renovated 3 bedroom, 2 bath townhouse (end unit) located near commuter rail station. This spacious home offers an open floor plan with a beautiful electric fireplace on the main floor, kitchen with stainless steel appliances, center island, and pendant lighting. From the kitchen there is access to large deck. A full bathroom with tiled shower completes the first floor. The second floor has three bedrooms with closets in each room and a full bath with tub and shower. Hardwood floors on first and second levels. Full basement with lots of storage space as well as a washer and dryer. The electric, plumbing and heating have been upgraded. Heat is an energy efficient gas boiler to keep costs low.
Open House
No scheduled Open Houses

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Tags: Real Estate   Rental   Plymouth   02360  
Categories: New Homes  


Posted by TLC Real Estate on 1/7/2022

Image by Jojje from Shutterstock

Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest.

A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care of accrued interest on the loan for a set period. It also has a large “balloon” payment to cover the rest of the principal.

The payment plan is based mainly on a fifteen- or thirty-year mortgage, with small monthly payments until the due date for the balloon payment. These low regular payments partly cover the loan but require paying the remainder of the unpaid principal as a lump sum. Selling the house or refinancing the balloon loan before the payment is due is how most buyers approach this situation.

Key Issues with Balloon Mortgages

Lenders present a deadline by which the balloon payment is due (three- to seven-year period). The enormous amount is often more than borrowers can easily handle at once.

Paying only interest on a loan does not allow equity to build. Many homeowners use equity as a means to complete home improvements or other projects. Building equity also helps homeowners when it comes time to sell their home because a traditional mortgage reduces over time. 

Why People Opt for Balloon Loans

It is possible to refinance a balloon mortgage or sell the property before the balloon payment is due but it can be difficult to do so. A dry housing market, job loss, or low credit score are potential obstacles. Lay-offs and depressed home values can trap buyers in their balloon loans. Without the option to sell, refinance, or fulfill their balloon payments, borrowers may end up in foreclosure.

The One True Strategy

Traditional loans are generally safer than balloon mortgages. To keep housing costs at a minimum, use a balloon mortgage if you are sure you can exit before the balloon payment comes due. Otherwise, it is best to remain in the realm of traditional loans.

Review the pros and cons of taking a balloon loan before committing to it. Speak to your financial planner or realtor for professional guidance.




Tags: Mortgage   Financing   homebuyers  
Categories: Uncategorized  


Posted by TLC Real Estate on 1/3/2022


10 Shipyard Dr, Hingham, MA 02043

Condo

$795,000
Price

4
Rooms
2
Beds
2/1
Full/Half Baths
An expansive LR/DR with open kitchen featuring counter dining peninsula is flanked by two spacious bedrooms. You'll never want to leave the master BR oasis with its tall, south-facing windows, Juliet balcony, spa-like master bath, and incredible walk-in closet. A second BR, 2.5 bathrooms, and 2 parking spaces also included. The South Shore’s premier new construction condo building has it all: single-level living, concierge lobby, and professional management offer a low maintenance lifestyle while the elevated waterfront courtyard with fire pit and grills, the pet spa, kayak and bike storage, and tastefully designed homes and amenities provide the luxuries that make you feel at home. Outside your front door, the vibrant Hingham Shipyard filled with shops, dining, entertainment and groceries awaits. Take the nearby water ferry direct to downtown Boston or Logan Airport, ride the rails of the commuter train, or enjoy the charm of picturesque downtown Hingham.
Open House
No scheduled Open Houses






Tags: Real Estate   Hingham   Condo   02043  
Categories: New Homes  




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