The Results Team | Medfield Real Estate, Sherborn Real Estate, Dover Real Estate



19 Harding Ave, Waltham, MA 02453

Rental

$2,800
Price

8
Rooms
4
Beds
2
Baths
Sparkling Ready Rental! Feel good about moving into this ultra-neat 4 bedroom 2 full bath rental. Huge kitchen with lots of room for a table and then some! Large bedrooms on the main floor with a full bath with recent updates. Large living room with big windows that let all the light in. Stairs to the lower level reveal 2 more large bedrooms and a full bath with a washer and dryer making this another reason this place provides it all! Parking is available in the over sized driveway and there is on street parking available along this quiet dead end street. Public transportation just steps away. Then there is Bentley University and all that Moody St has to offer, so close you could walk if you really wanted to. Good credit and income required. No pets or smoking. Don’t wait call for showings.
Open House
No scheduled Open Houses

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221 Main Street, Blackstone, MA 01504

Rental

$1,250
Price

6
Rooms
2
Beds
1/1
Full/Half Baths
Spacious townhome close to Rt 146, shopping and more! Unit includes large eat-in kitchen with gas stove, dishwasher and refrigerator.Both bedrooms as very large with carpet and have lots of windows. This great townhome also has a oversized family room, and 2 additional rooms that could be used as an office, den or stud
Open House
No scheduled Open Houses




Every industry has its specific vocabulary. Real estate is no exception. If you are new to the home-buying market, you may find yourself stumped by the abbreviations, lingo, acronyms, and unfamiliar jargon commonly used in real estate sales materials, online listings, contracts, and the like. Do not be confused. Learn the terms so you can read that paperwork with ease. Abatement is a real estate term with which you need to become familiar.

Abatement

In standard legal terms, abatement means the removal or diminishment of something. In residential real estate, this term usually refers to property tax in the form of a property tax abatement. Since property taxes become ongoing annual homeowner expenses even after you entirely pay off a mortgage, being able to access a property tax abatement is an asset. For example, if a municipality such as a city, county, state, or other property-tax entity offers you a tax reduction, it could reduce the monthly housing costs by up to five percent during the period of abatement.

Property tax abatement programs can make it easier to qualify for a larger mortgage by reducing your income/debt to housing cost ratio. Also, while the reduction is effective, it adds value to your home when you're ready to put it on the market. 

Certain tax abatements are for one-time improvements to an existing property. These could be for upgrades such as:

- Converting non-residential buildings to residential use
- Installing environmentally friendly additions
- Renovations that increase property value

Typically, these improvements must conform to the requirements, and follow building codes and permitting processes. If you've planned to purchase a home for renovation purposes, make sure that your agent knows so that you get advice on any reductions in effect for the houses you consider.

Along with state or local abatements, there are some federal tax incentives for restoration and preservation of homes designated as historical or with public value. Other abatements may be for qualified newly constructed homes.

Some municipalities have property tax abatements that are effective for several years. Most often these are in place to attract buyers to redeveloping neighborhoods or areas that are under renewal, in the process of revitalization, or are in lower demand. The specific qualification requirements for tax abatements differ, so be sure to talk with your agent about access to potential abatements when house-hunting.

Asbestos and Lead-Paint

Other uses for the term abatement relating to real estate include some expenses associated with buying an older property or a property's repurposing from commercial to residential. For example, when purchasing a home built prior to 1978, any renovations or improvements might need to conform to lead paint abatement requirements. A potential abatement cost is for asbestos removal. Before the 1970s, asbestos featured regularly as insulation in ducts and pipes, concrete exterior siding, floor tiles, as vermiculite attic insulation, in wall or ceiling acoustical tiles. The Environmental Protection Agency oversees asbestos removal, so if you plan to make changes to a property older than the 70s, your realtor can help you navigate all the requirements of asbestos abatement and may recommend qualified professional asbestos removal contractors. Certain older homes might be eligible for asbestos or lead paint removal grants. 

Your agent can help you determine for which programs the home you are considering buying might qualify. Be sure to ask them about both tax abatements and asbestos or lead paint abatement grant programs.



222 School Street, Walpole, MA 02081

Rental

$1,700
Price

4
Rooms
2
Beds
1
Baths
Sunny 2 bedroom condo facing courtyard of Parkview condominiums. Close to center of town and all it has to offer. Public transportation, stores, new library and town pool. Open floor plan for livingroom, kitchen and dining area. Coin laundry facilities on premises. Units very rarely come on so close to town. Great Location and nice comfortable unit.
Open House
No scheduled Open Houses




Not All Homes Are Built Alike! Welcome to this beautiful Cape style home which has been updated over the years. Open concept kitchen with stainless steel appliances, granite counter tops and an island with room to sit and enjoy. As you enter the living room there is a fireplace with a big bay window. Also, downstairs is a bedroom and an updated full bath. Fresh paint throughout along with hardwood flooring enhance the condition of this property. The second floor has a full dormer off the back overlooking the back yard with full size windows. Two large bedrooms with 2 large closets and a gorgeous modern bathroom renovation with glass shower doors. The entire exterior siding just got a makeover with cedar shake impression siding. Enjoy the yard while sitting on your new deck. A short walk to Jackson Square shops and eateries.

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