Maria Salzillo - Mrs Realtor Agent, SRES, ABR, CNS, ASP, Cartus Relo



157 Grapevine Road, Wenham, MA 01984

Single-Family

$1,225,000
Price

12
Rooms
4
Beds
3/1
Full/Half Baths
LOCATION, LOCATION-Impressive NEW CONSTRUCTION sprawling custom colonial style home privately set on 2 acres of land! Enter to a grand foyer w/custom flooring open to the formal dining rm w/sculpted ceilings, a formal living rm w/coffered ceilings & french doors,a spectacular Chef style kitchen w/lg center island/breakfast bar open to a huge custom fire placed family room w/lrg windows overlooking the private rear yard & access to the deck, a half bath, as well as 1st floor bedroom w/full bath(perfect for in-laws/au pair or guests) & second entry hall w/plenty of closet space & easy access to the massive 3 car garage. Second floor offers A huge master suite w/fireplace, 2 walk-in closets,a luxurious bath w/tub, walk-in shower & two vanities, plus 2 generous sized bdrms, full bath w/double sink vanity, lrg exercise rm, office/nursery, a 2nd family rm & laundry rm. Walk up attic offers opportunity for additional space and full basement w/plenty of natural sun light & exterior access.
Open House
Sunday
September 15 at 11:30 AM to 1:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 157 Grapevine Road, Wenham, MA 01984    Get Directions

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157 Grapevine Road, Wenham, MA 01984

Single-Family

$1,225,000
Price

12
Rooms
4
Beds
3/1
Full/Half Baths
LOCATION, LOCATION-Impressive NEW CONSTRUCTION sprawling custom colonial style home privately set on 2 acres of land! Enter to a grand foyer w/custom flooring open to the formal dining rm w/sculpted ceilings, a formal living rm w/coffered ceilings & french doors,a spectacular Chef style kitchen w/lg center island/breakfast bar open to a huge custom fire placed family room w/lrg windows overlooking the private rear yard & access to the deck, a half bath, as well as 1st floor bedroom w/full bath(perfect for in-laws/au pair or guests) & second entry hall w/plenty of closet space & easy access to the massive 3 car garage. Second floor offers A huge master suite w/fireplace, 2 walk-in closets,a luxurious bath w/tub, walk-in shower & two vanities, plus 2 generous sized bdrms, full bath w/double sink vanity, lrg exercise rm, office/nursery, a 2nd family rm & laundry rm. Walk up attic offers opportunity for additional space and full basement w/plenty of natural sun light & exterior access.
Open House
Sunday
September 15 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 157 Grapevine Road, Wenham, MA 01984    Get Directions

Similar Properties



If you’re a first-time homebuyer, odds are you’ve thrown the words “prequalified” and “preapproved” interchangeably. However, when it comes to home loans, there are some very important differences between the two.

For buyers hoping to purchase a home with a few missteps and misunderstandings as possible, it’s vital to understand the procedures involved in acquiring financing for a home.

Today, we’ll break down these two real estate jargon terms so that you can go into the mortgage approval process armed with the knowledge to help you succeed in securing a home loan.

Mortgage prequalification

Let’s start with the easy part--mortgage prequalification. Getting prequalified helps borrowers find out what kind and what size mortgage they can likely secure financing for. It also helps lenders establish a relationship with potential customers, which is why you will often see so many ads for mortgage prequalification around the web.

Prequalification is a relatively simple process. You’ll be asked to provide an overview of your finances, which your lender will plug into a formula and then report back to you whether or not you’re likely to get approved based on your current circumstances.

The lender will ask you for general information about your income, assets, debt, and credit. You won’t need to provide exact documents for these things at this phase in the process, since you have not yet technically applied for a mortgage.

Prequalification exists to give you a broad picture of what you can expect. You can use this information to plan for the future, or you can seek out other lenders for a second opinion. But, before you start shopping for homes, you’ll want to make sure you’re preapproved, not prequalified.

Mortgage preapproval

After you’ve prequalified, you can start thinking about preapproval. If you’re serious about buying a home in the near future, getting preapproved will simplify your buying process. It will also make sellers more likely to take you seriously, since you already have your financing partially secured.

Mortgage preapproval requires you to provide the lender with income documentation. They will also perform a credit inquiry to receive your FICO score.

Mortgage applications and credit scores

Before we talk about the rest of the preapproval process, we need to address one common issue that buyers face when applying for a mortgage. There are two types of credit inquiries that lenders can perform to view your credit history--hard inquiries and soft inquiries.

A soft inquiry won’t affect your credit score. But a hard inquiry can lower your score by a few points for a period of 1 to 2 months. So, when getting preapproved, you should expect your credit score to drop temporarily.

After preapproval

Once you’re preapproved for a mortgage, you can safely begin looking at homes. If you decide to make an offer on a home and your offer is accepted, your preapproval will make it easier to move forward in closing on the home.

Once the lender checks off on the house you’re making an offer on, they will send you a loan commitment letter, enabling you to move forward with closing on the home.



145 Russell Street, Peabody, MA 01960

Single-Family

$539,900
Price

14
Rooms
5
Beds
2
Baths
Expanded 5 Bedroom 2 bath ranch style home in WEST PEABODY near the Lynnfield/Middleton line!! This spacious well maintained home offers many living options with a very unique floor plan. The main living area hosts 4 generous sized bedrooms, a ceramic tiled kitchen w/breakfast bar, a family room w/slider to the rear deck, a den room w/pellet stove, a dining room w/french doors to the deck, a full ceramic tiled bath and gleaming hardwood floors. The walk out lower level offers a bedroom w/french doors, a huge sitting room w/picture window, a kitchen area, laundry closet, full bath and its own entrance. PLUS a spacious media/game room with lots of natural sunlight and access to the cement patio area. Plenty of storage and closets throughout. Roof, heating system, windows and vinyl siding updated in 2006. Just move in and enjoy! Lower level great for extended family or teen suite. BONUS room currently a storage room would make a great home office. Large yard with custom built shed.
Open House
Thursday
September 05 at 5:30 PM to 6:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 145 Russell Street, Peabody, MA 01960    Get Directions

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Expanded 5 Bedroom 2 bath ranch style home in WEST PEABODY near the Lynnfield/Middleton line!! This spacious well maintained home offers many living options with a very unique floor plan. The main living area hosts 4 generous sized bedrooms, a ceramic tiled kitchen w/breakfast bar, a family room w/slider to the rear deck, a den room w/pellet stove, a dining room w/french doors to the deck, a full ceramic tiled bath and gleaming hardwood floors. The walk out lower level offers a bedroom w/french doors, a huge sitting room w/picture window, a kitchen area, laundry closet, full bath and its own entrance. PLUS a spacious media/game room with lots of natural sunlight and access to the cement patio area. Plenty of storage and closets throughout. Roof, heating system, windows and vinyl siding updated in 2006. Just move in and enjoy! Lower level great for extended family or teen suite. BONUS room currently a storage room would make a great home office. Large yard with custom built shed.

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