Richard Powers' Blog

Posted on 04/13/2025

Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...

Assuming Loans

Homebuyer

+ 5 more

Posted on 04/06/2025

Financing a Flip: The Best Funding Options

Financing a new home purchase is a common subject among potential homebuyers and lenders. However, if you want to flip a home by enhancing an existing property and selling it for a profit, you may also require funding. Luckily, there are financing options for flipping homes if you know where to look. Here are some basic tips for...

Funding

+ 13 more

Posted on 03/30/2025

Ad valorem tax & other terms property owners should know

Ad valorem is a Latin term meaning "according to value."...

Posted on 03/23/2025

Options to help you buy a house with bad credit

While getting approved for a mortgage does require a good...

Posted on 04/11/2025

237 Broadway, Lynn, MA 01904 now has a new price of $669,900!

Ward 1 renovated 2 family, First floor is deleaded and renovated with new kitchen, quartz counters and stainless steel appliances, second level has recent addition , 2 bedrooms and open kitchen/ living room . Large lot with plenty of parking close to Schools, Shops, restaurants and Sluice pond. Easy access to Peabody and all local...

Posted on 04/11/2025

451 Broadway, Lynn, MA 01904 is now new to the market!

This well-kept 8-room Colonial in Wyoma Square features 3-4 bedrooms and 1.5 bathrooms. The updated kitchen has quartz countertops, new stainless steel appliances, a double gas stove, and a large pantry. You can enjoy meals in the eat-in kitchen or the formal dining room, and relax in the spacious living room or sunroom with charming bay windows. Most of the home has beautiful hardwood floors. The second floor includes three bedrooms, with the master bedroom featuring hardwood floors. The second bedroom also has a small bonus room, perfect for an office or walk-in closet. The updated full bathroom completes the second floor. 3rd level is a...

Posted on 04/09/2025

48 Hayes St, Lynn, MA 01905 is now new to the market!

West Lynn on the Saugus line. This Solid 7 room 3 bedroom Colonial has excellent value. Large lower level starts with heated entry way with Laundry hook ups. Spacious Living room and dining room with built China cabinet, Remodeled Eat-in kitchen with plenty of cabinet and counter space. Second level has three good size bedrooms and large full bath. This home features Hardwood floors, vinyl siding, and replacement windows. Heating system 8 yrs old, HW 5 yrs old . All offered on an 8000 plus square foot loot that abuts the Saugus line. Easy access to major highways, and Boston. Close to schools, shopping , Lynn Woods, parks and restaurants....

Posted on 04/08/2025

Another Property Sold - 3 Middle St, Middleton, MA 01949

12 years young and an exceptional build in a great location, This home features a Custom kitchen with granite counters, stainless steel appliances, cherry cabinets, hard wood floors throughout , propane fireplaced large living room, formal dining room, laundry and half bath, complete the first level, 4 bedrooms on the second level with 2 full baths . Master bath features separate ceramic tiled shower, whirlpool tub, and double sink, pull down for attic storage, basement has a large bonus room with many possibilities , Interior shows like new with recently refinished floors and interior paint, counter top range and refrigerator , large 2...

Posted on 04/05/2025

237 Broadway, Lynn, MA 01904 now has a new price of $679,900!

Ward 1 renovated 2 family, First floor is deleaded and renovated with new kitchen, quartz counters and stainless steel appliances, second level has recent addition , 2 bedrooms and open kitchen/ living room . Large lot with plenty of parking close to Schools, Shops, restaurants and Sluice pond. Easy access to Peabody and all local...

Posted on 04/03/2025

Another Property Sold - 37 Everett St, Lynn, MA 01904

Pine Hill !!!!! Move in condition, 7 room 3 bedroom home with 1 and 1/2 baths. First floor has living room, formal dining room and kitchen with half bath and laundry. Second level is 3 bedrooms and full bath with stand up shower. Excellent value and all the big ticket items are complete, Roof, Siding, High efficiency heat and hot water, stove and refrigerator all new last year, vinyl windows, updated electric c.b. Great location with schools , parks and shopping near by. Easy access to all major highways and to and from...

Posted on 03/27/2025

237 Broadway, Lynn, MA 01904 now has a new price of $689,900!

Ward 1 renovated 2 family, First floor is deleaded and renovated with new kitchen, quartz counters and stainless steel appliances, second level has recent addition , 2 bedrooms and open kitchen/ living room . Large lot with plenty of parking close to Schools, Shops, restaurants and Sluice pond. Easy access to Peabody and all local...

Posted on 03/22/2025

Another Property Sold - 17 Orchard St, Lynn, MA 01905

Excellent 3 bedroom 1.5 Bath cape in great West Lynn Location. Property features Modern Custom Kitchen with cherry cabinets, granite counters and stainless steel appliances , Updated Baths, Formal Dining Room, Living Room and Bedroom complete the first floor. Second Level has 2 oversized bedrooms and full bath . large partially finished basement with high ceilings and bar which could easily be completed for additional entertaining. Exterior features extended two car garage, and parking for 6 plus cars, Large covered deck for summertime entertaining. Maintenance free siding and windows close to schools , shopping and public...