Alferes Realty, Inc - Alferes Realty, Inc



Posted by Alferes Realty, Inc on 3/21/2019

Mattapoisett Highly Desired Waterfront Association of POINT CONNETT ! Meticulously maintained and completely updated Cape Cod style home with attached screen room, and partially finished full basement. Professionally designed and landscaped property, 1 car garage, trex deck w/ ramp, hardwood floors throughout, beautiful granite kitchen, central air, central vac, alarm system. 1 house away from ocean without required flood insurance ! Town water and Sewer ! Properties in this location are rarely available don't miss out ! $699,000 (R195)

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Posted by Alferes Realty, Inc on 3/19/2019

Your 401K is a great resource of investing for retirement. Many people use their 401kís as a part of their overall investment strategies, pulling money out of it when itís needed. When youíre ready to buy a house, you may think that pulling money out of your 401k for a down payment is a good idea. But think again. 


Although you should always speak with a financial professional about your money matters, the bottom line is that is probably not the best idea to use your 401k to supply money for a downpayment on a home. 


First, your 401k funds are pre-tax dollars. That means that you havenít paid any taxes on these funds. Your employer will often match the amount of money that you put into your 401k, as an incentive to help you save money for your future. You need to keep your 401k for a certain amount of time before any funds in the 401k become available to you without having to pay any kind of penalty. If you decide to take on the penalty, you can often face a cut to your employerís match programs as well. This is why you must make this decision wisely. 


The Penalties


Anyone under the age of 59.5 pays a penalty of 10 percent to take the money out of the fund. In addition, youíll now need to pay taxes on this money, because it becomes a part of your adjusted gross income. 


Alternative Actions


If you are looking to invest in a property, there may be other options for you rather than pulling money out of your 401k. While some plans allow you to borrow money from it. However, if your only option to get money to invest in a property is to pull money from your retirement account, it may not be the best time to invest in property for you. 


Keep It Separate


If youíre younger (say in your 30ís or 40ís) your best option is to have a completely separate account that is used to save for a downpayment and other expenses that youíll incur when you buy a home. In this sense you arenít spreading yourself too thin as far as investments go. You should compartmentalize your money. Buying a home is a large investment in itself. Home equity can also be a good source of a nest egg in later years when you need it. However, even if a property will be an income property, itís never smart to take from one investment account to provide for another unless youíre shifting your focus. You donít want to reach retirement, only to see that your funds have been depleted and you canít retire as expected.




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Posted by Alferes Realty, Inc on 3/12/2019

Looking for your dream home on Fort Street, Fairhaven. This 6 bdrms, 5 bath home is only 3 blocks from Fort Phoenix. Home has C/A, water views and is NOT in a flood zone. A bonus finished area in the basement previously used for extended family. Lg. master suite is a newer addition with full bath, 2 walk in closets and an additional sitting area or office. $689,000. (R202)

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Posted by Alferes Realty, Inc on 3/12/2019

Looking to buy or sell a house in the near future? Hire a real estate agent, and you should have no trouble achieving the best possible homebuying or home selling results.

Ultimately, there are many great reasons to trust a real estate agent throughout the homebuying or home selling journey, including:

1. A real estate agent boasts comprehensive industry experience.

When it comes to buying or selling a house, there is no reason to work alone. Fortunately, real estate agents are available who possess extensive industry experience and understand what it takes to buy or sell a home, regardless of the current housing market's conditions.

An experienced real estate agent is easy to find Ė all you have to do is search.

With a simple online search, you can discover dozens of qualified real estate agents in your area. Then, you can reach out to local real estate agents and find one who can help you navigate the homebuying or home selling journey.

2. A real estate agent can help you accelerate the process of buying or selling a home.

The process of buying or selling a house can be time-consuming. Conversely, a real estate agent understands what it takes to streamline the homebuying or home selling cycle.

For a homebuyer, a real estate agent will help this individual discover a great home in no time at all. In fact, a real estate agent will set up home showings, keep a homebuyer up to date about new houses as they become available and ensure a homebuyer can narrow his or her home search. That way, a real estate agent will make it simple for a homebuyer to quickly and effortlessly complete the property buying process.

On the other hand, a real estate agent will help a home seller add a property to the real estate market and optimize the property's value. This housing market professional will even negotiate with homebuyers on a home seller's behalf to boost a seller's chances of generating a profit from a home sale.

3. A real estate agent knows how to handle tough situations.

Buying or selling a house should be a fast, seamless process. However, this rarely, if ever, is the case.

Luckily, a real estate agent knows how to handle difficult situations and ensure a homebuyer or home seller can overcome assorted hurdles. He or she can help an individual alleviate stress and proceed with confidence throughout the homebuying or home selling journey.

If you need a helping hand as you get ready to buy or sell a house, it pays to collaborate with a real estate agent. This housing market professional is a real estate expert, and as such, will do whatever it takes to help you accomplish your homebuying or home selling goals.

Employ a real estate agent today Ė you'll be happy you did. With a real estate agent at your side, you can increase your chances of enjoying a successful homebuying or home selling journey.





Posted by Alferes Realty, Inc on 3/7/2019

Located in the center of Fairhaven on Historic Fort Street close to Ft. Phoenix & Fairhaven ship yard. This home is waiting to be modernized, yet has the charm and character of its era. $415,000 (R200)

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