New World Realty



Posted by New World Realty on 10/14/2018

The rent vs buy dilemma is something that Americans have been facing for decades. Both options have their benefits, and itís really a matter of timing and preferences when it comes to choosing which is best for you.

However, there are a lot of things to consider before making this decision. So, in todayís post weíre going to break down some of the benefits of renting an apartment and of buying a home. That way you can make your decision with a clearer picture of what each situation looks like.

One thing to note first, however, is that it isnít always as simple as buy vs rent. Some living situations draw on the pros of each type of living. For example, living in a condo might be a good option for people who want the privacy and independence of owning their own home, but who also donít have the time or desire to keep up with maintenance.

So, as we compare buying and renting, keep in mind that the features of each are not mutually exclusive.

Renting an apartment

Most people who are living on their own for the first time start off renting. For younger people just out of school, renting offers the first taste of independence without the prerequisites of homeownership.

When you rent your first apartment, youíll learn the skills associated with budgeting for your monthly expenses, making your rent payments on time, and will start learning some of the skills that it takes to run a household.

In terms of monthly costs, apartments can vary greatly. Depending on where you live (and how luxurious the apartment is) you could end up having rent and utility payments that are much lower or much higher than mortgage payments for a house.

However, apartment leases often come with the benefit of utilities, trash removal, and other expenses built in. They also typically require the landlord to maintain the apartment and the land it sits on.

Live in the northern part of the country and hate shoveling snow? Make sure your lease specifies that your landlord will provide snow removal.

One technique that many renters take is to find an apartment that is small and affordable while they save up for a home. In this case, itís worth living with fewer amenities if your end goal is saving for a down payment.

But, what if you want to own a home someday but havenít quite decided where you want to settle down? Maybe your work keeps you moving from place to place or youíve always wanted to move away to somewhere new.

Renting is typically a better option for those who arenít quite sure what their plans are for the next coming years. They can have a stable place to live while they figure things out and plan their next move.

Buying a home

Once youíve rented a home for a while, you might become increasingly aware that you want more space and more control over your home.

Youíre also likely noticing how much money you spend on rent each month that is essentially a net loss.

When you buy a home, your mortgage payments might be going to the bank, but someday the money youíve paid toward that home will be yours in the form of equity. You can then use this as a down payment for another home.

This financial benefit cannot be understated. Since house values dependably increase over time, owning a home is a great investment toward your future.

So, those are the main pros and cons of renting vs buying a home. Think about your circumstances and determine which one makes the most sense for you right now. Then, start planning for the future.




Categories: Uncategorized  


Posted by New World Realty on 10/10/2018


22 Ronald C Meyer Drive, North Attleboro, MA 02760

Single-Family

$1,450,000
Price

17
Rooms
5
Beds
5/3
Full/Half Baths
Located in the prestigious Westwood Estates & desirable Martin School District, this 5 bedroom, 5 full bath & 3 half bath home has it all. Nothing but elegance flows through the 1st floor with a formal living room, family room, dining room, office w/ built-ins, sun room, 1/2 bathroom, and an oversized eat-in kitchen. Gourmet Chefs Kitchen includes Subzero fridge, Wolf 6-burner gas stove top w/ pot filler faucet, Wolf double wall oven, double dishwasher, and more. A full wet bar with ice maker, Subzero wine cooler, and built-in wine shelves is conveniently set between the kitchen and formal dining room. Master suite includes wet bar, walk in closet/dressing room, & master bath w/ Jacuzzi, tiled shower, & cathedral ceilings. Finished basement offers a full wet bar w/ fridge, sink, & dishwasher. Host movie nights in your private theater or wind down in your private sauna & ice bath. Enjoy your backyard retreat w/ a saltwater pool & waterfall, outdoor grill, & cabana w/ a bar & 1/2 bath.
Open House
No scheduled Open Houses






Categories: Price Change  


Posted by New World Realty on 10/9/2018


32 South Main, Attleboro, MA 02703

Commercial

$2,250
Price

1
Buildings
Commercial
Type of Comm.
12,417.00
Lot Size
Great downtown retail and WAREHOUSE - First Floor now available!!! Separate glass door entryway and street Windows for display and enclosed office area!! Can be used for R&D, showrooms and/or warehouse. Tailgate loading dock. Rent is gross not NNN and landlord pays electric! This space can be rented separately for each floor, . Call for showings Great downtown location with many possibilities first, second and third floor available with almost 10300 sf. Public parking available..
Open House
No scheduled Open Houses






Categories: New Homes  


Posted by New World Realty on 10/9/2018


19 Huntsbridge Rd., North Attleboro, MA 02760

Single-Family

$480,000
Price

10
Rooms
3
Beds
2/1
Full/Half Baths
Situated on a half acre corner lot, this beautifully expanded cape has so much to offer! With over 3,100 square feet of living space, this 3-4 bedroom 2.5 bathroom home boasts granite counter tops, hardwood floors, a finished basement, and an inground pool. First floor features an eat-in kitchen, separate dinning room, a half bathroom with laundry, and a wood burning fireplace. On the second floor you will find 3 bedrooms, including a master suite, and a guest bathroom. Step outside from the bonus room above the oversized heated garage to a balcony that overlooks the meticulously landscaped backyard. All showings deferred to the first Open House which will be held Saturday, October 13th from 12-2pm.
Open House
No scheduled Open Houses

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Categories: New Homes  


Posted by New World Realty on 10/7/2018


8 Harvard St, Plainville, MA 02762

Single-Family

$305,000
Price

6
Rooms
3
Beds
2
Baths
Well kept 3-4 bed & 2 bath Cape located in a beautiful neighborhood close to the heart of Plainville. Everything is clean and bright throughout this entire home. First floor features an eat in kitchen 2 bedrooms, one of which could be converted to a dining room, and living room. Gleaming hardwood flooring located in both bedrooms and living room on the first floor. Large second level with dormers allow for even more space. Second floor shows off 2 large bedrooms and another full bathroom located between both rooms. Set on a private corner lot, this home has a huge backyard for entertaining with an additional storage shed for any yard supplies. This won't last! Sellers to install new roof on the property by a licensed professional before closing. All showings begin on Wednesday from 5:00-6:30.
Open House
Wednesday
October 10 at 5:00 PM to 6:30 PM
Cannot make the Open Houses?
Location: 8 Harvard St, Plainville, MA 02762    Get Directions

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Categories: New Homes