Brewster, MA

Cottage for sale on Cape Cod, MA in Brewster

3665 Main Street, Brewster MLS#20908990
Contact Joe Arnao 508-503-4435 or Joe@MyDestinationRealty.com

1 bedroom/1 bath $137,000.00

 

 

 

 

 

 

The exterior of this cottage for sale on Cape Cod, MA in Brewster has a new roof, new siding and other updates.

 

 

This cottage for sale on Cape Cod, MA in Brewster has a shiny new quality interior

This adorable Cottage for Sale on Cape Cod in Brewster is ideal if you are looking for an investment property, vacation getaway or starter home.

Amenities include:

• Solid wood custom cabinets
• Pocket doors
• Stamped concrete patio
• Bamboo floors
• Tile floors in bathroom
• Entirely renovated in 2009
• New appliances

If your lifestyle includes bicycling, nature trails, beaches and touring the Lower Cape, then this adorable, affordable, year round cottage for sale on Cape Cod, MA in Brewster is ideal for you.

 

 

 

 

 

 

Brewster offers:

• Nickerson State Park, trails and ponds
• Bay beaches only a short drive away
• Access to the Cape Cod Rail Trail
• Great kayaking access into the Cape Cod Bay
• Easy access to highway
• Close to the center of Orleans
• Classic Cape Cod easy living
• Art Galleries
• Restaurants
• Quaint shops

This cottage for sale on Cape Cod, MA in Brewster is located on historic route 6A only a mile from Orleans. This property will supply you with many years of enjoyment. Very low condo fees compared to other area condominiums, plus you own your own building which equals low operating costs.

The Cape Cod Rail Trail can be seen in the top of this photo.

Included in the monthly association fee which is currently $80, is insurance, trash pickup, lawn maintenance, snow plowing and town water. Buying this Cottage for Sale on Cape Cod, MA in Brewster will give you the pleasure of enjoying your property, not working on it.

When you are here you will be able to enjoy the artists, shops and restaurants in Brewster and the surrounding Cape Cod towns without a list of yard work hanging over your head.

For more cottages for sale on Cape Cod, MA in Brewster click here:

Cape Cod Real Esate for Sale

View a video of this cottage for sale on Cape Cod, MA in Brewster.

 

The Mortgage Interest Rate Lock Advisory for Brewster MA for January 19, 2010

Here are some of the events affecting mortgage interest rates today in Brewster, MA.

What Mortgage Backed Securities Are Doing Today:

• The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.53 this morning - down 7/32 from Friday's close.
  
  
• At 10:15 am, the 4.5% MBS coupon was trading at 100.63 - up 3/32 from its opening.

Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be 0.125% - 0.375% worse in price this morning as compared to Friday.

Price Trend in Mortgage Backed Securities:

The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 12-19-2009 to 1-18-2010:

Economic Reports, News, and Events Affecting Mortgage Interest Rates Today

• there are no economic reports scheduled for release today.

In other news, a special election is being held today in Massachusetts to fill the seat long held by Senator Edward Kennedy. While Democrats outnumber Republicans by 3 to 1 in the state, Independents outnumber both. If Republican state senator Scott Brown wins the election against the Democrat nominee Massachusetts Attorney General Martha Coakley, health care stocks and the stock markets could soar tomorrow. That in turn could lead to higher mortgage interest rates tomorrow as investors pull funds out of the safe haven of the bond and mortgage markets and invest in stocks.

What's Happening With Mortgage Interest Rates Today:

Moderate to High Volatility. Mortgage interest rates are still at historic lows. If you're happy with the rate being offered to you and don't want to risk mortgage interest rates moving higher, you should apply and lock in today. While there's still some room for MBS prices to tick higher, it's better to have locked when you should have floated than it is to float when you should have locked.

If you have not yet locked in your mortgage interest rate, please proceed with caution and maintain contact with your mortgage professional. Also, give very serious consideration to applying now and locking in before mortgage interest rates get worse.

Get current mortgage interest rates for your situation in Brewster, MA.

Home Value Update for Brewster MA 02631 Through November 2009

According to Trulia.com, the current average listing price of homes on the market in Brewster, MA is $525,255, while the current mean sales price of homes is $364,900. The sale prices of single family homes in Brewster, MA have fallen 5.3% in the past year through the end of November 2009, and have fallen 2.5% over the last 5 years. Below is a chart of the trend of listing prices of homes for sale in Brewster, MA, in the past year through November 2009:

Brewster Recently Sold Homes

 

The $8000 first-time homebuyer tax credit has been extended, and now expires on April 30, 2010. So, there's no better time than now to buy a home in Brewster, MA, or surrounding area. If you're looking for a home or condo to purchase in Brewster, MA, or in the surrounding area, then try this home search.

You can still buy a home with no money down with a VA Loan or with a USDA Rural Development Home Loan. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. When you're ready to buy a home, find out how much home or condo you can afford to purchase in Brewster, MA, or in the surrounding area.

If you're 62 or older and are looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses, then consider getting a reverse mortgage. Find out how a reverse mortgage can use the equity in your home to pay you.

The Mortgage Interest Rate Lock Advisory for Brewster MA for December 21, 2009

Here are some of the events affecting mortgage interest rates today in Brewster, MA.

What the Mortgage Backed Securities Market is Doing Today:

The price of the FNMA 30-Year 4.0% MBS coupon opened at 98.48 this morning - the same as Friday's close.

The 4.0% MBS coupon is currently trading at 97.88 - down 20/32 from its opening this morning. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be 0.25% - 0.50% worse in price this morning as compared to Friday.

Economic Reports, News, and Events Affecting Mortgage Interest Rates Today:

• There are no economic reports scheduled for release today.

What's Happening With Mortgage Interest Rates Today:

Moderate to High Volatility. Overall, I am expecting to see some movement in the mortgage market and mortgage interest rates this week, but nothing drastic unless we get some surprising results from the week's data.

The bond and mortgage markets will close early Thursday and will be closed all day Friday in observance of Christmas Day. This means that trades in mortgage backed securities will light during the latter part of the week. This raises the possibility of stronger reactions to surprises in the mortgage market from economic data than we normally would see.

There's not much room for MBS prices to move higher or for mortgage interest rates to move lower at the moment. Mortgage interest rates are still at historic lows. If you're happy with the rate being offered to you and don't want to risk mortgage interest rates moving higher, you should apply and lock in today. While there's still some room for MBS prices to tick higher, it's better to have locked when you should have floated than it is to float when you should have locked.

If you have not yet locked in your mortgage interest rate, please proceed with caution and maintain contact with your mortgage professional. Also, give very serious consideration to applying now and locking in before mortgage interest rates get worse.

My Mortgage Interest Rate Lock Advice for Today:

If I were considering financing/refinancing a home, I would...

• Lock if my closing was taking place within the next 7 days
• Lock if my closing was taking place between 8 and 30 days
• Float if my closing was taking place between 31 and 45 days
• Float if my closing was taking place between 46 and 60 days

This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed to be in the best interest of any or all other borrowers.

Get the best available mortgage interest rates for your situation in Brewster, MA!

Home Value Update for Brewster MA Through October 2009

According to Trulia.com, the sale prices of single family homes in Brewster, MA have fallen 9.1% in the past year through the end of October 2009. Sale prices have depreciated 7.4% over the last 5 years.

The current mean sales price of homes on the market in Brewster, MA, is $350,000. Below is a chart of the trend of listing prices of homes for sale in Brewster, MA, in the past year through October 2009:

Brewster Recently Sold Homes

 

The $8000 first-time homebuyer tax credit has been extended, and now expires on April 30, 2010. So, there's no better time than now to buy a home in Brewster, MA, or surrounding area. If you're looking for a home or condo to purchase in Brewster, MA, or in the surrounding area, then try this home search.

You can still buy a home with no money down with the USDA Rural Development Home Loan program. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. When you're ready to buy a home, find out how much home or condo you can afford to purchase in Brewster, MA, or in the surrounding area.

If you're 62 or older and are looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses, then consider getting a reverse mortgage. Find out how a reverse mortgage can use the equity in your home to pay you.