Cathy Lomasney - Specializing in the Real Estate Market in Billerica and Eastern Massachusetts



27 Elane Ave Lot 29B, Methuen, MA 01844

Single-Family

$634,900
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
As you enter your new energy efficient home, you'll notice the hrdwd flrs throughout the 1st flr. Your culinary skills can be perfected in the lg kitchen w/ pantry, ss appliances, island, & granite counters. Enjoy those creations w/ your guests in the dining rm w/ wainscoting. A slider leads to the composite deck w/ vinyl railings. Relax in large family rm in front of the gas fp w/ a good book or morning coffee. The 2nd flr offers 3 bdrms, 2 bths, & laundry. Your master bdrm oasis is complete w/ w-i closet & bath. Ascend to the 3rd flr to find the 4th bdrm & additional space which could be storage, a 5th bdrm, or another bath. Lower Level offers potential for additional living space. Your new home is located approx 2 mi from the Loop (Rte 213) & 1 ½ mi from the Merrimack Valley Gold Course. Allowing the golfer in you to enjoy the course & the adventurer in you to access Routes 93 & 495 which lead you to the mountains or the beach. Sample Photos.
Open House
Sunday
March 01 at 11:30 AM to 1:00 PM
Cannot make the Open Houses?
Location: 27 Elane Ave Lot 29B, Methuen, MA 01844    Get Directions

Similar Properties




32 Ferncroft Court Lot 43, Methuen, MA 01844

Single-Family

$619,900
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
As you enter your new energy efficient home, you'll notice the hrdwd flrs throughout the 1st flr. Your culinary skills can be perfected in the lg kitchen w/ pantry, ss appliances, island, & granite counters. Enjoy those creations w/ your guests in the dining rm w/ wainscoting. A slider leads to the composite deck w/ vinyl railings. Relax in large family rm in front of the gas fp w/ a good book or morning coffee. The 2nd flr offers 3 bdrms, 2 bths, & laundry. Your master bdrm oasis is complete w/ w-i closet & bath. Ascend to the 3rd flr to find the 4th bdrm & additional space which could be storage, a 5th bdrm, or another bath. Walk out LL w/ slider & lrg window offers potential for additional living space. Your new home is located approx 2 mi from the Loop (Rte 213) & 1 ½ mi from the Merrimack Valley Gold Course. Allowing the golfer in you to enjoy the course & the adventurer in you to access Routes 93 & 495 which lead you to the mountains or the beach. Sample Photos.
Open House
Sunday
March 01 at 11:30 AM to 1:00 PM
Cannot make the Open Houses?
Location: 32 Ferncroft Court Lot 43, Methuen, MA 01844    Get Directions

Similar Properties




30 Ferncroft Court, Methuen, MA 01844

Single-Family

$619,900
Price

7
Rooms
4
Beds
2/1
Full/Half Baths
As you enter your new energy efficient home, you'll notice the hardwood flrs throughout the 1st flr. Your culinary skills can be perfected in the large kitchen w/ white cabinetry, pantry, ss appliances, island, & granite counters. Enjoy those creations w/ your guests in the dining room with wainscoting. A slider leads to the composite deck w/ vinyl railings. As you enter the large fam rm you'll visualize yourself relaxing in front of the gas fireplace w/ a good book or morning coffee. The 2nd flr offers 3 bdrms, 2 bths, & laundry. Your master bdrm oasis is complete w/ w-i closet & bath. Ascend to the third floor to find the fourth bedroom and additional space which could be storage a 5th bedroom, or another bath. Your new home is located approx 2 mi from the Loop (Rte 213) & 1 ½ mi from the Merrimack Valley Gold Course. Allowing the golfer in you to enjoy the course & the adventurer in you to access Routes 93 & 495 which lead you to the mountains or the beach.
Open House
Sunday
March 01 at 11:30 AM to 1:00 PM
Cannot make the Open Houses?
Location: 30 Ferncroft Court, Methuen, MA 01844    Get Directions

Similar Properties



Image by Ulrike Mai from Pixabay

If you're considering getting into the world of real estate investing, there are some basic terms that are important to understand. Buying and selling property is, of course, one way to invest, but there are other investments that offer favorable returns. However, it can sometimes be difficult to master the confusing alphabet soup of investment opportunity.

Packaged investment products include the Asset-Backed Security (ABS) and a Collateral Debt Obligation (CDO). In some ways, they are similar; each is typically bundled as a group investment for marketing purposes. Financial return is realized as payments are made by the pool of consumers included in the group. 

The ABS evolved historically, beginning in the 1980s, with the lender practice of bundling mortgage-backed securities for resale, primarily to other institutions. Today the practice continues, but mortgage debt is classified as a CDO, with specific real estate as the collateral. It is a specialty designation under the umbrella of asset-backed securities. The breakdown can be complex, and terms are sometimes confusing.

Financing that comprises CDO debt includes all the underlying characteristics of the ABS, in addition to the specialized assets of both commercial and residential Mortgage-Backed Security (MBS) or REIT (Real Estate Investment Trust) debt. A unique type of CDO that only includes mortgages is known as a CMO, referring to Collateralized Mortgage Obligation. 

Most investors really don't need to know more, but there are other designations that are commonly used:

  • A CLO is the term for Collateralized (Bank) Loan Obligation;
  • A CBO designates a Bond Obligation;
  • Credit-backed debt is sometimes referred to as synthetic CDO to distinguish it from cash-backed debt.

Various types of CDO debt are batched into three (or more) classes, known as tranches, with varying degrees of risk and return. Although the maturity level may be the same, an Equity Tranch investment offers the highest potential return but bears the lowest credit rating. A less-risky Senior Tranch boasts a higher credit rating, and the Mezzanine Tranch is in the middle.

Typically, an ABS investment package comprises credit card debt, student loan debt, home equity loans, auto loans, and large sum debt-repayment contracts for other goods, with no mortgages in the package. 

An investor in either an ABS or CDO earns a return, in part or in full, as the pool of debt is repaid by the individuals whose loans have been pooled. The risk of default is spread over the spectrum of loans, and investor risk is assessed, largely in proportion to the number and type of loans included in the package. 

These various types of investment packages are usually marketed only to institutions, rather than to individual investors, however there are ways for individual investors to purchase shares through the investment firm.


An open house may be considered a success if it leads to an offer to purchase or a home sale. For a seller to achieve the best-possible results from an open house, it is important for this individual to plan ahead. That way, a seller can ensure that his or her residence makes a great impression on buyers.

Now, let's take a look at three tips to help you get your residence ready for an open house.

1. Clean Your House

A dirty, dusty house is unlikely to do you any favors. Fortunately, if you clean your residence from top to bottom, you could make it easy for buyers to see your house's full potential.

Sweep the floors, wipe down countertops and perform other home cleaning tasks. Taking a room-by-room approach to house cleaning also may be beneficial, as this will allow you to ensure that each room is neat and tidy.

2. Remove Clutter

For those who want to show off the full size of a residence, removing clutter is a must. Because if your home is messy and cluttered, buyers may be turned off by your residence as soon as they walk through the front door.

If you want to cut down on clutter, there are lots of options at your disposal. Oftentimes, it helps to host a yard sale or sell excess items online. You may want to consider donating any excess items to a local charity or giving them to family members or friends, too.

3. Boost Your Home's Curb Appeal

Your home only gets one chance to make a positive first impression on buyers. If you boost your house's curb appeal, you can make the most of this opportunity.

To improve your home's curb appeal, mow the lawn, trim the hedges and perform other lawn care tasks. Furthermore, if there is any cracked or damaged home siding, fix it as soon as possible.

Preparing for an open house may seem stressful, particularly for sellers who want to achieve the optimal results. But if you consult with a real estate agent, you can receive expert guidance in the weeks and days leading up to an open house.

A real estate agent is unafraid to be honest, and he or she will offer unbiased recommendations and suggestions so you can quickly improve your residence. In addition, a real estate agent can respond to any of your open house concerns and questions. He or she will even share buyers' feedback after an open house to help you find ways to speed up the home selling journey.

If you allocate time and resources to prep for an open house, you can improve your chances of enjoying a seamless house selling experience. Thanks to the aforementioned tips, you can get ready for any open house, at any time. And as a result, you can use an open house to stir up interest in your residence.




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