Patricia McCorry | Bourne Real Estate, Carver Real Estate, Kingston Real Estate



18 Sea Cliff Dr, Plymouth, MA 02360

Condo

$365,000
Price

4
Rooms
1
Beds
1/1
Full/Half Baths
OCEAN VIEW unit overlooking the 17th hole & Cape Cod Bay with one of the best views in White Cliffs Country Club! Rare opportunity to own one of only 2 units in this community that features 1st floor living with one bedroom & enclosed courtyard. Completely renovated, just move right in. New bathrooms, flooring & additional baseboard heating just added in the past year. Gas fireplace & crown moldings. Watch the SUNRISE from your patio/deck or the master bedroom every morning. Enjoy Resort living in this Oceanfront Gated Community offering an ACTIVE LIFESTYLE with unlimited golf, tennis on state of the art HAR-TRU Courts, exercise facility, indoor mineral water swimming pool and Beach Tram to beautiful white sandy BEACH! Place your order in the restaurant and have it delivered to the beach! It's time to ENJOY the Life you DESERVE! Convenient location only 1 mile to Route 3, 3 miles to Cape Cod and an hour from Boston or Providence.
Open House
Saturday
May 25 at 1:00 AM to 3:00 PM
OCEAN VIEW unit overlooking the 17th hole & Cape Cod Bay with one of the best views in White Cliffs Country Club! Rare opportunity to own one of only 2 units in this community that features 1st floor living with one bedroom & enclosed courtyard. Completely renovated, just move right in. New bathrooms, flooring & additional baseboard heating just added in the past year. Gas fireplace & crown moldings. Watch the SUNRISE from your patio/deck or the master bedroom every morning. Enjoy Resort living
Cannot make the Open Houses?
Location: 18 Sea Cliff Dr, Plymouth, MA 02360    Get Directions

Similar Properties



Real estate terminology can be confusing for both new and experienced homeowners alike. Especially when it comes to the various types of loans. If the different types of loans have your head spinning, don’t worry. I hear you!

Here’s what you need to know:

Mortgage prequalification is an estimate a lender will give as to what you will qualify for when a more in-depth analysis is made. It doesn't guarantee anything and is to be thought of as a rough ballpark estimate.

Mortgage pre-approval is when a more in-depth review is made. The lender will take your income, debt and other factors into consideration to give you a more conclusive number. This number is the max they will lend out to you. It does not mean you have to take out the full amount.

Adjustable rate mortgage or ARM is a mortgage in which the interest rate changes over time. These changes are dependent on an index based on the credit markets. The change in interest rate should reflect a fairness of risk to both the lender and borrower. These changes are regulated by the government and there is a limit to the charges. The initial lower rate the first few years is a draw for many borrowers.

A fixed-rate mortgage or FRM is, as you might have guessed, one where the interest rate does not change throughout the lifespan of the loan. These loans are seen as risky in that the interest rate doesn’t reflect the flux of credit market values. What this means is that sometimes the risk for the lender increases if the market value of the home increases. And the risk increases for the buyer when the market value of the home decreases.

Conventional loans have fixed terms and rates and are not “government-backed”. This simply means they are not guaranteed by the government or insured by a government agency. Examples of these agencies are the Federal Housing Administration (FHA), the Farmers Home Administration(FmHA), and the U.S. Department of Veteran Affairs (VA).

Private mortgage insurance or PMI is a type of insurance for a conventional loan. This loan protects the lender if, for whatever reason, you were to stop making payments. It’s usually a monthly premium tacked onto your mortgage payment. It can also be an upfront cost you only need to pay once. This is a decision that is up to and may be mandatory, by your lender.

Federal housing administration loan or FHA loan can only be obtained from qualifying lenders. These loans are insured by the FHA. This mortgage is designed to assist home buyers who have a low to moderate income and can’t afford to put down a large down payment. The down payment can be as low as 3.5% of the home's value for borrowers who qualify.  



18 Sea Cliff Dr, Plymouth, MA 02360

Condo

$365,000
Price

4
Rooms
1
Beds
1/1
Full/Half Baths
OCEAN VIEW unit overlooking the 17th hole & Cape Cod Bay with one of the best views in White Cliffs Country Club! Rare opportunity to own one of only 2 units in this community that features 1st floor living with one bedroom & enclosed courtyard. Completely renovated, just move right in. New bathrooms, flooring & additional baseboard heating just added in the past year. Gas fireplace & crown moldings. Watch the SUNRISE from your patio/deck or the master bedroom every morning. Enjoy Resort living in this Oceanfront Gated Community offering an ACTIVE LIFESTYLE with unlimited golf, tennis on state of the art HAR-TRU Courts, exercise facility, indoor mineral water swimming pool and Beach Tram to beautiful white sandy BEACH! Place your order in the restaurant and have it delivered to the beach! It's time to ENJOY the Life you DESERVE! Convenient location only 1 mile to Route 3, 3 miles to Cape Cod and an hour from Boston or Providence.
Open House
Sunday
May 19 at 2:00 PM to 4:00 PM
Cannot make the Open Houses?
Location: 18 Sea Cliff Dr, Plymouth, MA 02360    Get Directions

Similar Properties




18 Sea Cliff Dr, Plymouth, MA 02360

Condo

$365,000
Price

4
Rooms
1
Beds
1/1
Full/Half Baths
OCEAN VIEW unit overlooking the 17th hole & Cape Cod Bay with one of the best views in White Cliffs Country Club! Rare opportunity to own one of only 2 units in this community that features 1st floor living with one bedroom & enclosed courtyard. Completely renovated, just move right in. New bathrooms, flooring & additional baseboard heating just added in the past year. Gas fireplace & crown moldings. Watch the SUNRISE from your patio/deck or the master bedroom every morning. Enjoy Resort living in this Oceanfront Gated Community offering an ACTIVE LIFESTYLE with unlimited golf, tennis on state of the art HAR-TRU Courts, exercise facility, indoor mineral water swimming pool and Beach Tram to beautiful white sandy BEACH! Place your order in the restaurant and have it delivered to the beach! It's time to ENJOY the Life you DESERVE! Convenient location only 1 mile to Route 3, 3 miles to Cape Cod and an hour from Boston or Providence.
Open House
No scheduled Open Houses

Similar Properties



Buying your first home is a big endeavor, both financially and personally. Homeownership means taking on new responsibilities and bills, but it also means true financial independence.

If you’re hoping to buy a home in the near future, you might be wondering what you should be doing now to put yourself in the best position when it comes time to buy a home. Well, you’re in luck. Today’s post is a simplified list of all of the things you can be doing today to start making your way toward your ultimate goal of homeownership.

1. Pay off small debts

The first thing you’ll want to do to start saving for a down payment is to make sure you’re not pouring money down the drain to credit card companies for interest rates. If you owe small amounts of money (or less than $1,000), now is the time to aggressively pay down those debts.

The goal here is to get your credit cards to a place where you pay off your balance in full each month, avoiding interest while still earning rewards and building credit.

2. Speaking of credit…

One of the most important aspects of buying a home is your credit score. Take the time to learn about the 5 main things that contribute to your credit score and then work on ways to improve your score in those areas.

3. Don’t open any new accounts if you can help it

Once you start getting closer to applying for a mortgage, you won’t want any new inquiries on your account that are temporarily lowering your score. If you need to open a new account to lift your score, then do so well in advance of applying for a mortgage.

4. Get serious about saving for a down payment

There are a few ways to proactively save for your down payment; none of them include setting money aside when you feel like it. Start by opening a dedicated account and direct-depositing a portion of your pay into that account each week.

If you have an emergency fund in place, you might be in a position to use a CD or certificate of deposit. These give the highest earnings from interest out of any form of savings. The catch? You can’t withdraw from the account until you reach your savings goal without a penalty. If you know you won’t need to dip into these funds before they’ve matured, a CD is an excellent way to save.

5. Find out how much house you can afford

Homes are expensive. but, if it’s your first home, you might need to borrow the maximum amount form the bank to find a house that you’ll love. To find out what is a reasonable amount to spend on a home, you’ll need to consider your monthly mortgage, bills, taxes, insurance, and any other expenses. Leave yourself room for savings, emergencies, and to live a little. You won’t be able to enjoy your home much if you have to spend your days struggling to afford it.

6. Career planning is vital

A good career is a balance between stability and upward mobility. Don’t be afraid to be on the lookout for new positions with higher pay and better opportunities, even if you’re happy with your current job.

If you’ve been in your position for a while, consider asking for a raise. Research salaries for other people in your position and go to your boss equipped with data to show that show you deserve a raise.




Loading