FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development on so-called home buyer tax credit loans that was released today.Under the guidance, FHA-approved lenders can develop bridge loans that home buyers can use to help cover their closing costs, buy down their interest rate, or put down more than the minimum 3.5 percent.The loans can't be used to cover the minimum 3.5 percent, senior HUD officials told reporters on a conference call Friday morning. Thus, buyers applying for FHA-backed financing with an FHA-approved lender that offers a bridge-loan program can get a bridge loan to bring down the upfront costs of buying a home significantly but would still have to come up with the minimum 3.5 percent downpayment.There remain many sources of assistance for buyers needing help with the 3.5 percent downpayment, including many state and local government instrumentalities and nonprofit lenders.In addition, some state housing finance agencies have developed their own tax credit bridge loan programs, so buyers in states whose HFAs offer such programs can monetize the tax credit upfront to cover all or part of their downpayment. These programs are separate from what HUD announced today. The first-time homebuyer tax credit was enacted last year--and improved upon earlier this year--to help encourage households to enter the housing market while interest rates are low and affordability is high. The credit is worth up to $8,000 and is available to households that haven't owned a home in at least three years. The credit does not have to be repaid, and is fully reimbursable, so households can get their credit returned to them in the form of a payment.
Listed on Mass Historic Homes Registry
• 2,186 sq. ft., 2 bath, 3 bdrm 2 story "New England Colonial" - 
MLS® $239,900 - NEW PRICE
Mattapoisett, Plymouth County - The Captain Mayhew House was built in 1814 and is listed on the Mass. Historic Registry. The house has 5 fireplaces, original wide pine floors in most rooms, full baths on first & second floors. Dining room and bathroom have exposed original hand-hewn beams. Structural repairs done in 1999. This antique home is just waiting to be restored. 480 square feet of space can be used for an in-home business with a special permit
Property information
CALL SEAHORSE REALTY TODAY TO SEE IF YOU ARE ELIGIBLE FOR A $8000.00 TAX CREDIT WHEN YOU PURCHASE A HOME. YOU MAY EVEN QUALITY FOR A INTEREST RATE OF 4.125% AND A ONE YEAR FREE BORROWERS POLICY THAT WILL MAKE YOUR MORTGAGE PAYMENTS IF YOU LOSE YOUR JOB.
When/Where: AVAILABLE NOW AT SEAHORSE REALTY
Here at Seahorse Realty you can get the help you need! We will list your home for sale as a Short Sale at no cost to you.. When we get a buyer for your home we will negotiate with your lender to accept the offered price and forgive the balance. We even work on your behalf in an attempt to get your lender to only report to the credit bureaus that the debt was satisfied.
CURRENTLY KITCHEN & BATH SHOWROOM
• 1,600 sq. ft., 1 bath single story "NICE OPEN SPACE" - MLS® $1,600 USD Monthly - Commercial Lease
Mattapoisett, Plymouth County - WALK INTO THE LARGE OPEN SPACE WITH NICE HARDWOOD FLOORS, IN THE BACK OF THE OPEN SPACE THERE ARE TWO OFFICES. OFF THE OPEN SPACE IS A FULL BATH, ANOTHER OFFICE AND A STORAGE AREA. THIS SPACE SUITABLE FOR PROFESSIONLS, OR MOST ANY TYPE OF LOW NOISE BUSINESS. BUILDING HAS GOOD VIISIBILITY, SIGNAGE AND PLENTY OF PARKING.
THIS SPACE IS CURRENTY OPERATING AS; KITCHEN & BATH DETAILS
CALL FOR YOUR PRIVATE SHOWING....
Property information
BUILDING LOT, READY FOR YOUR NEW HOME
• 44,890 sq. ft. 2 story "READY TO BE BUILDT" - MLS® $169,600
Mattapoisett, Plymouth County - OVER ONE ACRE BUILDING LOT ON BRANDT ISLAND ROAD, WILL NEED SEPTIC AND WELL. THIS LOT IS READY TO GO.. JUST SUBMIT YOUR BUILDING PLANS.
Property information
Lots of Potential
• 1,484 sq. ft., 2 bath, 3 bdrm 2 story - MLS® $199,500
Dartmouth, Bristol County - Quaint Farmhouse in desirable area of Dartmouth. Don't miss this one, needs some work but has plenty of potential. Situated on a nice level lot with a detached 2 car garage with electric and a side entry. Interior has a good two story layout. Living room in front of house has wall to wall carpeting which flows in the kitchen with an eating area, plus a dining room and half bath with laundry hookups. The stair case leads to the second floor family room, all three bedrooms are off the family room and have hardwood floors, there is also a full bath on the second floor.
Property information
POSSIBLE DEVELOPMENT
• 1,539,410 sq. ft. lot / land "POTENTIAL DEVELOPMENT" - MLS® $500,000
Mattapoisett, Plymouth County - OVER 35 ACRES OF LAND. SMALL AMOUNT OF WET LANDS, MOSTLY PINE TREES IN SANDY SOIL. POTENTIALLY DEVELOPABLE LAND SITUATED IN QUIET AREA BORDERED ON ONE SIDE BY THE MATTAPOISETT RIVER, QUICK ACCESS TO HIGHWAYS. LAND IS CURRENTLY BEING TAXED UNDER CHAPTER 61B
Property information
DESIRABLE BRANDT BEACH
• 1,300 sq. ft., 1 bath, 3 bdrm single story - MLS® $1,000 USD Monthly - WINTER RENTAL
Brandt Beach, Mattapoisett - WINTER RENTAL; KITCHEN WITH STAINLESS STEEL APPLIANCES, ISLAND,GRANITE COUNTERS, DINING AREA. LARGE LIVING ROOM WITH HARDWOOD FLOORS PLUS WOOD BURNING FIRE PLACE. THREE BEDROOMS, LAUNDRY ROOM, LARGE DECK WITH LIGHTING AND BOSE SURROUND SYSTEM AND A OUTSIDE SHOWER. ALL THIS PLUS A LARGE LANDSCAPED YARD IN A NICE QUIET AREA OF MATTAPOISETT.
Property information
Completely Renovated Inside & Out
• 2,350 sq. ft., 2 bath, 4 bdrm 2 story "COMPLETELY RENOVATED" - MLS® $605,000 - DESIRED LOCATION
Mattapoisett Center, Mattapoisett - Expanded cape in excellent condition on large level lot, bordered by stone walls. situated on a beautiful tree lined street with well maintained homes, a nice country setting and a easy walk to the beach and Town Warf.
This property is broker owned.
Property information
11.75 ACRE BUILDING LOT
• 511,830 sq. ft. lot / land - MLS® $300,000
Mattapoisett, Plymouth County - 11.75 ACRE WOODED BUILDING LOT. TOWN WATER, SEWER AND GAS AT STREET.
Property information
4.78 ACRES BUILDING LOT
• 208,217 sq. ft. lot / land - MLS® $250,000
Mattapoisett, Plymouth County - 4.78 PARCEL IN MATTAPOISETT.. WOODED CORNER LOT WITH TOWN WATER, SEWER AND GAS AT THE STREET.
Property information
OFFICES & STORE AVAILABLE
Mattapoisett Center, Mattapoisett - . Office space in 10 unit bldg. located in Mattapoisett Village. INDIVIDUAL OFFICES STARTING AT $340.00 PER MONTH. ALSO 900 SQ.FT. RETAIL SPACE AVAILABLE FOR $1050/00 PER MONTH.The store is currently being used as a Antique Store. The retail space could be converted to suit your needs. ALL RENTALS INCLUSE ALL UTILITIES, HEAT, CENTAL AIR.
.
Property information
Bonus/rebuildable Colonial style Home
• 1,768 sq. ft., 2 bath, 3 bdrm 2 story - 
MLS® $285,000 - LAND SALE OVER 4 ACRES
Marion, Marion Center - Approximately 4.16 Acres of land / Bonus, rebuildable 1768 sqft. Colonial house. (smoke damage) Second building need to be torn down. There is a new Title V septic system on the property designed for a 3 bedroom plus the 1000 sqft. business property. The previous property use was Mixed use - Residential & Commercial.
The highest and best use of the property may be to do a non- approval sub division for 2 lots. The zoning for a building lot is 2 acres.
There is town water and gas on the property.
Property information
Mattapoisett Village, - Water Street, a 900 sq. ft., 1 bath, 1 bdrm single story "2nd. floor apartment". MLS® $850 USD Monthly - Year Round Rental.
Property information