17 Sandy Ridge Rd Sterling MA was featured this week!
Deservedly House of the week on Telegram.com, edition of Worcester, MA! Right on the beautiful Championship golf course in Sterling, Massachusetts (step from backyard right onto the green of hole #13 and keep walking to the clubhouse or drive your golf cart!). Enjoy the views West towards the golf course through the large and plentiful windows and the higher ground it’s built on. The backyard was leveled to maximize usable space for backyard activities.
The article is about the property and its story, price and plenty of other info, including the investors to contact for an option to purchase and keep in mind about the possibility of lease-purchase or seller finance which are so rare to find, but so appealing to those who can use some time before funding the formal purchase while already moving in! For all the details about becoming the proud owners of such a beautiful stake in this family friendly neighborhood and town, call Denise Rossi of Proxima Investors @ (617) 999-0269.
Marketed by Proxima Investors, not agents or brokers, as optionees with no extra fees, all included in sale price. Buyers’ agents welcome and rewarded with generous referral fees. Call 617-921-9265 for more info.
Stigmatized properties for sale in MA: Sellers’ disclosures to Buyers according to state law
When Selling a home, a Seller has to abide by rules and guidelines for the benefit of Buyers. Some of these are pertinent to facts that may affect the building, and in turn the transaction, and that the law may or may not require a seller to disclose to Buyers.
Each buyer, has a different sensitivity to the issue and for many it’s not an issue at all. However, the problem of disclosing these events and situations could add uncertainty in a transaction if not clear and have the potential for a headache or legal nightmare.
There are already so many hurdles, like inspections, appraisals, concessions, fees, assists, waivers, endless negotiations and other disclosures that finding out late in the deal about a “paranormal presence” in a house, could jeopardize a done deal by unsettling even the most motivated buyer.
The creaky floors could be something easy to fix and not likely to hold up a Purchase, but should they be thought to be due to paranormal activity and not having been disclosed by the seller, there could be an insurmountable issue that emerges after signatures have been exchanged and provide a reason for legal claims based on lack of disclosure.
Unlike California, where you can go back 3 years and more for psychologically impacting events on the property, it’s not the case in Massachusetts! The law clearly states that, as it doesn’t fall in the category of material facts which have to be disclosed, it’s not necessary “to disclose the fact that the property was the site of “…felony, suicide or homicide” or “…that the real property has been the site of an alleged parapsychological or supernatural phenomenon.”
SELLERS AND LANDLORDS
So no disclosure of any stigma on a property for sale is legally necessary in Massachusetts, and that’s for a Seller or a Landlord or Lessor, to buyers or tenants, renters, lessees.
The general “Caveat Emptor” (Buyer beware) rule applies here for buyers, who are expected by law to perform their due diligence if sensitive to this aspect of a property. If you’re a buyer, we suggest you talk to neighbors, research public records, and just ask clear and direct questions, especially if there’s a doubt, maybe you heard some rumors, maybe a just a gut feeling.
If buyers ask questions, then the seller cannot misrepresent or make false statement to buyers without creating cause of action, with half-truths also providing an opportunity for a successful lawsuit. So ask those questions directly to who would know, especially owners, but also agents, they are both legally obligated to disclose upon request from a buyer.
CHOICE TO DISCLOSE
What sellers can do, is to provide information voluntarily. If they so choose, it’s their prerogative, but NOT obligation and buyers can’t claim it as a right.
REAL ESTATE AGENTS
If represented by an agent, in the same way no disclosure is necessary. Due to the fiduciary nature of the relationship between agent and seller, the agent cannot provide the information voluntarily, unlike the seller, and unless the seller authorizes or instructs the agent to do so. The agent can always decline to represent the seller or terminate an agreement already in place if the information emerges after establishing the contractual relationship. It may or may not be easier to get more truthful information from an agent due to the legal implications on their careers, so ask both seller and realtor.
REAL ESTATE INVESTORS
If an investor, like us at Proxima Investors, is involved, depending on the type of underlying deal, the investor is subject to the same disclosure rules as the seller, if holding equitable interest in the property.
At Proxima Investors we have not come across a situation of stigmatized properties where it was a concern. However, since Massachusetts is an old state with many old and beautiful homes. Homes can have a long and known history and the creaks and noises of old homes can be unsettling and inspire stories passed down over centuries. Think about Salem in the 1600s when Massachusetts was a very populous state with lots going on. It’s only a matter of time that we will run into this issue. We already have invested in old and antique homes, which can be difficult to sell in this market, and we love them. Should the issue at some point arise, we believe that it should be dealt with on a case-by-case basis, as property stigmatizing events and situation have a different psychological impact depending on their uniqueness. As a buyer, you can just ask and we will be happy to disclose anything that could be of interest, but rest assured that in extreme cases we probably wouldn’t take such property and agree with the policy of demolition that has taken place on the site of awful events. So, as a buyer, if you see a house listed by us, you know that we aren’t aware of any major circumstances that would affect the property psychologically or “para-psychologically”.
Proxima Investors are not attorneys and we do not provide legal advice and only state our opinions. Check with your attorney of choice before making any decision based on the content of this article. A useful resource can be found by clicking the link below to the relevant section of the state law: Real estate transactions; disclosure; psychologically impacted property.
East Bridgewater, MA Single Family Home for rent-to-Own/Lease-Purchase
East Bridgewater Home Lease-Purchased!
With great pride we want to announce that our antique East Bridgewater home has been SOLD (via LEASE-PURCHASE). The interest in this home was overwhelming! So happy for the family who get to call it home, and thankful to the owner who trusted us to partner and sell it! We wish the best of luck to both the seller and the buyers!
Image already added
If you are a motivated homeowner who wants to sell, you can’t get what your home is worth or your realtor cannot find the right buyer, feel free to contact us and we will tell you what options we may have for you, including lease-purchase and straight sale deals.
If you want to rent-to-own/lease-purchase a home and want to hear about other available properties we may have, get in touch and we’ll tell you what options we have available for you. Please note we do NOT do STRAIGHT RENTALS, either sales or rent-to-own/lease-purchase, so you need to want to purchase a property, on whatever terms work.
Norwell Family friendly home for Lease-Purchase/rent-to-Own
Single Family Home for flexible Rent-to-Own/Lease-Purchase
Norwell, Massachusetts, 02061, Plymouth County
Enjoy the unique views from every window of towering pines spread across almost 6 acres of land, while overseeing your historical cabin with impressive fireplace that was once lived in and enjoyed by author and naturalist, Professor (Captain) William Gould Vinal. This custom built Cape is wonderfully setback and away from the main street, with estate type access off Grove Street. The home offers an open floor plan, newer cherry kitchen, central air-conditioning, hardwood flooring, 1st floor laundry, wood stove in family room and a dining room presently used as a home office on the 1st floor. There are 3 generous bedrooms and a full bath with soaking tub on the 2nd floor along with 2 rooms of finished dry basement. Other recent updates in 2014 include the fully renovated upstairs bathroom, an extended deck and a fully redesigned septic which would allow for a 4th bedroom. The private yard, deck, patio and firepit is perfect for outdoor BBQ’s and entertaining.
Image already added
First floor Living Room/Area with windows looking over front lawn, Presently used as office, could be dining room or den. A cherry cabinet kitchen opens to dining and living area. Centrally located Wood Stove heats the first floor thanks to the open floorplan. Custom built Cape style home on large green lot, with privacy, without feeling isolated. Clearly this home is a locals’ favorite as well! For relaxing in a peaceful and beautiful environment. Fascinating view of the inside of the antique cabin, Huge fireplace for heat and great ambience,Inside the antique and unique cabin with great history. The historical cabin in the woods, Famous naturalist Cap’n Bill Vinal stayed here. Rent-To-Own/Lease-Purchase.
Single Family Home for flexible Rent-to-Own/Lease-Purchase or conventional Sale
East Bridgewater, Massachusetts, 02333, Plymouth County
This home has been SOLD!
Originally built in the 1700s, this modernized with taste, antique single family home in the colonial style is available for sale and/or lease-purchase on flexible terms at a purchase price of under 500k with monthly payments of $2,400.
A downpayment secures your right to purchase this property situated in a great school district and on a large lot in a quiet, residential neighborhood, at 968 Plymouth St, in East Bridgewater, MA, 02333, Plymouth County.
Contact us for all the details and to arrange a viewing of this antique, because it’s so different and full of pleasant surprises that you have to see to appreciate!
Be the formal owner of this property in as much time as you need, instead of renting and losing money every month…put some equity in your wallet, don’t pay for your landlord’s mortgage!
Our terms are flexible and can solve many buyers’ credit challenges, but we are NOT renting this home in a straight rental.
Front Entrance. South side of house with central air. Spacious front room overlooking front yard and porch. Exposed beams and bricks in kitchen full of character. Third level bonus rooms,One of three bedrooms. Second floor bathroom. Summer fun with this swimming pool. Rent-To-Own/Lease-Purchase.