Kristen Dailey | Hanover Real Estate, Braintree Real Estate, Weymouth Real Estate

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If you're looking for "subject-to" real estate, you know it can be a good investment. This kind of real estate is purchased "subject-to" the existing mortgage. So the buyer owns the property, but the mortgage stays in the seller's name. Payments are made by the buyer, but it's not necessary for that buyer to obtain a loan, pay all the fees associated with that, and use their own credit to buy a house. It can be an excellent deal for an investor and for a seller who's facing foreclosure or other types of problems. Here's what you need to know about the different kinds of "subject-to"  real estate.

"Subject-To" an Existing Mortgage 

The most common type of "subject-to" real estate has that designation because it's "subject-to" the current seller's existing mortgage. If you want to buy this kind of property, you won't need to get a mortgage of your own. Instead, the seller will deed you the property and you'll continue to make their mortgage payments. This can help you get properties fast and keep you from worrying about things like whether your credit is good. Not all investors like these kinds of properties, but they can be good choices when they're handled correctly.

"Subject-To" Other Types of Liens 

Even though they aren't as common, it's also possible to buy "subject-to" properties that don't have a traditional mortgage on them. These properties might have some other reason that they aren't free and clear, such as tax or contractor liens. If payments are being made on these things and you don't want to pay them off to buy the property, you can offer to buy from the seller "subject-to" those liens. Just make sure you know what you're really committing to, all the liens on the property and how much they're for, in total.

Who Would Typically Choose the Kind of Investment?

Both single-family and multi-family properties can be purchased "subject-to" existing mortgages and other types of loans or liens. When it comes to these kinds of investments, most investors who choose them are familiar with investing already. That's because there's risk involved, and brand-new investors might not protect themselves against these risks as well as they should.

Still, investors who are careful and want to get started in the market can do well with these kinds of properties because they don't have to use a lot of their own money or qualify for mortgages. Then can simply purchase properties, and that can mean a much bigger portfolio much faster than they would have thought possible. If you're looking for a way to build a big real estate portfolio quickly, buying "subject-to" properties can be one of the ways to do that.

60 Ledgewood Dr, Hanover, MA 02339

North Hanover



Full/Half Baths
OH SUNDAY 4/5 12:30-2 we will observe social distancing rules, allowing 1 party in at a time! North Hanover! The best price in the most sought after neighborhood in Hanover!. Great floor plan lends itself to both entertaining and comfortable family living. Expansive, sunny kitchen with granite countertops, stainless appliances & HW floors. The dining area overlooks the oversized deck, patio, inground pool & private back yard. There's an awesome family room with cathedral ceilings, skylights & stone fireplace. The master suite offers the homes 2nd full bath & walk-in closet. Additionally the 3 generous size bedrooms, a full bath with vanity and the laundry complete the 2nd floor. The 3 car garage too is perfect for both vehicles and your toys! BONUS: In 2015 a new 18x36 heated (propane) in-ground pool was installed & Roof replaced in 2015. North Hanover is convenient to highway, schools, sports fields & shopping. This will no
Open House
April 05 at 12:30 PM to 2:00 PM
Open House - this home is vacant, so please stay home and send your buyers. Give me a call, I am happy to let them in to preview the home.
Cannot make the Open Houses?
Location: 60 Ledgewood Dr, Hanover, MA 02339    Get Directions

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This Single-Family in Hanover, MA recently sold for $430,000. This Colonial style home was sold by Kristen Dailey - SUCCESS! Real Estate.

13 Spring St, Hanover, MA 02339


Sale Price

Full/Half Baths
Back on the market - buyers got cold feet! Charming and well maintained colonial is tucked into the heart of Hanover. Warm and inviting, this home boasts hardwood throughout, recessed lighting, newer kitchen, stainless appliances, granite counter tops and kitchen peninsula with room for stools. First floor includes kitchen, large living room with fireplace for entertaining and office that could be used as a formal dining space. Finished basement has newer carpet and open area for playroom, man cave or hobby area! spacious master bedroom includes double closets and two other bedrooms are bot spacious with ample storage. Yard is fenced in with patio area that is perfect or summer evening entertaining or just hanging in the yard with friends and family. Newer roof, hot water tank and newer septic round out the many features of this lovely home. Close to the center of town, fields, schools and shopping, there is nothing to do here but move in! First Showings at Open House 2/8 12-2

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90 Franklin Rd, Hanover, MA 02339



Properties CAN and ARE being shown and sold every day and this property is no different. Set up your private showing here anytime. Come and view this charming & maintenance-free ranch in a lovely neighborhood! No worries here with new roof, siding, windows, flooring, paint, trim & dishwasher! Sun-filled & spacious eat-in kitchen with all new flooring and dishwasher (2020). There are 3 bedrooms and an updated full bath (2020). The bonus family room is ready for your pool table and get-togethers! The 1st-floor laundry adds to the convenience of it all. If you are looking for almost stair-free, single level living this is it!
Open House
No scheduled Open Houses

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You know that you want to buy a house, but you also don't want to break your day-to-day budget to acquire a residence. As such, you're in the market for inexpensive housing – something that can be tough to find in any real estate sector, at any time.

Buying a house can be difficult, especially if you're operating on a tight budget. Fortunately, we're here to help you take the guesswork out of finding an inexpensive house that matches or exceeds your expectations.

Let's take a look at three tips to help you streamline your search for an affordable residence.

1. Evaluate How Long a Home Has Been Available

When it comes to finding an affordable house, it pays to check out how long a residence has been available. By doing so, you may be able to discover a bargain, even in a highly competitive real estate market.

If a home that has been available for many weeks or months, a seller may be more motivated than ever before to accept an offer that falls below his or her initial expectations. Thus, if you submit an offer below a seller's initial asking price, the seller may accept your proposal in the hopes of getting rid of his or her residence quickly.

Of course, you should always ensure that a home offer is competitive based on a house's age and condition, along with the current state of the real estate market. Because if you submit a "lowball" proposal, a seller likely will respond with an immediate "No" to your offer.

2. Look at Fixer-Uppers

A fixer-upper is unlikely to have everything that you want in your dream house. On the other hand, a fixer-upper likely is more cost-effective in comparison to a new house.

If you're on the lookout for affordable housing, you should consider fixer-uppers. These houses may require some work, but buyers who are willing to allocate the necessary time and resources to perform myriad home repairs can transform these properties into dream homes.

3. Collaborate with a Real Estate Agent

For homebuyers who want to acquire a house without spending too much, it usually helps to hire a real estate agent. In fact, by working with a real estate agent, a homebuyer can streamline the process of acquiring an affordable residence.

A real estate agent first will meet with a homebuyer and learn about his or her homebuying goals. Then, this housing market professional can tailor a home search to complement a buyer's budget.

Let's not forget about the support that a real estate agent provides throughout the homebuying journey, either. A real estate agent will set up home showings, negotiate with a seller's agent on your behalf and do whatever it takes to help you purchase an inexpensive house.

Ready to find a cost-effective house? Use the aforementioned tips, and you can accelerate the process of discovering an affordable home that you can enjoy for years to come.