Sterling Stone Real Estate & Co | Chelmsford Real Estate, Westford Real Estate, Needham Real Estate



224 Littleton Rd, Chelmsford, MA 01824

South Chelmsford

Single-Family

$560,000
Price

8
Rooms
4
Beds
1/1
Full/Half Baths
Lovingly maintained 4 bedroom,1.5 bath home with many custom features. This immaculate home features hardwood floors and a spacious floor plan .Some of the updates include windows ,and exterior doors roof is 8 years old ,new hot water heater and more. Home is wired for generator {Generator is to remain with house} 2 zone central A/C central vac, first floor laundry. The 2 car garage offers walk up storage plus ample parking. All this plus a nice level landscaped lot.
Open House
Sunday
December 06 at 11:00 AM to 1:00 PM
Cannot make the Open Houses?
Location: 224 Littleton Rd, Chelmsford, MA 01824    Get Directions

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Photo by Mercigod via Shutterstock

Earnest money is the amount of money put down for a large purchase. While this is not limited to real estate, it is used frequently in the real estate industry. It’s a sign of good faith from the buyer to the seller and normally constitutes about 1%-5% of the home’s price.

How much do you deposit?

There is no set amount for how much you can put down in your earnest account. However, the more money you put into these accounts, the more likely you are to be taken seriously by the seller.

Who gets the money?

Property laws in most states have strict regulations for who holds the money. Most often a third-party escrow company, title company or sometimes the buyer’s broker opens a trust account to hold the funds until completion or dissolution of the sales contract. At that point, the funds go to wherever the contract specifies. That could be back to the buyer or forfeited to the seller. In some cases, the earnest money might go to the real estate agent. If the sale goes through, the funds go toward the buyer’s costs in the transaction, and it appears as a credit on the settlement statement.

To protect yourself from forfeiting earnest money, be fully prepared to complete the sales transaction. Have a pre-qualification letter from your lender, set aside funds for the down payment and closing, and provide the lender, escrow officer, title company and all other interested parties with the information they need for a timely close.

If you wonder about how much earnest money to include, your best resource is your knowledgeable real estate professional.


Birthplace of Bette Davis, now you can own a home with history. Charming Victorian 2 family in a great Highlands location. Welcoming foyer with stained glass window and original detailed woodwork. Each unit is bright and spacious with hardwood floors. Original fireplaces with beautifully detailed mantles. Access to walk up attic for added living space on the 2nd floor. Nice yard with 2 car garage and off street parking. Newer furnaces and hot water tank, updated electrical.

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224 Littleton Rd, Chelmsford, MA 01824

South Chelmsford

Single-Family

$560,000
Price

8
Rooms
4
Beds
1/1
Full/Half Baths
Lovingly maintained 4 bedroom,1.5 bath home with many custom features. This immaculate home features hardwood floors and a spacious floor plan .Some of the updates include windows ,and exterior doors roof is 8 years old ,new hot water heater and more. Home is wired for generator {Generator is to remain with house} 2 zone central A/C central vac, first floor laundry. The 2 car garage offers walk up storage plus ample parking. All this plus a nice level landscaped lot.
Open House
Sunday
November 29 at 12:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 224 Littleton Rd, Chelmsford, MA 01824    Get Directions

Similar Properties




224 Littleton Rd, Chelmsford, MA 01824

South Chelmsford

Single-Family

$560,000
Price

8
Rooms
4
Beds
1/1
Full/Half Baths
Lovingly maintained 4 bedroom,1.5 bath home with many custom features. This immaculate home features hardwood floors and a spacious floor plan .Some of the updates include windows ,and exterior doors roof is 8 years old ,new hot water heater and more. Home is wired for generator {Generator is to remain with house} 2 zone central A/C central vac, first floor laundry. The 2 car garage offers walk up storage plus ample parking. All this plus a nice level landscaped lot.
Open House
Sunday
November 29 at 12:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 224 Littleton Rd, Chelmsford, MA 01824    Get Directions

Similar Properties





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