U.S. News and World Report’s List of Best High Schools in America for 2012 placed Hopkinton High School among those earning a gold-medal rank.
Hopkinton High School was ranked #3 among Best Schools in the State of Massachusetts and #89 among Best Schools in the nation! The U.S. News and World Report rankings included an analysis of 21,776 public high schools in 49 states and the District of Columbia. Only 2% of these high schools earned the coveted gold.
The U.S. News rankings show that quality education is alive and well in public schools – especially right here in Hopkinton, Massachusetts! Private schools are not included in the annual rankings, as they are not required to employ the state proficiency tests used by public schools.
U.S. News used rated American high schools based upon the following methodology:
1. Performance of students as a whole against the statistical averages in the state, including math and science proficiency tests.
2. Performance of disadvantaged students at the school against statistical averages.
3. College readiness, using Advanced Placement and/or International Baccalaureate test data.
To achieve a gold ranking, a school had to place strongly in the first two categories, and also meet or exceed the median benchmark for college readiness. In other words, the majority of students needed to have college-level coursework as part of their curriculum. Of the 21, 776 schools nationally evaluated, only 500 were awarded a gold rank, and these are listed numerically in order of overall performance.
Hopkinton High School’s national rank of #89 and our state rank of #3 are proud achievements for the faculty, students, and community!
Hopkinton homeowners benefit by this news, as demand is always strong for homes in good school districts. Good schools are a selling point and can help improve home values! And if you are a home buyer with school-age children, it makes sense to consider Hopkinton in your home search.
The quality of life in Hopkinton, Holliston,Westborough and Southborough make living in Middlesex or Worcester counties a good choice! If you have questions about buying or selling a home, contact me for the best in local real estate expertise. With 25 years of experience, I’m a seasoned real estate professional who delivers results!
John Savignano
Hopkinton, MA Real Estate Expert
RE/MAX Executive Realty
Hopkinton Real Estate
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This is a Colonial style home and features 9 total rooms, 2 full baths, 1 half bath, 4 bedrooms, 1.11 Acres, and is currently available for $408,900.
For complete details click here.
First, the good news: Starting June 15, mortgages backed by Freddie Mac and Fannie Mae will have a faster response to short sale requests. The new rules require their mortgage servicers to confirm receipt of a short sale request within 3 business days. Within 5 business days, the servicer must specify any other documentation requirements.
Once all documentation has been received, the mortgage servicer must accept or reject the short sale offer within 30 days. If further review is needed, the servicer must provide weekly status updates. Short sales can take longer if a second mortgage or other lien exists on the home. All parties with a security interest in the home must approve the deal.
Since Freddie and Fannie hold more than half of all residential mortgages, the process improvement in short sales could add a boost to overall home sales this year.
There’s just one catch: The Mortgage Debt Relief Act of 2007 expires at the end of December 2012. Unless Congress takes action to extend the law, home sellers with closings in 2013 may have to count forgiven mortgage debt as income for tax filing purposes.
The Mortgage Debt Relief Act of 2007 allows taxpayers to exclude “income” from the discharge of debt on their primary residence. Debt reduced or forgiven via mortgage modifications, short sales and foreclosures generally fall into this description. The IRS sees forgiven mortgage debt as “taxable” because you received the benefit of the loan and use of the proceeds, but were released from the obligation of paying it back in full. To the IRS, the difference between what you borrowed and paid back is a monetary benefit, and therefore considered income.
What does this mean for home sellers in Hopkinton, Holliston, Westborough and Southborough? If your home has negative equity and you want to sell, you need to take action now while the Mortgage Debt Relief Act could protect you. Of course, there’s the possibility that Congress will extend the law, but there are no guarantees. Visit the IRS.gov website to find out more. See your professional tax preparer for guidance.
Being a real estate professional for 25 years, I have hands-on experience in Massachusetts short sales. My attention to detail and prompt communication will ensure that your home sale goes as smoothly as possible. If you need to sell your home, use the leverage of a seasoned real estate professional who truly knows the local market. Contact me today and I’ll be happy to help you!
John Savignano
Hopkinton, MA Real Estate Expert
RE/MAX Executive Realty
Hopkinton Real Estate
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