Reasons Why Not To Buy A Condominium- Condo Living

Condominiums are certainly popular in the greater Boston real estate market. And for some home buyers, buying a condominium can be a great choice. In last week's article I discussed some great reasons why a condominium may be a good choice for a home buyer. But this week we will look at the other side of the coin of why you should not buy a condominium. Last week's article discussed that a condominium purchase is generally cheaper than buying a comparable single family home as … Continue reading...

7 Great Reasons to Buy A Condo

7 great resons to buy a condo- is condo living right for you

Is Living in a Condo Right for You? Condominiums have come along way since the 80's. While the concept of condos were new and approached with hesitation back then, condos are now a stable, viable source of housing in today's real estate market. Condominiums come in all shapes and sizes. You can get a unit all on one floor, a townhouse with no one living below or above you, stand alone units, a condominium in an over 55 community, a luxury condo, condos that cater to weekend get … Continue reading...

What Should First Time Home Buyers Know?

You are thinking you may want to buy a house. What should first time home buyers know? Many people buy a house very few times in their life. Its a big decision and lots of money is involved. Home buying for anyone can be a stressful process, but can certainly be full of missteps for a first time home buyer. Buying a home can be complicated on many levels. First their is the legal side of buying the home. Then there is actually looking for homes that suit your … Continue reading...

Should I Get My Mortgage Through A Mortgage Lender or a Bank?

Should I get my mortgage from a mortgage lender or bank

When it comes time to buy a home you probably know how important it is to work with the right buyer's agent. Equally as important, is choosing the right bank or lender to work with you on securing your home loan. A question that often arises is... should I get my mortgage though a mortgage lender or a bank. Working with the wrong bank or lender at the very least will create more stress than necessary and worse case scenario your mortgage is denied. You will have three options when it comes … Continue reading...

Searching For A Home- Maximize Your Email Alerts

home buyer email alerts- Massachusetts Buyer's Agent

Searching for home a new home certainly can be fun in the beginning as you start out your home search, but after awhile starts to get cumbersome when you are not finding what you want. One underutilized tool is the home buyer email alerts. Almost every home search system has the ability to send you an email alert summarizing the changes in the market in the past 24 hours. Whether it is Zillow, REALTOR.com or your local REALTOR®'s home search. Each email alert and home search … Continue reading...

Failed Home Inspection! What’s A Home Buyer To Do?

You have spent months searching for the perfect home.... that cute house with the perfect yard.... now its time for the home inspection. Hopes were high, but you end up with a failed home inspection. Well not really, home inspections are not pass or fail. But, in your eyes that perfect home has failed the inspection. A home inspection is a visual inspection of a homes systems, including electrical, plumbing, heating, etc...., along with soundness of the structure and the … Continue reading...

Good Faith Deposit Explained

Serving my local real estate community for many years, I find their is some confusion around the good faith deposit. We will dive into the good faith deposit and explain what it is and why it is important to dispel the confusion. Much of the confusion revolves around the good faith deposit and what it is, especially when buying your first home. Additional confusion also revolves around what happens with the good faith deposit during the escrow period and when you close on your … Continue reading...

FHA 203K Rehab Loan- What You need to Know

Here in the Greater Boston area the real estate market is red hot and moving fast. The current market is creating unprecedentedly low housing inventory. Inventory is scarce for many buyers, leaving buyers wondering when the next potential house will come along that suites their needs. This makes an FHA 203k Rehab loan a very viable option. Irregardless of the market, a rehab loan is available to most borrowers to easily access money to do necessary repairs or renovations to … Continue reading...

Turning the American Dream Into A Nightmare

Buying a home is a big deal. There are many aspects and phases of buying a home that legal and financial ramifications while going through the home buying process as well as long after you have closed on your home. Good decisions need to be made. Avoid these common home buying mistakes that can turn the American Dream into a nightmare. 14 Common Home Buying Mistakes Failing to Get Pre-Approved Getting a mortgage pre-approval letter is the first step of the home buying … Continue reading...

Get Pre-Approved Early To Save Time, Money and Aggravation

Getting pre-approved is a vital step in buying a home. And it is important to get pre-approved early, before you start looking for homes. Yet, buyers want to look at homes with out being pre-approved. Or they think they will get pre-approved when they find the right home. But if you wait to find the right home and your not pre-approved, your going to miss out on the perfect home in this real estate market. Because of the lack of inventory, many buyers competing for the same … Continue reading...