Massachusetts Real Estate- Merrimack Valley
Real Estate in Essex and Northern Middlesex Counties, Massachusetts
You put an offer in on a house. Its accepted! Now its time to get your home loan approved and close on the your new home. Here is what not to do before closing on your new home. The period of time between an accepted offer and closing home is also called escrow. While you are in escrow awaiting to close on a home there are things you should not do to interrupt or destroy your financing. The best advice I can give is status quo is the way to go! When in … Continue reading...
There is a value of owning a home for millennials. But, home ownership is down among the Millennial generation as reported by Business Insider and many other news outlets. There are lots of reasons why this could be happening, tighter credit standards, change in lifestyle, lower incomes out of college, high student debt and the fact that millennials are marrying later and having children later in life. And certainly coming out of one of the worst recessions in US history, many … Continue reading...
As a home shopper, there are a few things you can do to make your life easier…and that is to make your agent’s job easier. You two have aligned goals, so it is best to work with each other instead of against each other. I have observed both sides of the transaction enough times to know a few of the items consumers can do to help their REALTOR®. Here is that list. Be Upfront and Communicative All good relationships are built … Continue reading...
You have put an offer in on a home that was accepted!! Congratulations. There is probably no doubt you decided you should have a home inspection on your new home before closing. Today we will talk about how to get ready for your home inspection. Your home inspection is your last line of defense in insuring your home is safe and sound when you move in as well as alerting you to any repairs they may need to be done immediately or in the near future. I won't go into depth … Continue reading...
So I just arrived back at the office from a showing where I heard, I have a "family member who is a real estate agent" they will be handling the transactions. This article discusses 5 reasons why may not want to hire a family member as your real estate agent. This woman spent a half an hour on the phone with me saying her and her husband are wanting to downsize their home and they don't know where to start. I layed out the steps for her that made sense for their … Continue reading...
Today we are going to discuss whether rent to own is a good way to purchase a house or not. Other terms for rent to own could be lease to own or lease option. While not terribly popular in New England because of the strong housing market, rent to owns can still be found. However, I probably get several calls a month from a hopeful home buyer looking for a home they can lease to own. The rent to own or lease option gives the hope to many of buying a home instead of renting … Continue reading...
For Sale- 70 Austin Street, Unit 5, Lowell MA 01854 Open House- Sunday September 3rd 1-2:30pm Price: $182,500 Living Area: 1155 square feet Bedrooms: 2 Baths: 1.5 Taxes: $1969 a year 70 Austin Street, Unit 5 is a great way to own an affordable home in Lowell Massachusetts. It provides the best the city of Lowell has to offer with less than a half mile walk to Lowell's Arts District. Besides it close proximity to the … Continue reading...
Many renters are asking should I buy or rent a home right now. As renters are looking to renew leases or seek another place to live they are starting to realize that it may be cheaper to own. A recent study by Trulia shows that nationwide it is 36% cheaper to own. Realize that statistic can be radically different by region Lets take a look at if you should buy or rent your next home from a financial standpoint. While there are other reasons to buy a home, the financial … Continue reading...
Does Going Directly to The Listing Agent Save Money? Some home buyers think that if they go to an open house or call the listing agent directly on a home they will save money. The thought is if they go directly to the listing agent they will receive an edge in negotiations and/or the listing agent will give up part of their commission to make the deal work. So will going directly to the listing agent save you money? In reality, yes you may have the illusion of saving money upfront on … Continue reading...
One option home buyers have entering the real estate market is what type of home to buy. Common options are a single family, condominium or a multi family home. We are going to talk about buying a multi family as an owner occupant. There are two types of buyers interested in multi families. The investor who wants to obtain positive cash flow through rental income and the owner occupant who lives in the home and uses the additional units to help pay the mortgage. The … Continue reading...
