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The FHA home loan is definitely a loan program to look at for cash strapped first time home buyers. It is certainly not a program just for first time home buyers, it can also be used for refinances and move…
I recently wrote an article for sellers on handling competing contracts on their home. So now this article will focus on multiple offers for a home buyers. The pre-spring real estate market has heated up. Inventory is ultra low and…
Deposit Money is a good faith deposit, or earnest money deposit that is tendered on the purchase of real estate which is then kept in an escrow account. You will sometimes hear your deposit called escrow monies as well. The…
I an your new SRES®. I just completed training to become a Seniors Real Estate Specialist (SRES). By partnering with an SRES® (Seniors Real Estate Specialist) like me during your new home search, you’ll gain the help and expertise of…
As the local real estate market in Massachusetts heats up, it not unusual for home buyers to be in a Multiple Offer situation. If you find yourself in a multiple offer situation, at best it is frustrating and many times…
With 15-20% of the homes for sale being short sales, many times you will see under disclosures, “sale subject to lien holder approval”. What does lien holder approval mean? Lien Holder Approval Lien Holder Approval means that the seller must,…
Here is a great article about what gets recorded at a real estate closing. Prospective real estate buyers tend to think of the “mortgage” as the contract they are signing with the bank. This is misleading. The promissory note is…
As a Massachusetts Realtor, I marvel at how home buyers jump from one site to another to another to find their perfect new home driving themselves crazy thinking that they will find a hidden home that is not on any…