Massachusetts Real Estate Articles by Kevin Vitali- Massachusets REALTOR

How To Buy A House With Bad Credit

It is tough enough to buy a house under the best of circumstances. But add bad credit to the buying process and you add another layer of difficulty to buying a home. Let's take a look at how to buy a house with bad credit. It doesn't matter if you are trying to buy a foreclosed home with bad credit, you are a first-time homebuyer with bad credit or are moving up or down with bad credit, your sub-optimal credit score will be a stumbling block for you. So, can you buy a house with bad … Continue reading...

Haunted House for Sale- Must A Stigmatized Property Be Disclosed?

Are haunted or stigmatized property a disclosable issue?

With Halloween around the corner, you might be wondering.... do I have to disclose my house is haunted? Or if there was a murder or a suicide in the home? So a stigmatized property may or may not have to have a disclosure to the potential buyer depending on the state you live in. Do I Disclose My House Is Haunted? When we talk about haunted houses fo sale, we classify it as stigmatized property or home. What does stigmatized mean? It means to mark with disgrace or infamy. A stigmatized … Continue reading...

The Ultimate Final Walkthrough Checklist Before Closing

what to look for during your final walkthough

Buying a home can be an exciting journey filled with many twists and turns. Sometimes it can be nerve-wracking and other times very exciting. You have spent months looking at homes, negotiated an offer, did your home inspection, negotiated repairs after your inspection and now it is time to do your final walkthrough before closing on your new home. Your final walkthrough shouldn't be skipped. The final walkthrough is a necessary task before you close on a home. It is your final … Continue reading...

Is Rent to Own A Good Way to Purchase a Home?

Rent to Own Contract the devil is in the details

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 own homes can still be found. 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 to buy a home instead of renting … 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 was new and approached with hesitation back then, condos are now a stable, viable source of housing in today's real estate market. There are many good reasons to buy a condo. 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 … Continue reading...

Can a Buyer Back Out Of A Purchase Agreement On My Home?

Can a buyer back out of a purchase for my home.

The question often arises, "can a buyer back out of an accepted offer on a house?" after putting their home under contract. Of course, it is great to be under contract but don't think you are on easy street. Simply put, it's not over till the fat lady sings!! There is always risk involved when a seller takes their home off the market for a buyer. While you have done everything possible to put a good transaction together, things happen that can prevent your buyer from closing. It … Continue reading...

What Is Earnest Money In A Real Estate Transaction?

Eventually, when you go about buying a home there will come a time you want to write a contract on a home. And, you will run across the term earnest money deposit. For many buyers, they will think what is earnest money? How does earnest money work? If you have previously bought a home you probably already have an understanding of earnest money. But as a first time home buyer, it can be confusing. Sometimes you will hear the term good faith deposit, home deposit or escrow money as … Continue reading...

First Time Home Buyer In Massachusetts

what every first time buyer in ma must know

Buying your first home is a big deal. As a first time home buyer in MA, there is much you need to know. You don't have to buy your first home alone. There are some great real estate professionals to help you get the job done. Your real estate team will include a REALTOR representing you, a mortgage broker, a home inspector and a real estate attorney. All of the professionals have the experience to guide you effortlessly through the process. They are immersed in real … Continue reading...

What Is The Difference Between A REALTOR And A Real Estate Agent?

what is the difference is between a REALTOR and a Real Estate Agent

The term real estate agent and REALTOR® are often thrown around synonymously. In most consumer's minds, there is no difference between a REALTOR and a real estate agent. When talking about what the difference is between a REALTOR and a real estate agent is, we should also add a real estate broker to the mix. Real estate broker is another term thrown around synonymously with real estate agent and REALTOR. On top of all that you have listing agents, facilitators, buyer's agents … Continue reading...