01930 : Advice

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Chrisy, Other/Just Looking in Gloucester, MA
Chrisy answered:
we put an offer on land 4 days ago and still haven't heard back is this ethical? Why have contracts if realtors dont abide by them?
Ha ha, funny - didn't see that - but then the land market in Gloucester has been hibernating for a lot of years, hopefully now beginning to wake up a bit
0 votes Share Flag Mon Apr 15, 2013 Home Buying in 01930
Chrisy, Other/Just Looking in Gloucester, MA
Chrisy answered:
O.k. - what can you buy for $250,000 in your neighborhood or town?
I've seen a couple of sf houses for $250k or less in Gloucester - normally in ok-to-average neighborhoods, small size - mostly 1200 sq feet or so and a small lot. Most look to be in n ... more
0 votes Share Flag Mon Apr 15, 2013 Home Buying in 01930
Michele  All…, Real Estate Pro in 01966
Michele Allison-Elwell CBR answered:
Is it common in Mass. do ask for an extension for financing?
I am seeing a lot of this now. Before it may take 21-30 days from acceptance for a letter of commitment from a bank or mortgage lender. Now with so many banks becoming stricter on lendi ... more
0 votes Share Flag Sat Jul 21, 2012 Home Buying in 01930
Michele  All…, Real Estate Pro in 01966
Michele Allison-Elwell CBR answered:
previous purchase question
Was the consumer a customer or client?
They really should have the CLIENTS best interest at heart . Nothing should be said without permission. Realtors are held to a code of ethics. R ... more
0 votes Share Flag Sat Jul 21, 2012 Home Buying in 01930
Tim Page,  in 99037
Tim Page answered:
In todays housing market do most homes sell for around the assesed value?
I've appraised homes in eight different counties or so. Here's what I've found. When prices are going up, assessed value will be lower than the market value. When prices ... more
0 votes Share Flag Tue Nov 15, 2011 Home Buying in 01930
Ken Lambert,  in Exeter, NH
Ken Lambert answered:
Does a home in Ma built in 1700 need to have heat in the bedrooms if sold today - none of the 4 bedroom home has heat just one big radiator in hall?
Hi there- I am a builder and licensed mortgage officer. Generally, I think you may have some trouble with the FHA appraisal with this.
I would think it is well worth maybe $1000 tota ... more
0 votes Share Flag Sun May 9, 2010 Home Buying in 01930
Michele  All…, Real Estate Pro in 01966
Michele Allison-Elwell CBR answered:
how much is it worth? how much tax assessment value is for this property?
Dear Andre,

Bass Ave is a very busy street. Especially in summer and on weekends. It is the main rd. out of East Gloucester. It is a great location for people who have small childre ... more
0 votes Share Flag Wed Apr 8, 2009 Home Buying in 01930
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