Home Buying in Boston : Advice

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Austin Parta…, Real Estate Pro in 02169
Austin Partain answered:
Is buying a house with your kids father that has other kids a good idea?
Lawyer up. Each of you should have your own lawyer for a deal like this to make sure you are protected if anything happens in the future. The rest is at your discretion. First, look at ... more
0 votes Share Flag Yesterday at 7:37am Home Buying in Boston
Pmoura70, Home Buyer in New York, NY
Pmoura70 asked:
Is buying a house with your kids father that has other kids a good idea? Hi, I'm thinking on buying a multi-family with my daughter's father because my income won't allow me to qualify for a decent house. The only problem is the he has 3 more kids…
0 votes Share Flag Thu May 28, 2015 Home Buying in Boston
Clarabellae, Home Buyer in South Miami, FL
Clarabellae answered:
Could someone explain how the interest rates on a 203k loan are decided? Does the broker determine them based on credit score and other factors?
FHA 203k rates are slightly higher than current market rates. Either the full or streamline 203k offer an adjustable or fixed rate loan. 203k's may have a little more risk. Just looking ... more
1 vote Share Flag Thu May 21, 2015 Home Buying in Boston
Bob Oatmeyer, Home Buyer in American Fork, UT
Bob Oatmeyer answered:
How confident are we about mold remediation?
Mold remediation is something that I would make sure to have done if I suspected mold contamination in my own house. For the most part I am pretty confident with the procedure. If I had ... more
0 votes Share Flag Wed May 20, 2015 Home Buying in Boston
All Star Home…, Real Estate Pro in Fort Lauderdale, FL
All Star Home Inspector answered:
Can anyone recommend a home inspector?
Boston is one of the most beautiful cities in the country but what we have found is the old homes built in cities like Boston and those up and down the New England coast is that they us ... more
0 votes Share Flag Sun May 17, 2015 Home Buying in Boston
Joannairise, Home Buyer in Tucson, AZ
Joannairise answered:
VA Home loan pre-approval (not qual), but loan denied?
* Buying and owning your own home is part of the phenomena known as the American Dream. Property ownership here in these United States is emblazoned as something of a right and takes on ... more
1 vote Share Flag Thu May 14, 2015 Home Buying in Boston
Adam J Nelson, Real Estate Pro in 02777
Adam J Nelson answered:
Is 15 north beacon st in allston a good investment?
Morning Lisa,

Has an annualized net operating income (ANOI) been provided by the seller for this property? If not, it should be an easy process to estimate and create on your own. Si ... more
0 votes Share Flag Mon May 4, 2015 Home Buying in Boston
Richard Shap…, Real Estate Pro in Framingham, MA
Richard Shapiro answered:
Is it true that a mortgage on a co-op property can only be granted with a 20% down payment in Massachusetts by law?
I dont believe this to be true, however 20% down may be the norm due to the lack of Co-op ownership properties with very few lender/banks willing to finance in that type of property.
0 votes Share Flag Wed Apr 29, 2015 Home Buying in Boston
Rick Baker, Real Estate Pro in 02184
Rick Baker answered:
I want to know all details about the property: 6 Newbury St. Boston Ma 02116. Thanks.
6 Newbury Street is a collection of 4 spectacular new construction floor-through condominiums, ideally located steps from The Public Garden above Chanel. This is the last unit available ... more
0 votes Share Flag Tue Apr 14, 2015 Home Buying in Back Bay
Sally Grenier, Real Estate Pro in Erie, CO
Sally Grenier answered:
Hi, Are you looking for a new home or sell your House in the Metro Boston Area ? Feel free to reach out to me for a personal meeting.
FYI -- this section of Trulia is for us "Pro's" to answer questions from the public about buying or selling real estate. Is is NOT for agents to promote themselves. Please review Truli ... more
0 votes Share Flag Thu Apr 9, 2015 Home Buying in Boston
John Zhang,…, Real Estate Pro in Quincy, MA
John Zhang, Sr. Consultant answered:
Is it feasible to buy a condo for 4 people with a mortgage of most likely 30 years if we are going to sell.?
Depends on specifics of the situation. There are ways to do it if you can provide me. Call me at 857-258-0185 for free private consultation.
0 votes Share Flag Tue Apr 7, 2015 Home Buying in Downtown
Richard Shap…, Real Estate Pro in Framingham, MA
Richard Shapiro answered:
Can I get a mortage in Massachusetts with a credit score of 650?
Yes but it would be good to have your entire profile reviewed by a mortgage professional to make sure there is nothing in your credit profile that could prevent you from purchasing. Fur ... more
0 votes Share Flag Tue Apr 7, 2015 Home Buying in Boston
Ray Vasri, Home Buyer in Washington, PA
Ray Vasri answered:
who pays special assessments in the sale of a cpndo?
I have just recently come across a service which allows you to fill out or edit PDF forms online without having to download any software. I was able to print out my document and even fa ... more
1 vote Share Flag Mon Mar 30, 2015 Home Buying in Boston
David Charet…, Real Estate Pro in Easton, MA
David Charette answered:
I have been renting a house with a option to purchase. How does this money get applied if I wish to purchase? Can this be used as down payment?
More often then not its owner financing with extremely high rates. I would be happy to look over the terms for you at no cost if you have them get me the paperwork. You need to be very ... more
0 votes Share Flag Mon Mar 30, 2015 Home Buying in Boston
Travis Barfi…, Real Estate Pro in Boston, MA
Travis Barfield answered:
Where is the best neighborhood to invest in for a multi-family house.?
Investments are very individualized as everyone has a different comfort level and interest. As with stocks some people are short term and others long term. With that said you should eva ... more
0 votes Share Flag Thu Mar 26, 2015 Home Buying in Boston
Louis Wolfson, Real Estate Pro in 02030
Louis Wolfson answered:
When a afford is presented to the sellers agent but he doesn't show the afford to the seller what should be done ?
I am not clear what you mean by "afford" could you clarify please. ie; pre approval letter?
0 votes Share Flag Sun Mar 22, 2015 Home Buying in Boston
Louis Wolfson, Real Estate Pro in 02030
Louis Wolfson answered:
We got a 1992 home recently and found that after our closing that radon levels became 0 .I am not sure what the problem could be
Age of a home has nothing to do with radon. Radon is a gas and can fluctuate. Much has to do with ventilation, time of year etc.

What was the level prior to your purchase?

che ... more
0 votes Share Flag Sun Mar 15, 2015 Home Buying in Boston
Angela Guo, Real Estate Pro in Boston, MA
Angela Guo answered:
if there is no HOA fees listed under Fees and Taxes in Trulia, does it mean there are no HOA fees?
No, Trulia and Zillow are not accurate and often have omission when pulling from other databases. Always check via MLS through an agent you trust.
0 votes Share Flag Wed Mar 4, 2015 Home Buying in Back Bay
Louis Wolfson, Real Estate Pro in 02030
Louis Wolfson answered:
In which neighborhood might I find 3br/2bth townhomes with a good public high school and a T or rail stop in walking distance in the $650-850k range?
Lexington, Arlington, Winchester, Belmont would all be good options.

I'm partial to Newton (a little better commute to Cambridge) and Needham (not as easy to Cambridge) but great sch ... more
1 vote Share Flag Thu Feb 19, 2015 Home Buying in Boston
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