Home Buying in Cambridge : Real Estate Advice

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Adams.miscel…, Home Buyer in Saint Louis, MO
Adams.miscellany asked:
Applicability of first right of refusal in condo sale (I'm the current tenant) The owner of the condo I rent has decided to sell, and he offered to sell it to us directly for 25% over its estimated value. I declined, but now find that he has listed it for 15% over…
0 votes Share Flag Mon Mar 21, 2016 Home Buying in 02139
Kathy Burgre…, Home Owner in Westchester, NY
Kathy Burgreen answered:
Hello I am looking for a home I'm not sure if I was an apartment or a house though.
The decision depends on what you can afford. Will you be paying 100% cash or will you need a mortgage. If you need financing, the lender will verify your finances and determine how mu ... more
0 votes Share Flag Fri Feb 5, 2016 Home Buying in 02139
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
how is the crime?
When it comes to any safety/crime related issues, it's always best to contact the local authorities with all your questions, hear all there is to hear firsthand. If unfamiliar with the ... more
1 vote Share Flag Sun Apr 19, 2015 Home Buying in Cambridgeport
Sandi Bauman, Real Estate Pro in Chico, CA
Sandi Bauman answered:
Made settlement two weeks ago found mold and rotted wood under 4 year old tile roof. What to do?
Did you have the property inspected by a professional prior to closing?
0 votes Share Flag Fri Dec 26, 2014 Home Buying in 02141
Adam Shamus, Real Estate Pro in Newton, MA
Adam Shamus answered:
Which suburbs to look into with easy commute to cambridge near MIT.
Hi KJD, there are a decent amount of communities that could fit your search profile. I would look at Lexington, Concord and Arlington. Burlington, Lynnfield and Stoneham may also be goo ... more
0 votes Share Flag Tue Sep 2, 2014 Home Buying in Cambridge
Territory.c…, Real Estate Pro in MA,
Territory.com answered:
I would like to add Cambridge, Ma, Arlington, MA and Medford, MA to the listings I receive. Could you add these cities to the ones I hear about.?
Feel free to sign up here
territory.com
We have a direct MLS feed so we should have 3x the amount of listings on the market:

Listings:
http://territory.com/search?search_string=CA ... more
0 votes Share Flag Fri Mar 7, 2014 Home Buying in Cambridge
John Dean, Real Estate Pro in Somerville, MA
John Dean answered:
Hi, just how hard is it to do a 1031 exchange? Mine would be complicated. I own a 2 family and live in 2/5 of it. My understanding is that I
Sarah,

1031 Exchange process is not difficult with the right team in place. I just completed a 1031 exchange in the spring on a multifamily transaction in Somerville. Everything w ... more
0 votes Share Flag Fri Nov 15, 2013 Home Buying in Mid-Cambridge
Robert Ortiz, Real Estate Pro in Cambridge, MA
Robert Ortiz answered:
Which neighborhood in Cambridge to invest in?
Hey Scott!!!

East Cambridge and North Cambridge are the best value buys. Draw for East Cambridge is proximity to Kendall, MIT and MGH. Draw for North Cambridge is Alewife and Davis p ... more
0 votes Share Flag Thu Oct 10, 2013 Home Buying in Cambridge
James Daniel, Real Estate Pro in Cambridge, MA
James Daniel answered:
Do you think it is worth developing my modest single family with 2 stairways and land into condos?
Interesting question. My opinion? Absolutely not! Single Family homes are so rare in Cambridge that no matter how modest your home is, in this market, it's probably worth more as a sing ... more
1 vote Share Flag Sun Aug 18, 2013 Home Buying in Cambridge
James Daniel, Real Estate Pro in Cambridge, MA
James Daniel answered:
How much "earnest money" should accompany an offer on a 1200000?
Good question. Since you are looking to buy in Cambridge I'll focus my answer on what is typical and customary in the Cambirdge market.

First, you should know that there is no rule o ... more
0 votes Share Flag Sun Aug 18, 2013 Home Buying in 02138
Mano Ravi, Renter in Cambridge, MA
Mano Ravi answered:
Hi, can H1B1 visa holders buy a house in MA USA?
Thanks to all those who answered my question positively, It is very encouraging..

M.Ravi
0 votes Share Flag Fri Aug 9, 2013 Home Buying in 02138
Rona Fischman, Real Estate Pro in Cambridge, MA
Rona Fischman answered:
Any thoughts on the long term value of condos that are basement units?
It is interesting that I first answered this question in 2009. Here is it, again in 2013, being answered. Now we are in a better market, and basement units are still less expensive to b ... more
0 votes Share Flag Sun Jun 30, 2013 Home Buying in 02138
Kevin Vitali, Real Estate Pro in Tewksbury, MA
Kevin Vitali answered:
how do i post my recent (6 19 07) purchase of 6 Sherman Street, #D?
Trulia is mostly updated by pulling data from various sources. The data will eventually catch up in the Trulia system.
0 votes Share Flag Sun Jun 30, 2013 Home Buying in 02138
Kevin Vitali, Real Estate Pro in Tewksbury, MA
Kevin Vitali answered:
I am only interested in buying a unit at 346,348, or 350 Harvard St. 02138 How can I find out if there is a unit for sale in one of these buildings?
If you are looking for a very specific address or location, call a local real estate agent and tell them what you want. We have tools that can cull out homes in a radius and address or ... more
0 votes Share Flag Sun Jun 30, 2013 Home Buying in 02138
Kevin Vitali, Real Estate Pro in Tewksbury, MA
Kevin Vitali answered:
I am a writer and so I do not earn a fixed income. I have $110,000 to put down. No debt. Gd credit record. What value home shld I be looking at?
Best thing to do is talk to several lenders and see what they can offer you and how they will look at your income.

Bottom line any lender will be attributing some sort of monthly i ... more
0 votes Share Flag Sun Jun 30, 2013 Home Buying in 02138
John Dean, Real Estate Pro in Somerville, MA
John Dean answered:
How to find a good general contractor for remodeling job in Cambridge area?
Min

My suggestion is to go back to the real estate agent that you purchased the property with. Usually they have a huge database of local contractors to tap into. Realtor are plug ... more
0 votes Share Flag Fri Apr 26, 2013 Home Buying in Cambridgeport
John Dean, Real Estate Pro in Somerville, MA
John Dean answered:
how to price the cost of land ,having a flat at cambridgeport commons. for the purpose of depreciation in schedule E ( tax purpose)
sounds like you could use an accountant not a real estate agent to answer this question properly
0 votes Share Flag Fri Apr 26, 2013 Home Buying in Cambridgeport
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