Marcella and Highland Streets are a nice area to live in for Roxbury. It's close to the orange line, Jackson Sq Station, a great middle school (Timilty), RCC, all in walking distance. Also not far from that area are Stop & Shop, Dimock Community Health, Whittier St Health, Northeastern, several major teaching hospitals, several parks and community centers like the Cass Center (free). Crime is somewhat high, you are also near the projects. But you are at the bottom of Fort Hill which has some incredibly beautiful properties and is a very quiet area.... more
You do not need to put your daughter on the Deed of the condo. You would just keep your condo in your name and it would be considered an Investment Property which you rent out to your daughter. If your daughter lives in the condo and pays you rent, then you can use that rent as part of your qualifying income when buying a new house. The new house would be your primary residence, and the condo would be the investment property. The underwriter may ask for a "motivation letter" as to why you are moving. Some reasons that are acceptable are that the new house is an upgrade to the condo, the house is closer to work, or you are helping your daughter out who will eventually purchase the condo from you. Some of the other answers you received just assumed you were trying to commit fraud - I don't see that at all. But the Underwriter on the loan may have some very sepcific questions and will do their due diligence.... more
Well; I will say the sale price meaning a $1.00 Dollar amount . It tells the buyers that they can come eager and try to see if they can have and oportunity in bidding and compete with others. In the other hand the sellers will have the chance of knowing for how much the sale can go, without having to wait longer. There is a lot of expensive conditions; like for example taxes, utilities, legal services and frustration and at the end, its a buyer's and comission market; starting at tens of thousand of Dollars per hours in most of the open houses, is a Deal. Thank you!