Home Buying in Somerville : Advice

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Donnette Wood, Home Buyer in Lynn, MA
Donnette Wood answered:
what are the average condo HOA fees per month in somerville, MA for a 2-3 BR? are these negotiable with the condo cost?
What is the average priced policy for insurance to a five unit condominium building in Lynn?
With this number factored in, what does an average monthly condo fee look like for a five ... more
0 votes Share Flag Tue Jun 16, 2015 Home Buying in 02143
Belal Mohd 9…, Real Estate Pro in Forest Hills, Queens,...
Belal Mohd 917-763-2260 answered:
How important is zoning to you when considering a home purchase?
Very important. Zoning tells you what you can or can not do with the exterior, usage and much more. Always check the zoning.
0 votes Share Flag Tue Mar 31, 2015 Home Buying in 02144
Terrie Hayden, Real Estate Pro in Cambridge, MA
Terrie Hayden answered:
Are condo prices in Somerville dropping anytime soon?
My crystal ball sais NO!!
0 votes Share Flag Sat Jan 31, 2015 Home Buying in Somerville
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
recently purchased a foreclosed home from a Mortgage Company, they disclosed that they had an easement to the home, have found out the easement does
Wclark1984, your attorney is the best one to answer the question.

At the very least, ask the real estate professional who helped you in the transaction.

Or if those don't exis ... more
0 votes Share Flag Tue Feb 25, 2014 Home Buying in Somerville
Erik Hook, Real Estate Pro in Somerville, MA
Erik Hook answered:
To be eligible for an FHA first time home buyer loan, do I have to attend a class/workshop and get certified for the 'low down payment' loans ?
As Jeff mentioned below, the best way to find out about all the available ( and often changing) programs, would be to contact a local mortgage broker ..... or better yet two. There are ... more
0 votes Share Flag Thu Feb 6, 2014 Home Buying in Somerville
Erik Hook, Real Estate Pro in Somerville, MA
Erik Hook answered:
I'm buying a home in Somerville and have a question about the residential tax exemption that I haven't been able to find the answer to
The City of Somerville has released it's Fiscal Year 2014 Assessor’s Classification Hearing Report, which contains lots of interesting information regarding the housing market in ... more
0 votes Share Flag Thu Feb 6, 2014 Home Buying in Somerville
Anthony Piem…, Real Estate Pro in West Roxbury, Boston,...
Anthony Piemonte answered:
how do I buy foreclosure? please
Takes a little more time...ok could be a lot more time! It could be a long process, but the first step is to go out and see if you even like the home, write an offer, and your buyers ag ... more
0 votes Share Flag Sun Nov 10, 2013 Home Buying in 02145
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
I've accepted an offer on my home, pending inspection. My situation has changed and I no longer want to sell. Can I stop the sale?
Joe,
Unfortuneately, things like this do happen. I trust the change in your situation is material as opposed to a whimsical change in the direction the wind is blowing. The latter cons ... more
0 votes Share Flag Fri Nov 8, 2013 Home Buying in Davis Square
Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
West somerville
Rona is right, less PT options impact sales. If you are looking for a more insulated investment perhaps consider areas of Somerville closer to the squares and PT ( stronger numbers). Yo ... more
0 votes Share Flag Wed Oct 16, 2013 Home Buying in Somerville
Robert Ortiz, Real Estate Pro in Cambridge, MA
Robert Ortiz answered:
How does the building of a subway stop near a home affect its value?
The closer you are to a train station the better, always. Convenience is a huge factor in determining where to live. While there are some who might prefer not to be within site of a sta ... more
0 votes Share Flag Mon Jun 24, 2013 Home Buying in 02145
Fred Herman, Real Estate Pro in Staten Island, NY
Fred Herman answered:
On a second viewing.... Who gets the deal? The agent who showed it to me first? or do I ask the realtor i have been working with most currently?
Well, why did you switch??? how long ago did you did you switch??? did you go back for second look already?? Why?? because the current agent presented to property to you??? do ... more
0 votes Share Flag Sat Jun 15, 2013 Home Buying in 02145
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
My single family property abuts an area slated by Somerville for TOD. I am zoned RC. Does the TOD add development value to my property?
I would contact a local real estate professional to help with this answer.
Also,
Drive around and meet people.
Ask those who live there.
Walk and talk.


(Please note: when yo ... more
0 votes Share Flag Mon Feb 25, 2013 Home Buying in 02145
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
Can you set up a home business in a Somerville house that's in an RB zone?
The answer can be found at town hall.
Tell them the type of business, and answer their other questions.
You may also be able to find the town code online.
http://library.municode.com ... more
0 votes Share Flag Sat Oct 27, 2012 Home Buying in Somerville
Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
I am looking at a 2 bedroomed apartment in West Somerville ? If the advertised price is $450,000, what should my opening offer be ?
There is no straight answer without doing a property CMA on the unit. Depends on many factors: condition, days on market, sales in the building and surrounding streets, etc. Understand ... more
0 votes Share Flag Tue Oct 9, 2012 Home Buying in West Somerville
Scott Baldwin, Home Buyer in Austin, TX
Scott Baldwin answered:
I'm moving to Boston for a new job. Considering both Cambridge and Somerville. Have a child so schools are an issue. Which schools are best and
Boston magazine just had a list of top 50 schools in the Boston area. Somerville nor Medford made the Top 50. Its cheaper to buy or rent here but more expensive to send your children ... more
0 votes Share Flag Mon Sep 10, 2012 Home Buying in Somerville
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
Does a sellers agent need to reveal an easement on property for sale?
Hopefully your attorney included a contingency for reviewing all the condo docs as acceptable to the buyer. I'm not a lawyer so that isn't legal advice, but I have seen that m ... more
1 vote Share Flag Wed Nov 9, 2011 Home Buying in Somerville
Bill Patters…, Real Estate Pro in Boston, MA
Bill Patterson answered:
Where on the internet can I find the price history of residential properties?
The best (and easiest) is the MLS. I can help you with this if you would like. The MLS pulls data from all over the place and is very easy to use.

Cheers,
Bill P.
0 votes Share Flag Thu Jan 6, 2011 Home Buying in Somerville
Corey Grushin, Real Estate Pro in Morris County, NJ
Corey Grushin answered:
How long can a house have a "For Sale" sign up on it after an offer has been accepted?
The answer lies within the "Seller Agreement" and with the parties who have signed it. but usually the sign comes down after the seller closes on the sales contract.
0 votes Share Flag Fri Dec 10, 2010 Home Buying in Davis Square
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