20% - 50% it really depends on your local market. look for other "tear down" comparables and see what they've sold for. your probably best off contacting a local realtor to do the research for you.... more
Not that important. An assessment is the value placed on a property by the town by the Assessor's Office for the purpose of determining the property tax due. Recent sales are a much much better indication of value. I have seen assessment be off by $100,000 plus either way.... more
With a 590 all the big name banks are going to be off the table. But I have some lending resources that do offer loans down to a 590. The rate is probably going to be ugly, but it's worth looking into. Feel free to give me a call, and if you provide some additional information I can try and help sort out your options.
Sr. Mortgage Loan Originator – NMLS #977416
Luxury Mortgage Corp
29200 Northwestern Highway, Suite 300
Southfield, MI 48034
Mobile: 313-622-7383 | Direct: 248-714-4914 | Fax: 248-415-1522
I lived in St. Pete from 1990 to 1997 so I have done the warm to cold move myself. For Train access you want to be a line that goes into South Station - Wellesley would meet that criteria. Are you looking to rent a single family home? What is reasonable for a commute for you? Boston Magazine does an annual ranking of Local School Systems - so that is one resource you may to check out.... more
It really depends on several variables - but predicting 5 to 7 years out is hard . That said, the general rule is that you need to be in a property at least three years in a normal market to break even - by break even I mean the costs to the seller (agents fee, stamp taxes, attorney fees, etc) are covered by the increase property value. Happy to discuss further....just reach out to me... more
Haven't heard of it from sellers direct, but it's possible when it's a by agent listing as most are. We used http://www.hauseit.com/home-buyer-cash-back/ .. the guys assigned us a top local NYC agent who gave us free professional representation and 50% of the commission he earned post closing. Win win!... more
Hey there! I would suggest you to try getting some answers from people who moved there recently or have experience with that in the past. One of the networks I always suggest is InterNations. Once you log in you can check out their forums. They also organize bunch of activities and events once you are there so you could meet a lot of people. Lot of international ones as well. You can check them out here: http://www.internations.org/boston-expats... more
It seems like you have thought about a lot of the things you would need. I would suggest that you focus on the search to ensure you're getting all of the help you need from the best available professionals. The last thing you want to deal with is something being done wrong because you hired someone inexperienced. Get references for all of the services you think you'll need. Meet them to get quotes and decide if you like them, then hire the best one. That way, you should get the best help available to you.
For a VA loan does Townhome = Condo?We're approved for a VA loan and are trying to purchase a tow home. From my understanding townhomes (attached, in a complex) fall under the same requirements as condos, in that, they have