02148 : Advice

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Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
I'm interested in purchasing in Malden. Is this neighborhood due for an upswing or is it going downhill?
I would pay attention to local politics & to the success/failure of the local schools. Proximity to the city, quality of schools and development opportunities tend to be the three k ... more
0 votes Share Flag Sun Mar 28, 2010 Market Conditions in Malden
Mark Warren, Real Estate Pro in Everett, MA
Mark Warren answered:
What is the going rate for a 1.5 bedroom, 1 living room, 1, dining room in Malden on the medford line?
Hi Jeanmarie,

If you are renting the property you would be in the range of $900 to $1000. If you are selling the property you are in the range of $160,000 to $210,000.

If you have ... more
0 votes Share Flag Thu Feb 4, 2010 Market Conditions in Malden
Irena Stewart, Real Estate Pro in 28304
Irena Stewart answered:
1st time home buyer, I made 65K in '08', now I am making 83K. Do I still qualify for the 8k home buyer credit?
The best thing to do is to consult with CPA since you have significant increase in your annual income..Good luck
0 votes Share Flag Tue Aug 4, 2009 General Area in Malden
Marty Kaiser, Real Estate Pro in 32819
Marty Kaiser answered:
I am trying to negotiate with a builder/seller of a property without an agent, anything I need to be aware of?
I highly recommend either employing the services of a realtor or having a lawyer review the contract prior to you signing it. The two biggest issues are the financial stability of the ... more
0 votes Share Flag Mon Aug 3, 2009 How To... in Malden
SanfordMullen…, Real Estate Pro in Boston, MA
SanfordMullen RE answered:
i live in malden, Ma and i rent a house how can i go about buying this house i live in.
It depends on if the current owner is willing to sell. My suspicion - given the economy - is all owners will likely entertain (at least the idea) of selling. One option would be to sim ... more
0 votes Share Flag Thu Apr 9, 2009 Home Buying in Malden
Dana Schuster, Real Estate Pro in 70458
Dana Schuster answered:
Is there any disadvantage (or advantage) of owner occupying both units in a 2 family home?
i.f you occupy both units it becomes a single family home. One owner cannot occupy both units and consider them seperate
0 votes Share Flag Thu Apr 9, 2009 Home Buying in 02148
Debby Thomps…, Real Estate Pro in 53226
Debby Thompson answered:
Should I get mortgage insurance? And how can I get bi-weekly payments?
Bi Weekly is a service that is offered not through your lender. Check into this before you do it. I believe that even if you refi your loan it will stay with you. Instead of doing this ... more
0 votes Share Flag Thu Sep 25, 2008 Home Buying in 02148
Mike Hughes, Real Estate Pro in Newton, MA
Mike Hughes answered:
We're about to buy a house, closing is 3 weeks, I just found out there's a broken window. It's a short sale,
Good question.
This is a legal problem ... ask your attorney about it. The "final walkthrough" which usually occurs up to 24 hrs. before the closing is designed to ID problems like th ... more
0 votes Share Flag Fri Sep 19, 2008 Home Buying in Malden, MA
Pacita C Dim…, Real Estate Pro in Alameda, CA
Pacita C Dimacali answered:
What are the Pros and Cons of a forclosure? Should I stay away?
Here"s a very good link that discusses the pros and cons of buying foreclosures http://homebuying.about.com/od/4closureshortsales/qt/093007_Foreclos.htm

No, you don't have to stay aw ... more
0 votes Share Flag Tue Jul 1, 2008 Foreclosure in Malden, MA
Michael Giles, Real Estate Pro in Beverly, MA
Michael Giles answered:
I'm currently in the process of buying a house we really like but has an easement...though we will own the
Most of these questions should be directed towards a lawyer. Most right of way easments have been put in place by the owner of a property to make a sub divided lot more attractive to ... more
0 votes Share Flag Mon Aug 4, 2008 Home Buying in Malden, MA
DebOnTheWeb…, Real Estate Pro in Medford, MA
DebOnTheWeb (Deb Agliano) answered:
would 280K be a reasonable offer for a property listed for 339k in 02148 area??? single fam, 3 bd, 1.5bath
Hi Jo,

Thanks for your question. It depends on a lot of factors. . . the condition of the property, how long it has been for sale, the location, the price of similar homes that have ... more
0 votes Share Flag Wed Oct 28, 2009 Home Buying in Malden
Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
i heard that there are some agents out there who are willing to split the commission 50/50 with you if you
Interesting ... I think you are referring to brokerages who give rebates? There are a couple of us out there:
Territoryre.com - flat fee, no matter what price range you buy in we get p ... more
0 votes Share Flag Mon Apr 28, 2008 Home Buying in Malden, MA
Ed Hughes, M…, Real Estate Pro in Natick, MA
Ed Hughes, MBA answered:
What is the average for agent commission in the Malden MA area?
The standard commission rate is 5%....2.5% goes to the Listing Broker, 2.5 goes to the selling Broker
0 votes Share Flag Fri Mar 25, 2011 Home Selling in 02148
Michael Lefe…, Real Estate Pro in Sudbury, MA
Michael Lefebvre answered:
We are looking to rent a home, 3 bedrooms, what would be the average asking price to rent?
Are you looking to rent in Malden? You didn't specify.

0 votes Share Flag Sun Mar 16, 2008 Market Conditions in Malden, MA
Mike Calef, Real Estate Pro in 02127
Mike Calef answered:
Alright, I'm looking at buying a luxury condo in Malden, steps from the Malden Center T line, with parking,
Thanks for the question. Your situation is very common especially with the way that the market is going. Agents will tell you that it is a great time to buy, with rates low and invent ... more
0 votes Share Flag Thu Apr 2, 2009 Home Buying in Malden, MA
Patti Pereyra, Real Estate Pro in Chicago, IL
Patti Pereyra answered:
Will a finished basement be included in square foot when selling?
Hi Steve, I think it will largely depend on your planning department for your particular area.

I do know that for habitable living space to be included in total sq. footage, it has t ... more
0 votes Share Flag Thu Apr 19, 2012 Home Selling in Malden
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