Peabody : Real Estate Advice

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Luciano Leone, Real Estate Pro in Peabody, MA
Luciano Leone answered:
what are the park fees in whispering meadows mobile co operative park peabody ma?
Margaret - in performing some research, it appears the association fee is $390. Should you decide you need additional assistance or have any further questions about buying property in t ... more
0 votes Share Flag Tue Feb 26, 2013 Home Buying in 01960
David Cutler, Real Estate Pro in Peabody, MA
David Cutler answered:
Are these estimates current and what are they based on?
Thanks for the post! What estimates are you referring to?
0 votes Share Flag Tue Jan 29, 2013 Market Conditions in Peabody
Robin O'Donn…, Real Estate Pro in Beverly, MA
Robin O'Donnell answered:
Will it hurt my chances of getting a mortgage if I currently pay my rent by cash?
jk02,
It would depend on the underwriter for the lender as to whether it would be a problem or not. Some lenders will ask for 12 months records of payments and others may not. If you ... more
0 votes Share Flag Thu Mar 21, 2013 Home Buying in 01960
Robin O'Donn…, Real Estate Pro in Beverly, MA
Robin O'Donnell answered:
How much are the HOA fees? What other fees are there that aren't listed?
The Association fee is $290 / Month. This fee includes Water, Sewer, Master Insurance, Security, Swimming Pool, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Remo ... more
0 votes Share Flag Thu Dec 12, 2013 Market Conditions in Peabody
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
will it hurt my chances of getting a mortgage if I purchase a car that reduces the amount I currently pay for a monthly car payment.?
If you have a lot of CASH sitting around; Okay!

But if you increase your Income to Debt ratio; yes, you will hurt yourself.
We tell Clients to not buy anything on time until after C ... more
0 votes Share Flag Tue Jul 31, 2012 Home Buying in 01960
Heather LoRe…,  in North Reading, MA
Heather LoRe - Available Now! answered:
is mobile home a secure place to raise children or is there much negative drama going on in mobile parks?
Hello Diana,

For a budget of $99,000, you can find several options for your new home, including 2 bedroom condos in Peabody or the surrounding area. Condo prices are very low and buy ... more
0 votes Share Flag Sat Jul 21, 2012 Home Buying in Peabody
Wen Farina, Real Estate Pro in Reading, MA
Wen Farina answered:
multiple listing #71400438 Please send me info on that house: 6 Glen Drive, W. Peabody MA 01960
Send us your email address at info@wenrealty.com we'll reply with the full report
0 votes Share Flag Fri Jun 29, 2012 Home Buying in 01960
Richard Shap…, Other/Just Looking in Framingham, MA
Richard Shapiro answered:
Title V lead to contaminated land???
I don't think it would be considered contaminated. A failed system is typically functioning but may be too small, a cess pool, too close to the well source, or in need of a pipe or ... more
0 votes Share Flag Thu Jun 7, 2012 Home Buying in 01960
Mike Sullivan, Real Estate Pro in Gainesville, FL
Mike Sullivan answered:
My father and I live in his house in Lynn,Ma. He is 80 years old and I am on SSI. He owes $45,000.00 on his mortgage. Can he sell me the house for?
Wanda...your Dad can sell you the house for whatever he wishes. You would need to get a mortgage in that amount, there would be closing costs involved in this transaction, however. Yo ... more
0 votes Share Flag Sat Nov 9, 2013 Home Buying in Peabody
David Burnham,  in Washington, DC
David Burnham answered:
I have a home that is worth less than I owe due to repair needs. I have not lived there for 1 1/2 years but paid the Mortgage. It now needs to go.
You can pay the difference at the settlement table, but otherwise there are not a lot of options other than to hold on to the property until it appreciates a little or you pay the mortg ... more
0 votes Share Flag Sun Nov 17, 2013 Home Selling in 01960
Thalia Poulos, Real Estate Pro in Temecula, CA
Thalia Poulos answered:
Need help! I want to sell my condo in IL because I now live in TX.
Have you considered looking into a Short Sale, which is when you speak to your bank about your situation? I don't know if an investment property will qualify for a short sale or n ... more
0 votes Share Flag Wed Oct 6, 2010 Home Selling in 01960
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
Help with buying house insurance in MA. My wife and I are buying our first house in a few weeks. We do not know much about the house insurance part?
Hi, Start by calling some of the big companies, Allstate, State Farm, Gieco and get quotes from them. They will need an address, or at lease city you'll be buying in, value of per ... more
0 votes Share Flag Wed Feb 16, 2011 Home Buying in Peabody
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Help with buying house insurance in MA. My wife and I are buying our first house in a few weeks. We do not know much about the house insurance part?
Not knowing anything about your property nor private possessions-- Keep in mind that estimates are free--for a clear picture-- contact/visit a few different local insurance companies ... more
0 votes Share Flag Mon May 3, 2010 Home Insurance in Peabody
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
can you get a VA Loan with a 557 credit score?
Yes, it's possible to get a loan-- however they do look at your credit activity for past year--also see links for additional information.
www.homeloans.va.gov www.valoans.com
0 votes Share Flag Wed Mar 31, 2010 Home Buying in Peabody
Jeffrey Cart…, Real Estate Pro in Beverly, MA
Jeffrey Carter answered:
Is Kosciusko Street in a flood zone?
Hello SPL35,

I know that area well. Kosciusko Street isn't known for flooding. However, If the surrounding grounds aren't pitched right or the gutters are damaged/missing ... more
0 votes Share Flag Tue Jul 21, 2015 Home Buying in Peabody
Ken Lambert,  in Exeter, NH
Ken Lambert answered:
What are they building on Lynnfield street in peabody? Is it retail space or doctors offices? Will it increase traffic in the area?
Hi Max- I'm not sure, but I work with a RE broker who works based out of Lynnfield. I'd be happy to put you in touch with her if you'd like. She probably has some loca ... more
0 votes Share Flag Mon Feb 8, 2010 Home Buying in Peabody
Michael Giles, Real Estate Pro in Beverly, MA
Michael Giles answered:
what is a lot size in Peabody?
It depends on what the zoning is in the area. If you would like to e-mail me the address I can give you the exact legal lot size.
0 votes Share Flag Thu Oct 1, 2009 Home Selling in Peabody
Michael Giles, Real Estate Pro in Beverly, MA
Michael Giles answered:
Does anybody know how the Peabody school systems is?
Hi Morgan,
It's always dificult answering the status of a school system because everyone has their own idea of what constitutes "acceptable" I can tell you that as a City, Peabo ... more
0 votes Share Flag Mon Jun 29, 2009 Home Buying in Peabody
Dana Schuster, Real Estate Pro in Slidell, LA
Dana Schuster answered:
credit score of 600 or lower make 60k a year can I be approve for a VA loan for 200k-220k?
For VA you would need a credit scored of 720. Lowest requirement would be 620 for an FHA with 3.5% down.
0 votes Share Flag Wed Jun 17, 2009 Financing in Peabody
Luke Allison,  in Asheville, NC
Luke Allison answered:
any one have information on VA loan????????????
You might want to start here:
http://www.homeloans.va.gov/eligibility.htm

It might read like hieroglyphics, but if you make your way through the site you can determine your eligibil ... more
0 votes Share Flag Fri May 29, 2009 Financing in Peabody
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