Home Buying in Somerville : Real Estate Advice

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Jennifer Kee…, Real Estate Pro in Cambridge, MA
Jennifer Keenan 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?
Condo fees are not negotiable. They are set by the condo association and are calculated by the percentage share of each unit in relation to the total area of the building. The costs var ... more
0 votes Share Flag Tue Jun 16, 2015 Home Buying in 02143
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas 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?
Realtors have a high honor system; they will work it out between themselves.
Just give the name and phone # to your Agent, and he will take care of it.
0 votes Share Flag Sat Jun 15, 2013 Home Buying in 02145
Joanne Mcdon…,  in Somerville, MA
Joanne Mcdonnell 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?
Your property value will more than likely be affected by the TOD. It’s hard to say if it will help or hurt your value without more information. As time goes by and the city†... more
0 votes Share Flag Mon Feb 25, 2013 Home Buying in 02145
Rona Fischman, Real Estate Pro in Cambridge, MA
Rona Fischman answered:
How does the building of a subway stop near a home affect its value?
The very long-term investment in property near transit lines is a solid strategy; however, the short-term gains are not likely. Let me give you a little history on this: The Davis Squar ... more
0 votes Share Flag Mon Jun 24, 2013 Home Buying in 02145
Louis  Wolfs…, Real Estate Pro in Needham, MA
Louis Wolfson answered:
Can you set up a home business in a Somerville house that's in an RB zone?
depends on the type of home business you are planning. All communities allow you to have home business and it usually spelled out in the town building by-laws what types are allowed. U ... more
0 votes Share Flag Sat Oct 27, 2012 Home Buying in Somerville
Rona Fischman, Real Estate Pro in Cambridge, MA
Rona Fischman 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 ?
I know you are going to hate my answer, but the right answer is, "it depends." Asking prices are a fiction created by the seller or the seller's agent. If the condo is worth $400,000, a ... more
0 votes Share Flag Tue Oct 9, 2012 Home Buying in West Somerville
Kevin Vitali, Real Estate Pro in Tewksbury, MA
Kevin Vitali 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
Asking about school systems is a loaded question. First they are two totally different communities. The median sale price was 516k in Somerville in the past 6 months for a single fami ... more
0 votes Share Flag Mon Sep 10, 2012 Home Buying in Somerville
Zach Skoglund, Real Estate Pro in St Cloud, MN
Zach Skoglund answered:
Does a sellers agent need to reveal an easement on property for sale?
All material facts that affect your enjoyment of the property MUST be disclosed prior to writting up a purhcase agreement. It is your agent's DUTY to provide you with that informa ... more
0 votes Share Flag Wed Nov 9, 2011 Home Buying in Somerville
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
Where on the internet can I find the price history of residential properties?
Try your county tax assessor. I don't know how it works in your area but our county tax records are now on line here in Morris County New Jersey and we can at least see the mortga ... more
0 votes Share Flag Thu Jan 6, 2011 Home Buying in Somerville
Amy Mullen, Real Estate Pro in Shrewsbury, MA
Amy Mullen answered:
I own a condo in a 2-unit converted house. I want to buy the 2nd unit, move into it and rent my current. Is it okay for me to own both as condos? Tx -
Norma,

Of course it's okay! You do have a tax effect because you will have a primary residence and then a rental property. Go with the best rate you can get (in this market - ... more
0 votes Share Flag Tue Oct 26, 2010 Home Buying in Somerville
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
hazardous soil contamination in somerville ma
Best contact city who would have all these details for residences in area.

Any comment Realtor can't make violation of code of ethics

Recommend Google search, read publish ... more
0 votes Share Flag Mon Mar 15, 2010 Home Buying in Somerville
Ken Lambert,  in Exeter, NH
Ken Lambert answered:
Where are all the home buyers? Is the heat getting to you or are you on the fence about buying in the?
Hi Rosalee- If you're a home buyer, I assume you also may be a home seller- or else you may not be asking this question??
This week thru the day after Labor Day look to be a litt ... more
0 votes Share Flag Tue Aug 25, 2009 Home Buying in Somerville
Greer Swiston, Real Estate Pro in Newton, MA
Greer Swiston answered:
Help me make an offer for a piece of land in Somerville
Have you confirmed with Somerville building Inspections that they would approve this re-allotment of land and the subsequent re-arrangement of property?

That said ... it depends on w ... more
0 votes Share Flag Mon Jun 1, 2009 Home Buying in 02143
Greer Swiston, Real Estate Pro in Newton, MA
Greer Swiston answered:
Shouldn't agents become landlords before selling a 2 or 3 family to someone else?
It is true that experience is a good teacher, but there are other ways to acquire knowledge.

That said, I am sorry that you have had some bad experiences with agents that weren't abl ... more
0 votes Share Flag Thu Mar 12, 2009 Home Buying in Somerville
Candy Bruegg…, Real Estate Pro in Boca Raton, FL
Candy Brueggemann answered:
Seller's Disclosures. Are they usually signed?
In Florida, the FAR Seller's Real Property disclosure is not a legal requirement, however the seller has a duty to disclose to the buyer any property defects of which he or she has know ... more
0 votes Share Flag Wed Feb 18, 2009 Home Buying in 02144
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
Have one agent both to buy and sell or have a separate buyers agent and sellers agent?
If you use one agent for buy/sell you build a relationship with them. In many instances using same agent they could discount the commission earned saves you money ! Most discounts are ... more
0 votes Share Flag Tue Aug 25, 2009 Home Buying in 02144
Yannis Tsits…,  in 01742
Yannis Tsitsas answered:
Do I qualify for Mass housing programs for a 3% down payment if I am a foreign national?
Hi Adonis:
Mass advantage can answer that question for you. Before the loan crisis the foreign nationals were required to put at least 25% down payment. Recently a lot of the lenders s ... more
0 votes Share Flag Tue Jan 13, 2009 Home Buying in 02144
Michael Giles, Real Estate Pro in Beverly, MA
Michael Giles answered:
I'm considering making an offer on a condo which is currently rented.
Hi Nick,
If this is the unit that you really want, you should make the offer subject to the property being free from tenants at the time of closing. This will put the burden of negoti ... more
0 votes Share Flag Fri Dec 26, 2008 Home Buying in Somerville
Mike Hughes…, Real Estate Pro in Waltham, MA
Mike Hughes Team answered:
Are there any resources for _equity share_ in MA?
Hi Carlos,
I believe that this would be ownership as "tenancy in common" with a predetermined sale arrangement between the two parties. I would say that this always occurs with unmarr ... more
0 votes Share Flag Tue Jul 15, 2008 Home Buying in Somerville, MA
Dana, Home Buyer in New York, NY
Dana asked:
What would be difference in buying house in Somerville or Manville? i would like to buy a house inNJ(Somerville, Manville etc.not sure)What would be the difference.I have no children,so don't care about good schools.Any advise?How about propety taxes, i...
0 votes Share Flag Wed Jun 25, 2008 Home Buying in Somerville, MA
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