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About Me
Hello. My name is Melissa Mancini, and I have been representing Buyers and Sellers involved in real estate transactions for almost 8 years now.
I build solid relationships with all of my clients by listening to their needs and developing plans for successfully accomplishing their personal and investment related goals. The consistency of unsurpassed service that I have provided to my clients, has allowed me the opportunity to receive many referrals and make many long-term relationships along the way. My goal is to be your Real Estate Advisor for life!
I pride myself on my personal and professional strict code of ethics, and I am a proud member of the National & Massachusetts Association of Realtors®. I am also a Graduate of the Real Estate Institute (GRI), and I am a Certified Buyers Representative (CBR).
If you’re looking to buy or sell a home in Southeastern MA, you can trust me to handle every detail!
AREAS of EXPERTISE: Single Families, Multi-families, Condo’s, New Construction, Investment, Foreclosures and Short Sales.
Melissa Mancini, Realtor, CBR, GRI
DEFINITION OF DESIGNATIONS:
Certified Buyer Representative® (CBR) - allows consumers to identify a buyer agent who has been trained and who possesses the skills necessary to represent purchasers in a legal, ethical, and non-adversarial fashion. Those agents who have acquired this designation have demonstrated their commitment to full client level service to the buyer. They perform a level of diligence in the real estate transaction that is unparalleled in the industry. A designation less than 1% of Realtors have earned.
Graduate Realtor Institute (GRI) - A REALTOR® who has been trained in many areas including legal and regulatory issues, professional standards, the sales process and technology. Less than 20% of REALTORS® nationwide hold the GRI designation. This means that you will be hiring an experienced, well educated real estate professional to help you.
MEMBER OF:
National Association of Realtors
Massachusetts Association of Realtors
Greater Boston Real Estate Board
Multiple Listing Service
Email: MelissaMancini@GoodwinRealtyGroup.com
Web: www.MelissaBMancini.com
I build solid relationships with all of my clients by listening to their needs and developing plans for successfully accomplishing their personal and investment related goals. The consistency of unsurpassed service that I have provided to my clients, has allowed me the opportunity to receive many referrals and make many long-term relationships along the way. My goal is to be your Real Estate Advisor for life!
I pride myself on my personal and professional strict code of ethics, and I am a proud member of the National & Massachusetts Association of Realtors®. I am also a Graduate of the Real Estate Institute (GRI), and I am a Certified Buyers Representative (CBR).
If you’re looking to buy or sell a home in Southeastern MA, you can trust me to handle every detail!
AREAS of EXPERTISE: Single Families, Multi-families, Condo’s, New Construction, Investment, Foreclosures and Short Sales.
Melissa Mancini, Realtor, CBR, GRI
DEFINITION OF DESIGNATIONS:
Certified Buyer Representative® (CBR) - allows consumers to identify a buyer agent who has been trained and who possesses the skills necessary to represent purchasers in a legal, ethical, and non-adversarial fashion. Those agents who have acquired this designation have demonstrated their commitment to full client level service to the buyer. They perform a level of diligence in the real estate transaction that is unparalleled in the industry. A designation less than 1% of Realtors have earned.
Graduate Realtor Institute (GRI) - A REALTOR® who has been trained in many areas including legal and regulatory issues, professional standards, the sales process and technology. Less than 20% of REALTORS® nationwide hold the GRI designation. This means that you will be hiring an experienced, well educated real estate professional to help you.
MEMBER OF:
National Association of Realtors
Massachusetts Association of Realtors
Greater Boston Real Estate Board
Multiple Listing Service
Email: MelissaMancini@GoodwinRealtyGroup.com
Web: www.MelissaBMancini.com
My Q&A
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Melissa Manc…'s Answers (247)
Melissa Mancini, Realtor, CBR, GRI answered:
Hi Hank,
Don provided you with great information. I just wanted to point a line of language within this:
“The property owner or facility operator is (generally responsible) for obtaining an inspection of the system. Prior to the transfer of title, however, the parties may contractually allocate responsibility for the inspection, provided that such inspection occurs within the specified timeframes.”
There is really no written law on who is technically responsible for testing the system and bringing it into compliance if necessary, however it has been more “customary” that this falls onto the seller. But, we are in very different times right now, and some sellers just can’t afford to take this on. Some are selling with a debt forgiveness from their mortgage lender because they owe more on their mortgage than what the property is worth. This is called a short sale.
Many buyers are purchasing homes and taking on the responsibility of this. They are not “eating the cost of it” though. They are of course seeing this cost reflected in their sales price.
There are some lending restrictions on these kinds of sales. Most lenders will require 1.5x the estimated amount to be placed in an escrow account at the time of closing. Typically the lenders attorney holds this money and disburses it upon the completion and inspection of the new system. In addition to short sales, this quite frequently happens with foreclosures. Your probably asking yourself, “well where do these buyers get the money”…….I recently did a sale where the property was selling for $300k and we found out that 1.5x the amount of the new system was $25k…..so, the contract read that the sale price was $300k, but the seller was to give $25k to the buyer at closing. So they essentially, the buyer paid $275k for the house and $25k for the new septic system, paying $300k total for it.
Best of luck to you!
~M
Don provided you with great information. I just wanted to point a line of language within this:
“The property owner or facility operator is (generally responsible) for obtaining an inspection of the system. Prior to the transfer of title, however, the parties may contractually allocate responsibility for the inspection, provided that such inspection occurs within the specified timeframes.”
There is really no written law on who is technically responsible for testing the system and bringing it into compliance if necessary, however it has been more “customary” that this falls onto the seller. But, we are in very different times right now, and some sellers just can’t afford to take this on. Some are selling with a debt forgiveness from their mortgage lender because they owe more on their mortgage than what the property is worth. This is called a short sale.
Many buyers are purchasing homes and taking on the responsibility of this. They are not “eating the cost of it” though. They are of course seeing this cost reflected in their sales price.
There are some lending restrictions on these kinds of sales. Most lenders will require 1.5x the estimated amount to be placed in an escrow account at the time of closing. Typically the lenders attorney holds this money and disburses it upon the completion and inspection of the new system. In addition to short sales, this quite frequently happens with foreclosures. Your probably asking yourself, “well where do these buyers get the money”…….I recently did a sale where the property was selling for $300k and we found out that 1.5x the amount of the new system was $25k…..so, the contract read that the sale price was $300k, but the seller was to give $25k to the buyer at closing. So they essentially, the buyer paid $275k for the house and $25k for the new septic system, paying $300k total for it.
Best of luck to you!
~M
Melissa Mancini, Realtor, CBR, GRI answered:
No...Todd Sandler is the name of the company that the seller used...Laurel Beckerman was the agent from the company that the seller hired.
Melissa Mancini, Realtor, CBR, GRI answered:
Hi Susan,
there were two realtors involved in this sale. Laurel Beckerman was the sellers realtor and karen Reauglt was the buyers agent...
there were two realtors involved in this sale. Laurel Beckerman was the sellers realtor and karen Reauglt was the buyers agent...
Melissa Mancini, Realtor, CBR, GRI answered:
If the condo fee is higher than comparable communities and its not being mis-managed, than there is a strong likely hood that it offers more amenities. (as someone mentioned). Therefore, rightfully so commanding more $ than other communities and probably appealing to different buyers.
Melissa Mancini, Realtor, CBR, GRI answered:
Hi Carlos,
Just curious....I noticed you are in TX, but post questions about MA....are you planning to relocate?
Just curious....I noticed you are in TX, but post questions about MA....are you planning to relocate?
Specialties
The area that my business is primarily concentrated on is Residential Real Estate. I offer full representation to Buyers/Investors and Sellers. My area of expertise includes: Single Families, Condominiums, Multi-Families, Rehab Projects, Foreclosures, Short Sales and New Construction.
Melissa Mancini, Rea… is a member of Trulia Voices:
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