Angela Dolber

And now is a good time to buy in Worcester if you take advantage of the "Buy Worcester Now" program where local banks and mortgage companies are giving rate discounts to those who use them. Employers are getting in on the program as well, maybe helping with closing costs, and local furniture and appliance stores are helping with discounts for new home buyers in Worcester. Just go to their website: http://www.buyworcesternow.com for more information. Hope this helps!

Angela Dolber, realtor Prudential Prime Properties, serving Worcester County and beyond - Fri Oct 24 2008, 08:47

I think Worcester is an up and coming city actually. They have just built a new courthouse downtown and also are planning on some condo highrises downtown as well. Are there places in Worcester that are less than desirable? Of course, but so isn't there in a city like Boston. There are some good areas of Worcester to check out, the north side of Burncoat and the western side Tatnuck area are two of the better places in the city for buying homes with good neighborhoods. If you do the northwest side of Worcester, near the Holden line, you'll find more acreage of land with the home since it's more of the "countryside" of the city.

Angela Dolber, Realtor http://www.prudentialprime.net
Prudential Prime Properties
Whitinsville, MA
508-826-8553 - Sun Feb 10 2008, 07:40

Hi Rick,

I am not in Illinois, but I would talk to a mortgage broker or someone in your bank if they do mortgages. My state of Massachusetts has a MASS Housing program that still does 100% financing options with certain income levels and credit scores. There are FHA programs out there, like 203k where you can put some money down and roll the repairs into the mortgage amount. In this marketplace, unless you have some cash saved to put down on a house, it could be tough to get approved for a mortgage. But you won't know that until you talk with a local mortgage professional - and make sure it is local and not some company you find online with representatives that may not even be in your state. Good luck! - Mon Sep 15 2008, 07:56

Hi Rana,
If you go to http://www.prudentialproperties.com choose Massachusetts, then do Worcester Real Estate - you can register for a free account with me and do searches online, save properties to a Portfolio and receive updates on when properties have a price change or go off the market. It is a very easy and convenient way to be sent emails of properties you are looking for and be kept up on any changes that happen with them in the marketplace. Check it out! - Sat Aug 16 2008, 09:44

First - I agree that you need to talk with your attorney about pulling out of the deal. I educate my clients by telling them that there are basically 2 contingencies to get out of a deal: If the home inspection doesn't go to their liking they can review the home inspection report and have 2 days to say they want to move forward, pull out, or ask for money back to fix something or have the owners fix something, and you'll get your deposit back if you choose to pull out of the deal; the other thing is if you can't get financed by your bank or mortgage lender. I would recommend if you are able to pull out of this deal and find another home, you may want to work with a realtor who is representing you as a Buyer's Agent because he/she would have talked with you about your options once looking at the home further. The listing agent works mainly for the seller, and will represent you as well, but can't give you as much of the fiduciary responsibilities as if working with you alone, and it doesn't cost you anything more to have a realtor on your side. I hope all gets better with your health - with the right guidance, buying a home should not be a stressful endeavor! ;o) Take care and good luck! - Sun Aug 3 2008, 18:26

If you wanted to work with the builder directly, I'd definitely recommend looking at comparable properties for new construction around the area to make sure you're not overpaying for a new home. Also, I'd do some research on some other homes the builder has built as well to make sure you are buying a good quality constructed home. With the new construction market in a decline with the market, I'd start lower and then add some upgrades or ask for closing costs back, etc. Hope this helps and good luck with your purchase. If you have any other questions reagrding buying a new construction home, I'd be happy to help. Angela Dolber, realtor Prudential Prime Properties angela@pruprimehomes.com - Thu Jul 31 2008, 10:50