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Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
If I convert my 2 family that I live in into condos and sell my unit and move to the rental unit and live there for 2 years, can I avoid capital gains
You will have to contact your accountant. Real estate agents are not supposed to give legal or accounting advice.

Chris
0 votes Share Flag A few hours ago Home Selling in Boston
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
Is buying a house with your kids father that has other kids a good idea?
It really isn't up to any of us on Trulia to say whether it's a good idea or not. It's up to you to decide if this is your "best shot" at decent housing for you and your family - now, ... more
0 votes Share Flag Thu May 28, 2015 Home Buying in Boston
Pmoura70, Home Buyer in New York, NY
Pmoura70 asked:
Is buying a house with your kids father that has other kids a good idea? Hi, I'm thinking on buying a multi-family with my daughter's father because my income won't allow me to qualify for a decent house. The only problem is the he has 3 more kids…
0 votes Share Flag Thu May 28, 2015 Home Buying in Boston
Clarabellae, Home Buyer in South Miami, FL
Clarabellae answered:
Could someone explain how the interest rates on a 203k loan are decided? Does the broker determine them based on credit score and other factors?
FHA 203k rates are slightly higher than current market rates. Either the full or streamline 203k offer an adjustable or fixed rate loan. 203k's may have a little more risk. Just looking ... more
1 vote Share Flag Thu May 21, 2015 Home Buying in Boston
Zeolilly, Home Buyer in Fort Worth, TX
Zeolilly answered:
On a 203k loan, do you have to use a contractor do the work?
A HUD 203k consultant will also be helpful in the bidding and project management process that involves your 203k contractor. HUD has a detailed list of standards that a 203(k) contracto ... more
1 vote Share Flag Wed May 20, 2015 Financing in Boston
Bob Oatmeyer, Home Buyer in American Fork, UT
Bob Oatmeyer answered:
How confident are we about mold remediation?
Mold remediation is something that I would make sure to have done if I suspected mold contamination in my own house. For the most part I am pretty confident with the procedure. If I had ... more
0 votes Share Flag Wed May 20, 2015 Home Buying in Boston
Cassandra Sm…, Real Estate Pro in Boston, MA
Cassandra Smith answered:
I'm unable to complete my listing for a rental property I would like to display on Truila.
Hi, If you have your MLS and Trulia accounts linked it will be automatically populated within 48 hours of posting it on MLS. Best!
0 votes Share Flag Sun May 17, 2015 Using Trulia in Dorchester
Cassandra Sm…, Real Estate Pro in Boston, MA
Cassandra Smith answered:
How does renting an apartment with a real estate agent work in Boston?
Hi Martin, You should expect to pay an agent's fee equal to one month's rent in Boston and the surrounding communities. Depending on the areas you are considering living in, you could f ... more
0 votes Share Flag Sun May 17, 2015 Rental Basics in Boston
All Star Home…, Real Estate Pro in Fort Lauderdale, FL
All Star Home Inspector answered:
Can anyone recommend a home inspector?
Boston is one of the most beautiful cities in the country but what we have found is the old homes built in cities like Boston and those up and down the New England coast is that they us ... more
0 votes Share Flag Sun May 17, 2015 Home Buying in Boston
Mike Preston, Real Estate Pro in Boston, MA
Mike Preston answered:
My landlord is selling my Boston (MA) apartment - am I still bound the current lease?
Hi Vince,

In Massachusetts, all leases will transfer to the new owner. You will still have the same contractual obligation to the new owner.

The new owner may let you leave earl ... more
0 votes Share Flag Thu May 14, 2015 Rentals in 02130
Neil Radford, Real Estate Pro in 02655
Neil Radford answered:
What is the best one stop shop website for background/credit check on potential tenants?
I use E-renters.com. I found it to be effective.
0 votes Share Flag Thu May 14, 2015 Investment Properties in Boston
Joannairise, Home Buyer in Tucson, AZ
Joannairise answered:
VA Home loan pre-approval (not qual), but loan denied?
* Buying and owning your own home is part of the phenomena known as the American Dream. Property ownership here in these United States is emblazoned as something of a right and takes on ... more
1 vote Share Flag Thu May 14, 2015 Home Buying in Boston
Diana Hellman, Real Estate Pro in 10538
Diana Hellman answered:
What are some good boston suburbs for great family life and work balance?
There are many nice suburbs near Boston. Brookline and Newtown come to mind but my recommendation is to google or use trulia to find realtors who service the Boston area or google estab ... more
0 votes Share Flag Tue May 12, 2015 Quality of Life in Boston
Andy Brown, Real Estate Pro in Carlsbad, CA
Andy Brown answered:
Jumbo loan without 20% down. Is it possible in today's market?
We have 95% jumbo financing available up to $850k loan amount or just under $900k purchase price.

abrown@guildmortgage.net
760-607-6401
0 votes Share Flag Mon May 11, 2015 Financing in Boston
Adam J Nelson, Real Estate Pro in 02777
Adam J Nelson answered:
Is 15 north beacon st in allston a good investment?
Morning Lisa,

Has an annualized net operating income (ANOI) been provided by the seller for this property? If not, it should be an easy process to estimate and create on your own. Si ... more
0 votes Share Flag Mon May 4, 2015 Home Buying in Boston
Adam J Nelson, Real Estate Pro in 02777
Adam J Nelson answered:
I am a contractor building my first house. I have a couple interested but they want to possibly change the plans which will cost money.
Congrats Tom on getting a potential buyer for your new home you are constructing. Have they written an offer yet? Outlined what it is they are looking to change in the plan?

You need ... more
0 votes Share Flag Sat May 2, 2015 Home Selling in Boston
Richard Shap…, Real Estate Pro in Framingham, MA
Richard Shapiro answered:
Is it true that a mortgage on a co-op property can only be granted with a 20% down payment in Massachusetts by law?
I dont believe this to be true, however 20% down may be the norm due to the lack of Co-op ownership properties with very few lender/banks willing to finance in that type of property.
0 votes Share Flag Wed Apr 29, 2015 Home Buying in Boston
Gerald Feens…, Real Estate Pro in Grand Rapids, MI
Gerald Feenstra answered:
How do a post properties for sale? I keep trying to use the top and go to buy then free list a property and it does to the next page and does not work
Hi Ricky,

Trulia does not allow you to post a home on her as for sale by owner. You must either be an agent or working with an agent in order to do so. If you're looking to sell your ... more
0 votes Share Flag Thu Apr 23, 2015 Home Selling in 02128
Rick Baker, Real Estate Pro in 02184
Rick Baker answered:
I want to know all details about the property: 6 Newbury St. Boston Ma 02116. Thanks.
6 Newbury Street is a collection of 4 spectacular new construction floor-through condominiums, ideally located steps from The Public Garden above Chanel. This is the last unit available ... more
0 votes Share Flag Tue Apr 14, 2015 Home Buying in Back Bay
Rick Baker, Real Estate Pro in 02184
Rick Baker answered:
What towns should we consider moving to in/around Boston? Relocating from NYC w/ a baby. Working in Cambridge but open to the suburbs. Thank you!
Congrats on the upcoming move and baby! A couple of great places to look would be Arlington (can take Massachusetts Avenue into Cambridge); Belmont, Watertown, and Brookline. You should ... more
0 votes Share Flag Tue Apr 14, 2015 General Area in Boston
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