Home Selling in Boston : Questions & Answers

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Rick Baker, Real Estate Pro in Braintree, MA
Rick Baker answered:
I had a buyer back out of the contract 4 days from closing. Inspections, appraisal and fixing all requests have been completed.
I'm sorry you are going through this. Did you use New Mexico's standard P&S? I am a realtor in Massachusetts who also has a law degree. If you used the standard P&S in New Mexico, unles ... more
0 votes Share Flag Thu Aug 20, 2015 Home Selling in 02122
mark21mww, Home Owner in Boston, MA
mark21mww asked:
The 31 Queensberry St unit 15 Boston, MA 02215 estimated price too low. The 31 Queensberry St unit 15 Boston, MA 02215 unit has fallen a lot in price recently (went from $285K to $243K in a matter of a couple months). This is unusual because the area I am living…
0 votes Share Flag Wed Aug 12, 2015 Home Selling in 02215
Austin Parta…, Real Estate Pro in ,
Austin Partain answered:
Buyer backed out of contract 2 weeks before closing date on House to be sold "AS IS" with no improvements by seller.
The agreement most likely had a mortgage contingency. Prior to providing the commitment, the lender will verify income again and if there are any changes, the buyer might not get the co ... more
0 votes Share Flag Mon Aug 10, 2015 Home Selling in 02122
Austin Parta…, Real Estate Pro in ,
Austin Partain answered:
IN Pennsylvania who is responsible for filling out the residential sales agreement when there is no real estate agent involved?
Most likely the seller. You can sometimes pay for those documents if you reach out to a Real Estate office.
0 votes Share Flag Mon Aug 10, 2015 Home Selling in Boston
Austin Parta…, Real Estate Pro in ,
Austin Partain answered:
why dont buyers make offers on overpriced listings?
Bank won't lend if the agreed price is over appraised value.
0 votes Share Flag Mon Jun 29, 2015 Home Selling in Boston
Austin Parta…, Real Estate Pro in ,
Austin Partain 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
I don't think you can avoid capital gains in this situation. 1031 tax exchange would be the best way to avoid capital gains, but you couldn't live in the property for 2 years.
0 votes Share Flag Tue Jun 2, 2015 Home Selling in Boston
Adam J. Nels…, Real Estate Pro in Swansea, MA
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
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
Travis Barfi…, Real Estate Pro in Boston, MA
Travis Barfield answered:
When do houses get listed for the spring market? How long does the spring market typically last?
Hi Kathleen,

The snow is finally gone!!! With that said the buyers are out and now is a great time to sell. The market should stay strong throughout the summer and into the fall. If ... more
0 votes Share Flag Wed Apr 8, 2015 Home Selling in 02127
Travis Barfi…, Real Estate Pro in Boston, MA
Travis Barfield answered:
Do you have to close on the closing date set in the P&S, or can you close a day earlier via verbal agreement with buyer?
Hi Sue,

Contracts can always be changed given that both parties are fine with the changes. A verbal agreement is a good start but follow up with your attorney and have it put in writ ... more
0 votes Share Flag Wed Apr 8, 2015 Home Selling in Boston
Ellen D'Ambr…, Real Estate Pro in Duxbury, MA
Ellen D'Ambruoso answered:
I inherited property I wish to sell. Unfortunately one quarter of one lot was gifted to a relative who is now dead. How can I clear this title?
I am a real estate agent who works in Massachusetts who can recommend a local real estate attorney to answer this question for you. Please contact me for their information.

Good luck ... more
0 votes Share Flag Fri Apr 3, 2015 Home Selling in Boston
Curious Pers…, Home Buyer in Metairie, LA
Curious Person answered:
When does the earnest money deposit in escrow get paid to the seller? Is a seperate transaction made if escrow is being held by the sellers attorney?
ANY and ALL purchases in Real Estate that I make will NOT involve ME putting down ANY EARNEST MONEY. There are many harrowing tales of the proposed buyer losing their earnest money, be ... more
1 vote Share Flag Sun Mar 29, 2015 Home Selling in Boston
Travis Barfi…, Real Estate Pro in Boston, MA
Travis Barfield answered:
Can you list FSBO homes on Trulia - if so how do you do this?
Hi Kendra,

Without reading the other answers I'm sure you have heard a mouthful. I am not going to lecture you on why it's better to hire a Realtor. But I will advise you to hire a p ... more
0 votes Share Flag Thu Mar 26, 2015 Home Selling in 02127
Ellen D'Ambr…, Real Estate Pro in Duxbury, MA
Ellen D'Ambruoso answered:
Who writes up the purchase and sales agreement? Our attorny or our realtor?
The attorney for the sellers is the one who drafts the P&S.
0 votes Share Flag Tue Mar 24, 2015 Home Selling in Boston
Angela Guo, Real Estate Pro in Boston, MA
Angela Guo answered:
how long should i wait before taking my condo off the market?
50 days for negotiations seem awfully long. I agree that you should determine why you are selling and your real estate goals before deciding to put on or pull your listing.
0 votes Share Flag Wed Mar 4, 2015 Home Selling in 02116
Evie J Hunt, Real Estate Pro in Abingdon, VA
Evie J Hunt answered:
Any advice for sale by owner?
Statistics support that one can usually receive a higher return on a property sold by a Realtor; however, that is not your question! My advice would be the same as if I were speaking t ... more
0 votes Share Flag Sat Feb 21, 2015 Home Selling in 02130
Seth Stisher, Real Estate Pro in Charleston, SC
Seth Stisher answered:
Need to sell house - I have no money!!!
Looks like it was stated here pretty well, but as long as you sell the home for more than you owe (by a margin that leaves room for closing costs and commission to your agent), you will ... more
0 votes Share Flag Thu Jan 15, 2015 Home Selling in Boston
Curtis Key, Real Estate Pro in 02116
Curtis Key answered:
I have a two bedroom, 2.5 bathroom condo in Orchid Hill in Charlestown and would like to sell.
There are definitely a lot of variables in your situation and never any guarantees with real estate. I can say however, that I have done quite a bit of business in Charlestown over the ... more
0 votes Share Flag Wed Jan 7, 2015 Home Selling in 02129
Anthony Piem…, Real Estate Pro in West Roxbury, Boston,...
Anthony Piemonte answered:
Do we need to hire an attorney to create the deed and review closing documents or can we rely on the mortgage company's attorney for that?
I always recommend to my buyers to get a lawyer to represent them and have their best interest in mind.
0 votes Share Flag Wed Jul 9, 2014 Home Selling in Boston
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