Home Buying in Gloucester : Questions & Answers

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Chrisy, Other/Just Looking in Gloucester, MA
Chrisy answered:
we put an offer on land 4 days ago and still haven't heard back is this ethical? Why have contracts if realtors dont abide by them?
Ha ha, funny - didn't see that - but then the land market in Gloucester has been hibernating for a lot of years, hopefully now beginning to wake up a bit
0 votes Share Flag Mon Apr 15, 2013 Home Buying in 01930
Chrisy, Other/Just Looking in Gloucester, MA
Chrisy answered:
O.k. - what can you buy for $250,000 in your neighborhood or town?
I've seen a couple of sf houses for $250k or less in Gloucester - normally in ok-to-average neighborhoods, small size - mostly 1200 sq feet or so and a small lot. Most look to be in n ... more
0 votes Share Flag Mon Apr 15, 2013 Home Buying in 01930
Patrick Lydon, Real Estate Pro in 01923
Patrick Lydon answered:
Will almost sell my soul to live in gloucester. its the home of my heart; has been since i first saw it in 1968. Bad credit (gee). anybody got ideas?
Kate, you can either fix your credit or find a home that the seller will finance. So, its totally possible.
I have 2 credit repair specialists on my team. If you want to give it a sh ... more
0 votes Share Flag Tue Sep 18, 2012 Home Buying in Gloucester
Michele  All…, Real Estate Pro in 01966
Michele Allison-Elwell CBR answered:
Is it common in Mass. do ask for an extension for financing?
I am seeing a lot of this now. Before it may take 21-30 days from acceptance for a letter of commitment from a bank or mortgage lender. Now with so many banks becoming stricter on lendi ... more
0 votes Share Flag Sat Jul 21, 2012 Home Buying in 01930
Michele  All…, Real Estate Pro in 01966
Michele Allison-Elwell CBR answered:
previous purchase question
Was the consumer a customer or client?
They really should have the CLIENTS best interest at heart . Nothing should be said without permission. Realtors are held to a code of ethics. R ... more
0 votes Share Flag Sat Jul 21, 2012 Home Buying in 01930
Peter J. Mla…, Real Estate Pro in 33131
Peter J. Mlaguzi Iii answered:
recent home sale on Salt Island Rd., Gloucester, MA
This is the most recent sale on that street.


38 Salt Island Rd Gloucester  MA  01930-1945  12/22/2010  $825,000  1-Family Residence - Contemporary 

Are you ... more
0 votes Share Flag Fri Jun 29, 2012 Home Buying in Gloucester
Tim Page, Real Estate Pro in 99037
Tim Page answered:
In todays housing market do most homes sell for around the assesed value?
I've appraised homes in eight different counties or so. Here's what I've found. When prices are going up, assessed value will be lower than the market value. When prices ... more
0 votes Share Flag Tue Nov 15, 2011 Home Buying in 01930
Ken Lambert, Real Estate Pro in Exeter, NH
Ken Lambert answered:
Does a home in Ma built in 1700 need to have heat in the bedrooms if sold today - none of the 4 bedroom home has heat just one big radiator in hall?
Hi there- I am a builder and licensed mortgage officer. Generally, I think you may have some trouble with the FHA appraisal with this.
I would think it is well worth maybe $1000 tota ... more
0 votes Share Flag Sun May 9, 2010 Home Buying in 01930
Michele  All…, Real Estate Pro in 01966
Michele Allison-Elwell CBR answered:
we live in gloucester and were looking for property to renovate and profit from, we want somewhere fairly
Hi Katie,



A affordable multi just came on last night. A two family near the high school. It has off street parking which is a bonus in that neighborhood. 2 bedroom and 1 bedro ... more
0 votes Share Flag Thu Jul 23, 2009 Home Buying in Gloucester
Michele  All…, Real Estate Pro in 01966
Michele Allison-Elwell CBR answered:
how much is it worth? how much tax assessment value is for this property?
Dear Andre,

Bass Ave is a very busy street. Especially in summer and on weekends. It is the main rd. out of East Gloucester. It is a great location for people who have small childre ... more
0 votes Share Flag Wed Apr 8, 2009 Home Buying in 01930
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
I am interested in a single family home in Cypress Knoll. I would like forclosed or short sale.
Keep in mind in order purchase any property and work with realtor need lender approval. Foreclosures and short sales usually have drama with bidding wars prep for anticipation of the w ... more
0 votes Share Flag Tue Oct 7, 2008 Home Buying in Gloucester
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