Home Buying in Needham : Questions & Answers

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Bill Paulson, Real Estate Pro in Needham, MA
Bill Paulson answered:
I have an offer on a short sale and now have been asked to sign an "AS IS" addendum. I have been told that I can still back out at the final
If the work to be done was specified in the P&S and there is language in there that allows you to back out based on a walk through / re-inspection then you should be ok. You definitely ... more
0 votes Share Flag Mon Jan 13, 2014 Home Buying in 02492
Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
I closed on a house recently. At final walk through there was a bathroom pipe leaking. My agent sent a picture to the sellers agent requesting this to
Did the attorney's come to an agreement prior to close? A hold back? Something in writing?
If none of the above your leverage/rights might be limited but certainly worth a call to your ... more
0 votes Share Flag Mon Oct 28, 2013 Home Buying in 02492
John T. Zadr…, Real Estate Pro in Needham Heights, MA
John T. Zadroga answered:
We're looking to buy a condo/townhome (2bed/ 1.5 bath) in Needham
I would be glad to assist you. Let me know what are you looking for in a condo?
0 votes Share Flag Thu Sep 12, 2013 Home Buying in Needham
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
does anyone know the income limitations for to qualify for the needham housing authority.?
Hi Chris.
Did you contact the listing professional?

I would contact the local real estate professional to help with this answer and to save time and money.
(I'm on the Cape, but I ... more
0 votes Share Flag Mon Apr 22, 2013 Home Buying in Needham
Sandy Balzer…, Real Estate Pro in Needham, MA
Sandy Balzer Tobin answered:
Check what school a property is zoned for
Is that what they do in Wellesley, Mindy? I'm not sure if that's the case in Needham.
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Needham
Christine Mo…, Real Estate Pro in Wilbraham, MA
Christine Moran Realtor/Notary answered:
Realtor/agent change
If I were a seller and had two different offers from the same person with different realtors I may think this person is difficult or sneaky and not accept their offer.

If you go thr ... more
0 votes Share Flag Sat Mar 23, 2013 Home Buying in 02494
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
Mortgage / financial contingency
Asivaraman,

Ask your attorney if your contingencies protect you.
The words/terms of the contingency may have included some interest rate clauses.
You may also need to apply to anot ... more
1 vote Share Flag Mon Feb 25, 2013 Home Buying in Needham
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
Second mortgage to avoid PMI. Pros/Cons?
I would contact a local lending professional to help with this answer.
There is not enough detail in your question.

I know this guy can be helpful: rtranchell@totalmortgage.com
Bo ... more
0 votes Share Flag Tue Jan 29, 2013 Home Buying in Needham
Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
Seller did not fix agreed upon repairs. Can I withdraw from purchase?
We always suggest to those doing FSBO you should still hire a buyer broker, it is 199+% worth it even if you have to pay them a small sum on the side to guide you through the process. I ... more
0 votes Share Flag Sat Jan 12, 2013 Home Buying in 02492
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
Condo fee includes everything..good/bad?
Check the financials of the association, the % of owner occupied units, etc.
A good real estate lawyer can help.



(Please note: when you choose an answer as a Best Answer, or at ... more
0 votes Share Flag Mon Nov 19, 2012 Home Buying in Needham
Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
Property taxes in Needham
http://www.needhamma.gov/index.aspx?NID=192

The 2012 residential property rate is $10.95 per $1,000 of assessed value

In that price range you are talking anywhere from $9,000-10,0 ... more
0 votes Share Flag Mon Aug 13, 2012 Home Buying in Needham
Mikel Defran…, Real Estate Pro in Milton, MA
Mikel Defrancesco answered:
What is meaning of term "subject to license to sell"?.?
The home is an estate and the deal must be presented and approved by a judge to proceed. In this market not many judges would gum up the works, but it is another step that can add a ... more
0 votes Share Flag Mon Aug 29, 2011 Home Buying in Needham
Kevin O, Both Buyer and Seller in Brookline, MA
Kevin O answered:
How is the commute driving from Needham to Boston? How is traffic on 95S at night going to Needham? Is this?
then take the train...its 30 minutes from Hersey to South Station.
0 votes Share Flag Tue Jun 21, 2011 Home Buying in Needham
Sandy Balzer…, Real Estate Pro in Needham, MA
Sandy Balzer Tobin answered:
Home assessment and impact on bank appraisal.
Unfortunately, some bank appraisals are coming in under the agreed upon sale price. New laws that took effect last year require lenders to choose appraisers from a pool, rather than rel ... more
0 votes Share Flag Mon Jan 31, 2011 Home Buying in Needham
Bill Kuhlman, Real Estate Pro in Boston, MA
Bill Kuhlman answered:
has real estate declined in needham
Hi-

I know you asked the question some time ago, but I wanted to add my two cents about using median sale price to show appreciation and depreciation.

It's long been the st ... more
0 votes Share Flag Sun Mar 14, 2010 Home Buying in Needham
Julie, Real Estate Pro in Charlton, MA
Julie answered:
Are the laws different for estate sales? My offer was accepted. I had an inspection, I was then ready to go to my attorney with a purchase and sales
Usually the type of financing does not matter to the seller, as long as it goes through and gets approved. That does not seem right if they signed the offer, and the attorney had the p ... more
0 votes Share Flag Tue Feb 23, 2010 Home Buying in Needham
Mathew Roth, Real Estate Pro in Needham, MA
Mathew Roth answered:
what is breen street like?
Is there a Breen Street in Needham, MA??
0 votes Share Flag Tue Feb 9, 2010 Home Buying in Needham
Pat Baker, Real Estate Pro in Needham, MA
Pat Baker answered:
What are the best town to buy houses in MA - considering a> good school and neighborhood, b> closer to Boston, > growth area?
There certainly are some great towns with excellent schools. I recommend Needham for not only the school system but the ease of commuting and it is less than 11 miles to Boston. Needh ... more
0 votes Share Flag Mon Dec 14, 2009 Home Buying in 02494
Lori Lincoln, Real Estate Pro in Taunton, MA
Lori Lincoln answered:
Seller Accepts Offer & Signs, receives new offer, backs out of 1st deal, is this legal?
If an executed Purchase and Sales Agreement was signed by all parties, the seller does have to sell. However, if there was a subject to home inspection and a meeting of the minds didn't ... more
0 votes Share Flag Thu Sep 11, 2008 Home Buying in Needham
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