Wellesley : Questions & Answers

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Steve Quinta…, Real Estate Pro in Albuquerque, NM
Steve Quintana answered:
why do buyers try to push sellers out of their house when they clearly see there is a "subject to finding suitable housing" in a listing?
The buyers may have their own needs that compel them to move quickly. In real estate sooner is usually better than later. Later may never come.
0 votes Share Flag Thu Sep 11, 2014 Agent2Agent in Wellesley
Adam Pandori, Real Estate Pro in 12302
Adam Pandori answered:
Listing broker has an agreement for 12 months to sell my property. He didnt list it on the market and its been over 1 month.Do i have the right to?
If the broker is a member of an MLS most MLS services have an allowable amount of time (2 or 3 business days for example.) before a home must appear on the Multiple List Service. I woul ... more
0 votes Share Flag Thu Sep 4, 2014 Home Selling in 02482
Richard Shap…, Real Estate Pro in Framingham, MA
Richard Shapiro answered:
How do school systems of Wllesley, Belomont and Newton compare with each other and which of them is the best?
All three are great and you wouldn't go wrong. I would also consider commute time and the size of the HS. Newton is a large school system and has two HS's. Belmont and Wellesley have sm ... more
0 votes Share Flag Wed Aug 20, 2014 Home Buying in Wellesley
Larry Lawfer, Real Estate Pro in Boston, MA
Larry Lawfer answered:
Looking for for a few reputable builders (rough to finish) to talk to for a possible project for a client. They want to add a full second floor.
I would suggest Charles Bourque of The Charles Company. He is a great builder who does very nice work. cbbuild@gmail.com 781-760-7727, please let him know I suggested him.
0 votes Share Flag Tue Jun 10, 2014 Remodel & Renovate in 02482
Centsable In…, Real Estate Pro in Framingham, MA
Centsable Inspection answered:
Can someone recommand a good home inspector for wellesley area?
Since MA Home Inspector licensing in 2001, a consumer must have a signed exclusive buyer's agent agreement with a Real Estate Broker or Salesperson before the Real Estate Broker or Sale ... more
0 votes Share Flag Thu Apr 3, 2014 Home Buying in Wellesley
MScary, Home Buyer in Little Compton, RI
MScary answered:
Is it worth spending over $1.5 Million for new construction in the Boulder Brook neigborhood of Wellesley? Desire lots of young kids and great school.
Yes, it is worth it. A lot of the homes in that area of town are being torn down and replaced or expanded and renovated. If you plant to stay there and raise a family (10+) years, you w ... more
0 votes Share Flag Sat Feb 1, 2014 Home Buying in Wellesley
Martin E. Ka…, Real Estate Pro in Brookline, MA
Martin E. Kalisker answered:
If my listing agreement expires with a realtor in MA and I chose to list with another agent will I owe anything to my current broker?
Hi Joe -

I am not a lawyer, but I do serve as the Chairman of the Grievance Committee for the Greater Boston Association of REALTORS®. The short and simple answer to your questi ... more
0 votes Share Flag Mon Aug 26, 2013 Home Selling in 02482
Jessica Bate…, Real Estate Pro in Los Angeles, CA
Jessica Bateman answered:
Are there any lenders that will do a jumbo loan ($600k mortgage, $750k purchase price) for a first-time buyer couple with credit scores = 685 and 730?
Yes!!! Yes you can get a Jumbo loan with a 685. I tell all my clients looking for jumbos to visit The Lenders Network, I have had several of my clients get approved and close even with ... more
0 votes Share Flag Sat Jul 20, 2013 Financing in Wellesley
Pat Beaver,…, Real Estate Pro in Rochester, NH
Pat Beaver, Realtor answered:
Has anyone lost a deal because a seller had a contingency "Subject to seller finding suitable housing"?
Unless there is a specific time limit don't agree to this open ended clause in a P&S, your buyers might end up waiting for months to close if the seller can't find a new roost.
0 votes Share Flag Fri Apr 19, 2013 Agent2Agent in Wellesley
Ken Barber, Real Estate Pro in Wellesley, MA
Ken Barber answered:
Wellesley building variance possibilty?
Hi, I would call the zoning board of appeals and give them all your information and the secretary to the board would be very helpful in answering your questions, Ken barber
0 votes Share Flag Thu Mar 28, 2013 Home Buying in Wellesley
Kim Foemmel, Real Estate Pro in 01748
Kim Foemmel answered:
Are any agents working with major firms willing to sell a ~$1M property in Wellesley for less than the standard 5% fee?
I'm happy to help. Lets chat!

Kim Foemmel, Hallmark Sotheby's International Realty, KimFoemmel.com, 508.808.1149
0 votes Share Flag Mon Jan 14, 2013 Home Selling in Wellesley
J. Perron, Home Seller in Boston, MA
J. Perron answered:
How would you describe the market conditions for buying / selling?
Prices are definitely down compared to last spring because of the $8000 first time buyer credit last spring. The credit caused a feeding frenzy among 1st time buyers and pushed prices ... more
0 votes Share Flag Wed May 4, 2011 Market Conditions in 02482
Tom Matthews…, Real Estate Pro in Weston, MA
Tom Matthews & Joanne Taranto answered:
How are the sales prices comparing to the town's assessed values in Wellesley in the $600-800K range?
Rebecca:

For a long time assessed values were simply used as a way for towns to collect revenue for tax purposes and were never intended to represent fair market value. Up until rou ... more
0 votes Share Flag Fri Dec 11, 2009 Home Buying in Wellesley
Mary Condon, Real Estate Pro in Boston, MA
Mary Condon answered:
How is wellesley when it comes to accepting people from diverse backgrounds especially in school?
Great Question - and one most home buyers naturally have. It may be helpful for you to understand that Realtors are NOT permitted to discuss this question with buyers. I know that is ... more
0 votes Share Flag Thu Sep 3, 2009 Home Buying in Wellesley
Mary Condon, Real Estate Pro in Boston, MA
Mary Condon answered:
Hi-I'm a bit confused about the pricing of homes in Wellesley, MA. Please help.
Hi Mary -

Great question. I am a big researcher - having said that - my analysis of the relevancy of price per sq ft in determining the asking price of a home in WELLESLEY is.... ... more
0 votes Share Flag Thu Sep 3, 2009 Home Buying in Wellesley
Andrea J. Me…, Real Estate Pro in 02481
Andrea J. Mealey answered:
What are the more popular neighborhoods where one can buy a home in Wellesley, MA in the $700-800K range?
Dear Rebecca,

Neighborhoods near Perrin Park (Hardy School) and Pilgrim Road (Bates School) (both off Weston Rd. but in different directions) are popular and have homes in that price ... more
0 votes Share Flag Tue Sep 1, 2009 General Area in Wellesley
Wellesleybuy…, Home Buyer in New York, NY
Wellesleybuyer answered:
Wellesley prices not down?
Thanks everyone. We ended up buying a home in Wellesley, and I think we got a decent value.

Best wishes,
WB.
0 votes Share Flag Tue Jul 7, 2009 Home Buying in Wellesley
Elaine Banni…, Real Estate Pro in Wellesley, MA
Elaine Bannigan answered:
Good morning. A question for the Wellesley agents/brokers. Warren Group numbers suggest that there are
Hi - I write a weekly real estate column on Wellesley, a twice yearly summary called 'The Pinnacle Report', give seminars on this rather complex question, and I have an hour long lectu ... more
0 votes Share Flag Tue May 19, 2009 Home Buying in 02481
Elaine Banni…, Real Estate Pro in Wellesley, MA
Elaine Bannigan answered:
What is the value of the Historic District in Wellesley?
You seem to be specifically asking about Cottage Street? When you say 'thru streets' I presume you are referring to streets with heavier traffic patterns, as most streets are thru-stre ... more
0 votes Share Flag Sun May 3, 2009 Home Buying in Wellesley
Andrea J. Me…, Real Estate Pro in 02481
Andrea J. Mealey answered:
Which buyer brokers are most experienced in REO's in the greater Boston marketplace?
Dear Jill,

I am sorry to respond so late after your initial post. If you have not already decided upon an agent, I wanted to express my interest in working with you. I am an exper ... more
0 votes Share Flag Tue Apr 14, 2009 Home Buying in 02481
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