Home Buying in Salem : Questions & Answers

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Ellen Friedm…, Real Estate Pro in 02139
Ellen Friedman answered:
When a realtor shows you the listing of a house and it states it has 2 fireplaces Do they have to be in working condition?
Not really, although there should be a disclosure stating either that they are not working or that their condition is unknown. Certainly the statement that there are two fireplaces wit ... more
0 votes Share Flag Thu Feb 9, 2012 Home Buying in Salem
Christine M.…, Real Estate Pro in Wilbraham, MA
Christine M. Moran answered:
What does a free zone refer to in a school district map?
You have would to call the schhol district. I have heard of drug free and gun free.
0 votes Share Flag Mon Jan 23, 2012 Home Buying in 01970
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
does cement siding / asbestos siding affect the value of a property?
Asbestos will cause a problem at some point when the house needs to be torn down. Until then it should not be a problem really. It will hurt the value, to some degree, because buyers do ... more
0 votes Share Flag Wed Apr 8, 2015 Home Buying in 01970
Sarah Goulart…, Real Estate Pro in Bourne, MA
Sarah Goulart Nathe answered:
Any cities/towns in commuter proximity to Canton that are similar to Salem, MA?
Hi Kathy,
What do you mean by 'similar'? I may be able to suggest some towns that would work, I just want to know what exactly you are looking for. Is it the history you li ... more
0 votes Share Flag Thu Oct 13, 2011 Home Buying in Salem
Richard Shap…, Real Estate Pro in Framingham, MA
Richard Shapiro answered:
Being English could you explain the meanings to the following words - Condo, Twnhm, Apt, Single family home, Multi family home Thank you
Condo and townhome might be used interchangeably. Both refer to a condominium style of ownership where you own your unit but are also part of an association that owns the common areas. ... more
0 votes Share Flag Sat Feb 18, 2012 Home Buying in Salem
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
if i buy a home with asbestos siding is it dangerous? a lot of homes ive looked at have asbestos siding in our price range.
Asbestos is dangerous when it is disturbed and the small particles are breathed into the lungs. Left alone, as I understand it, there is no worry. Asbestos was very common prior to 19 ... more
0 votes Share Flag Mon May 11, 2015 Home Buying in 01970
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Our offer has been approved on a home but we just found out my husband has an item in collections we were unaware of. We immediately paid in full...
If the negative was satisfied, do give your proof of payment to your loan officer--he/she can best help you resolve the matter....
0 votes Share Flag Thu Mar 24, 2011 Home Buying in 01970
Lori Lincoln, Real Estate Pro in Taunton, MA
Lori Lincoln answered:
REFI physician loans available??
I am not a mortgage broker or bank, but believe that with enough equity, they are still available. I will check and ask around tomorrow and get back with tomorrow evening.
0 votes Share Flag Sun Oct 3, 2010 Home Buying in Salem
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
What's the downside of using Redfin for Buy Side Representation?
I think the important thing for a homebuyer, especially a first-timer, is to get the best agent they can, regardless of whether they get a rebate.

Home shopping is different than loo ... more
0 votes Share Flag Wed Aug 14, 2013 Home Buying in 01970
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
If the sellers agent and the sellers, agree to reduce 2,000 off off agreed price,due to plumbing and other issues, and the buyers agent and buyers
kenny in the past if it wasnt in writing, it wasnt enforceable, Now with the new electronic signature laws, emails are considered valid if all parties agreed and there was "a meeti ... more
0 votes Share Flag Thu May 27, 2010 Home Buying in Salem
Paul Stonkus, Real Estate Pro in Lynn, MA
Paul Stonkus answered:
What is the asking price for 1 Preston Road, Salem, Massachusetts ?
Have you seen a for sale sign on this property? It is not currently listed for sale through MLS. If you can give me some more info as to why you believe it is for sale I may be able to ... more
0 votes Share Flag Wed Feb 3, 2010 Home Buying in Salem
CCC, Home Owner in San Diego, CA
CCC answered:
I am interested in a property that has a commercial space on the 1st floor.
In some cases, like this one that you already search for a Mortgage it could be a very good idea to call the listing agent / broker of such properties. They must know 2 or 3 places to g ... more
0 votes Share Flag Wed Sep 2, 2009 Home Buying in 01970
Andrew Adams, Real Estate Pro in 01915
Andrew Adams answered:
I put an offer on a house and was asked to offer more without a counter offer.. along with another buyer..
It is not unusual to see realtors or sellers come back and ask for the highest and best offer. Offrer what you are willing to pay. Even if it is what you already offered. You may hav ... more
0 votes Share Flag Fri Aug 28, 2009 Home Buying in 01970
Jason Discip…, Real Estate Pro in Topsfield, MA
Jason Discipio - Buyers Agent & Flat Rate Listing Specialist answered:
As a recent college graduate,I have been building credit by obtaining a car loan and two credit cards with
There are programs that you maybe able to fit into depending on your DTI (debt to income and how much money you have in the bank. If you would like more information and to maybe get pr ... more
0 votes Share Flag Thu Apr 23, 2009 Home Buying in 01970
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
We are looking at a house that's listed at 400,000, yet assessed at 360,000--isn't this trouble?
No trouble at all. Tax assessments bear little or no relationship to the value of the property. Tax assessments are often vastly "off" from the real value of the property, even when the ... more
0 votes Share Flag Wed Mar 9, 2011 Home Buying in Salem
Deborah Madey, Real Estate Pro in Red Bank, NJ
Deborah Madey answered:
I am a new buyer. I would like to buy my first home and I can probably afford 200K. How should I go out this?
Do some preliminary research on the internet looking at housing, and make note of your likes, dislikes, wants and needs. It will be important to discuss your financing options with a ... more
0 votes Share Flag Wed Aug 29, 2007 Home Buying in 01970
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