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01566 : Real Estate Advice

  • All4
  • Local Info0
  • Home Buying1
  • Home Selling1
  • Market Conditions0

Activity 4
Thu May 25, 2017
Rocass asked:
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Thu Oct 13, 2016
Paul answered:
I have been using to help me navigate all financial questions regarding purchase of a new home. It is great help to analyze ALL costs of home purchase and their effect on whether house makes for a smart investment- very educational + easy to use- learn about closing costs, initial renovation costs, Title Insurance + HO Insur, Real Estate Taxes, Mortgage Financing (how much loan$ do I qualify for? and can I afford monthly payments on my income/assets?), Utility bills, Broker commissions, etc. also helps Renters figure out if better to Buy v Rent, and explains financial reasons why with a great graph. This is an invaluable tool especially for first-time homebuyers. Get smart with biggest investment of your life... ... more
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Sat May 5, 2012
Barbara Van Slett answered:
Hi Bill,

The average single family rental in Sturbridge and Charlton area is $1600. They range from $1200 - $2200. Rents have been rising. They do not stay on the market for long.
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Thu Apr 21, 2011
Jennifer Mu's Team answered:
Yes!! A short sale can be an excellent opportunity for a first time home buyer. In a short sale you can often get a great deal on a property that you might not otherwise be able to afford if it was a standard sale. This is because short sales often sell a bit below market value. There are multiple reasons for this not the least of which is that the number of people willing to make a short sale purchase is a subset of the market as a whole. If you are willing to be patient and deal with some of issues with a short sale you can take advantage of this. Bear in mind though, as a purchaser you DO need to be willing to be patient and flexible. A short sale can take longer than a standard sale, and more complications can arise. It is for this reason that you need a realtor experienced with short sales who can help speed the process along AND protect your interests. I have a short sale specialty and have seen people get a lot of great deals with short sales but never do it without a qualified agent in your corner. ... more
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