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Home Buying in 02134 : Real Estate Advice

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  • Home Buying5
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Activity 4
Sat Jan 5, 2013
sparkfin answered:
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0 votes 9 answers Share Flag
Wed Feb 17, 2010
Jeff Chin answered:
John, looking at multifamily homes are a better option for those that are handy and have a willingness to manage their property with tenants. Even better news for you is that FHA will allow you to purchase a multifamily if it fits into their underwriting criteria. You would be able to purchase a multifamily in a higher price range because they factor in the amount of rent the property gets. These properties only require 3.5% for a down payment, it makes strong financial sense for a first time home buyer. I publish an updated list of these properties in Massachusetts. I can email the list to you. ... more
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Thu Jul 16, 2009
Joe Arnao answered:
ErikHook has the right idea. I am licensed in three state as a broker. When someone comes to me that is looking in multiple states, I work as the primary contact and coordinate with an agent in the other state. It keeps the process focused and all working together. ... more
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Mon May 4, 2009
debm answered:
Wisest is truly what your heart tells you. The business end of real estate can't be your only concern. You need to come home to it every day, don't make it a purchase that you are just waiting to sell to get something else.
Travel time is a real concern, so you should factor that in. One or two days in the next couple of weeks, try driving to where you might want to live when you get out of work. How is the drive time?
I say a garden today is more important than a hypothesis on future value. With (Realtors) or without (buyer) experience, it still is a long term guess on future property values. Go get a veggie garden in a place you can get to and from each day.
Best wishes,
Deb McCourt
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