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02215 : Real Estate Advice

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  • Home Buying1
  • Home Selling1
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Activity 4
Wed Aug 12, 2015
mark21mww asked:
The 31 Queensberry St unit 15 Boston, MA 02215 unit has fallen a lot in price recently (went from $285K to $243K in a matter of a couple months). This is unusual because the area I am living…
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Sun Nov 2, 2014
Tim Moore answered:
Could be a scam. If they ask you to send money for keys or say they are missionaries in Africa = SCAM. Never send money or wire it to get keys or a lease. NEVER.
1 vote 1 answer Share Flag
Sun Jun 3, 2012
Heath Coker answered:
This is a reason to use an attorney.
Most legal advisors, which i am not, have experience and know how to get the best info more quickly than you have experienced.
Less than 15% is a pretty strict criteria.
You might call afew banks and see if that is specific to your lender or a standard across the industry.
A local bank may have different criteria if they are not selling the loan on the secondary market.

However, >15% delinquent owners in a condo may be a tell or a larger problem in that complex.
Are the fees too high?
Is there internal fighting / disputes?
Be careful.




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Sat Apr 16, 2011
United Inspection answered:
You have to decide what type of condo management you want. A frugal management style typically has the benefit of lower monthly fees at the trade-off cost of using excessively worn materials. An immediate response management style has the benefit of resolving minor issues quickly at the trade-off cost of higher monthly fees and replacing materials before they are worn-out.
The condo unit maintenance will be your direct responsibility. A swelled door or worn hinge is a simple repair. A door not closing properly due to structural settlement is not a simple repair. As you probably already know, a Massachusetts home inspector license prohibits the home inspector from providing repair cost estimates. You may be able to discuss whether or not the inspector believes there is any concealed structural damage.
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