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02474 : Real Estate Advice

  • All18
  • Local Info0
  • Home Buying9
  • Home Selling3
  • Market Conditions1

Activity 16
Tue May 31, 2016
Noorali6939 answered:
visit it
0 votes 1 answer Share Flag
Mon Aug 24, 2015
Amandarfdsk asked:
Bought a home several weeks ago. The owners of this home put snail bait all over the yard and never disclosed this to me. It wasn't brought up in the inspection because you would never be…
0 votes 0 Answers Share Flag
Mon Aug 10, 2015
Aaron and Cheree Tiry answered:
Have you checked out the "rent" section at the top of Trulia? There may be something in there. Otherwise you could also check to see what they have for posted for rentals. ... more
0 votes 1 answer Share Flag
Thu Aug 7, 2014
Thomas Moser answered:
Sun Apr 27, 2014
Ruth and Perry Mistry answered:
Hi Tim

Great question. The sellers did not know about it and as a result they were not part of their disclosures. However, they should have been part of yours.

So you should inform them, what happened.

Good luck.
... more
0 votes 17 answers Share Flag
Wed Apr 9, 2014
Wingman answered:
There are plenty of good companies. Go with a company in business for several years. Research company reviews but don't choose them based on price. Go with reputation, history, plan flexibility and contractor availability in your area. If you understand their contract terms, you will be fine. ... more
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Wed Apr 9, 2014
Wingman answered:
Probably not at the same rate but close. In a down market, studios perform better than higher priced houses, but in up market, it is the reverse. If you can afford a bigger house, always go for it. It may sound like a stretch, but it is not. ... more
0 votes 3 answers Share Flag
Thu Oct 10, 2013
Robert Ortiz answered:
Above all things stay cozy with the Fair Housing Laws.

* Credit History
* Annual Income
* Length of Employment
* Landlord References (Always try to get the previous one as well as the current)

In Depth
* Non-Smokers
* Pets -- Consider being pet friendly. You can charge a monthly premium per pet and collect a security deposit. People will pay extra because Pet friendly apartments are under-supplied and in demand
* Lead Certified - Consider getting lead certified. Again, undersupplied and in demand, commands more rent.
... more
1 vote 7 answers Share Flag
Fri Aug 31, 2012
Peter Mohylsky answered:
Bed bug infestation is very easy to detect visually. They are tough but not impossible to completly remove. An empty house makes it easy to control. An Inspector can find them, If in doubt have it treated and then sleep soundly. ... more
1 vote 8 answers Share Flag
Fri Apr 8, 2011
Ed Groussman answered:
If you are certain you will be paying off the loan in 5 years then a 5/1 ARM is definitely the way to go as the interest rate will be considerably lower than any longer termed fixed rate that you can obtain. A 5/1 ARM is fixed for the first 5 years then adjusts annually thereafter( if you still have the loan). I would be more than happy to discuss your options. I can be emailed at

Ed Groussman
Community Banker
Home Savings of America
Member FDIC, Equal Housing Lender
... more
0 votes 3 answers Share Flag
Tue Nov 9, 2010
... answered:
Hi Kathy

Banks, FannieMae, FreddieMac, HUD and others all have REOs listed on their sites plus, as mentioned, brokers can help find them for you. I would strongly recommend that you engage an attorney familiar with REO sales as they can be tricky. Your lender may be able to recommend someone who can also close your loan, thus saving on their fee for acting on your behalf as well.

You may find that REOs may need work or are at market price. In such cases they may not be a bargain.

Good luck!

... more
0 votes 4 answers Share Flag
Thu Sep 10, 2009
Susan Costa answered:
Realtors are required by state law in MA & RI for providing you the seller/buyer/tenant renting property with the lead paint information packet. During a home inspection, paid by the buyer - a test for lead paint is performed. Inspectors responisiblity.

If the seller has had the property de-leaded during ownership - they are to give the buyer the certification documents. If the seller knows of lead paint but has not had it documented, then is the due diligence of the buyer to have the home tested.

If you need further information, please feel free to contact me.

AMS RealEstate 774-264-9117
... more
0 votes 2 answers Share Flag
Sun Jan 11, 2009
The Graveline Group answered: To date they've covered around $800 worth of work for our clients who bought an older home in Longmeadow MA. The seller refused to address anything, so we asked they purchase the warranty for my clients, which they did. HWA has been great and they send me an email when they provide services to my client. Glad we got it for them! ... more
0 votes 33 answers Share Flag
Wed Dec 31, 2008
Mark Madden | The Madden Team answered:
Hi Jess, thank you for your question:

The condominium market in Arlington has actually been doing pretty well. Currently there are 41 condos on the market in Arlington. These listings are averaging 103 days on market and a listing price of $369,773.

In the last 3 months (Oct-Dec) there have been 30 condominium sales in Arlington. They are selling at an average of $367,067, which is 95% of the original list price. The average sales price is up $11,804 since last year during the same period of time ($355,263).

If you are ready to move into a single family home, it may be a great opportunity for you to sell your condominium at a great price and possibly find a great "deal" on a single family home. I would love the opportunity to sit down with you to discuss these market statistics further and possibly the market statistics of single-family homes in communities of interest so that you can see the great advantages of selling now.

Thanks again for your question and Happy New Year!
... more
0 votes 1 answer Share Flag
Thu Jul 10, 2008
trulia answered:
Hi Amanda,

A good agent will be willing to start advising you early and should be happy for the opportunity to start acclimating you to the area. I am in Lexington, with over 7 years of real estate experience in the town, plus 15 + living here. I have kids in the excellent school system. I have worked with some relocating buyers for 2 years in some cases. Feel free to call or email me. I also have many sales and listings in Arlington and know it well. ... more
0 votes 11 answers Share Flag
Wed Jul 2, 2008
Marilyn Messenger answered:
Home prices are based on supply and demand. There are very few properties in Arlington for $219,000 and Arlington is a very high demand town, which is not to say the property may not be overpriced - the value of any property in any market is only worth what buyers are willing to pay.

An experienced buyer broker/agent who knows the local area will have the information you need to get the house you want for the best terms - an offer is more than price. If the house is listed with a real estate agent, they will pay a buyer agent, so there is no reason for you to go it alone. The seller has representation, why wouldn't you want a real estate professional working in your best interest? You have nothing to lose and everything to gain. If you would like help let me know - good luck, Marilyn
... more
0 votes 2 answers Share Flag
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