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Home Buying in Arlington : Real Estate Advice

  • All65
  • Local Info8
  • Home Buying10
  • Home Selling5
  • Market Conditions1

Activity 19
Tue May 31, 2016
Noorali6939 answered:
visit it
http://goo.gl/pDVHup
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
Thu Apr 10, 2014
Louis Wolfson answered:
Is it a new basement or just a finished basement? Either way permits should of been pulled. As well as for the kitchen and bath.

How long ago was the work done? Maybe grandfathered in? But once you do work (to the areas in question) you have to bring things up to code.

If all you plan on doing is the furnace, sump and elect upgrades, it may not be necessary.

All that said, confirm what I say with your attorney.

But more importantly for your own protection, you do want to know that the work that was done without the permits was done correctly, your home inspector or a licensed builder (which I am) should be able to tell you based on what they can see if it would meet todays codes. Neither have x-ray eyes to see that the framing, electric and plumbing behind the walls was done correctly.

To bring things up to code can vary greatly based on the extent of the issues I've raised above. It could also cost nothing. PS I also see this work was done in the 80's so even if you were to replace a kitchen or the bath today, they would have to be brought up to today's codes. ie: GFI no in the 80's yes today. Bath ventilation 80's (window ok) today you need a fan.
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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
Wed Jan 22, 2014
John Stewart answered:
Yes the only person who can accept an offer is the seller. If you find that your offers are better and being ignored try to get in front of the seller to present the offer yourself. When I represent the buyer I make every effort to personally present the offer to the seller, this is not always possible and the listing agent may be your only person willing to listen. In any case always have your Buyer's Agent (or if you are choosing to go it alone) present the offer in person it helps sellers when they can put a face to the offer. ... more
0 votes 6 answers Share Flag
Wed Jul 31, 2013
Territory.com answered:
Any time you have real estate on a busy street, yes, it is much harder to sell / higher risk. In competitive markets like this one (priced right) a property on a busy street might be easier to sell because the inventory is so low.

Good luck!

Here is everything on the market in Arlington:
http://territory.com/search?search_string=ARLINGTON&min_price=%240&max_price=%240&property_type[]=SF&property_type[]=CC&min_beds=&max_beds=&min_baths=&max_baths=&min_living_area=&max_living_area=&min_year_built=&max_year_built=&min_days_listed=&max_days_listed=

Territory Real Estate
Massachusetts Premier Broker for Buyer's
617 848 5407 x704
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0 votes 3 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
Tue May 22, 2012
Vicky Chrisner answered:
I have recently been through this with other clients. Unless you are a vet, there aren't any "good" options other than waiting until you hit the 3 year mark - that's when you can get the FHA loan with the 3.5% down. Sorry. ... more
0 votes 2 answers Share Flag
Mon Jan 17, 2011
Elizabeth Herbert answered:
Hello, Kondwani!
It is good that you have an L-1 visa. However, how many years of a credit history in America do you have? A Lender may have to put together an alternative credit history for you. 5 months is a great start, but for international lending transactions, at least 2 years is preferred. Also, you will need 30%-50% down payment.
Also, you are going to need your down payment money in american currency, so if you need to transfer money for the down payment here from your native land, you're going to want to do that ASAP. An international real estate attorney with experience is going to be of tremendous benefit to you. I am on the Massachusetts Association of Realtors Global Task Force, and I'm a member of the International Committee of my local Realtor board so I know of some real estate attorneys who could help you.

If I may be of any further assistance to you, I am a member of FIABCI/International Real Estate Federation and I'm a licensed Realtor in MA. I can be reached at elizabeth@elizabethherbert.com
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Fri Apr 2, 2010
William Patterson answered:
Speak with a mortgage lender. They will (should) have access to Mass Housing loans geared to helping first timers, like yourself, with a nice loan.
0 votes 6 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
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0 votes 2 answers Share Flag
Tue Jun 16, 2009
Adam Bailey answered:
Her credit shouldn't effect you unless she declares bankruptcy but you should always consult an attorney. If you hold the property in a Trust now one should be able to touch the property except your orginal lender if you stop paying the mortgage. ... more
0 votes 6 answers Share Flag
Sun Feb 22, 2009
Mark Madden | The Madden Team answered:
Hi Liz:

Year-to-Date (2009), out of 16 single family home sales in Arlington, the average original list price to sale price is $589,225 - $534,844. A 93% ratio between original list price to sale price. The average listing price when a home sells compared to its average sale price is $559,919 - $524,844. As you can see, most home go through a price reduction prior to selling and the average.

Last year, at this time, there were also 16 homes sales. The average original listing price was $539,481 compared to an average sale price of $520,388, which is a ratio of 97%. The average listing price when those homes were sold was $523,794.

Single family homes sales have slightly appreciated at this point in time, compared to last year, by $14,456. I hope that this helps to answer your questions and I'd be happy to go over the number further with you if you are interested.
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Sun Oct 26, 2008
Territory.com answered:
Here is every house, condo and multi family that is currently for sale in Arlington ... Since you didn't post an exact address perhaps you can just scroll through these and see if it is listed. If you don't see it that likely means it is under agreement or sold:
http://www.territoryre.com/idx/search.html?search=true&submit=true&search_string=arlington&submit=Search


Hope that helps!
... more
0 votes 2 answers 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
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Thu Jun 12, 2008
Christopher Lawton answered:
Some cities and Towns have this online, so check the site before driving anywhere!
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Sat Jan 5, 2008
Tom and Joanne Team answered:
Sukra:

The last agent is correct and it truly depends. I would recommend determing the price per square foot, the appraised value analysis, and also check zillow and home gain. Once you determine the proper price point then you can determine what to offer. Best ... more
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