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Belmont : Real Estate Advice

  • All29
  • Local Info3
  • Home Buying5
  • Home Selling3
  • Market Conditions0

Activity 26
Thu Nov 17, 2016
Arlen Showstack asked:
Also, is the fee paid by the person who is looking for a room? Split between the person who is looking for a room and the person who is renting the room? Or the person who is renting the…
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Thu May 12, 2016
Alex asked:
I'm looking for a 2 BR rental in the Watertown/Belmont/West Cambridge area, with a target move-in date for August 1 or 15. When is the best time to start contacting agents about looking?…
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Thu Apr 21, 2016
Ma2fam asked:
I am buying a place and need to figure out how to much of my rental income adds to my existing earned income.

I have entire list of earnings for several years. Each year after all e…
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Fri Apr 1, 2016
Hovanski789 answered:
It probably cost you around 25K to 50K
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Sun Jan 25, 2015
USMortgageRanger answered:
Hi Ma2fam,

Yes you can qualify for a home with being unemployed for a relatively short period. As for your rental property the Lender will used 75% of the gross and also look at your tax returns. Are you receiving rent for two year or more on the rental property. I would be honored to be selected as your Lender of choice to help guide you in this process.

I recognize that you are very busy, so I am only asking you to spend 6 minutes with me to discuss your needs so we can determine if we can be of service to you. After answering just a few simple non-credit related questions (I do not need to pull your credit report in advance) I will be able to email you some options that will allow you to immediately determine if we are the right choice for you and your family.
I look forward to working with you to make your dreams a REALITY.

Lowell Sterling
Mortgage Banker
NMLS# 968898
The Federal Savings Bank
Mobile: 469-347-3572
Direct: 512-717-0403
... more
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Fri Jul 25, 2014
Jaloos asked:
2nd/3rd floor of 2 family, ~ 1900 square feet, 2 parking spaces tandem
rear heated porch on second floor, master with walk in closet, in unit washer/dryer on 3rd floor.
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Sun Jul 13, 2014
Jordan Staiger answered:
Having a yard does not directly correlate to a higher price per square foot because it is not included in the total square footage of the property. Having a private yard can increase the property value as compared to other similar properties without a yard.

Jordan Staiger
Belmont MA
... more
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Tue Jun 17, 2014
The Stephen FitzMaurice Team answered:
In the Portland area I would say less than 50% of clients use their garages for their cars!
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Tue Jun 3, 2014
Mark Carey answered:
MIOOK23 - I have two rental listings in Belmont that are 1+bedroom apartments. One is available now (June) and the other is available for a July 1 lease start. Please contact me if you are still searching for a rental property in Belmont. ... more
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Tue May 13, 2014
Bill Niland answered:
At Washington Trust we offer asset depletion loans which will allow you to treat your assets as income. You can contact me at Bill Niland
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Thu Jan 30, 2014
Arlene Ktona answered:
Belmont is very desirable place to live. Relatively small town close to Boston, with a highly regarded school system. Belmont has very good resale value.
1 vote 10 answers Share Flag
Wed Jan 29, 2014
Kevin Sheehan answered:
Try There are usually terrific short term rentals in Belmont there!
0 votes 7 answers Share Flag
Wed Jan 29, 2014
Kevin Sheehan answered:
Any of the other owners who are trustees can sign the 6D. Your real estate attorney should have a blank form. Make sure you provide the closing attorney an original with an original signature. Good luck! (And stay close to your attorney on this process for more guidance.) ... more
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Tue Aug 20, 2013
GREG BLEYL answered:
We offer portfolio jumbo loans for multi family property.

Greg Bleyl
NMLS 117969
1 vote 7 answers Share Flag
Tue Jul 9, 2013 answered:
If the mortgage contingency expired prior to your loan application getting rejected from the bank or prior to you or your attorney formally exercising the mortgage contingency your deposit may not be protected. I would contact and consult your real estate attorney asap.

Territory Real Estate
Massachusetts Premier Destination for Home Buyer's
617 848 5407 ext 704
... more
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Sat Mar 30, 2013
Bill Scott answered:
I am looking to buy 2 family in Belmont for myself. Pls call me at (617)595-1917 or email me at Thanks, Sue
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Sun Dec 25, 2011
Mikel DeFrancesco answered:
MA -

Go see your local building and zoning dept.... you will find them very helpful. With the proper approvals ( or variance if needed ) in hand and making the building safe and conforming for it's new use... Yes you can.

Good Luck!

Success! Real Estate – Mikel DeFrancesco
Real Estate in Massachusetts
direct: 617-755-8272
... more
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Mon Apr 18, 2011
United Inspection answered:
Termites are common in areas with excessive moisture and close ground contact. Of course there are several other conducive conditions that may be attractive to the wood destroying insects. Since the other systems of the house are dependent upon the structure, consider this a significant issue. The structure is typically designed to handle various failures without collapse. Structural repairs should be performed under permit. If the house is recent, meaning a plan is on file, then a Home Improvement Contractor can typically perform a direct replacement of the material without the assistance of a structural engineer. An older house without a plan on file may require a professional engineer to evaluate the structure to ensure an adequate repair.

Most of the agents I have met have extensive experience and may be able to help you understand and evaluate the house in a calm and rationale manner. As you know it only takes 1 bad experience story before you get concerned about an entire profession.

I suggest you ask the questions that are important to you. It sounds like you are relocating from a dry climate to a seasonally moist climate. Excessive moisture in the house may include biological pollutants that may adversely effect your comfort or health. Asthma, sensitive skin, and other conditions may be aggravated with various organic growth.

Frequency of repair may also be important. When conducive conditions to wood destroying insects are not eliminated, then expect the insects to return. There are always trade-offs to consider with each configuration of the house. Some common aethetically appealing renovations, may create a conducive condition for wood destroying insects. This may be an acceptable trade-off for some and unacceptable for others.

Please contact us if you have additional questions or are interested in a Belmont MA Home Inspection.
... more
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Wed Mar 23, 2011 answered:
All these answers are very interesting. As an exclusive buyer broker these unique scenarios arise all the time and this info was insightful.
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