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02115 : Real Estate Advice

  • All14
  • Local Info0
  • Home Buying5
  • Home Selling1
  • Market Conditions1

Activity 11
Mon Jul 3, 2017
Kathy Burgreen answered:
You're looking at a jumbo loan. Why don't you do the 80-10-10 loan? 10% = $130K and I'm sure you can save $30K in a short period of time. The other issue is there are caps set for jumbo loans using the 80-10-10, so not sure what the caps are. You need to contact some local lenders and see what options you have. As a retired realtor still in contact with lenders, I know that government programs have income limits, so you will not qualify for any of them.

Living in a NYC suburb, I know $1.3M is typical for a NYC condo but Boston? Didn't think Boston was as expensive as Manhattan. I remember having to tell buyers to sacrifice or limit their wish list. I also told buyers that they could get a larger size condo for less money in the nearby suburbs. I don't know if Boston suburbs have that but if you have difficulty getting financing, you may need to use this option.
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Fri Apr 28, 2017
Cohendouglasj asked:
I have another account under a different e-mail.
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Thu Jul 14, 2016
Kathy Burgreen answered:
You can notify your HOA to fix it. As for getting any refunds from the seller - no. Whether they knew it or not, it was your responsibility to find out about the noise. This is not something the seller's have to disclose because it's outside the condo. ... more
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Fri Sep 25, 2015
Neil Radford answered:
You have to be a Realtor to enter a listing. You have to pay and be a Realtor to have it featured.
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Thu Feb 26, 2015
Louis Wolfson answered:
All real estate has risks. Condo's have fee's and condo boards, less maintenance, but more restrictive.

3 family depends on where? Lead? Repairs? Parking? More flexible investment options ie: condo down the road, possibly more equity build up, vacancies spread out.

Good Luck
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Wed Dec 17, 2014
Dan Tabit answered:
Rental scams are common here and on any site that allows the general public to post. Please be very cautious with deals that seem too good to be true. NEVER send money expecting keys back by mail. Read the scam warning Trulia posts. I've attached a link to it below.
When you find a questionable listing please hit the FLAG button on the listing page to warn Trulia and others.
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Sun Jul 7, 2013
Jason Kaczmarczyk answered:
It is my understanding that Case-Shiller Home Price Indices is the most widely accepted report published pertaining to housing data, which was also recently acquired by CoreLogic. CoreLogic is one of the leading residential property information, analytics and services providers. They offer reports pertaining, but not limited to specific zip codes and cites. In short these reports are conducted quarterly and can not be offered in real time, but should be adequate when referencing housing data to clients.
Also, a great source of housing data that is more regionally specific is the Warren Group of Boston. A great report that they publish yearly is the The Greater Boston Housing Report Card.
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Wed May 22, 2013
There is a lot of good advice that was offered to you, but if you haven't already you should get preapproved before you go out and look at properties with an agent. That way you know what you can afford and the agent knows the price range to find homes in for you.

Here's the 3-step preapproval process if you have not done this already:

Good luck! - Jarred
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Wed Apr 24, 2013
Chris Parnell answered:
Sun Sep 18, 2011
CH Naamad answered:
Hi Chris,
A friend of mine is about to finish a gorgeous development in JP for 2 3 bedroom units: both units over 2000 sqft. and come with parking.
The price is good and it is all brand new gut renovations.
Please let me know if this is of any interest to you, as the price per square foot makes a lot more sense, compared to the Back Back.
Kind regards,
C.H. Naamad
Boston Luxury Residential
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Fri Apr 15, 2011
Tean Wong answered:
Number of foreclosure filed drop 27% compare to last year, I assumes that the number will continue to drop. In Mass., the over all economy is still better than the rest of the country, especially in the town I work; Newton, Brookline, Wellesley. ... more
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