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Home Buying in Burlington : Real Estate Advice

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  • Local Info2
  • Home Buying8
  • Home Selling2
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Activity 12
Mon Apr 20, 2015
Debra (Debbie) Rose answered:
Seriously, you're asking strangers how your company handles a specific situation?

This isn't a standard policy all over the country - each real estate company sets their own procedures.

Ask your Broker!!!!!!

Read your independent contractor's agreement!
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Sat Jul 26, 2014
Linda Dube answered:
Burlington is a town which draws many, many people. They love the location. It's convenient to the highways and not far from Boston. Their school system is one of the top reasons that make the town so popular!

AND Burlington is booming with new restaurants, two shopping malls and a hot, hot housing market.
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Wed Jul 3, 2013
Territory.com answered:
128 beltway is a great location for investment properties. 128 runs through some of the best towns in MA. Some of these towns may have lower condo inventory and some are much more expensive then others. You may be able to get the most bang for your buck in Watertown, Waltham and Arlington.
Below is a list and each has a link to everything on the market for sale in the respective town. The listings are presented on a map so you can see where each is located in proximity to 128.

Belmont: http://territory.com/search?search_string=belmont&min_price=&max_price=&min_beds=&max_beds=&include_under_agreement=0&include_lender_owned=0&include_short_sale=0&property_type[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC

Needham: http://territory.com/search?search_string=needham&min_price=&max_price=&min_beds=&max_beds=&include_under_agreement=0&include_lender_owned=0&include_short_sale=0&property_type[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC

Newton: http://territory.com/search?search_string=newton&min_price=&max_price=&min_beds=&max_beds=&include_under_agreement=0&include_lender_owned=0&include_short_sale=0&property_type[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC

Arlington: http://territory.com/search?search_string=arlington&min_price=&max_price=&min_beds=&max_beds=&include_under_agreement=0&include_lender_owned=0&include_short_sale=0&property_type[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC

Weston: http://territory.com/search?search_string=weston&min_price=&max_price=&min_beds=&max_beds=&include_under_agreement=0&include_lender_owned=0&include_short_sale=0&property_type[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC

Lexington: http://territory.com/search?search_string=lexington&min_price=&max_price=&min_beds=&max_beds=&include_under_agreement=0&include_lender_owned=0&include_short_sale=0&property_type[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC

Watertown: http://territory.com/search?search_string=watertown&min_price=&max_price=&min_beds=&max_beds=&include_under_agreement=0&include_lender_owned=0&include_short_sale=0&property_type[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC

Waltham: http://territory.com/search?search_string=waltham&min_price=&max_price=&min_beds=&max_beds=&include_under_agreement=0&include_lender_owned=0&include_short_sale=0&property_type[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC


Hope that helps get you started!

Territory.com
Massachusetts Premier Buyer Brokerage
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Fri Aug 17, 2012
Heather LoRe - Available Now! answered:
Hi Again,

If you do get a positive answer and a pre-approval letter from a lender using your wife's credit, you will want to work with Realtor who will help you find the home you are looking for successfully. I do know the Burlington area very well and would be happy to help you. It is important for you to know that my work for you is free! Once you find the home that suits your hopes and needs best, the seller pays my fee for bringing you there as a buyer.

Feel free to contact me once you have received pre-approval at:

Heather LoRe, Licensed Realtor in MA
Century 21
Cell 978-604-6521 (talk or text)
Email heatherlore21@gmail.com
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0 votes 6 answers Share Flag
Sat Jun 4, 2011
Tom and Joanne Team answered:
Home buyer:

Double check with your attorney, but I am fairly certain you can convey a home with a failed title V. The Title V came into effect to protect the banks in 1978. Now you may need to do the septic inorder to refi the property. It is really important that you do your due dilligence before you close. Cash is a wonderful tool in this market, but you need to be really smart how you spend it. All the best. ... more
0 votes 9 answers Share Flag
Tue May 25, 2010
Michael Cincotta answered:
Hello -

It's true that a bit more information is required to nail the numbers down. You have good timing - rates are as low as they have ever been. To make your income go even further, we offer 10% down with no pmi. We also try to do no points/no cllosing cost financing whenever possible. Contact me anytime.

Mike Cincotta
Salem Five Bank
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Wed Mar 25, 2009
Scott A. Nelson answered:
You should probably consult with an attorney to get these answers. These can each have specific legal requirements and can have different results if not done properly.
0 votes 1 answer Share Flag
Tue Mar 3, 2009
Baldurr answered:
The question you should be asking is if $400K is way too high.
In most markets RE prices are in a state of collapse. If $459K
was the bubble price, the an offer in the $300K range should
be more than fair. Since this seller is obviously both a fool
and delusional, you should check into his situation. What are
the terms of his outstanding mortgage? How soon till his
mortgage resets and he can't keep up the payments? His
mortgage is a matter of public record, and these things are
easy to find out. Another approach would be to start out the
conversation by asking if he is willing to begin negotiating
a short sale. That just might shock him back into reality.
Remember, stock prices are back down to 1997 levels.
You should not be buying any real estate above the
1997 price.
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0 votes 5 answers Share Flag
Thu Feb 12, 2009
Kevin Vitali answered:
I have a third party MLS Service. It accesses the Massachusetts MLS every 20 minutes. If you are a registered buyer/seller and you request receiving that info my system will do that. Many Realtors should have a similiar system. ... more
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Tue Aug 26, 2008
Jim Brigida answered:
You should be able to get a loan based on that critera. We have programs with 3% and 5 % down. There has been a tightening of guidelines for condominiums. If you are looking to go that route not only do you need to qualify the project will need to qualify. Home prices have dropped modestly in most communities and sharper in some other's but 200k could purchase a failry nice condo, but would not go a long way toward a single family home. If you would like I could do a pre-qualification over the phone or via e-mail
Jim Birgida GMAC Mortgage-jim.brigida@gmacm.com
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