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Home Buying in Mansfield : Real Estate Advice

  • All28
  • Local Info4
  • Home Buying5
  • Home Selling1
  • Market Conditions0

Activity 9
Mon Nov 13, 2017
Kathy Burgreen answered:
The USDA loan has income, credit and location restrictions. You would need to start the process early (around March / April 2018) because the USDA loan takes longer than other types of loans and you need to be patient. The other issue is realtors and sellers will take offers from buyers who are using regular loans instead of USDA because everyone knows how slow the USDA loan is. This means be prepared to have your offers rejected.

As a former realtor, since you have months to prepare, your best method is forget the USDA loan altogether and go with the FHA loan. FHA loans require 3.5% of the purchase price for the down payment and there is another type of loan that only requires 3%. Ask your lender about these. In the meantime, save every dollar you can so you have cash to pay closing costs + the down payment. The FHA loan is much faster than the USDA loan. You are also allowed to receive a cash gift from family towards the down payment provided that person documents it with an official gift statement.
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Sat Dec 28, 2013
Kevin Vitali answered:
LV I do not have such a program. There is information on the internet on how to go about it. It is typically something an investor does themselves. Of course this saves you the 3% or so the agent would get. ... more
2 votes 10 answers Share Flag
Fri Dec 20, 2013
Kevin Vitali answered:
The question to ask yourself is where did the problem lie. There are typically four reasons why a house didn't sell.

Communication, Price, Condition and Marketing.

The first three can be the fault of the agent or yourself or a combination of both. If you want to get your house sold you need to objectively sit back and see where the problem lies. Just about every home is saleable in 45-90 days. Period.

Below is a link to a series of articles about re-listing your home.

Ill leave you with one thought...

Doing the same thing will obtain the same results!

If you want to sell your house something needs to change.
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Mon Dec 16, 2013
Denis DaSilva answered:
Fri Sep 27, 2013
Judy Hatteberg answered:
I cover both of those towns and they each have their pluses. If you commute to Boston by train, Mansfield has the easier commute. Home prices in Medfield are higher. If you have children in the school systems, I would visit the schools in both towns to compare. If you live in Mansfield, my office is in Mansfield and I would be happy to make an appointment and discuss the pros and cons of both towns. ... more
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Sat Mar 16, 2013
Hi. Yes, you can receive a pre approval. We can help borrowers with scores as low as 600. We also offer a credit repair service which can enable you to improve your scores to obtain the most competitive interest rate. You work hard. You deserve the best. Feel free to contact me. Thank you ... more
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Wed Sep 5, 2012
Sue K. answered:
I moved to Mansfield and have been regretting it ever since.

Mansfield selectmen are always bemoaning the fact that the town has too many children in it. They do not want to attract that demographic to Mansfield.

Its only caveat is that it is easy to get from anywhere from Mansfield. So, nothing but a commuter town. Always traveling to other towns for food, entertainment and family-friendly activities.

The rail line through Mansfield may not be as rough as a Stoughton line.
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Tue Feb 28, 2012
Dave Dubak answered:
If your not comfortable with your Realtor you should change. If they are representing you and they are your buyer agent they work for you and should advise you. You have the right to do a home inspection even on new construction. Anybody can make a mistake, I have seen new homes that the homes inspector found a few electrical issue that shouldn't have happened. But they did and the home inspector caught them. New doesn't mean perfect, If it doesn't seem right it probably isn't. Make sure your Realtor keep you informed of your rights, other wise you have the wrong Realtor. Good Luck! ... more
0 votes 14 answers Share Flag
Tue Feb 28, 2012
Kevin Vitali answered:
Wow, have no idea..... That's one for an attorney. I am wondering if it may not even be a valid deed.
0 votes 7 answers Share Flag
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