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Peabody : Real Estate Advice

  • All56
  • Local Info3
  • Home Buying14
  • Home Selling2
  • Market Conditions2

Activity 43
Mon Feb 20, 2017
Joshluis79 asked:
So we put a offer in on a foreclosed home [asking price]. A few days later the mortgage company pulled all their listing in the state off market. Why? Our agent said he has no idea why.…
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Sat Feb 11, 2017
Jill Jorgenson asked:
Thu Feb 9, 2017
Bob Relihan answered:
The process to find determine how much of a mortgage you qualify for is quite simple. It is mostly based on your debt to income ratio. A five minute phone call and I can give you an estimate. To get an actual pre-qualification letter I would run your credit report and review your most recent pay stub.
I recommend getting a jump on the spring market and start the process now. I am local in the Wakefield/Lynnfield/Reading area.
Contact me a or 617-686-9307 for more information.
Bob Relihan NMLS # 14721
... more
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Mon Jan 18, 2016
Doug McNeilly answered:
I would recommend contacting the local Police Department or also walking the street and talking with current residents.
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Tue Jul 21, 2015
MrsB answered:
I actually live on the street-- it is a hill, essentially. Depending on which part of the street you live on, you may or may not be susceptible to getting water in your basement. We have several times since we moved in in 2011, however, we also live on the downside of the hill. A sump pump does work/help-- the beefier, the better. The closer to Lowell St., I think the worse off you are. Hope this helps! ... more
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Fri Nov 14, 2014
Aja Rea answered:
Of course consult an attorney! I had a client in a divorce situation, selling their home and the husband refused show up at the closing. The buyers sued both of them for breech of contract. a week or so later the deal went through, the sellers had to pay some damages. Scare him, if he signed the P&S he is obligated and ripe for a suit. Unfortunately you might be included. ... more
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Mon Mar 17, 2014
Linda Sciaraffa answered:
Hi I have a great unit for you give my office a call to set up a showing it is in Peabody
Thank you
Linda Sciaraffa

Linda's Rentals And Sales
Office# 978-304-1549
Web ... more
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Thu Dec 12, 2013
Heath Coker answered:
Did you find a condo?

Of course choosing a local real estate pro can help you save a lot of time.
(Not me, I'm on the Cape, but I can help you choose a local pro when you are ready.)

(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.)
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Wed Nov 20, 2013 answered:
I am looking to buy a single home in West Peabody,. I have been approved already.How much are you selling this for? My cell # 978766 8072. -Juliet
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Sun Nov 17, 2013
Stephen DallaCosta answered:
We could market it to buyers that would be interested in having the repairs done before they move in with a 203K loan, contact me and I will have my team look at the property and find you a buyer. 978 604 9600 ... more
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Sat Aug 31, 2013
Stephen DallaCosta answered:
I would find out the worth of your home updated then see what it would cost and see your profit.
example that would work $200,000 worth today updated worth $275,000 cost of update $50,000 profit after update $25,000 Ok I know some people do not have $50,000 to update that is what makes the 203K Mortgage so great! We have a team that will visit your home and tell you exactly what the cost is and the financing as low as 3.5% then we will have an approved contractor do all the work as we manage the project for you. I hope this helps. ... more
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Tue Aug 20, 2013
Luciano Leone answered:
Good afternoon - any of the agents in the local area can assist with your request. If you're considering investing in commercial properties in Peabody I would contact a few local agents directly and get their perspective on the market and what's available. My office is located right on Lowell Street in a highly trafficked plaza that includes Perfecto's Caffe. Best of luck! ... more
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Sat Jul 6, 2013
Gene Clements answered:
Yes many homes in West Peabody were built with in laws. Now you would have to go before the city and get special permits this is much easier to do if the in-law is going to be occupied by a family member with health issues. good luck. ... more
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Mon Jul 1, 2013
Jim Driscoll answered:
We offer financing for clients with credit scores as low as 620. Take a look at our video testimonials to hear what our clients are saying about us. Call me if you would like us to send you a detailed mortgage analysis so you know the numbers in order to make an informed decision.


Jim D
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Sun May 12, 2013
David Cutler answered:
Hi John and thank you for the post. I would recommend you interview 2 or 3 Highly Rated Local Buyer's Agents and decide who is the best fit to help you in your search and to represent you in the purchase transaction. The use of a Buyer Agent is at no cost to you as we are compensated by the Listing Office.

You want someone local to area you are looking in, someone that works full-time and has the negotiation and market skills to best represent you as a buyer. If you have an idea of what you want your price range to be or your overall monthly payments - I can help narrow down some properties that may be of interest to you.

David Cutler
(978) 869-8042 direct
(800) 895-1793 fax

Residential|Commercial|Business Opportunities|Investments
... more
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Wed Apr 24, 2013
David Cutler answered:
Thank you for the question. To my knowledge the actual building does not flood at all. If you are interested in a unit here we could contact the Management company to ensure there have never been any issues or claims for flood or water damage to any of the units or interior common areas. Please let me know if you have any add'l questions at all. The unit for sale there did recently accept an offer, there is a unit for rent for $1,600/month currently. I can also email you if anything happens with the current Buyer for unit 107 or if any new units become available here. ... more
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Thu Mar 21, 2013
Gene Clements answered:
It will not help. Banks like to see all transactions going through a checking account. Most lenders will take a verification of rent (VOR)from your land lord if you have strong credit , great job history ect. ... more
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