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Home Buying in 01803 : Real Estate Advice

  • All14
  • Local Info1
  • Home Buying7
  • Home Selling2
  • Market Conditions1

Activity 8
Wed Jul 3, 2013
Richard Shapiro answered:
I think you just named them. Also include Woburn.
If you are financing this purchase you may have issues as a full condo review will be needed by the lender. There are several things to be aware of with an association. Feel free to contact me a dn I will be happy to go over. ... more
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Mon Mar 7, 2011
9479mbk asked:
0 votes 0 Answers Share Flag
Tue May 25, 2010
Dp2 answered:
Your question isn't totally clear. Are you saying that your condo is worth $150K, that you have a loan for $100K, and that you'd like to do a (cash-out or rate/terms) refinance? If so, then did you also mean that you have no CREDIT CARD debt? ... more
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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.
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Tue Mar 3, 2009
Frank Spencer answered:
Good Morning Jackson,

As I have said many times, a homes value is set by buyers and sellers. It is worth exactly what a buyer is willing to pay and a seller is willing to sell it for. In most real estate markets, properly priced homes have continued to sell. The fact that this home did not is indicative of one that was overpriced for the market.

Given that we are still in a declining market across the country, a $400K offer may in fact be a source of welcome relief for the seller if he needs to sell. I would encourage you to discuss your desire to purchase the property with the seller but please do yourself a favor, make any offer that you make contingent on the property appraising for at least the sale price. We are long past the days when buyers could buy an over priced home and wait a short time for the market to catch up.

Good luck with the purchase.

Frank Spencer
... more
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Thu Feb 12, 2009
Lanre Bolatiwa answered:
Hello Jackson,
If I understand your question correctly, the only way you can find out if a house is under agreement is to consult a realtor. Whenever a house is under agreement to buy, it could be on an option to buy which means that the buyer have so many days to change their mind. It can also be an agreement pending the closing of the property. Your best way to be sure is to get the service of a realtor in your area. You can always go to open houses because most of the time the property will still be available for sale.

Lanre Bolatiwa GRI
Realtor
... more
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Tue Aug 26, 2008
Maria Humphreys answered:
Well dispite what has been said about the mortgage business I have not had a problem with getting my clients financed with a score of 700 and above especially if they are putting money down. I am a TN agent I have noticed an increase in interest rates but if rates drop in the late future you can always refinance. I am an agent not a mortgage professional, to best answer your question I would call your local bank and let them know your situation. ... more
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