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Home Buying in 01844 : Real Estate Advice

  • All17
  • Local Info2
  • Home Buying9
  • Home Selling4
  • Market Conditions0

Activity 12
Sat Apr 13, 2013
Ron Carpenito answered:
That's a complicated question, because you need to first determine if the asking price is over, at or below the market value of the home to begin with. Then you need to determine the current status of the local market, and then take into account the days on market and condition of the home as compared to other homes like it...its not a black/white answer.

Currently the markets are on the upswing and we are seeing many many OVER ASKING price offers on new listings, this is a factor of reduced inventory, current low rates, and an overall positive attitude towards real estate going forward.

To sum it, it really depends on the situation and property.
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0 votes 5 answers Share Flag
Thu Jan 31, 2013
Tim Moore answered:
The steps to follow are always the same:

Step #1 = Sit down and speak with a loan officer or mortgage broker and it is best to talk with a couple.

Step #2 = Find a Realtor to work with and tell them what you learned in step #1. They will guide you from there.

Good luck.
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0 votes 6 answers Share Flag
Thu Sep 20, 2012
Yuan Li answered:
Hi there,

Unit 112 just had an accepted offer a few days ago, but they are still accepting back-up offers.

Are you looking to have your home designed and built by them in the community?

Shoot me an email. I can help guide you in the process.

Yuan's Team Realty
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0 votes 6 answers Share Flag
Sat Apr 28, 2012
Christopher Lefebvre answered:
Hi Faith. Which condo are you interested in? I didn't see any address posted? I would be glad to help.
0 votes 8 answers Share Flag
Fri Apr 13, 2012
Petrina Floody answered:
It is presented that you may purchase the building and the right for that structure to be on the land for $3140 per year in rent. This is under a 3 year lease. Many times these leases are for 99 years so you do not run into an issue with the land owners asking you to move your structure. They have the right to the land and not renew your lease after 3 years. This situation is happening down in Dennis, MA right now. ... more
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Thu Jun 11, 2015
Andrew Adams answered:
You will need a renovation loan. This time of year a bank is not going to close a conventional loan with the septic unless it's a renovation loan. By going with a renovation loan you will know you will close. You will need to set aside more for renovatoin need the full plans but it's done all the time. ... more
0 votes 23 answers Share Flag
Sat Apr 28, 2012
Kevin Vitali answered:
It means variable range. They will look at offers between price x and price y. It is a marketing concept that Prudential uses to supposedly increase buyer traffic.
0 votes 7 answers Share Flag
Sat Apr 28, 2012
Brian X. Murphy answered:
Hi, Hesszee!

Chippy Lane is a great neighborhood! It's a quiet area without a lot of traffic because it's not a through way. This means that the only traffic coming through the neighborhood is for people who actually live there. This would be a neighborhood with a lot of Trick-or-Treaters during Halloween. That said, it's a commuter's dream being close to both Routes 495 and 93 with a great shopping mall nearby. If you're looking for a close-knit community that's close to everything, this is it. Overall, a solid 7.

As it turns out, there is a home for sale on Chippy Lane. You can find this home and many more like it at May I show it to you?
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0 votes 2 answers Share Flag
Mon Jun 22, 2009
Scott A. Nelson answered:
Which property are you referring to?
0 votes 0 Answers Share Flag
Wed May 27, 2009
Kristen Blanchet Keegan answered:
That condo has not been put on the market yet. The only unit currently available there is a two bedroom for 169,000. If you would like to send me your email address I can let you know when it becomes available. ... more
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Sat May 2, 2009
Massachusetts Real Estate answered:
Hi Brandi - Assessed value is not a good way to measure market value in general but this is especially true in this case. Property values in Methuen have taken a hit as they have everywhere but more so in some neighborhoods versus others. Also, this house has been completely renovated and that has an effect as well. In my opinion the house is not priced to sell and that is why it hasn't. It did start at $359,900 and was lowered at the end of March to the current price of $339,900. A market analysis will reveal the current value and working with a buyer agent to represent you will help you put together a clear picture of how to get the house for the price you want! Feel free to contact me with any other questions. ... more
0 votes 3 answers Share Flag
Sat Apr 28, 2012
Christopher Lawton answered:
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