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02067 : Real Estate Advice

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  • Home Buying1
  • Home Selling0
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Activity 12
Wed Dec 5, 2012
Louis Wolfson answered:
It should of been included the same way a pool, barn, cabana would be.

That said, was the recent appraisal for you? Will the seller sell it at a reduced price based on the appraisal and your ability to finance it?

You do have the right to ask that the appraiser include it in his value but not in the GLA of the house.

The cost approach does allow for it as well and so does the 1004uad form itself (amenities)
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Tue Apr 17, 2012
Petrina Floody answered:
Here is the MA HUD resouces. http://www.hud.gov/local/ma/homeownership/buyingprgms.cfm

Please give me a call if you would like to go thru some properties to start the process of evaluating properties.

Petrina Floody
Coldwell Banker
508-446-6400 Cell
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0 votes 3 answers Share Flag
Wed Aug 10, 2011
Mikel DeFrancesco answered:
Hi Moving,

Is there a reason you are looking to find out if a rental home is owner or tenant occupied? If it is to be rented it either is, or will soon be, tenant occupied.

But as general advice your town public records will usually show the owner's mailing address. If it matches the home you're looking at it is owner occupied. If not then it's either vacant or tenant occupied.

Hope that helps!
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Fri May 20, 2011
Christine Smith answered:
Lauliza,
You are right. Sharon is a very desirable community yet it has a number of smaller homes in an affordable price range right now. There is no bad area & no bad schools, but people who have lived there for a while do have their own preferences. I also think many people moving to Sharon are looking at the pricier, larger homes so that the smaller, more affordable ones stay on the market longer - and drop their prices. The tax rate is also fairly high so that those who can afford the less expensive homes, may be put off by the taxes.

It's hard to say what the future holds in terms of prices. Keep an eye on them & if they start inching up and you are in a position to buy, I would suggest jumping in.

If you want to receive listings by email just to keep an eye on the prices, feel free to email me at CSmith@BuyersBrokersOnly.com. I promise - no high pressure sales or phone calls. You can decide when you are ready to contact me.
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Sun Aug 26, 2012
Masha Senderovich answered:
Krishna,
Welcome to New England. Sounds like you're looking for a new place for your family.
I know the area well and would be happy to assist. Both of these towns are good choices for various reasons and both have houses that are renovated, as well as ones that are in need of updates. There is a price for everything, of course.
Let's start with your criteria: what do you comfortably need in terms of bedrooms, square footage, and bathrooms? Are the kids going to public school (when they are old enough), or private school?
You can email me at masha@preservationproperties.com or call 617-340-3986 and we can talk more and get you started in your home search process.
Sincerely,
Masha
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0 votes 9 answers Share Flag
Tue Aug 21, 2012
Amy Mullen answered:
Good morning!

The square footage should be calculated by measuring the rooms - not including the common areas such as hallways and bathrooms and not including unfinished areas such as attic spaces. A finished basement can be included but it must be disclosed as being included.

The value of a well developed yard varies and although greatly adds to the marketability of your home it doesn't necessarily add value to a bank appraiser.

Do you have the link to the article? I'd like to read it!

Amy
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0 votes 16 answers Share Flag
Tue Apr 13, 2010
Dave Griswold/ Lisa Payne-Griswold answered:
Franklin,
I'd start calling around, and the first agent who picks up the phone rather than leaving a message for them is one i'd add to your list.
Then start asking a few questions to them, an example is,
How soon can you take us out to view properties? How long has you've been in Real Estate? What area's do you cover? Etc. The questions are to make you comfortable with an Agent gives you talking time to see how you feel about them.
Call a few agents until you feel comfortable with them and get started..
Remember it's NOT the Company they work for it's the Agent who will work for you!!!!
All The Best
U R Home
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0 votes 12 answers Share Flag
Mon Apr 12, 2010
Susan Costa answered:
Square footage of the property comes off of the Public Record - Not all agents exagerate o push he envelope. There are many of us who are honest and trust worthy.

If you need assistance or informatio, please feel free to contact me. I would be happy to help.
Service with Pride and Intergrty - because if not, it will come back to bite you.

Certified Buyers Agent in MA & RI.
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0 votes 5 answers Share Flag
Mon Apr 12, 2010
Christopher Cox answered:
Hi Vishali,

This fact alone does not make the house worth less or when you go to re-sell it. The only potential drawback(other than unrepaired damage) when you go to resell is that since you will be obligated to disclose this information, just as the current owners are. Just like yourself, another potential buyer may be hesitant to sumbit an offer.

Although termites are without a doubt a major problem, you do have a few options. #1 I would ask if the current owners have a copy of any reports they received with the treatment. If the report mentions any damage be sure to ask what if anything was fixed that had been damaged.

Option #2 is to submit your offer and be sure to have contingencies in place that allow you to back out or renegotiate after you have your inspections. If you are working with a buyer agent this should be pretty common language in your offer form.

And then of course another option is option #3 walk away.

Good Luck and happy hunting,
Chris
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Sun Sep 12, 2010
Nina Rogoff answered:
Unfortunately, we don't have gated communities here as you do in Florida. If you are looking for a rental in a 55+ community there is an option about 30 minutes from Sharon. There are other apartment complex rentals in Sharon and surrounding towns but none are restricted to 55+ and they are not gated. ... more
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Wed Jul 2, 2008
Pat Baker answered:
Because the inventory has been high the homes had to be re-positioned in the market to set them apart and get them sold. It is a very nice community but like so many of the towns there is too much inventory. Are you only considering Sharon? How about Medfield, Medway, Millis, Norwood, Dedham, Walpole or Wrentham? ... more
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Tue Apr 13, 2010
Brecht Palombo answered:
This is really strange because I just answered another question similar to this recently in that this cannot be answered in this forum or by any licensed real estate agent for that matter. We can't talk race and we can't talk safety. Ask friends or locals, you can't ask this here, or I suppose more to the point - it cannot be answered. ... more
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