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02453 : Real Estate Advice

  • All11
  • Local Info2
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 51
Tue May 25, 2010
Ken Shuman asked:
0 votes 0 Answers Share Flag
Tue Nov 17, 2009
Janet Peterson Spaulding answered:
If the property has been treated for termites, this does not necessarily mean that it had termites. Many homeowners will have their homes treated as a precaution.
At your home inspection, be sure to ask the inspector to check for termites.

Good Luck with your offer!
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0 votes 7 answers Share Flag
Thu Oct 15, 2009
Patrick Thies answered:
To buy the house, you will have to work out the details with the builder. See if the builder has there own contract that they use. If you go this route, I would strongly recommend having an attorney look over the contract before signing anything.

You will have to find out what similar house in the area are selling for to find out how much the house may be worth.
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Mon Sep 28, 2009
Peter Mlaguzi answered:

How are you? The property goes underagreement/under contract when the seller has signed and accepted an offer. In regards to viewing a property that's underagreement, it�39;s upon the seller's discretion on whether they would like to continue showing the property and your buyer’s agent can find out whether the seller is still allowing the property to be shown. So it all depends on whether the seller is allowing showings and or taking up back up offers. And the offer that you would make wouldn't be called a counter offer, it’s called a back up offer. Have your buyer's agent contact the seller's agent and find out the status of the property and whether the seller is taking up back up offers and/or allowing back up showings. If you have any additional please feel free to email or call.

Best regards,

Experience excellence

p.s. Of all of your family, friends, neighbors and co-workers, who do you think will be the next one to move, buying or selling?

Peter J. Mlaguzi III
President of Real Estate Sales and Development
O: 617-395-1496 x703
C: 617-233-1476
F: 617-395-6867
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0 votes 5 answers Share Flag
Tue Sep 1, 2009 answered:
Hi, Liz!
yes, that is the logical assumption about banks wanting to get the properties off their books but you will find this very often is not the case. Banks are still overwhelmingly disorganized when it comes to selling properties and often the agent listing the property doesn't help make that process any better. It is near to impossible to give you a set time frame on each stage of the purchase process because each bank is different (some less organized then others) but generally speaking you should plan on the process taking around 3 months to come together. Hire a buyer agent that has dealt with these types of transactions (do not use the listing agent!), They will help manage your expectations and keep your interests protected.

Good luck!
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0 votes 3 answers Share Flag
Tue Aug 4, 2009
Dp2 answered:
You should be able to obtain that via the Dade county records.
0 votes 2 answers Share Flag
Wed Aug 5, 2009
Mike Hughes Team answered:
Yes, but this can only be done legally if it is a legal 2 or 3 family home. Call the town to check the status to make this determination ... depending on the location, you may be able to apply for a change of property use. Although it may not be legal, many do rent without this confirmation. ... more
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Sat Jul 28, 2012
United Inspection answered:
Visit the Waltham MA Home Inspection web page from United Inspection Service.

Contact United Inspection Service at 508-788-1447 or email
0 votes 1 answer Share Flag
Sun May 17, 2009
Scott A. Nelson answered:
It would depend on what features your looking for, your budget and what communities you are interested in. Also what is your 3,5,10 year plan. It's really a very personal decision with alot of variables. ... more
0 votes 4 answers Share Flag
Sun Jun 19, 2011
Kevin Vitali answered:
For an ethical real estate agent /Realtor to answer the question would be violating fair housing laws. A good buyers agent would have the tools and experience to help you determine if certain areas are right for you. ... more
0 votes 7 answers Share Flag
Sun May 10, 2009
John Savignano answered:
you need to speak with your lender. I would guess it depends on the loan to value ratio. If after completion the appraised value in todays market will be greater than 80% of the borrowed amount, you can probably refinance. But they are the ones who can best answer trhis question. Good Luck! ... more
0 votes 3 answers Share Flag
Tue Apr 28, 2009
Massachusetts Real Estate answered:
Hi Actonian - The condo you are looking at last sold in 2006 for $457,500. Considering the size and number of beds and baths the asking price is decent is fairly decent but in my opinion there is some room to go lower. There are other comparable properties available in Waltham as well which you might want to check out. I'm happy to show you anything you might want to see and to provide more information on the Waltham condo market. ... more
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Sun Mar 7, 2010
Robert Byrne answered:
There are contrary views on transmission lines. While some people see them as just an eyesore, others feel they are dangerous because of the EMF (Electro Magnetic Fields). Here you have to make your own determination. From a re-sale value point of view transmission lines are on a par with freeway proxmity. The more you can see them the less valuable the home is to the buying public. There are people who will not buy a home close to transmission line period.

Do your research. Talk to the neighbors, the city building and health departments, check with the utility company and the EPA. Then make the choice that is right for you and your family.


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0 votes 3 answers Share Flag
Mon Feb 23, 2009
Judy Boyle answered:
Hi Bggas400!

My answer is going to sound a little Wizard of Oz'ish but you have the ability to answer your own question.

Others can offer their opinions, but the ultimate decision is, and should be, yours because it is a very personal one.

Whether you are buying a unit in a two family or a single family, you will be asking yourself the exact same questions.... Does this property "talk to me". Does this property feel like "home"? Is the property in a good location? Which school will my child be attending? Could there be a presence of lead paint that could potentially be hazardous to my child's health?

If you can be flexible with your town and location...and patient.... you will find the perfect home. What is most important is that you do not limit yourself by what you "hear". Go with your heart, a good buyers agent who understands what you are looking for, and you will soon be saying "There's no place like home!"

Good luck!
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0 votes 3 answers Share Flag
Wed May 27, 2009
Robert Spinosa answered:

To answer the emotional side of your question, now is a GREAT time to be buying. The housing market is strongly in a buyer's favor and interest rates are at or near historic lows.

To answer the practical side of the question, a loan pre-approval should answer both your questions about rent vs. own, and about availability of credit to you both.

If I can be of further help, don't hesitate to let me know. Mortgage Master is headquartered in Walpole and we are happy to be of service.

Thank you!

Rob Spinosa
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0 votes 9 answers Share Flag
Fri Jan 30, 2009
Deb Nicholls answered:

A Buyer Agent will answer these questions and help you with negotiating a good price. For someone to do it on line, without visiting the property and doing some research, would just be a best guess. Anyone can give you the property taxes ($5237.02) and answer factual questions, but there is more to the process than that.

The answer to your question about a short sale is a long one, but one thing to be aware of is that it will usually take 3 to 9 months to get an answer from the bank! The last one I had took 3 months, and the answer was a simple "no", and the bank raised the asking price after that!

Since it doesn't cost you anything for Buyer Agent services, why not give it a try? If you would like the name of a good agent in Waltham, I'd be happy to provide one, with contact information.

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0 votes 2 answers Share Flag
Thu Nov 6, 2008
Scott Godzyk answered:
If you are a year out you are a little early, however you would first sit down with a local and trusted mortgage broker, they can pre approve you for a mortgage, they will tell you what price rang you should look in, how much you will need for a down payment and closing costs and what your monthly paymenjt will be. Your next step is interview a buyer broker than can assist you in finding houses to drive by and get inside to see. in most cases you can negotiate with a buyer broker so that it does not costs you jmanything out of pocket as the buyer agent gets paid at closing from the listing broker the fee offered in MLs. This way you have someone looking out for you. good luck with your purchase. ... more
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Mon Sep 8, 2008 answered:
It was bought in 2003 for $403,000 so they are pretty close to selling it at a loss. Depending what their mortgage amount was they may be close to becoming short sale, which can be a very frustrating process. It has been on the market for 72 days and dropped in price once. I checked out the sales history for waltham condo's and 6 have sold in the last year with and average sale price of $388,483. The average discount off of original price is 5% and the average days on market is 72. Right now there are 33 townhouses on the market so there is pretty stiff competition which is likely part of the reason it hasn't sold yet. For instance these:

Seems the property is in nice condition - built in 2006 so fully upgraded - plus it has garage parking. Near the train and park.

Generally speaking Waltham is a great place to consider investing as they are seeing an economical boost because a lot of tech businesses are moving their head quarters to the area due to proximity to the city and lower commercial costs, which should help boost the residential market.

Hope that helps. Good luck!
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0 votes 6 answers Share Flag
Thu Aug 21, 2008
Scott Godzyk answered:
You are not exempt but seeing you are buying a higher price it is defferred. Ask a tax advisor to be sure but you can take your lifetime exemption which wipes out a portion if not all of your capital gains. i wouldnt do it now if you are buying a higher price property. You will be able to get some tax breaks by writing off some moving expenses for work if you itemize, again see the cpa for exact amounts. In conclusion there shouldnt be taxes if you ar using your gain in Durham to buy the new house in Boston. Good luck with your move to Boston, i am neear there and love it. ... more
0 votes 7 answers Share Flag
Fri Aug 8, 2008
John Savignano answered:
if you know the address you can probably get it on line with a deed search (you can search by property address) at
0 votes 1 answer Share Flag
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