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Arlington : Real Estate Advice

  • All65
  • Local Info8
  • Home Buying10
  • Home Selling5
  • Market Conditions1

Activity 36
Thu Sep 5, 2013
Rebecca Riopelle answered:
Yes, the Brackett school is the highest ranked elementary school in Arlington. For this reason, buyers and renters often seek properties in that area first, affecting those property values.
http://www.greatschools.org/massachusetts/arlington/

For a free market evaluation or a tour of Arlington properties, please contact me today:

www.RebeccaRioRE.com
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Tue May 22, 2012
James Trano answered:
Please contact Fred Allard at www.fredallard.com and mention my name. He is a reliable mortgage professional and should be able to answer your questions. Or call Meredith Spence at Meredith.Spence@wellsfargo.com - each of them are great... ... more
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Thu Oct 10, 2013
Michael Emery answered:
Do they have pets? Do they smoke? Who is going to be on the lease with them / be living with them? How long do they plan on renting? Can they afford the rent? Does their background check and credit check reveal any past evictions and credit blips? ... more
0 votes 7 answers Share Flag
Thu Aug 7, 2014
Deb Nicholls answered:
Interesting question. I think it would depend on a number of factors... For example, how expensive will various sources of energy be in the future? How well insulated is the house? You mention that it is large, how expensive would a conversion be? Maybe in the future there will be more options for cheaper sources of energy and it won't matter. The short answer is that using today's data, it might be hard to sell.

Deb Nicholls
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Sat Jun 25, 2011
James Trano answered:
I have a Rental Agent in our office that may be able to assist you; however I would like to send you the following link for you to do some additional research.

http://arlingtonhousing.org/properties.html

I hope this helps, please contact me if you would like to speak with my associate.

Kindest regards,

James.
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Wed Jan 22, 2014
James Trano answered:
Yes Nikolas, the Listing Agent/Realtor is not the decision maker in the transaction. They are responsible to the Seller and must act on their behalf. My concern is that you and the other group making offers shouldn't know what the other person is offering (higher/lower, contingencies, financing, etc). Whether an offer is higher or not, the listing agent may request "Highest and Best" from both parties, to garner the final offer from all parties interested in the home. Also, if one of the offerers has submitted a Pre-Approval Letter or the Financing is at 95%, there may be concern over financing. There are many reasons that the negotiations may be continuing. Are you working with a Buyer's Agent and have they offered any insight? ... more
0 votes 6 answers Share Flag
Fri Apr 8, 2011
Lew Corcoran answered:
If you know that you'll be paying the mortgage off in 5 years, you'll be better off with a 5/1 ARM or a 7/1 ARM. These are 30-year hybrid adjustable rate mortgages. A 5/1 ARM simply means that the interest rate is fixed for the first 5 years, then adjusts every year thereafter for each of the remaining 25 years. A 7/1 ARM means that the interest rate is fixed for the first 7 years, then adjusts every year thereafter for each of the remaining 23 years. Interest rates for these loans are often much less than they are for fixed rate mortgages, thus enabling you to save thousands of dollars in interest payment. Virtually all mortgage lenders / brokers offer these products. ... more
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Mon Jan 17, 2011
Tean Wong answered:
L-1 Visa is a transfer employee visa. So you are working in this country legally and have taxes record. You will have to talk to a good mortgage broker. I did represent many international buyers who is on different visa, and it is different. I can direct you to a good mortgage person. You should really shop around because it will be vary from bank to bank especially in you case. ... more
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Thu Dec 9, 2010
Andrew Adams answered:
Like what? The bank will foreclose and have to then go through the standard eviction process. Your protection is in the eviction process.
0 votes 7 answers Share Flag
Wed Nov 17, 2010
Scott A. Nelson answered:
You should consult a real estate attorney but yes, you still owe your rent to your landlord until the lender actually takes control of the property. You should look into your individual rights though which are possibly laid out in your rental contract & only an attorney can best advise you legally what & how to proceed.

Hope that helps,
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Wed Oct 10, 2012
Heidi Zizza answered:
Sun Apr 27, 2014
John Savignano answered:
poison ivy can be anywhere, just like mosquitos. its not something we think of disclosing? maybe this will become a new category? Maybe home inspectors should inspect for this?
This seems crazy to me.. ... more
0 votes 18 answers Share Flag
Fri Aug 13, 2010
Heidi Zizza answered:
H0nestly I dont know how to answer this. Its an interesting question and I would love to read some more answers on this. My town has curbside recyclying but I am not familiar with the "stretch code" ... more
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Fri Feb 26, 2010
Heidi Zizza answered:
Do you have a negotiator? You should call someone who is a team. Is it your listing? Do you allready have an offer? Who I recommend would depend on these answers.
0 votes 5 answers Share Flag
Fri Apr 2, 2010
Elizabeth Herbert answered:
There's the First Time Homebuyer Tax Credit until April 2010, then there are programs through FHA and HUD. The FTHTC is automatic, but a mortgage officer would know which one of the other two you qualify for when you get preapproved. ... more
0 votes 6 answers Share Flag
Sun Oct 4, 2009
Tim Cahill answered:
Hi Dana,
Rentals are doing fairly well in Arlington, just as the housing stock has done. Arlington survived the recession pretty well and didn't lose much value - at least not as much as the surrounding areas.
Over the past 1, 3, and 6 months the average rental price has gone from $1,799 6 months ago to $1,757 3 months ago, and $1,771 over the past month. However, those figures include all rental properties and does not distinguish between 2-bed, 4-bed or more. If you have a specific rental layout in mind (2 bed/2 bath; 3 bed/1 bath, etc.), I'd be glad to perform a more detailed search for you.
Hope you have a great day!
--Tim
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0 votes 4 answers Share Flag
Sun Sep 13, 2009
Michael Giles answered:
Hi Julia,
I'm on the North Shore but I suppose the answer is the same in any market. In sales it really shouldn't matter if it is a buyer's or seller's market. What you should focus on is what percentage of the market are you getting and how are you getting it.

Being a Realtor is running a buisness and you need to wear many hats. The most important to your business will be lead generation and data base management. These are the systems and tools that you put into place in order to drive business to you and then act as a pipeline for future business.

Many agent's come into the business ready to show property and hold open houses. What they are not ready for is putting in the time and resources to find the clients.

Too much to go over in a trulia answer. Feel free to give me a call if you have any questions --Mike
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Thu Sep 10, 2009
Scott A. Nelson answered:
As a real estate agent we're required to review the Property Transfer Notification Pack with each buyer/seller/tenant. This is required both federally & state. Only a licenced lead paint inspector can certify a properties status & condition in regards to lead based hazards. Even the certificates & reports are only good for a certain amount of time. The internet can be a great tool but it is no substitute for the proper inspections by the proper licenced professionals. Due to the potential hazards it's too risky to rely solely on the internet for any representations. We require proof of any claims a seller or property has in it's claim of lead based hazards being zero or lead free. It's not worth the risk to take a short cut.

As part of any real estate transaction there's paperwork & language that the seller/buyer/tenant has recieved and understands the lead based hazards documentation. It's also available on the state of Mass Consumer Protection website. All offices I've dealt with have a proceedure for the review & documentation that the mandatory disclosure is made to their clients/customers.

Hope this helps,
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0 votes 1 answer Share Flag
Tue Jun 16, 2009
Mary Ann Lipsey answered:
Sun Feb 22, 2009
Bob Bittelari answered:
Hi Liz,
I have ben Realtor in Arlington for over 20 years. I would be happy to provide you with the information on a sspecific property, or if you log onto my website you register for access to current homes for sale and recent sold properties which will aslo provide the asking price when the property sold. ... more
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