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Hopkinton : Real Estate Advice

  • All46
  • Local Info4
  • Home Buying18
  • Home Selling16
  • Market Conditions0

Activity 34
Thu Jan 2, 2014
Peter Edwards answered:
I would love to assist you. Please send me an email to and we can discuss your search.

0 votes 2 answers Share Flag
Wed Mar 13, 2013
Heath Coker answered:
The public records on these properties don't indicate any flight.
The previous owners held the properties for an avrage amount of time.

I would call the town offices and ask if there are any issues that may not be visible to an occosional or new visitor.

(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.)
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Wed Jan 23, 2013
Richard Shapiro answered:
Seems like you have very specific needs for your child. While Special Ed laws are the same for each district, you may find some schools have specialist with skills needed by your daughter. Most towns have a SEPAC, here is Framingham's:

I would reach out to those groups to discuss your child's needs and see if they know of similar kids getting services. There is also The Learning Center in Framingham, a well known and innovative school for the deaf and hard of hearing.
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Thu Dec 12, 2013
Peter Edwards answered:
With 2200 square feet in Hopkinton and average finishes I would say your assessed value should be in the range of $450,000-$500,000. If you take those figures and multiply it by the 2013 tax rate which is $17.32/$1000 you would have an estimated yearly tax bill between $7,794 - $8,660.

Peter Edwards
Hayden Rowe Properties
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Thu Aug 23, 2012
Linda Bender answered:
Active, it appears they are not taking their home off the market. More then likely they have noted the contingency in the agent notes on the mls site for agents.
So it is possible to have both. Active and contingency noted in agent notes.

60 days will go very fast for you! Do you have a virtual tour? Lots of photos. Open Houses?
Flyers and a flyer box. A home Warranty offered and advertised with a rider sign? Ask your listing agent to help you with these items. If you really want the home you have your offer on. Maybe consider a pre inspection and an appraisal. All of these things will help your home to sell faster.

Good luck to you and hope it all works out well.
If you are considering selling your home yourself, it will take longer and you will risk loosing the home you have your offer on.
Have a nice evening.
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Mon Apr 30, 2012
Don Tepper answered:
Maybe. But . . .

First, I'm not a lawyer, so this isn't legal advice. For that, you need a lawyer. You also need to consult with your Realtor.

If the buyer doesn't perform according to the contract, then likely yes. The buyer, for instance, probably is required to apply for a mortgage and for insurance coverage within x days of contract ratification. If that doesn't occur on time, then there could be grounds. In other words, there may be provisions in the contract that give you a clear "out."

Otherwise, it gets messy. As a practical matter, if you simply change your mind and decide you don't want to sell, it's very difficult to force you to do so. The buyers could sue for "specific performance" but that isn't a sure thing, and would take a while (and some up-front money). Your agent might also seek compensation from you--the amount of commission he/she would have received had you not backed out. Read your listing agreement for details.

Why do you want to get out of the deal? Are there adjustments that could be made to the contract to make it acceptable to you? Or what other issues are you confronting? There may be a solution short of "getting out of the deal" that would work for you and your buyers. Again, consult with your Realtor.

Hope that helps.
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0 votes 7 answers Share Flag
Thu Apr 12, 2012
Petrina Floody answered:
Hi Laura,

Two bedroom homes can be harder to sell. In Hopkinton today, there are six two bedroom homes on the market and four of them without garages and two with two garages. I would suggest you contact an agent to give you an indepth market profile. Call me if you want my help.
Petirna Floody
Cell 508-446-6400
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Tue Feb 11, 2014
Joyce Lin answered:
Sun Jul 13, 2014
Mark R. Barrett answered:
Most likely the answer is yes. You almost always have to be prequalified. This saves the seller from waisting time on people who are not qualified but feel they are qualified. A prequalification is easy and takes abou ten minutes to do. A pre approval takes more time and energy but has more weight. ... more
0 votes 10 answers Share Flag
Tue Oct 25, 2011
William Patterson answered:
Hi Damon,
I suggest that you take a good look at the contract you signed to answer the "ride out" question. Call your agent and discuss the situation with him/her, maybe you can come to an agreement that works for the both of you/

Best of luck!
Bill Patterson
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Tue Feb 10, 2015
Louis Wolfson answered:

Depends on what the contingency is. Selling there house - possibly if there is a kickout clause. Signing p&s, inspection, financing etc. Will depend on if all is ok during inspection or they agree to it, signing p&s if they can agree on terms, financing if they don't get it.

So as you see there is no simple answer.

Ask your agent these questions or feel free to call me to discuss you questions further.
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0 votes 3 answers Share Flag
Tue Jul 5, 2011
Justin Ruzicka answered:
State of Florida newest contract which is 11 pages long and most agent began using in January of this year has many outs for you. Do you have a buyers agent? If so, they would know what contract you used and I am sure has given you outs since it was a sight unseen. If you don't have a buyers agent, why NOT? Have you read the offer and contract in which you were signing completely prior to signing? ... more
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Thu Mar 10, 2011
Masha Senderovich answered:
There is a .16 acre lot that is undevelopable at 3 Walker that's owned by Thomas and Laura Chatten, who bought it on May of last year. It's adjacent to home 7 Walker St. home that belongs to a Colleen Chatten.

Hope this helps...
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Mon Mar 7, 2011
Louis Wolfson answered:
Be thankful, they did not move into the house and you did not sign a deed over to them. Your broker and or attorney should of protected you from the onset. I did not see in your notes that you had either? Cash deals should be verified and large escrow should be held by the escrow or closing agent.

Louis Wolfson
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Fri Oct 15, 2010
Ron Rovtar answered:
If you do not want your agent pressuring you into spending more, work this out in advance and tell the agent you will walk if you start feeling pressured.

Best, Ron
0 votes 3 answers Share Flag
Thu Oct 14, 2010
Don Tepper answered:
It's worth almost nothing. A manufactured home with a mold problem? I can buy manufactured homes (3/2s) in liveable condition for $10,000. What you're describing, around where I am (not a cheap area) might bring $250 on a good day.

Don't bother chasing it. Find something in decent condition.
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Sun Sep 19, 2010
Patrick Thies answered:
Usually it means that the house has a contract on it subject to some type of contingency that needs to take place in order for the deal to go forward. For example, it could be contingent on a house sale or a house close. That would mean that the buyer either has to sell their home or close on their home to purchase this home. If they can't sell or don't close, then that is their out from having to buy the current home.

There is usually a kickout clause with contingent offers. If a buyer wanted to submit an offer, they could do so but the first buyer would have a time period (24, 48 or even72 hrs) to drop their contingency. If they can't, then the contract becomes null and void and the seller is free to accept the new offer.
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Sun Oct 23, 2011
Anna M Brocco answered:
If you are unhappy with the services rendered, do have a discussion with your agent first and express all of your concerns--if the chat is unsatisfactory to you, contact the broker owner or office manager of the realty company, express all your concerns as discussed with the agent and ask to be assigned another agent for the duration of your contract--oftentimes, it's the broker owner or office manager who decide any contract terminations not the agent. ... more
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Thu Aug 19, 2010
Jennifer Erickson answered:
For an investor it will depend on the income that can be earned on the property. Sq. Ft., bedroom count, condition will all play a factor. Mostly what matters is the return on investment -- cash flow. Let me know if I can be of any further help, investment property is one of my specialties. Best,

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Tue Feb 22, 2011
Scott Godzyk answered:
Well she doesnt have to have soemone reresenting her, but you certainly need someone representing you. You can either either use a Realtor or will need a lawyer. A Real Estate agent should be willing to work for less than half and can guide you trhough the sale. They will prepare the purchase agreement, provide you with the state and federal disclosures, assist you and guide your through the home inspection, will keep tabs and assist if needed with the buyers mortgage, will be there for the appraisal and go over the closing documents and attend closing with you.

You can hire an attorney for more money and they can prepare the documents and review them.

So it is up to you how much expereince you have and how comfortable you are, but for 1 or 2% you can receive comfort in knowing someone is looking out for you during the sale,

good luck with yoursale.
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