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Malden : Real Estate Advice

  • All139
  • Local Info13
  • Home Buying24
  • Home Selling3
  • Market Conditions9

Activity 36
Wed Mar 20, 2013
Richard Shapiro answered:
Talk to Andrew Adams at Wells Fargo.
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Mon Mar 11, 2013
jsaintfort10 asked:
Mon Feb 25, 2013
Heath Coker answered:
I would use a local rental professional to save time and money and also to make sure you don't miss a great rental.

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Tue Jan 29, 2013
Heath Coker answered:
I would use a local rental professional to save time and money and also to make sure you don't miss a great rental.
How you pay the rent is not supposed to matter.

(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.) ... more
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Wed Jan 9, 2013
Louis Wolfson answered:
According to the information thru mlspin it is US Bank NA the price was 370,000 as of 1/14/2010
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Thu Dec 12, 2013
Anna M Brocco answered:
Any local agent can help you, however keep in mind that rent to own can be risky and one could stand to lose a bit of money, therefore do inform yourself well, and consider consulting with an attorney who specializes in real estate beforehand. If you haven't done so yet, visit with any licensed loan officer, see if you can buy outright... ... more
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Thu Jun 26, 2014
Nina Harris answered:
An offer with a better price or better terms (or both) came in. If you did not receive a counter offer, the offering price was too low from what the seller would be willing to take.

If you can, try going back with a higher price.
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Fri Nov 2, 2012
Louis Wolfson answered:
I don't understand are you living in one of the units? Are they both rented and the two condo's are investments?

You owning both units should be a positive to the lenders not a negative assuming that the properties are in good condition, get a good rent, and that you have the financial capabilities to handle the loans you are looking for.

You do not have to pay a condo fee to an association unless both parties (you) can't agree on the operating and expenses of running the association ie: common insurance, maintanance, repairs etc.

What communty is the property in?
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Wed Sep 5, 2012 answered:
Right now the only condo on the market in that complex is already under agreement :

Here is every 2+ bedroom property for sale in Malden:
Massachusetts Premier Buyer Brokerage
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Sat Jul 28, 2012
Christine Moran Realtor & Notary answered:
Not that I can find in the white or yellow pages
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Mon Jul 23, 2012 answered:
Buy real estate in Back Bay:[]=SF&property_type[]=MF&property_type[]=LD&property_type[]=CC ... more
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Tue May 29, 2012
Susanne Mcinerney answered:
This listing is in the active stag but with a red flagged which means that it is under contract but sellers would like to keep showing for back up purposes only.
Go to for the most updated information in the real estate market. ... more
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Tue May 29, 2012
Michael Cheng answered:
If you can provide the property address here, I'm sure you'll get a definitive answer quickly.
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Thu Oct 18, 2012
Heidi Zizza answered:
Rent to own is very tough to find. It would be easier looking for a renta and suggesting they rent to own than looking for a property for sale and asking them to rent.
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Fri Jan 20, 2012
Amy Stanley answered:
Probably because there has been some updates in the home to jump the price up or the market values in the area might have moved up a bit. To find out you might want to contact the listing agent to see exactly why that is. ... more
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Mon Aug 15, 2011
Debbi Runcie answered:
HI Carol,
I recently sold 2 properties and now have one property on the market right around the corner from the Malden T station. Many neighborhoods surround the station, some are more congested than others and have many rental properties while, others, feel like you are a million miles away from a downtown area and have beautifully restored homes for a great value.
Please feel free to give me a call at 781-710-6825 and I would be happy to speak with you further regarding your future purchase.
Debbi Runcie
RE/MAX Heritage

... more
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Tue Aug 31, 2010
Scott A. Nelson answered:
This is one area that taking a careful look at the budgets, reserves & financial health of the community & builder are very important. Condos can be wonderful housing options but alot depends on you & your current & near term situation as well as the health of the association. You might want to look into the property through your buyers agent & mortgage professional to look at the last 2 years and see what reasons might be behind the amount of sales. You'll also want to make sure that the curent owners are all up to date on their condo association dues. If you're using FHA financing or most others you'll need to also look at the owner occupancy rate as this will also affect your ability to get financing.

Condo fees should be representative of the budget & upkeep needed by a community with some alloted for a managment company. You should check to see what the current fees paid to the managment company are and see how often the fees are adjusted for inflation, improvements and/or managment fee hikes. You'll also want to review the minutes of the association meetings to see about proposed assesments & other maintenance items. You can also request a CLUE report on the property from the owner and see if there have been any insurance claims on the property. Brick buildings, pools, elevators are all expensive items and dependeing on the age of the building and if maintenance has been deferred can get quite expensive.

Hope this helps,
... more
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Fri Jun 14, 2013
Christine Moran Realtor & Notary answered:
I would start with your lender. Go to your local bank and see for which loan you would qualify. Remember short sales take a long, long, time and only 30 percent of them go through. Keep your eye open for other properties.

Good luck and warm regards.

Christine M, Moran.
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Thu Jan 14, 2010
Bob Tanski answered:
The house is listed as a short sale and the price is 350K, but it has been under agreement since 3/31/2009
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Sun Nov 6, 2011
Susan Costa answered:
I beleive that the market is stabilizing. That property values are at a base value that can only move up in the future. Interest rates have gone up alittle and fluxuate daily. Buying a home is a minnimum 5 yr investment. A buyer can not look at purchasing and selling next year to make a profit.

If you are looking to buy, now is the time, first time home buyer $8,000 credit is going to stop as of Nov 30th.
If you see something you like, put in an offer. There are bad properties out there that are not worth much and are money pits. My advice would be to get a Buyer's Agent and let them do the research and leg work for you. There is NO payment from you. The Buyer's Agent will split the commission with the listing agent.

Good Luck, if I can be of assistance, please feel free to contact me.
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