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Home Buying in Middlesex County : Real Estate Advice

  • All18
  • Local Info1
  • Home Buying9
  • Home Selling1
  • Market Conditions1

Activity 524
Tue Apr 16, 2013
Kristen Blanchet Keegan answered:
It just went under agreement on April 11th. If you need help finding a property in the area please let me know and I would be glad to help!
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Tue Apr 16, 2013
Christine Beaudry answered:
I would recommend speaking with a loan officer to go over your options. I have a couple of local contacts who could look at it for you. Please feel free to call or message me for more info. ... more
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Tue Sep 10, 2013
Richard Shapiro answered:
That may depend on the instructor.
You could probably get as much or more information in a 30 min conversation with a mortgage broker or loan officer. Most mortgage programs don't require a course.

Rshapiro at assetmortgage dot net
... more
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Tue Oct 29, 2013
Tim Moore answered:
Welcome to home ownership. You do the same thing you will do a year or two years down the road - You Fix It. A home inspector can not find everything and can't find problems that might not have been there when they inspected. ... more
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Sat Sep 21, 2013
Sarah Goulart Nathe answered:
Whether or not it is reasonable is up to the parties involved, but it happens quite often that one side requests a change of close date after an accepted offer for a variety of reasons.
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Fri Apr 12, 2013
Kristen Blanchet Keegan answered:
The 1st phase was built in 2007.
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Mon Mar 30, 2015
Tim Moore answered:
I can't see the issue or the house, but $75k sounds absolutely ridiculous. I would call in a real professional and one that does not have a horse in the race for a real idea.
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Sun Mar 24, 2013
Josh Barnett answered:
You are not crying over nothing, tell the Realtor that you want the Seller to sell you the right-of-way (on the other home) if you are truly interested in this home.

If you can find another home w/o this issue, go buy another home. ... more
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Wed Mar 20, 2013
Richard Shapiro answered:
Talk to Andrew Adams at Wells Fargo.
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Sun Mar 17, 2013
Louis Wolfson answered:
I would have it mitigated prior to your closing. The roof should be replaced properly along with soffet and ridge vents. I would also have an air quality test.

This should be handled by your attorney in the purchase and sales agreement. ... more
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Tue Jun 16, 2015
Jennifer Keenan answered:
Condo fees are not negotiable. They are set by the condo association and are calculated by the percentage share of each unit in relation to the total area of the building. The costs vary from building to building and unit to unit. The cost will depend on what's included - water/sewer charges, master insurance, any landscaping or snow removal, cleaning of common areas, building maintenance, parking, professional management, etc. Some condo fees even include heat/hot water.

When you are shopping for your new home, make sure to ask the listing agent what the condo fee includes, then you can properly calculate any additional monthly costs into your budget that aren't covered.
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Sat Jun 15, 2013
Ron Thomas answered:
Realtors have a high honor system; they will work it out between themselves.
Just give the name and phone # to your Agent, and he will take care of it.
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Mon Mar 11, 2013
jsaintfort10 asked:
Thu Feb 28, 2013
Monica Mbabali asked:
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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Mon Feb 25, 2013
Joanne Mcdonnell answered:
Your property value will more than likely be affected by the TOD. It’s hard to say if it will help or hurt your value without more information. As time goes by and the cityâ€s plan is more concrete you should have a better understanding of its effects on your property. If you’d like to talk about it with more specifics I’d be happy to help. Not knowing your address and the true TOD plans it’s hard to say as of yet. Please let me know if I can help. Good Luck Joanne ... more
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Fri Feb 22, 2013
Wen Farina answered:
Hi Gina,
This is hard to answer because it really depends on the person what they consider noisy. Most parks in Reading have signs that prohibits use of the park after dark but if you are thinking of buying a house there check it out on the weekends and evenings to see if the level is acceptable to you. ... more
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Tue Oct 7, 2014
Traci Topalis answered:
Hi John my husband is a builder in Massachusetts.We have used a few architects. We are fond of Michael McKay and use him exclusively now. His number is 617-522-5060. If you contact him please tell him Traci Topalis recommended you call. If I can be of any assistance to you regarding locating a home or a lot to build on please don't hesitate to call me. It would bet pleasure to assist you.
Regards,Traci Topalis William Raveis Realestate (508)243-4741
... more
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Mon Jun 24, 2013
Rona Fischman answered:
The very long-term investment in property near transit lines is a solid strategy; however, the short-term gains are not likely. Let me give you a little history on this: The Davis Square and Porter Square subway stops were under construction for a tediously long time, just like other MBTA projects. It opened in the mid-1980s. Prices flew up in the boom that ended around 1989, when there was a hard bubble break. Prices did not boom again until the next inflationary bubble. That was the mid to late 1990s. Since then, the Davis/Porter area has been more expensive than similarly built properties farther from the Red Line. However, it took about 10 years after completion of the stops to really see the property price inflation in a steady way. People who bought in the late 1970s in anticipation of the Red Line had to wait a long time. Sound familiar?
I’ve been answering questions about the anticipated Green Line extension for a long time. Attached is a blog entry from 2009. My prediction then was not too far off.
Another thing is that the Red Line is currently the only subway line in town, serving a small percentage of the city of Somerville. The Green line will add to the pool of available housing that is near a subway line. That makes property on all the subway lines not be as unique (and valuable) as when there was only the Red Line and the properties near it. (Demand gets diluted when there is more supply.) This could be a factor by 2020 or so.
My general advice on purchasing is to buy what you will love to live in for the next 10 years. If you see appreciation before then, you are lucky. If you don't, you still have a great place to live. If the passing trains are something you won't like in the future, you may want to look for a nicely renovated space a short walk from a proposed Green Line stop.
... more
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