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Home Buying in South Boston : Real Estate Advice

  • All34
  • Local Info6
  • Home Buying9
  • Home Selling1
  • Market Conditions2

Activity 7
Mon Dec 30, 2013
John Yemma answered:
Hello,

The condo is located about .75 from BMC as the crow flies. The transit time from the address would vary depending on your mode of transit. Google Maps works well to get a ballpark idea.

Thank you,
John Yemma
Vanguard Realty
john@vanguard-realty.com
508.843.0085 direct
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Sun Nov 24, 2013
Mathew Ames answered:
Southie has seen slow growth in sale prices since the crash, but more properties are being snatched up to new owners at a higher rate. Take a trip through town and you will certainly see positive growth in rehabs as well as new buildings. The short return is minimal but I think it is a good long term bet. ... more
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Thu Mar 6, 2014
Michael Pallares answered:
Hi Karen,

I think that getting the opinion of a licensed appraiser is the best way to go.

While I don't want to discount the value of having a real estate agent evaluate the property, the safest/easiest means of getting the property's value is via an appraiser familiar with South Boston properties. Buying or selling a home within the same family can be emotionally trying so any steps you can take to make the pricing opinion as objective as possible is best.

Please feel free to contact me if you need any further advice during this process. You can reach me directly at (617) 899-3162 or via my website www.GoHomeWithMichael.com.

And good luck to you and your brother.
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Mon Jun 26, 2017
Linda S. Cefalu answered:
Dear Sabrina,

You would first need to find out what the taxes are yearly. Then we would need to know what your interest rate is (you would need to get at least a pre-approval to get that figure) . Then we need to know how much of a down payment you are planning to make in order to determine what your mortgage would actually be. If you don't have at least 20% down on a conventional loan there is another cost of PMI that comes into play.

May I suggest that you seek out a reputable real estate agent in your area to help you with this very important and specific answer that you are seeking?

Linda S. Cefalu, Remax Realty 100
Realtor, ABR, SRES, CDPE
Recipent Five Star Agent Aware
BNI member in good standing
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Sun Nov 24, 2013
Michael Sylvia answered:
Hey James,

My offices are actually in South Boston, so I am very familiar with the area. South Boston is great place to purchase if you are looking to be close to the Boston, public transportation, desire a good value, and there are many young professional people. There is an East side, and a West side. The East side is closer to the water & beach, and is more desirable for some people. The West side is closer to both the Andrew Square and Broadway train station. The cut off is Dorchester Street, which goes through South Boston starting at East & West 1st, and continuing down to Andrew Square. There is more development going on the West side, so you will see more luxury condo buildings there. If's difficult to explain in words. It would be easier for me to drive you around and explain it.

If you would like additional info, please email me directly at msylvia@theterriergroup.com. I would be more than happy to either assist you as a buyers agent or to answer some of your questions. There is also some good information on my blog at www.theterriergroup.blogspot.com

Thanks,

Mike
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Tue Aug 12, 2008
Dallas Texas answered:
GREAT QUESTION: Based on what you stated 37% pertains to ownership NEVER has anything to sq. ft. lender cant loan money if the ratio is off. Tax rolls shows who has the ownership for a condo property.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
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Thu Jun 12, 2008
Michael Giles answered:
Hi Kat,
Are you worried about a home that has these or are you worried about a home that doesn't? If you are looking at a home that already has a pump and drains then I would say that a previous owner has solved a problem for you. If you are thinking that a home should have these it would depend on the specific property. ... more
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