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Suffolk County : Real Estate Advice

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  • Home Buying4
  • Home Selling0
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Activity 981
Wed Apr 3, 2013
gloria cirolo answered:
Hi Luke, yes you do have issues especially finding a ton of nails in the back yard.
I would put it all in writing, and send to the landlord/property management company.
Also make certain you keep a copy for your records. If you have lease please read it
through and you will see that these matters need to remedied. I wish you the best!
... more
0 votes 3 answers Share Flag
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
... more
0 votes 12 answers Share Flag
Fri Mar 29, 2013
CH Naamad answered:
It is easy, but not recommended. Boston is a walkable city with a good public transportation system.
If you do not need a car, you can do without it easily.
0 votes 7 answers Share Flag
Sun Nov 24, 2013
Rafael Hernandez answered:
If you place the address on google and search amenities on google maps you should be able to see what amenities are near the location.
0 votes 9 answers Share Flag
Thu Aug 22, 2013
Jeff Stineback answered:
Hi cnaughton,

A good launching point may be to contact the local BPD and ask for a crime report on the neighborhood and specific street for that matter. As a local JP Realtor, I can personally tell you that Wyman St has been one of the more diversely active streets for housing sales over the past several years (and much of the surrounding neighboring streets as well). Many condo conversions, new construction single family/townhomes, and larger developments have enhanced the landscape with sustained values ranging from the $300's up into the $700's. There are also many future commercial/community developments in the Jackson Sq. neighborhood that are sure to enhance the overall living experience and help with lacking local community services. As for your investment in a condo there, Wyman St has some great tangible attributes: beautiful historic homes, quality newer construction, walk to Hyde and Jackson Squares, Centre St shops, Whole Foods, and many parks and the Orange Line T.

If you have any additional questions, feel free to get in touch with me any time.

Cheers.

Jeff

Jeff Stineback
Jamaica Plain Living &
Boston Real Estate Hub
Prudential Unlimited Realty
673 Centre St.
Boston, Ma 02130
Mobile: 617-947-0109
Office: 617-522-2200
Fax: 617-524-2090
... more
0 votes 3 answers Share Flag
Sun Mar 9, 2014
Rafael Hernandez answered:
I beleive you should be able to refinance but you definitely would want to talk to a mortgage lender. Each lender has different guidelines and you just want to make sure that you speak to a few of then so that you fully understand your options. ... more
0 votes 9 answers Share Flag
Wed Mar 20, 2013
CH Naamad answered:
Try to contact the loan holder and discuss some sort of arrangement with them to get you back on track.
There are government agencies that may here too. Please contact your city Gvt office for details.
Best of luck,
... more
0 votes 7 answers Share Flag
Fri Apr 26, 2013
Louis Wolfson answered:
As you know land is not depreciable. and typically and in high rise condo's the towns typically don't give the land a value. Therefore you can depreciate the entire value of the property. That said I would ask your accountant and you can only depreciate it if you rent the unit out as an investment. Remember when you sell you will have recapture. ... more
0 votes 2 answers Share Flag
Thu Mar 14, 2013
Mario Pavli answered:
It's about 5.7 miles.

Best Of Luck
0 votes 3 answers Share Flag
Tue Apr 1, 2014
Bill Eckler answered:
From what we have heard via this forum and other sources, would lead one to believe, that like so many other locations, Boston is a market in transition......
0 votes 16 answers Share Flag
Tue Mar 26, 2013
CH Naamad answered:
Buyer should always bring an ID at closing.
At closing, buyer pays off the balance of the purchase price, signs all the documents related to deed and mortgage, and get the keys to the property. ... more
0 votes 6 answers Share Flag
Mon Mar 11, 2013
Danielle O'Brien answered:
This question is a litte vague, but I'm tackling as if you are a buyer comparing various homes.

Besides price, factors such as insurance and taxes (escrow requirements) will fluctuate. So while the actual mortgage payment on the home is constant these could change yearly and therefore change your expected payment.

Also, if you are not putting 20% or more down on a home you may be required to make private mortgage insurance payments. This generally decreases slightly as you pay down the mortgage and not all loan programs require this (i.e., VA, MassHousing) so this is a variable cost as well.

And lastly, rates change daily and the amount of points or fees charged by lenders differs resulting in different APRs. So, this could be a variable in the actual end result payment.

To recap:

Price of Home
Interest rate on Mortgage / APR
Taxes
Insurance
PMI

Best of luck!

~ Danielle
... more
0 votes 4 answers Share Flag
Tue Mar 12, 2013
Rafael Hernandez answered:
Usually you want to contact the lender and explain the situation depending on what your issue is they may allow you to make a late payment.
0 votes 6 answers Share Flag
Tue Mar 12, 2013
Danielle O'Brien answered:
If you are the buyer, you are responsible for meeting certain deadlines - such as the mortgage commitment date. There will also be various financial documentation you will be expected to provide in a timely manner. I would discuss the entire process and your responsibilities with your current lender including important dates and turnaround times. Many times they can provide you with a list of what is to be expected so you can start gathering the documentation (tax returns, pay stubs, bank statements, etc.). ... more
0 votes 5 answers Share Flag
Wed Mar 20, 2013
Great Spaces Boston answered:
Assessed and list/sale value are different animals. Assessed values are solely for the purpose of taxation. Typically assessors use a desktop software to spit out a value based on sq feet, lot size, permits applied for, etc... It is done on the 1st of January for the upcoming fiscal year, in Boston the fiscal year runs July-June. So the assessed value you are seeing now was generated on Jan 1, 2012, over a year out of date.

Assessments do not take into account for style, layout and other "soft" characteristics that can add or subtract tremendous value on a property.
... more
0 votes 7 answers Share Flag
Sun Mar 17, 2013
CH Naamad answered:
Please refer to this mortgage broker. He is really good and can answer all your questions regarding mortgages and loans.
Rich Clayton
Vice President â—Š Senior Mortgage Planner
ǁ Direct 617.830.5265 ǁ efax 781.990.0269
www.Claytonmtg.com ǁ APPLY NOW! ǁ MLO454889
... more
0 votes 6 answers Share Flag
Wed Mar 20, 2013
Amy Mullen answered:
Good morning Sano,

I do have two options for you as I just recently assisted a buyer that experienced the same issue. Please message me and I will pass along the mortgage broker's contact info.

Amy
... more
0 votes 7 answers Share Flag
Wed Mar 20, 2013
Michael Suffoletto answered:
With a purchase mortgage you cannot take out more than the cost of the home to consolidate debt. There are renovation mortgages that allow you to borrow more than the home purchase price to update, expand, or make general improvements to the home. ... more
0 votes 10 answers Share Flag
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
0 votes 10 answers Share Flag
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