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Home Buying in Winchester : Real Estate Advice

  • All38
  • Local Info3
  • Home Buying12
  • Home Selling1
  • Market Conditions1

Activity 13
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
0 votes 5 answers Share Flag
Sun Jan 20, 2013
Rich Homer answered:
Best next action is to ask a local Real Estate Broker by clicking "Find a Pro" in the main menu at the top of this website.
0 votes 11 answers Share Flag
Fri Jan 4, 2013
Richard Shapiro answered:
Winchester is a fairly small town. As for schools are you looking for public or private?
0 votes 13 answers Share Flag
Sat Apr 7, 2012
Sally Grenier answered:
In Colorado, the MLS gives the listing agent the opportunity to say if all bedrooms "conform" or not. Not sure about MA, but just because a bedroom isn't conforming doesn't make it illegal. Is it possible your agent missed the part that says not all bedrooms conform? Do you really need 5 conforming bedrooms? For example, if one is going to be used as an office, then is it really that necessary to make sure it's conforming? In the future, make sure your agent asks the listing agent if all bedrooms conform. ... more
0 votes 18 answers Share Flag
Mon Jun 6, 2011
Mack McCoy answered:
They don't seem to have any, Katherine; they're looking to buy with low prices and low interest rates!
0 votes 8 answers Share Flag
Thu Oct 4, 2012
Tom and Joanne Team answered:
Why would you do something like that? You almost certainly would diminish the value.
0 votes 7 answers Share Flag
Tue Mar 13, 2012
Lew Corcoran answered:
This is my opinion and is not legal advice. You should always seek competent legal advice. That being said....

In order for a contract to be valid, there must be three elements: 1) the parties must be in agreement as to what constitutes an acceptable offer; 2) the agreement must be in writing and signed by all parties (verbal and unsigned agreements don't hold water in a court of law); and 3) something of value must be given in consideration (i.e., earnest money deposit). In Massachusetts, a signed Offer to Purchase by both parties can constitute a valid binding agreement, even if the Purchase and Sale Agreement is not yet signed.

However, given the scenario provided above, all you did was accept an offer by e-mail. But, it lacks an agreed upon price. So, if there is no price, how can you accept an offer? It appears that there is no agreement, there's nothing signed by either party, and nothing was given in consideration. Thus, I am of the opinion that you do not have a legally binding contract.

Again, seek competent legal advice.
... more
0 votes 5 answers Share Flag
Mon Feb 15, 2010
Andrew Adams answered:
Had breakfast at the swanton street Diner this morning..It's Winchester but it's not the best part of Winchester. The Transfer Station/Dump is around the corner and the high school is up the street. ... more
0 votes 6 answers Share Flag
Tue Dec 15, 2009
Bob Tanski answered:
Well that is a tough question. What are you comparing this property with. It is a condo/townhouse. Are you comparing it against other condo properties or single families? etc.

You said you've been looking at this property. Does that mean you've been in it? If you been in it, are you working with a Realtor? If so, these are good questions for him.

If you are not working with a Realtor, you should contact one.
... more
0 votes 6 answers Share Flag
Tue Jun 7, 2011
Massachusetts Real Estate answered:
Hi Mark,

I would be very careful when considering any of the condos at Parkview. Some of the units have been redone and look nice for sure, and the prices are obviously very appealing but please get a buyer agent to represent your best interests and perform due diligence in researching the history of the building, condo association, etc. I am happy to provide more specifics if you would like to contact me directly. Best of luck. ... more
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Tue Apr 8, 2008 answered:
According to the MLS data, in the last 2 years (april 8, 2006- april 8, 2008) 19 1 bedroom units have sold in the complex.

The prices have varied between $220-$260/square feet (about $140,000 - $162,000) depending on the condition of the unit (upgraded with hardwoods, new kitchen, etc) and floor level , and I would say in the last year the prices have dropped about $10/square foot, so not drastic but declining. My guess, right now, you might be able to get an upgraded unit in the $150,000-155,000 range as opposed to the $160,000-165,000 range seen in previous years. You may also be able to get a unit in need of some upgrades in the low $140,000's and add value to it over the next couple years by upgrading kitchen and taking out carpeting.

For example this one ... After looking at the comp's it should be priced around $142,000:

Looks like there are a couple deals that you might be able to get as the other 4 1 bedrooms on the market right now have been sitting for a while. You could try coming in with a low ball offer and see what happens. It's your - buyer - market so you never know:
... more
0 votes 1 answer Share Flag
Fri Feb 1, 2013
Brecht Palombo answered:
No. "Stigma" items like you are talking about need not be disclosed unless you specifically ask the question. Murders suicides, ghosts and whatnot are not required disclosures.
0 votes 14 answers Share Flag
Mon Jun 6, 2011
Brecht Palombo answered:
Where you live has only to do with your lifestyle and your ability to afford - market timing should not have anything to do with where you live. If you want to upgrade in Winchester the only financial considerations are- how long are you going to be in your next place and do you have enough equity to move - rates are outrageously good so if you have equity and you WANT to move its not a bad time to do so. The lower price that you will get on your home will be reflected in your buy as well ... more
0 votes 14 answers Share Flag
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