Buying

Buying Mortgage Rates Have Doubled. What Does This Mean? Rates have doubled.  I have had both Sellers and Buyers concerned about the recent increase in interest rates.  Buyers are concern because the recent increase of almost 300 basis points (or 3 percentage points) has added hundreds of dollars to the average monthly payment and can kick them into a lower price range or out […]
Buying I’M NOT AN ECONOMIST….BUT I DON’T SEE A HOUSING BUBBLE Home prices have been on a tear the last 18+ months and even with the increase in interest rates over the last six months – almost two whole percentage points – from 3.5% to 5.5% has yet to take steam out of home price appreciation. First, we need to place some definition around the term […]
Buying Getting Your Offer Accepted   What can a Buyer do in a heated real estate market where multiple offers are common?  How can you make your offer standout?  Price is always paramount.  If you make an offer above what the comparable sales support, you are entering into the realm of an emotional purchase.  What if you can’t or won’t […]
Buying Lesser Known Massachusetts Residential Tax Credits While Energy rebates are well known and tax credits for Solar are also well known, the tax credits for Lead Paint Removal and for Septic Repair or Replacement are not as well known. Lead Paint Removal – Bottom line, lead paint is dangerous, especially to children.   Much of our housing stock was built prior to […]
Buying WHAT IS IN A CONDO FEE To start….buying a condominium can be a great way to get more square footage compared to a single family home, although in the Greater Boston housing market, condominiums can be just as expensive as a single family home and have equivalent square footage. Condominiums are appealing for those who want maintenance-free living.  In the end, […]
Buying SHOULD YOU WAIVE THE HOME INSPECTION? The market around Metro West Boston is starting to heat up again in certain price segments.  And, bidding wars are starting to emerge again in those certain price segments.  And, Buyers are starting to drop some contingencies when making offers.  So, should a Buyer waive the Home Inspection?  The sort answer is NO.  Unless the […]
Buying WHAT EXACTLY IS A CHEF’S KITCHEN? Often you see listings that describe the Kitchen as being a Gourmet Kitchen or as being a Chef’s Kitchen.  What exactly does this mean?  Real Estate Agents have a knack for using descriptive wording.  Too often, these words are used to describe a Kitchen that is perfectly nice, updated, and looks great – but falls […]
Buying WHY YOU SHOULD USE A BUYER’S AGENT Today we tend to do everything on the internet. The internet is an excellent source of information and a great starting point. It can’t replace the knowledge of a skilled professional.  After reading a few articles, you might be lead to believe you can buy a house by yourself using the internet or some other […]
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