Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA

Is Buying a Condo a Good Investment in Massachusetts

Jan 19, 2023 8:42:32 AM

Whether or not buying a condo is a good investment or a good idea depends on your personal circumstances and your preferences in a home. There are several factors to consider.

Topics: Home-buying Tips, Condominium

What is a Special Assessment for a Condo? | HOA Fees

Feb 20, 2022 5:43:39 PM

One of the attractions of living in a condominium is the freedom from exterior maintenance, such as mowing lawns and cleaning pools. Community amenities like clubhouses and tennis courts offer additional recreation and entertaining options not always possible in a single-family home.

Topics: Home-buying Tips, Condominium, Real Estate Misc.

How to Buy a Condo in Massachusetts

Jan 26, 2022 12:45:00 PM

Buying a condominium in the Boston area or around Massachusetts can be a great home option, but there is much for homebuyers to consider before deciding which condo or townhouse is a smart choice. Finding the right condominium requires home buyers to do their due diligence. The following 12 questions to ask will help you make a well-informed decision, avoid potential pitfalls, and learn how to buy a condo in Massachusetts.

Topics: Home-buying Tips, Condominium

What Does It Mean When a Seller Pays Closing Costs in Massachusetts?

Jul 19, 2021 4:08:39 PM

For many Massachusetts first-time home buyers – and for move-up buyers who might have lost equity in their homes during a real estate downturn – the biggest obstacle to purchasing a home often is saving enough money for the down payment and closing costs.

Topics: Home-buying Tips, Condominium, Mortgages 101, Real Estate Misc.

HomeReady Mortgage is a Low Down Payment Option for Homebuyers

Dec 1, 2016 12:36:37 PM

Massachusetts first-time homebuyers year after year cite saving for a down payment as the biggest obstacle to buying a home; however, many potential homebuyers mistakenly believe they need to save enough money for a 20 percent down payment.

Topics: Home-buying Tips, Condominium, Mortgages 101, Loan Programs, Mortgage Rates & News

Is Freddie Mac's Home Possible Advantage Mortgage For You?

Aug 26, 2016 9:30:00 AM

Despite what many potential homebuyers are told by friends, family or acquaintances or learn from websites and other media, you do not need a 20 percent down payment to purchase a home.

Topics: Home-buying Tips, Condominium, Mortgages 101, Loan Programs, Mortgage Rates & News

What is a Mortgage Interest Rate Lock?

Aug 22, 2016 2:18:13 PM

For most Massachusetts homebuyers researching lenders and home loan programs, the mortgage interest rate is one of the most important factors in deciding which lender and/or loan program to use to finance the purchase of a home.

Topics: Home-buying Tips, Condominium, Mortgages 101

Massachusetts Condo Inventory Declines 60 Straight Months

Nov 29, 2015 8:13:21 AM

Looking for a condominium in Massachusetts? You're going to have to be ready when new listings in your desired location and price range hit the market.

Topics: Real Estate Market, Condominium

What is a Dual Agent in Real Estate?

Nov 16, 2015 8:48:58 PM

Massachusetts, New Hampshire, and Rhode Island Allow Dual Agency

Dual Agency is when a real estate agent represents both the seller and the homebuyer in the same real estate transaction. In such a case, that real estate professional is known as a dual agent.

Topics: Home-buying Tips, Condominium, Real Estate Misc., Real Estate Law

A Median Price of $1.8 million? Listen to the Real Estate Report

Nov 4, 2015 12:00:00 PM

The following audio [11:41] is about the latest Massachusetts real estate market data through September 2015. The data was compiled by both The Warren Group and the Massachusetts Association of Realtors and released October 27, 2015. Rich Rosa, co-founder and co-owner of Buyers Brokers Only, LLC, discussed the Greater Boston Area real estate market on Boston Herald Radio's BizSmart show on October 29, 2015.

Topics: Real Estate Market, Condominium, Massachusetts Association of Realtors, The Warren Group

Listen to the Latest Massachusetts Real Estate Market Report

Sep 30, 2015 10:30:54 PM

The following audio is about the latest Massachusetts real estate market data through August 2015 released by the Massachusetts Association of Realtors on September 29, 2015. Rich Rosa, co-founder and co-owner of Buyers Brokers Only, LLC, discussed the Greater Boston Area real estate market on Boston Herald Radio the same day the data was released.

Topics: Real Estate Market, Condominium, Massachusetts Association of Realtors, The Warren Group

Are Millennials Ditching the City?

Jan 26, 2015 6:03:00 AM

The prevailing wisdom in the real estate industry has been that Millennials would prefer living in the city longer and iving in smaller, urban spaces than previous generations; however, a new study has found Millennials, as a whole, just want a big place in the suburbs like everyone else.

Topics: Real Estate Market, Condominium, Real Estate Misc., New Construction