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Massachusetts Home Buyer Guide

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Understanding Buyer Agency Agreements: A Guide for Homebuyers

Oct 12, 2024 7:54:01 AM

If you're embarking on your home-buying journey and want a buyer agent to help navigate the process, you must sign a written buyer agency agreement.

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Topics: Home-buying Tips, Real Estate Misc.

What Does the NAR Settlement Mean for Boston Area Home Buyers?

Sep 20, 2024 11:41:44 AM

Journalists and others have written many articles about the settlement between the National Association of Realtors (NAR) and plaintiff attorneys regarding commissions.

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Topics: Home-buying Tips, Real Estate Misc., National Association of Realtors

Why First-time Homebuyers Should Consider Rehab Loans

Sep 4, 2024 9:26:19 PM

A rehabilitation loan allows home buyers to purchase a home that may need repairs or renovations and bundle the costs of those improvements into their mortgage.

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

Expect More ADUs Near You

Aug 19, 2024 10:39:44 AM

Massachusetts homeowners and prospective home buyers should expect to see thousands more accessory dwelling units (ADUs) in neighborhoods throughout the state in the coming years after the signing of a new law.

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Topics: Home-buying Tips, Community Information, Real Estate Misc., Real Estate Law, Homeowner Tips

Massachusetts Homebuyers Should Know About Accessory Dwelling Units

Aug 16, 2024 10:06:01 AM

An accessory dwelling unit (ADU) is not a new concept.  ADUs have been around in some form in the United States for nearly as long as housing. 

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

MA Legislature Prohibits Waiving Home Inspections

Aug 9, 2024 4:39:16 PM

The Massachusetts House of Representatives and Senate agreed on a final $5.16 billion housing bond bill that included Senate language prohibiting offers to purchase a home conditioned on a home buyer waiving or limiting their rights to a home inspection.

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Topics: Home-buying Tips, Massachusetts Association of Realtors, Real Estate Misc.

Boston Area Multiple Listing Service (MLS). What is it?

Jun 20, 2024 2:38:07 PM

Ever wondered how thousands of homes magically appear on real estate websites? The answer lies in a powerful tool called the Multiple Listing Service (MLS). But what exactly is the MLS, and how does it benefit everyone involved in a real estate transaction?

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Topics: Home-buying Tips, Real Estate Misc.

Open House Trap: Don't Fall for Smiles When Buying Boston Area Homes

May 2, 2024 5:44:19 PM

Spring has sprung, and the Greater Boston real estate market is blooming. While open houses might seem like a delightful way to spend a sunny afternoon browsing potential homes, there's a hidden danger lurking behind those charming smiles – a conflict of interest. 

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

Biden $10,000 Annual Tax Credit Plan Receives Praise, Criticism

Mar 14, 2024 1:57:26 PM

President Joseph Biden unveiled a comprehensive plan last week to reduce housing costs and make homeownership more accessible, particularly for first-time home buyers and low-income families.

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

When Do Home Buyers Make Their First Mortgage Payment?

Mar 2, 2024 5:26:43 PM

Embarking on your homeownership journey is an exciting milestone, but it also introduces new responsibilities, like making your first mortgage payment.

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

Flood Insurance 101: Essential Guide for First-Time Homebuyers

Mar 1, 2024 2:51:31 PM

In a recent episode of the NAEBA podcast "Listen Up Homebuyers," host Victoria Ray Henderson spoke with Jeff Jackson, Deputy Assistant Administrator for the Federal Insurance Directorate, who oversees flood insurance operations for FEMA's National Flood Insurance Program.

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Topics: Home-buying Tips, Real Estate Misc.

Despite Tight Inventory, Competition for Homes Eases a Bit

Nov 29, 2023 8:55:16 AM

The competition for homes in Massachusetts appears to have eased a bit during the first 10 months of 2023 despite the decline in real estate inventory.

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Topics: Real Estate Market, Home-buying Tips, Massachusetts Home Prices, Mortgage Rates & News

   

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