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Massachusetts Home Buyer Guide

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What is an Appraisal Gap Clause When Buying a Home?

Jul 20, 2022 10:10:36 AM

While the Boston area real estate market cooled off in the late spring and summer of 2022 compared to a year ago, multiple offers on desirable homes are still the norm. Prospective home buyers continue to look for ways to make their offers attractive to sellers. 

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Topics: Home-buying Tips, Real Estate Misc.

About Flood Insurance and How Much it Costs in Massachusetts

Apr 29, 2022 5:31:33 PM

Flooding is not only the most common natural disaster in the United States. It is also one of the most costly.

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

Homebuyers Should Assume Sellers are Watching and Maybe Listening Too

Apr 10, 2022 1:03:30 PM

For many of us, smart technology for the home has given us better efficiency, improved security, and more comfort in our everyday lives. 

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

No. 1 Tip For Massachusetts Home Buyers to Prepare for the 2022 Market

Mar 6, 2022 12:37:26 PM

Massachusetts home buyers gearing up to buy their first home this year need to know the number one tip to prepare for the 2022 real estate market. It's simple but critical for success. 

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

Homebuyers Ask, 'Will the Real Estate Market Crash in 2022?'

Feb 27, 2022 10:14:35 AM

After a decade of rising home prices in Massachusetts, it's not surprising prospective homebuyers are asking, "Will the real estate market crash in 2022?" 

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

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.

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

What Does Proration in Real Estate Mean to Massachusetts Homebuyers?

Feb 17, 2022 10:30:35 AM

Massachusetts home buyers are responsible for certain "prorated" items in addition to their down payment, closing costs, pre-paid interest, and escrowed taxes.   

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Topics: Home-buying Tips

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.

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Topics: Home-buying Tips, Condominium

Should Massachusetts Homebuyers Buy a Flipped Home?

Jan 24, 2022 7:56:59 PM

In real estate, a "flip," or "flipped home," is when a real estate investor purchases a home that typically is in some stage of distress, makes repairs to and updates the property, intending to resell it quickly to a homebuyer for a profit.

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Topics: Home-buying Tips, Real Estate Misc., first-time hombuyer

Massachusetts Homebuyers Should Know About Accessory Dwelling Units

Dec 23, 2021 2:53:10 PM

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

Massachusetts Homebuyers Regret Waiting Too Long to Prepare to Buy

Dec 6, 2021 4:45:00 PM

An unfortunate scenario repeatedly occurs every weekend in the Greater Boston area.  It plays out something like this. 

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Topics: Home-buying Tips, Real Estate Misc.

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.

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

   

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