When a homebuyer buys a home, the mortgage lender will want to know whether the house, condominium, or multi-family home is worth the amount of money the homebuyer has agreed to pay. The lender needs to evaluate the home to discover anything that might negatively or positively impact the home's fair market value. To determine a home's value, lenders order a home appraisal.
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Topics:
Home-buying Tips
No, Massachusetts home buyers do not pay taxes on the purchase of real estate, but home sellers do pay something called tax stamps.
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Topics:
Home-buying Tips,
Real Estate Misc.,
Massachusetts Relocation,
Real Estate Law,
Boston Relocation
A buyer agent should never recommend homebuyers waive their home inspection; however, homebuyers have an option to make their offer more appealing without completely giving up their ability to have the property inspected.
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Home-buying Tips
What is the recipe for those 11 herbs and spices? How does that cola taste that way? How did they come up with my credit score?
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Topics:
Home-buying Tips,
Mortgages 101,
Real Estate Misc.
Massachusetts homebuyers should understand their debt-to-income ratio when applying for a mortgage loan because it is one way in which lenders measure your ability to manage monthly mortgage payments.
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Topics:
Home-buying Tips,
Mortgages 101,
Loan Programs
Then-candidate and now president-elect Joe Biden proposed several housing initiatives, including a first-time homebuyer tax credit "up to" $15,000.
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Topics:
Real Estate Market,
Home-buying Tips,
Real Estate Misc.,
first-time hombuyer
Many prospective homebuyers are surprised to learn the home they are touring uses propane gas to fuel the furnace or boiler.
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Topics:
Home-buying Tips
It's peculiar and, at the same time, somewhat amusing and sad, to watch people dressed as burglars, donning masks, gloves, and shoe booties, tentatively walking through homes for sale.
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Topics:
Real Estate Market,
Home-buying Tips
Not enough cash for a down payment? That may not be an obstacle to homeownership for qualified Massachusetts first-time homebuyers.
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Topics:
Home-buying Tips,
Community Information,
Mortgages 101,
Loan Programs,
Haverhill MA,
Lowell MA,
Melrose MA,
Peabody MA,
Salem MA,
Mansfield MA,
Lynn MA,
Taunton MA,
Everett MA,
Worcester MA,
Malden MA,
Lawrence MA,
Revere MA
First, let's start by stating the obvious. The health of homebuyers, sellers, real estate agents, their families, and others in the real estate industry is what's most important. It's wise to take precautions and put staying healthy first and foremost.
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Topics:
Real Estate Market,
Home-buying Tips,
Real Estate Misc.,
Mortgage Rates & News
When we choose a car to buy, a career to pursue, a job to take, or a partner to spend a lifetime with, we want to make the right decision. We know it isn't possible, but we still want a straightforward roadmap to a successful outcome.
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Topics:
Real Estate Market,
Home-buying Tips,
Real Estate Misc.