Massachusetts Home Buyer Guide

The cost of homeowners insurance in Massachusetts varies depending on several factors, including the value of your home, the coverage, the deductible, and the insurance company you choose. The average cost of homeowners insurance in Massachusetts is $1,320 per year, according to NerdWallet. That's 27 percent less than the national average of $1,820.

Whether you're a first-time home buyer, moving to Massachusetts, or you last purchased a home several years ago, you will want to educate yourself on the current state of the Massachusetts real estate market. 

When purchasing a home, it's essential to ensure that the property is in acceptable condition and free from any unexpected defects that could cost you significant money after closing. 

A recent article in the Wall Street Journal suggested that home sellers might want to have their homes inspected before listing them for sale because knowing the property's condition might help with the sale. 

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. 

A plot plan is a detailed drawing of a piece of real estate that shows the property's boundaries, any structures on the property, and the property's location in relation to the surrounding area.

At a home inspection, a listing agent commented that home inspectors just scare homebuyers, and he said he was recommending to his homebuyer clients that they just hire a contractor. Don't do it! That's terrible advice.

Homebuyers must protect themselves and their investment – specifically, their earnest money deposits – by including contingencies in their real estate contracts. 

An exclusive buyer agent is a real estate agent who represents only buyers' interests in real estate transactions. 

There is a popular saying in real estate: "All real estate is local." To a large extent, that is true. Demand, which largely dictates median sale price, inventory, and other market conditions - varies from community to community.

Prospective homebuyers in Massachusetts have a lot to consider when deciding on a home, and one of those considerations is whether there are any real estate easements affecting the land.

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.