One of the costs Massachusetts homebuyers will incur during the home-buying process is homeowners insurance, which is often referred to as hazard insurance. Although you might be focused on a multitude of other costs associated with purchasing a home, homeowners insurance is vitally important to protect you from damage to or the total loss of your home.
more
Topics:
Home-buying Tips,
Real Estate Misc.
A common concern among potential homebuyers shopping for a mortgage is that multiple credit inquiries will negatively affect their credit score. It's not exactly true and has been perpetuated by some mortgage professionals who want to discourage potential borrowers from shopping around.
more
Topics:
Home-buying Tips,
Mortgages 101
Whether you are new to the city or planning a move to Boston, you need to know how to get around. This means having knowledge of Boston public transportation, the Massachusetts mass transit system, and its various options. Homebuyers moving to Boston and considering which city or town to live in are going to want to learn the letters MBTA.
more
Topics:
Home-buying Tips,
Massachusetts Relocation,
Boston Relocation
So you’ve already made the decision to move to Massachusetts, but where in Massachusetts? There are a number of things to consider when relocating, and there is a place for every lifestyle. Massachusetts arguably is split into six main areas:
more
Topics:
Home-buying Tips,
Massachusetts Relocation,
Boston Relocation
What is exclusive buyer agency? It does not have anything to do with a contract you might sign that requires you to work exclusively with a real estate brokerage or agent. It has everything to do with whether your buyer agent is able to provide 100 percent loyalty to you, the homebuyer, avoiding conflicts of interest common with traditional real estate firms.
more
Topics:
Home-buying Tips
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.
more
Topics:
Home-buying Tips,
Condominium,
Mortgages 101,
Loan Programs,
Mortgage Rates & News
For most Massachusetts, New Hampshire, and Rhode Island 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.
more
Topics:
Home-buying Tips,
Condominium,
Mortgages 101
There is a lot to know and understand about mortgage loans when you're a first-time homebuyer. There also are a lot of mortgage misconceptions, but the following are four of the more common myths about getting a home loan Massachusetts homebuyers should know.
more
Topics:
Home-buying Tips,
Mortgages 101
If you are considering the purchase of a home, you're likely aware of the importance of obtaining a mortgage loan. What you might not be aware of is that what may seem like routine financial moves can derail the home loan process and prevent you from buying a home.
more
Topics:
Home-buying Tips,
Mortgages 101
Massachusetts first-time home buyers who fall into the low- to moderate-income category will want to consider the "ONE Mortgage" loan program from the Massachusetts Housing Partnership.
more
Topics:
Home-buying Tips,
Mortgages 101,
Loan Programs
The real estate industry has a lot of jargon that often is confusing to homebuyers. For example, it's not unusual for Massachusetts first-time homebuyers to confuse appraised value, assessed value and, most importantly, fair market value.
more
Topics:
Home-buying Tips,
Video