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In addition to the down payment, homebuyers need to pay closing costs. Closing costs are the collection of fees, expenses, and charges associated with purchasing a home with a mortgage loan.
(978) 835-5906 
(978) 835-5906
Oct 17, 2015 4:08:57 PM
In addition to the down payment, homebuyers need to pay closing costs. Closing costs are the collection of fees, expenses, and charges associated with purchasing a home with a mortgage loan.
Topics: Home-buying Tips, Mortgages 101, Real Estate Misc., Massachusetts Relocation
Sep 8, 2015 7:04:52 PM
The following audio (set to video) is from an interview on June 4, 2015 on Boston Herald Radio's The Money Show with host Rick Shaffer. Rick Shaffer has hosted The Money Show on various Boston area radio stations for more than 20 years. Buyers Brokers Only, LLC's co-founder and co-owner Rich Rosa discussed the history of Buyers Brokers Only, LLC; the difference between a designated buyer agent and an exclusive buyer agent; the Greater Boston Area real estate market; the importance of retaining a real estate attorney; the pitfalls of attending open houses without a buyer agent and other home-buying tips. Listen to all of Rich's appearances on Boston Herald Radio.
Topics: Real Estate Market, Home-buying Tips, Real Estate Law, Video
Jul 2, 2015 7:10:01 AM
Some potential Massachusetts home buyers may be sitting on the real estate sidelines because of misconceptions about what it takes to secure a home loan, according to a recent survey by Wells Fargo and Ipsos Public Affairs.
Topics: Home-buying Tips, Mortgages 101
May 30, 2015 8:50:39 AM
The following audio (set to video) is from an interview on February 27, 2015 on Boston Herald Radio's The Money Show with host Rick Shaffer. The Money Show has been on various Boston area radio stations for more than 20 years. Buyers Brokers Only, LLC's co-founder and co-owner Rich Rosa discussed the history of Buyers Brokers Only, LLC; the difference between a designated buyer agent and an exclusive buyer agent; the real estate market; mortgage programs; and other home buyer tips.
Topics: Real Estate Market, Home-buying Tips, Video
Apr 16, 2015 7:30:00 AM
It's not easy for first-time home buyers to save for a down payment, closing costs and the reserves their lender will require they have in their bank accounts after closing. It's especially difficult in the Greater Boston Area.
Topics: Home-buying Tips, Real Estate Misc., Boston
Apr 13, 2015 5:54:38 AM
When it comes to buying a home – and making other important decisions in life – it's not what you don't know, it's what you don't know you don't know that should worry you. There are plenty of potential pitfalls Massachusetts home buyers need to be aware of and avoid. The following are just three common Massachusetts home-buying mistakes to know about.
Topics: Home-buying Tips, Mortgages 101, New Construction
Apr 9, 2015 10:43:06 AM
Boston has been in the news lately for its ranking as the third most walkable city in the United States, but ditching the car and living in the city probably isn't a home buyer's least expensive option.
Topics: Real Estate Market, Home-buying Tips, Real Estate Misc., Braintree MA, Boston, Andover MA, South End MA, Newburyport MA, Back Bay
Feb 21, 2015 7:39:00 PM
Several first-time home buyer programs require borrowers obtain a home-buying certificate in order to qualify for the loan program. MassHousing requires borrowers to participate in a home buyer class and obtain a certificate of completion in order to buy a home with one of its mortgages.
Topics: Home-buying Tips, Mortgages 101, Loan Programs
Jan 12, 2015 7:23:00 AM
Many potential Massachusetts home buyers may have heard the recent news that the Federal Housing Administration (FHA) reduced cost of private mortgage insurance (PMI), but there are two other important things to know about PMI as it applies to FHA mortgages.
Topics: Home-buying Tips, Mortgages 101, Loan Programs, Mortgage Rates & News
Jan 2, 2015 7:52:02 AM
Home buyers have various wants and needs important to them when purchasing a home. With gas prices above $3 per gallon, living within walking distance of public transportation has been an increasingly popular priority for Massachusetts home buyers over the past few years.
Topics: Home-buying Tips, Real Estate Misc.
Dec 15, 2014 8:07:00 PM
The real estate media, as well as many real estate bloggers, have been buzzing about the announcement that Fannie Mae and Freddie Mac will now offer first-time home buyers conventional mortgages with only a 3 percent down payment, but in Massachusetts home buyers already have two options for low down payment mortgages.
Topics: Home-buying Tips, Mortgages 101, Mortgage Rates & News
Dec 7, 2014 7:36:00 PM
No home buyer wants to pay mortgage insurance (MI), commonly referred to as private mortgage insurance or PMI, but saving enough money for a 20 percent down payment to avoid PMI, especially in the high-cost Boston area real estate market, is easier said than done.
Topics: Home-buying Tips, Mortgages 101
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