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Massachusetts Home Buyer Guide

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Real Estate Easements: What Massachusetts Homebuyers Should Know

Aug 10, 2022 2:56:21 PM

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.

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

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

Do Massachusetts Home Buyers Pay Taxes When Buying a Home?

Apr 6, 2021 5:42:00 AM

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

Canton, MA Real Estate Market: 10 Things Homebuyers Should Know

Feb 26, 2021 7:53:45 AM

The Canton, Massachusetts real estate market saw relatively modest single-family home price gains in 2020, while condominium prices jumped double digits.

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Topics: Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Dedham MA, Haverhill MA, Real Estate Law, Wakefield MA, Acton MA, Canton MA, Waltham MA

The Loan Application Deadline is Important to Massachusetts Homebuyers

Nov 24, 2019 8:58:21 PM

Massachusetts has two "offer to purchase" real estate forms commonly used by real estate professionals.

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Topics: Home-buying Tips, Massachusetts Association of Realtors, Real Estate Misc., Real Estate Law, Greater Boston Association of Realtors

What Does a Suitable Housing Contingency Mean for Homebuyers?

Sep 7, 2019 5:06:56 PM

Sometimes a Massachusetts homebuyer will see language in an MLS listing that indicates a seller needs or wants a "suitable housing contingency."

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Topics: Home-buying Tips, Real Estate Law

What is a 'Perc' Test When Buying Land in Massachusetts

Jan 15, 2019 1:49:00 PM

When a Massachusetts homebuyer purchases land to build a new construction home that will need a septic system, a percolation test, commonly referred to as a "perc" test, must be completed to determine the design of the septic system

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Topics: Home-buying Tips, Real Estate Misc., Real Estate Law, New Construction

5 Lead Paint Questions Answered for Massachusetts Homebuyers

Oct 18, 2018 3:40:10 PM

Massachusetts and federal laws have required the disclosure of lead paint for more than 20 years. Many homes built before 1978 have paint that contains high levels of lead from lead-based paint.

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

Should Homebuyers Worry About the New Closing Disclosure Rules?

Dec 27, 2015 7:00:00 AM

Not since Y2K have so many predicted such great disruption and chaos in our lives.

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Topics: Home-buying Tips, Mortgages 101, Mortgage Rates & News, Real Estate Law

What is a Dual Agent in Real Estate?

Nov 16, 2015 8:48:58 PM

Massachusetts, New Hampshire, and Rhode Island Allow Dual Agency

Dual Agency is when a real estate agent represents both the seller and the homebuyer in the same real estate transaction. In such a case, that real estate professional is known as a dual agent. 

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

Greater Boston Area Real Estate Radio

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 

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Topics: Real Estate Market, Home-buying Tips, Real Estate Law, Video

Loan Commitment Date Critical For Massachusetts Home Buyers

Jul 31, 2014 5:33:00 PM

Massachusetts homebuyers need to thoroughly understand the importance of the loan commitment date when purchasing a home and how failing to do so may result in the loss of their deposits.

The failure of a home buyer to receive a clean loan commitment letter, extend the loan commitment deadline or to terminate the contract with the seller before the loan commitment deadline passes puts him or her in jeopardy of losing deposits made at the time the offer to purchase and purchase and sale agreement were signed. For many home buyers, these deposits total 5 percent of the purchase price of the home they intend to purchase. 

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

   

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