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Massachusetts Home Buyer Guide

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Biden $10,000 Annual Tax Credit Plan Receives Praise, Criticism

Mar 14, 2024 1:57:26 PM

President Joseph Biden unveiled a comprehensive plan last week to reduce housing costs and make homeownership more accessible, particularly for first-time home buyers and low-income families.

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

When Do Home Buyers Make Their First Mortgage Payment?

Mar 2, 2024 5:26:43 PM

Embarking on your homeownership journey is an exciting milestone, but it also introduces new responsibilities, like making your first mortgage payment.

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Topics: Home-buying Tips, Mortgages 101, Real Estate Misc.

Flood Insurance 101: Essential Guide for First-Time Homebuyers

Mar 1, 2024 2:51:31 PM

In a recent episode of the NAEBA podcast "Listen Up Homebuyers," host Victoria Ray Henderson spoke with Jeff Jackson, Deputy Assistant Administrator for the Federal Insurance Directorate, who oversees flood insurance operations for FEMA's National Flood Insurance Program.

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Topics: Home-buying Tips, Real Estate Misc.

Boston Rents: Investor Heaven, Renter Hell

Feb 14, 2024 7:14:02 AM

A recent Boston Business Journal headline proclaimed, "Renters, beware: Boston ranks #1 in the U.S. for apartment investors." How do housing consumers fight back?

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Topics: Real Estate Market, Real Estate Misc.

Should You Buy a Home Without A Buyer Agent?

Nov 13, 2023 11:52:12 AM

While the desire to own a home is wise and exciting, embarking on your Massachusetts home-buying journey without a buyer agent is akin to venturing into a complex maze without a guide, potentially leading to costly detours and missed opportunities.

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Topics: Home-buying Tips, Real Estate Misc., first-time hombuyer

Navigating Home Warranty Contracts with Confidence in Massachusetts

Sep 20, 2023 12:32:51 PM

Purchasing a new home is a significant investment. Homebuyers should consider the total cost of home ownership, so protecting themselves from unexpected expenses is a reasonable concern.

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Topics: Home-buying Tips, Real Estate Misc.

Single-family Home vs. Condo: Which is Right For You?

Aug 29, 2023 6:47:35 PM

Are you a prospective first-time homebuyer trying to decide whether a condominium or a single-family home is best for your lifestyle?

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Topics: Home-buying Tips, Condominium, Real Estate Misc., first-time hombuyer

Waiving the Appraisal Contingency: What Home Buyers Should Consider

Jul 17, 2023 10:37:39 AM

In highly competitive real estate markets, home buyers often contemplate waiving essential contingencies to make their offers more attractive to sellers.

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Topics: Home-buying Tips, Real Estate Misc.

Indirect Hot Water Tanks: What Home Buyers Should Know

Jul 11, 2023 9:21:07 PM

Most prospective Massachusetts home buyers assume the tank near a home's heating system is a hot water heater, producing hot water for showers, washing clothes, or cleaning dishes. Most of the time, that's correct, but not always.

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Topics: Home-buying Tips, Real Estate Misc.

Buying a House With Solar Panels: What Home Buyers Need to Know

Jun 13, 2023 8:02:38 PM

As more homeowners look for ways to protect the environment and save money on energy costs, more prospective home buyers in Massachusetts will consider buying a house with solar panels installed.

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Topics: Home-buying Tips, Real Estate Misc.

What is Title Insurance in Massachusetts?

May 9, 2023 6:43:48 AM

When purchasing a home in Massachusetts, title insurance is one of the many expenses buyers are likely to incur at closing.

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

How Much Does Homeowners Insurance in Massachusetts Cost?

Apr 7, 2023 7:29:44 AM

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.

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Topics: Home-buying Tips, Real Estate Misc.

   

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