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Massachusetts Home Buyer Guide

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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

Low Inventory Did Not Stop Massachusetts First-time Homebuyers in 2018

Feb 8, 2019 9:09:11 AM

Despite tight inventory and rising home prices, Massachusetts first-time homebuyers made up more than a third of buyers statewide in 2018, the National Association of Realtors (NAR) reported recently.

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Topics: Real Estate Market, Massachusetts Association of Realtors, Real Estate Misc., National Association of Realtors

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

What is a Home Appraisal?

Oct 19, 2018 2:48:16 PM

Massachusetts homebuyers should understand why a lender orders a home appraisal and how it could affect the purchase of a home.

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Topics: Home-buying Tips, Real Estate Misc.

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

Homebuyers Motivated by Boston's 3rd Highest in Nation Rents

May 9, 2018 9:07:31 AM

The Boston rental market likely is encouraging more tenants to consider homeownership and braving the low inventory Boston area real estate market.

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

Do Massachusetts Homebuyers Want an Energy Scorecard?

Apr 13, 2018 9:15:55 AM

Massachusetts Governor Charlie Baker wants homeowners to provide an energy scorecard and rating to potential homebuyers. The Massachusetts Association of Realtors (MAR) does not like the proposed legislation. Whether homebuyers care one way or the other remains uncertain.

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Topics: Home-buying Tips, Massachusetts Association of Realtors, Real Estate Misc., Homeowner Tips

What Salary Do Homebuyers Need to Buy a Home in Boston?

Dec 28, 2017 9:19:27 PM

It's not news that real estate in the Greater Boston area is expensive. But how much money do you need to earn to afford a home? 

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Topics: Real Estate Market, Real Estate Misc., Boston Relocation

Do Massachusetts Homebuyers Pay For Oil Remaining in the Oil Tank?

Nov 27, 2017 11:47:16 AM

Nearly 30 percent of homes in Massachusetts are heated with oil, and homebuyers are often responsible to pay for any oil remaining in the oil tank at the time of closing. 

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

Will GOP Tax Plan Help Millennials Buy Their First Home?

Nov 22, 2017 10:02:04 AM

The National Association of Realtors (NAR) opposes it. The National Association of Home Builders is not a fan either. So why could a plan the NAR president calls an all-out assault on the middle class help Millennials enter the housing market?

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Topics: Real Estate Market, Massachusetts Home Prices, Real Estate Misc.

It's a Seller's Market, So Why Aren't Sellers Selling?

Nov 20, 2017 2:10:49 PM

It's a seller's market in the Greater Boston area, and it has been for several years. So why aren't sellers selling?

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

Since Home Prices are Up, Should You Buy Now or Wait?

Jul 16, 2017 4:57:34 PM

Over the past year or so, more and more homebuyers are asking whether it is a good idea to buy now because home prices in the Greater Boston area have increased for approximately five years. The short (and truthful) answer is, "It might not be a good idea to buy depending on your plans."

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

   

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