Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA

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.

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.

Topics: Home-buying Tips, Real Estate Misc.

What Homebuyers Need to Know About a Plot Plan in Real Estate

Jan 17, 2023 10:33:49 PM

A plot plan is a detailed drawing of a piece of real estate that shows the property's boundaries, any structures on the property, and the property's location in relation to the surrounding area.

Topics: Home-buying Tips, Real Estate Misc.

Rising Home Prices Resulted in Fewer First-time Homebuyers

Nov 16, 2022 7:31:11 PM

A national annual survey showed rising home prices made it difficult for first-time homebuyers to purchase a home between July 2021 and June 2022.

Topics: Real Estate Market, Real Estate Misc., first-time hombuyer

5 Ways Buying a Home in New Hampshire is Different From Massachusetts

Aug 15, 2022 2:10:00 PM

There is a popular saying in real estate: "All real estate is local." To a large extent, that is true. Demand, which largely dictates median sale price, inventory, and other market conditions - varies from community to community.

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

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.

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

What is an Appraisal Gap Clause When Buying a Home?

Jul 20, 2022 10:10:36 AM

While the Boston area real estate market cooled off in the late spring and summer of 2022 compared to a year ago, multiple offers on desirable homes are still the norm. Prospective home buyers continue to look for ways to make their offers attractive to sellers.

Topics: Home-buying Tips, Real Estate Misc.

About Flood Insurance and How Much it Costs in Massachusetts

Apr 29, 2022 5:31:33 PM

Flooding is not only the most common natural disaster in the United States. It is also one of the most costly.

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

Homebuyers Should Assume Sellers are Watching and Maybe Listening Too

Apr 10, 2022 1:03:30 PM

For many of us, smart technology for the home has given us better efficiency, improved security, and more comfort in our everyday lives.

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

Average U.S. Mortgage Interest Rates Rapidly Rising

Mar 23, 2022 10:18:55 AM

The average rate for a 30-year, fixed-rate mortgage hit 4.72 percent on Tuesday, March 22, 2022, moving 26 basis points higher since Friday, according to Mortgage News Daily.

Topics: Real Estate Misc., Mortgage Rates & News

No. 1 Tip For Massachusetts Home Buyers to Prepare for the 2022 Market

Mar 6, 2022 12:37:26 PM

Massachusetts home buyers gearing up to buy their first home this year need to know the number one tip to prepare for the 2022 real estate market. It's simple but critical for success.

Topics: Home-buying Tips, Loan Programs, Real Estate Misc.

Homebuyers Ask, 'Will the Real Estate Market Crash in 2022?'

Feb 27, 2022 10:14:35 AM

After a decade of rising home prices in Massachusetts, it's not surprising prospective homebuyers are asking, "Will the real estate market crash in 2022?"

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