What is a Use and Occupancy Agreement?

Question: The listing sheet says: “Seller requires Use and Occupancy until January 7, 2022.” What does that mean? A Use and Occupancy Agreement is a contract that allows a seller to stay in the property after closing. Although there are templates online, my advice is to have an attorney write or review any Use and

By |2021-10-19T19:44:49-04:00October 20th, 2021|Categories: buying process, Legal questions|Tags: , , |

What Does an Insurance Agent Do When You’re Buying a Home?

Single-family home buyers need to purchase homeowner’s insurance shortly before they close. Some have never bought any insurance before. If that is your situation, what do you need to know? What to be ready to pay before closing Short answer: You will pay 15 months of homeowner’s insurance by closing day. For houses, lenders will

Our real estate advice through the end of 2021

Many of our clients read The Boston Globe for real estate news. In an October 4, 2021 article, entitled “(Some) good news for buyers in Boston’s (slightly) cooling housing market,” Zoe Greenberg gave some hope that the post-lockdown housing boom is showing signs of going back to the seller-favoring conditions we have had since the

By |2021-10-05T12:39:38-04:00October 6th, 2021|Categories: Buying trends, House Hunting, Market data and conditions|Tags: , , , , |

Home Disasters and Industrial Cleaning

Over the years, some of our clients have needed emergency services for different kinds of house disaster. Fortunately, full-blown fires are rare. Flooding definitely happens to our clients. Disaster: basement flood Most often water in the house is from broken pipes, washing machine overflows or intake line failure, or leaking hot water tanks. Every few

By |2021-09-26T15:41:34-04:00September 29th, 2021|Categories: Happy Home Ownership, Problems and repair|Tags: , , , , |

Realtors® Getting Woke

“Are you aware that when you send me a referral, you only send me Black people?” a Black Realtor® said to a white colleague. That was a wake-up call for that white person. In 2020, the National Association of Realtors® took a hard stand against hate speech, on and off the job, for members of

Making Two Offers on the Same Weekend: Bad Ideas in Real Estate

I am starting a new series: Bad Ideas in Real Estate These are ideas that I hear, either socially or from prospects or clients, that do not work. They are usually “tricks” that someone picked up online, or heard from someone they know. I start this series with a tactic that crossed my path this

The Summer is Waning. Time to Think About Heating

Even in the summer, buyers should think about heating. Why? Because a buyer can’t feel how well the system works once it is shut off for the season. Even when we test it during home inspection, it is not the same as when it is fighting the winds howling outside. This summer, there have been

WBUR, You Disappoint Me

Here we are in the middle of a pandemic and in the hot a humid part of the summer. What does WBUR do? It publishes a “scare the buyers into giving up their rights” article. It is seller propaganda. It is not helpful to buyers. The advice “for buyers” mostly serves the seller’s needs. What’s