What is a walk through? Why do you need one? A walk through A walk through is the visit that you take to the house or condo after the current tenants or sellers move out. You do this to confirm that they have moved all their stuff out, left everything that is attached to the
The Boston Globe published this about the pressure buyers have been facing when making an offer on real estate in eastern Massachusetts. That was in 2021. It is looking like the pressure will be lifting in 2024 into 2025. The market: When the housing shortage and high demand gave sellers more offers to choose from,
It used to be that bidding wars were clustered in the spring, but bidding war season seems to go all year round now. Until the local housing shortage ends, bidding wars will be with us. However, there is a silver lining to this situation: when a house does not sell quickly, the price becomes more
Agents who know 4 Buyers Real Estate know that our clients are well informed and are unlikely to withdraw from the transaction without cause. Since withdrawal rates are up, this matters. Agents who know us, know that if our lender says there will be no problems, there will be no problems. We have had lower-down
It happens almost every year. Sometime in winter, buyers come to us thinking they might get a leftover/mismarketed property for a good price. Or they come in, excited, to get a jump on the spring market. Sometimes this leads to great results. There will be some properties that didn’t sell in the fall where the
Mortgage pre-approval is needed in order to make an Offer in our area. Anyone without a pre-approval appears disorganized, at best, and is likely to be written off by a seller as not worthy of consideration, at worst. The first question from a seller or seller’s agent about an offer is “How much?” The second
There is a logic to the way the lenders choose who can borrow for a mortgage. Since 2014, mortgage loans have had standard guidelines that require that any mortgage borrower be able to prove that they can repay their loan. Lenders document income, but also debt. How you have been handling debt will affect your
Even though it isn’t winter yet, housing prices begin to drop this time of year. Winter is a bargain-hunter’s paradise, but it is also house-hunting hell. Between Thanksgiving and Martin Luther King Day, demand dries up, but so does inventory. The drain on demand is usually higher than the drain on supply. Sellers who can
"If I don’t waive my mortgage contingency, I won’t get a house, right?" Wrong! Every 4 Buyers Real Estate client has either had a mortgage contingency, or they had funds to close without a mortgage. We believe the risk of losing 5 percent of a home purchase price is too high a risk. Our agents
As buyer’s agents, we work with a lot of household formation. We also find ownership opportunities for new households, and established ones. Household formation is the term for the point in life when a person leaves one household and sets up their own household. Happy Mother’s Day! The biggest reason that households change their living