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buying process

Avoidable Problems: How a Walkthrough Protects Buyers

Sometimes, we hear stories from people who planned on using our services but then wandered into an open house and found themselves represented by the person at the open house. This happened to someone Dave knew, recently. By the time Dave found out about it, it was too late. The agent who “represented” these buyers

By |2019-11-11T11:28:58-05:00December 4th, 2019|Categories: buying process, Dave|Tags: , , , |

Renovated Houses and Condos: Advice For Buyers and Sellers

Hello buyers! The National Association of Realtors® studies which renovations will excite you into spending more for your next house or condo. What will buyers pay a lot for, and what falls in the “nice to have” but does not add cash to the seller’s pockets? The defense, for you as buyers, is to keep

By |2019-10-07T11:47:04-04:00October 23rd, 2019|Categories: buying process, Problems and repair|Tags: , , , , , |

The end of bidding wars?

The Boston Globe published an article about the possibility of a slow-down in local real estate. “... houses are taking longer to sell, and when they do, they’re more likely to sell below listing price than they did a year ago. Also, the number of homes on the market, particularly condominiums, is up. The market

Saving on Private Mortgage Insurance (PMI)

Recently, my car insurance nearly doubled. No, I didn’t have an accident or get a ticket. I was up for annual renewal, and the algorithm at the company changed. My heads-up insurance agent noticed the change and moved me to another company. With the change, this year’s car insurance will be about $150 less than

By |2019-08-20T12:16:26-04:00August 14th, 2019|Categories: buying process, Mortgage matters|

What is PMI and why do you have to pay it?

Private mortgage insurance (PMI) is an additional fee that borrowers who don’t have a 20 percent down payment must pay. It insures the lender, not the borrower. The lender’s costs to foreclose and resell the property could be more than the amount the borrower put down, initially, unless the lender has 20 percent up front.

By |2019-07-11T14:50:53-04:00July 17th, 2019|Categories: buying process, condo issues, Mortgage matters|Tags: , , |

Wedding bells and house hunting

June is a traditional time to get married. I recall one year, I had the pleasure of attending three weddings in a single season. Only one of the couples was seriously discussing buying a house soon. At 4 Buyers Real Estate, we often get calls from prospective buyers that require the immediate response “Congratulations!” They

By |2019-06-09T19:32:45-04:00June 12th, 2019|Categories: buying process, House Hunting|Tags: , , |

You have an accepted offer. Will the deal close?

“Did you know that if a seller receives only one offer on your property, that the probability that it will close is 90 percent. If a seller gets multiple offers, the probability that it will close is only 50 percent….” I heard this statistic in a negotiating training run by Bernice L. Ross. I queried

By |2019-05-31T10:21:41-04:00June 5th, 2019|Categories: buying process, House Hunting|Tags: , , |

What’s happening in the spring market, 2019?

Spring real estate market Here's what we're seeing at 4 Buyers Real Estate. Our clients continue to buy properties, even against competition that is willing to waive their rights to a home inspection or a mortgage contingency. (That contingency allows buyers to get their deposits back if their mortgage is delayed or denied.

By |2019-05-31T10:03:29-04:00May 15th, 2019|Categories: About 4 Buyers RE, buying process, Market data and conditions|