We are not fans of starter homes or starter condos. It’s expensive for our clients to change residences. Moving to your second purchase is also complicated by the debt you are carrying in your current mortgage. That current mortgage debt can create a situation where you can’t get a mortgage on the next property until
Renting? Good luck! Boston is the third most expensive rental area in the country. If you are paying first and last month’s rent, and maybe another month’s rent in fees, it makes moving hard, financially. Renters are not our clients, but one day they may be. They are also the friends of our
We're in the middle of snow season. It hasn't been a very snowy season in the Boston area, but when a storm hits, everyone gets a little frenzied. As a real estate agent, I get asked about who is responsible to shovel: the landlord or the tenant? Since that's a legal question, I depend on
I believe in real estate karma. Do you? I have seen it over and over. Here is the happy ending to a hard house-hunt: The home was a small Colonial on a quiet street. It was being sold by an elderly woman, with the help of her children. My buyers found out that they were
My day started out at a Joint Committee on Revenue hearing regarding Somerville Transfer Fee Home Rule Petition (H-4582). Somerville Board of Aldermen have created a transfer fee that will charge non-resident owners and buyers a one percent fee when selling and buying property. If the seller lives there, no fee. If the buyer intends
Where is the line between taking care of the property and leaving the tenants alone? One of the sore-points for tenants is that some landlords are not respectful of the tenant’s right to “quiet enjoyment” of their space. A landlord may come in too frequently, may not give notice, and may not cooperate to enter
This is one of my favorite home inspector experiences of the year. It started at the house visit. At that tour, there was an insulation that looked different than I am used to. My client was concerned that it was vermiculite. I didn’t think so. I’ve seen vermiculite and it is more rock-like than this.
Yule was Sunday. Hanukkah ends at nightfall tonight (last candle last night.) Christmas eve tonight, into Christmas tomorrow. Kwanzaa, begins on Friday and runs through January 1. New year, 2015, begins January 1. Enjoy any or all, safely, warmly, in your home or someone else’s. (and here's the fireplace you always wanted!)
The porch is making a comeback in American home architecture. In 1993, 42% of new houses were designed with a porch, in 2013, that figure rose to 63%. When I work with house and condo buyers, they almost always want to have someplace to step outside, even if it is only a small porch. It
When a buyer makes an Offer to Purchase, it should be clear and complete. It must give the seller the impression that you are a ready, willing, and able buyer. It should reassure the seller that you are organized, have solid financing, and that you are the kind of people they’d like to sell to.