Boston is a college town. In June and July, I get calls from parents who are thinking about buying a condo here, so that their college-aged child can save on rent. This is known as a “kiddie condo.” Sometimes, it makes sense. Most of the time, it does not. Condo Pros: If the mortgage is
There are times during a real estate transaction when you will be required to spend money. Some are deposits, some are fees, and some are refundable. At offer: When you make an offer, you will provide a deposit check for $1000 or $5000, depending on your price range. That check is not cashed unless your
What does buying a house cost, above and beyond the monthly mortgage payment you will be taking on? First-time house-hunters know that there is a dreaded broker fee and so-called closing costs. Add to that the fee for inspections and legal work. Do you know how much to set aside to cover these costs? Here