cost of renting

Buy a Condo for a College Student?

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

By |2022-06-27T10:00:29-04:00June 29th, 2022|Categories: condo issues, House Hunting|Tags: , , , , , |

NPR, You Disappoint Me (and My Buyers) Again

It was only last August when WBUR published this story about home-buying. I critiqued it here. In short, the story encouraged buyers to do five things (in bold). A summary of my critiques is in italics after the “advice”: Prepare To Waive Contingencies. No, no. no, no, never. Check The Basement! Seller says you have

Buying or renting?

Here is something for everyone who is about to sign a lease and is thinking “should I be buying?” Unlike most Realtors® my answer is not, “Hell, yes! Right now! Hurry!” The economic decision: Owning: For most people, owning a house or condo involves paying down a mortgage, but never owning outright. In previous generations,