ARCHIVED BLOG POSTS
2010
Condomium Convesrions Create Desirable Listings--Now may be the time to start putting them together.
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No one needs to be told that the residential housing market in Massachusetts needs creative solutions now more than ever. This may be the perfect time to dust off, and reconsider, the condominium conversion. Many owners of two and thee family dwellings have lost money in their 401(k) and other p...
02/25/2010
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The closing is scheduled for next week. I am a Massachusetts real estate attorneywho examines titles as part of my set of responsibilities for the closing. The property is in the the Seller's name. That is not a problem. What is a problem is a relatively new mortgage on the Premises which is stil...
02/25/2010
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HOW TO SELL YOUR HOME IN THECURRENT MARKET PRICEPrice is the number 1 factor that will sell your house. If you price your home at or below the current market you will attract more buyers. Homes priced above the market or competitively with other homes sit on the market longer and eventually take...
02/24/2010
Without the proper documentation your IRS 1st Time Buyer tax credit will be delayed. Below are tips on what you need to gather before you make your claim. It is important that you provide the appropriate for your transaction: Settlement Statement: Your closing agent will send you a certified co...
02/23/2010
Fresh off the presses....new information for you that reinforces our belief that the Obama Administration is about to open the flood gates for short sales. In other words, as we have been advocating for well over 3 years now...and as many of you will agree... Short Sales are THE solution! Here ...
02/23/2010
Most in Massachusetts would never think there are actually tax programs available to save you money. After all we didn't get the name "Taxachusetts" for nothing. Lately, it seems everywhere you turn there is bad news. The local Real Estate market has been down in the dumps, the stock market has ...
02/23/2010
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Market Trends: 2/10/2010 Massachusetts Market Snapshot Total Properties Listed: 44,653 Month-Over-Month Change: +4.64% Average List Price: $453,280 Month-Over-Month Change: +.24% Median List Price: $299,900 Month-Over-Month Change: +.3% Typical Property Single-Family Home 3.02 Bedrooms 2.06 Bat...
02/23/2010
Points are up-front fees paid to obtain a better interest rate on a loan. One point equals one percent of the loan amount. A lower interest rate may result in a lower monthly payment, but it is important to consider how long you intend to be in the loan, and to compare current rates to historica...
02/19/2010
The Mortgage Interest Rate Lock Advisory for Provincetown MA for February 19, 2010 Here are some of the events affecting mortgage rates today in Provincetown, MA. What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.16 this morning - the sam...
02/19/2010
This post is certainly not written out of self interest. I am a Massachusetts real estate attorney with over 40 years of experience assisting Realtors, and Buyers and Sellers, in entering into real estate transactions. I represent some Condominium Associations. I have written many sets of Condomi...
02/16/2010