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Chelsea, MA Real Estate News

By Jim Mushinsky
(Centsable Inspection)
A Chelsea MA home buyer should receive a brochure, Home Inspectors Facts for Consumers Sheet, at the time of the signing of the first written contract to purchase. A standard home inspection in Massachusetts is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Chelsea MA Home Inspe...
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By Robert Nichols, Boston Real Estate Expert!
(Boston Trust Realty Group)
Chelsea Massachusetts Foreclosure Report June 2011 According to Realty Trac, Inc. There were 7 foreclosure filings in Chelsea Massachusetts in June of 2011. That works out to be 1 in every 1,836 homes and represents a 50% increase over May 2011. While this may be better than the national average, a 50% increase is very alarming. The increasing number of foreclosure filings are further evidence that the housing crisis is not over. From my understanding the Banks and The Department of Housing and Urban Development have all agreed that 2011 will be the year they push through with most of the pending foreclosures that have been held up due to title issues, faulty assignments and moratoriums. Many economists believe that the best way to deal with this problem is to get through it as quickly ...
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By Robert Nichols, Boston Real Estate Expert!
(Boston Trust Realty Group)
Chelsea Massachusetts Foreclosure Report May 2011 According to Realty Trac, Inc. There were 6 foreclosure filings in Chelsea Massachusetts in May of 2011. That works out to be 1 in every 2,142 homes and represents a slight increase over April 2011. While this may be better than the national average, a slight increase is very alarming. The increasing number of foreclosure filings are further evidence that the housing crisis is not over. From my understanding the Banks and The Department of Housing and Urban Development have all agreed that 2011 will be the year they push through with most of the pending foreclosures that have been held up due to title issues, faulty assignments and moratoriums. Many economists believe that the best way to deal with this problem is to get through it as q...
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By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
Home Value Update for Chelsea MA Through September 2009 According to Zillow.com, the listing prices of single family homes have increased 4.5% in the last 3 months, while listing prices of condos have fallen 6.3%. The current mean listing price of homes for sale on the market in Chelsea, MA, is $225,900. Below is a chart of the trend of listing prices of homes for sale in Chelsea, MA, in the past year through September 2009: Median List PriceMore Chelsea Home Values   If you're looking for a home or condo to purchase in Chelsea, MA, or in the surrounding area, then try this home search. You can still buy a home with no money down with the USDA Rural Development Home Loan program. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. When you're ready to buy...
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By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
Get a Free List of Websites of Government and Bank Foreclosure Listings in Chelsea, MA There are a number of websites that contain free listings of government and bank foreclosed homes in Chelsea, MA. These websites contain descriptions, color photos, and addresses of the foreclosed homes for sale in Chelsea, MA. And, most of these websites have government and bank foreclosure listings nationwide. There's no charge to search the foreclosure listings on any of these websites, and there's no 7-day free trial period either. Virtually all of these websites do not require any personal information to get access to the government and bank foreclosure listings. You can access these foreclosure listings anytime you want and as often as you want - free of charge!  Get your own directory of free w...
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By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
FHA, VA, and USDA Rural Development Loans in Chelsea, MA Are you looking for a home mortgage loan in the Chelsea, MA area? Then you've come to the right place! Northeast Community Mortgage is a mortgage broker serving Chelsea, MA, and many of the surrounding areas. When you decide to buy a home or refinance a mortgage in Chelsea, MA or in the surrounding area, your search for a home mortgage loan should start and end here.  With so many lenders to choose from in the greater Chelsea area, you should choose one you can trust to find the mortgage loan that will best meet your needs. As a mortgage broker, we help our clients obtain a loan from the lender who has the terms that best matches their needs. In terms of mortgage programs, we specialize in FHA, VA, and USDA Rural Development loans...
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By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
The Mortgage Interest Rate Lock Advisory for Chelsea MA for October 15, 2009 Here are some of the events affecting mortgage interest rates today in Chelsea, Massachusetts. What the Mortgage Backed Securities Market is Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 101.61 this morning - down 7/32 from yesterday's close. The FNMA 30-Year 4.5% MBS coupon is currently trading at 100.50 - down 4/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be 0.25% - 0.50% worse in price this morning as compared to yesterday. Economic Reports, News, and Events Affecting Mortgage Interest Rates Today: Consumer Price Index (CPI) for September - ...
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