How Black Friday Can Help You Score a Deal—on a Home
Lace up your running shoes, and steel your nerves to fight the crowds: Black Friday is just around the corner, promising bargains galore on everything from flat-screen TVs to smart speakers and beyond. Only can you score a Black Friday deal on a house? No, homes...
Trends: Why wood is so hot in bathroom design now
Wood vanities were second only to white ones in a recent survey. The all-wood look has roots in Scandinavia, as well as Japan. Get more design inspiration at realestate.boston.com.
Try Before You Buy? How a Pre-Offer Inspection Could Hurt Buyers’ Chances
You wouldn’t buy a car without kicking the tires, right? Well, likewise, there’s no reason why you should buy a house without having an inspection first. For most buyers, the home inspection happens after their offer has been accepted by the sellers. But did you know...
Should Retirees Rent or Own? 3 Questions to Help You Decide
For many of us, the decision to rent or buy is dictated by our income. If the monthly costs of homeownership take up no more than 30% of your income and you can afford a down payment, then buying a home is likely to make more financial sense. But for retirees, who are...
Does Homeowner Insurance Cover Renovation Damage?
Part of the thrill of a renovation is dreaming up a brand-new look for your home. The best part of the process is, of course, walking through the finished rooms and settling into your new space. But that dream can quickly turn into a nightmare if any damage occurs...
Who Draws Up the Purchase Agreement for a Home That Is For Sale by Owner?
The seller’s agent is typically the person who draws up a real estate purchase agreement. But what happens if the home is for sale by owner (or FSBO) and the owner isn’t represented by a real estate agent at all? A FSBO sale can occur in a seller’s market or when...
What every homeowner should know about radon
It is estimated that 650,000 Mass. homes have radon levels that exceed the EPA-action guideline. Radon is the leading cause of lung cancer among non-smokers and lurks in nearly 1 out of every 15 homes in the United States. | realestate.boston.com
Here’s the No. 1 Reason Why Military Veterans Are Denied a VA Mortgage
In the housing sector, every day is Veterans Day. That’s because many lenders provide VA loans that are backed by the U.S. Department of Veterans Affairs. Perhaps the most attractive benefit of a VA loan is that a borrower can receive a mortgage without making a down...
When Do You Need to Get a Quitclaim Deed?
Are you curious about the terms “quitclaim,” “grantor,” and “grantee”? These types of deeds and specific terms may come up if you’re transferring property between family members or spouses. If you are selling your home now, you may not remember that you signed and...
Everything You Need to Know About Home Buyers and Sellers to Beat the Market
Whether they’re in the market to buy a home, hoping to unload their abode, or both, most folks are aware of the real estate landscape these days. In a nutshell: Home prices continue to reach new highs, mortgage interest rates are low, and competition among buyers is...
Mortgage Rates Fall After Increasing for Three Straight Weeks
Mortgage rates dropped in the past week after rising in six of the last nine weeks, including most of the month of October. The 30-year fixed-rate mortgage averaged 3.69% during the week ending Nov. 7, down three basis points from the previous week, Freddie...
What Is a Strategic Default on a House? When Walking Away Is the Right Move
We’ve been told to never walk away from our problems, but what if walking away is the most logical solution? When it comes to an underwater mortgage—where the money you owe on the house is higher than the current market value—some homeowners choose to cut their...
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