Home Buyer Hot Topics

April 15, 2011

Advantages of Using a Quality MLS E-Mail Service for Buying Real Estate

What is an MLS E-mail Service?

 

There are many ways to research what properties are for sale.  Most buyers understand that one of the first steps in purchasing property is finding properties that are for sale.  Many states, including Massachusetts, have the vast majority of properties listed on Multiple …

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April 8, 2011

What Happens to my Credit after a Short Sale, Foreclosure, or Bankruptcy?

The economy may be on the mend, but on the mend is a long way from fixed.  Bottom line, it's tough out there for a lot folks, who are saddled with debt, out of work, or dealing with large reductions in at home income. Those issues, combined with the vast drop …

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March 14, 2011

Getting an FHA appraisal? They are Different. Here's How.

Basic job of an Appraiser During the Home Purchase

 

Most of us understand the basic job of an appraiser.  An appraiser is hired by the lender as an INDEPENDENT third party to assist in determining fair market value for a property.  The lender uses this information to make sure that the …

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March 9, 2011

Update: Housing Tax Credits: Was it a Success or Failure?

This is an update of an earlier post.

 

Earlier post:

 

Well, the tax credit has ended.  There are basically two schools of thought on this:

 

A) The tax credit got "buyers off the fence" and began to gobble up inventory, setting the stage for, or inducing, price …

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Feb. 26, 2011

How Can a 203K Loan Help me Purchase a Home?

What is a 203K Loan or Mortgage?

A 203K Mortgage is a more complicated loan product, designed to help homeowners purchase property that needs immediate work in order for the home to be ready to live in. It is an FHA loan, which means that is government backed, which is …

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Feb. 22, 2011

What does it mean when a Deed is taken in Lieu of Foreclosure?

What is a Deed in Lieu of Foreclosure?

A Deed in Lieu of Foreclosure is more fully written as a "Deed taken in lieu of Foreclosure" or "Deed taken instead of foreclosure." It's occasionally misspelled (but phonetically correct) as "Deed in Lou of foreclosure" Basically,

 

 

 

 

 

Foreclosure …

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Jan. 7, 2011

Best/Worst towns to Buy or Sell A Home in Metrowest- Early January Rankings 2011

 

OK.  Been wanting to do this for a while, but hadn't worked out the Methodology and data sets yet.  But, I'm close enough*, so wanted to get it out to …

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Jan. 6, 2011

Real Estate as an Inflation Hedge - For those who are renting.

This is a continuation in my series Macro Economics and Real Estate (It's not that tough), listed at the bottom of the linked page.

 

 

 

Many of us have heard that Housing is a Hedge against inflation.  But what exactly does that mean?  In this article, we’ll …

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Dec. 16, 2010

Do I need to use the same real estate agent to buy and sell?

Here's a post for a not-so-common question.  But I bet it's secretly asked by many.

 

Do I Need to Use the Same agent to Buy and Sell?

 

Well, the short answer is NO, you don't.  But let's talk about some reasons why you might …

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Dec. 4, 2010

How to Read my Metrowest Real Estate Market Analysis Postings

Generally, in order to look at a real estate market, there have been a couple of statistics that are relatively easy to gather, and that can tell you either about the direction or the market or the status (current state) of the market.

 

Here I explain the ones I …

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