Boston real estate - buying a home
So, you’re buying a home. A couple months ago, you found the perfect home. You negotiated the price, you signed an offer. Then, you contacted an attorney to write up a purchase & sale contract, contacted your lender, and contacted a home inspector to check...Boston real estate - buying a home, mortgage loans
Off the wire: Declining availability of financing methods that allow people to buy a home without first accumulating a down payment is one of the key reasons for the housing slump, concludes new research published by the Federal Reserve Bank of Atlanta. The study...Boston real estate - buying a home
I haven’t written many entries about appraisals. Mostly, it’s not been something I’m that interested in. It’s a very important subject, though. It was important when prices were rising, and it’s important now that prices are … not...Boston real estate - buying a home
According to this article, buyers and sellers should expect things to move more slowly on their way to closing. Lenders are taking more time to get mortgage documents in order these days, and real estate professionals consequently must be prepared for a slower...Boston real estate - buying a home, Boston real estate developments and projects
As many people in the US have found out (including at least a couple of people in Boston …), buying into a condo development while it’s still under construction can cause you a lot of trouble. Due to tightening credit (and a lack of buyers …), condo...Boston real estate - buying a home, mortgage loans
Off the wire: The Federal Housing Administration is prohibiting its borrowers from relying on down payments financed through charities that are in effect paid for by the seller. These programs, which often are run by legitimate charities, have helped thousands of...