Boston real estate - buying a home, mortgage loans
Yes, you can still buy a home with little or no money down (in fact, Congress is hoping to make it much, much easier, in the near future!). However, if you do, if you do get a loan for more than 80% of the appraised value, your lender will want you to take out what is...Boston real estate - buying a home
Sounds as though there were a lot of surprises at the closing table, last month. According to a story in Inman News: A new survey of mortgage brokers reveals that one in three prospective home buyers who had signed purchase and sale agreements in August ended up...Boston real estate - buying a home
The Times did a great story this weekend regarding people who saved in order to buy their first homes. save verb, saved, sav·ing, noun / verb (used with object) 1. to rescue from danger or possible harm, injury, or loss: to save someone from drowning. 2. to keep...Boston real estate - buying a home
Every once in awhile, I write a post that I regret. This is probably going to be one of them! Here’s the thing. Pretty much everyone I work with, all my clients, are prepared and ready to buy. They may be first-time homebuyers looking to find a home, they may be...Boston real estate - buying a home
There are over 250 condos having open houses, this Sunday. Are you visiting any of them? If you’re thinking of buying anytime soon, there’s no time like today. We’re in the doldrums of summer, and many sellers will be willing to consider an offer of...Boston real estate - buying a home, mortgage loans
A quick comparison for those of you thinking about buying today versus next year. Today: Buy a $500,000 home with a $450,000 mortgage loan (at 6.25% fixed-rate): $2,770 per month Next year: Buy the same home for $450,000 (you WISH – and hope) with a $400,000...