Boston Automated Property Pricing Tools Reliability

You may run into automated property pricing tools when you search for home buying and selling information online. As a real estate buyer or seller, you might find yourself comparing the results to the offering price of a home. It is critical that you know how these tools work before doing so. How Automated Property Prices are Computed Automated property pricing tools normally use data from … [Read more...]

Overview Of Newton New Home Financing Solutions

If you are hoping to build a new home as opposed to purchasing a resale, it is useful to learn about the financing solutions available. Financing new construction is very different from purchasing an existing home. The terms, rates, and processing may vary. Below are a few common Newton new home financing solutions to evaluate. Construction Loans Construction loans are temporary loans that … [Read more...]

Cancelling PMI From Conventional Mortgages

PMI is generally charged on basic conventional mortgages with low down payments. The amount is charged monthly and part of the mortgage payment. Cancelling PMI from conventional mortgages will save significant money, so it is a good idea to understand how PMI works and how it may be adjusted. Below is an overview. Reducing the Principal of Your Mortgage When you initially receive a mortgage, an … [Read more...]

Boston Closing Attorney Responsibilities

A closing is a conclusion of all the actions and paperwork in the home purchase process. It is the day a buyer becomes the new owner of a home. A closing attorney manages the closing and is responsible for certain tasks before the closing date. This blog details Boston closing attorney responsibilities. Definition of a Closing Attorney A closing attorney is usually chosen by the lender to … [Read more...]

Overview of Boston Home Purchase Closings

The closing (also known as settlement) is usually the last step for a home buyer or seller. It is commonly a day of both nervousness and excitement. It is important to understand what to expect and what may lead to delays. Below is an introduction to Boston home purchase closings for transactions requiring a home loan. Approval to Close A clear to close is issued by the mortgage company when all … [Read more...]

Advice On Requesting Your Free Credit Reports Every 12 Months

The Fair Credit Reporting Law grants you the power to receive a free copy of your credit report from the 3 credit reporting agencies annually. This law was enacted by the Federal Trade Commission to permit individuals to audit their credit report for mistakes and misuse. The advice on requesting your free credit reports every 12 months below will help you get started. What Do Credit Reports … [Read more...]

3rd Quarter 2016 Boston MA Condo Home Statistics

Home sales figures can tell you quite a bit about the condition of a local market. Trends willl shift often, so it is helpful to remain current if you are contemplating purchasing or listing in Boston. The 3rd quarter 2016 Boston MA condo home statistics in this blog may be useful if you are contemplating buying or selling in Boston. Boston MA condo Home Prices Average selling prices offer a … [Read more...]

Brookline MA Condo Sales Report – 3rd Quarter Average Price Of Homes Sold

The following are the Brookline MA real estate market sales report for quarterly condo average price of homes sold covering the last several years. Brookline MA Condo Sales Report The average price of homes sold in Brookline MA for the 3rd quarter increased 10.93% from $804,016 (in 2015) to $891,912 (in 2016). This after it increased 8.96% from $737,876 (in 2014) to $804,016 (in 2015). Before … [Read more...]

Needham MA Condo Average Prices Of Homes Sold For 3rd Quarter 2016

Property prices in an area continually change. The average price of properties sold provides a general overview of a particular market. Additional statistics such as the low, median, and high prices provide additional useful information. The Needham MA condo average prices of homes sold for 3rd quarter 2016 below detail statistics for the previous few years. Condo Property Prices for Needham MA - … [Read more...]

Boston MA Single Family Home Sales Statistics – 3rd Quarter Average Days On Market

Below are the Boston MA real estate market home sales statistics for quarterly single family average days on market over the last several years. Boston MA Single Family Home Sales Statistics The average days on market in Boston MA for the 3rd quarter increased 6.67% from 45 (in 2015) to 48 (in 2016). This after it decreased -4.26% from 47 (in 2014) to 45 (in 2015). Before that was a 17.5% … [Read more...]