Boston Metro North Real Estate

Dealing with Residential Real Estate in the Merrimack Valley. Articles on Home Selling, Home Buying, Foreclosure and short sales.
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  • Money isn't everything when making an offer

    Here is an interesting article from MSN Real Estate.  I felt this article made some good points. I recently closed on a real estate transaction that highlighted some of the points in this article.  I had buyers who knew they were competing with multiple offers on a property.  They asked me my advise about how they should handle the ...
    Posted to More about Merrimack Valley Real Estate (Weblog) by 108393 on June 22, 2010
  • Very Cool Mapping Technology will help Research Properties

    With the latest and greatest in Mapping Technology from Google and Bing, you can now find out so much about a house before you even show up for a showing in your home buying search.   Being able to zoom in on a satellite map is now a basic must have of any map site.  You can now see what is near a home, whether it is train tracks, ...
    Posted to More about Merrimack Valley Real Estate (Weblog) by 108393 on February 24, 2010
  • Is obtaining financing that hard?

    In my experience... no.  If you have very little money to put down the FHA is doing loans for 3.5% down.   Rates on an FHA loan ranged from 6 to 6.5% with good credit scores. Advantages of an FHA Loan.Lower down payment- 3.5%Loan is assumableHigher qualifying ratios of 29% for housing and 41% for total debtUp-front Mortgage ...
    Posted to More about Merrimack Valley Real Estate (Weblog) by 108393 on November 4, 2008
  • Is now the right time to buy?

    Housing prices are low, potentially near the bottom.  Interest rates are low, hovering around 6%.  Now could be the right time to buy if you are a first time home buyer or a move up buyer.  There are several considerations to make and the decision should not be taken lightly.Is there a need for you to make a purchase.... expanding ...
    Posted to More about Merrimack Valley Real Estate (Weblog) by 108393 on November 4, 2008