UPDATE January 20, 2017: Unfortunately, the Trump Administration cancelled this planned rate reduction! There's some great news for FHA home buyers. FHA mortgage insurance rates are changing in January 2017. The new reduced rates will save home Read More
Protecting Escrow Money During MA Home Purchases
As a homebuyer purchasing a property in the Greater Boston area, you will be submitting a deposit with your home purchase contract. It's not uncommon for the amount to be up to 5% of the purchase price. This is a significant amount of Read More
Mortgage Contingency Deadlines for MA Home Purchases
If you are using a mortgage to purchase a home in Massachusetts, you will probably include a mortgage contingency in your offer to purchase and P&S agreement. Mortgage contingencies protect your escrow deposit in case you are unable to obtain a Read More
MA Home Seller Tasks Before Closing
Once you have a signed Purchase and Sales Agreement with a buyer, there's often a waiting period before closing. There may be some contingencies to be cleared, such as the mortgage commitment. Once that is resolved, it's a matter of packing up and Read More
Ownership Relationship Options for Unmarried Homebuyers in MA
If you're buying a home with a partner, friend, or family member who is not your spouse, you will be asked how you wish to take ownership of the property. This information is referenced on the deed that is recorded into public record. The following Read More
Overview of MA Rental Security Deposit Laws
In the state of Massachusetts, rental laws generally favor tenants. If you are a landlord, it is important to pay close attention to MA rental security deposit laws as failure to do so could result in hefty fines and jeopardize your rights when it Read More
Benefits of Using an Arlington MA Buyer’s Attorney for Home Purchases
Buying a home is a huge milestone in your life. In fact, it's typically one of the biggest investments that you will make in your lifetime. With such a big financial decision at stake, using an Arlington MA buyer's attorney for home purchases is Read More
MA Owner’s Title Insurance Facts
Title insurance is a common confusion for MA home buyers. There are two types of title insurance referenced in closing documents. The first is lender's title insurance and the other owner's title insurance. Lender's title insurance is required when Read More
Benefits of Hiring a MA Real Estate Seller’s Attorney
Hiring a seller's attorney in MA is not required. However, there are many important reasons why sellers should consider doing so. Below is a summary of the benefits of hiring a MA real estate seller's attorney for your home sale transaction. Review Read More
MA Smoke Detector Law Changes December 1, 2016
An important change to MA Smoke Detector Law goes into effect on December 1, 2016 . The change specifically applies to homes built before 1975. Any homeowners looking to sell a property should be aware of this important change as failing to comply Read More