First-time homebuyers are looking for tips and strategies to compete in the current seller’s real estate market. Finding a home and presenting the winning offer is a full-time job in the Merrimack Valley. Home prices have hit record highs in Massachusetts and New Hampshire over the past several years. In some areas, …
Top reasons why you need a real estate attorney to buy a home in Massachusetts
Do I need a real estate attorney in MA to close a mortgage loan and buy a home? Massachusetts state law requires a real estate attorney for property transactions involving home loans or mortgages. While this is a requirement having an experienced individual who understands all the rules and regulations surrounding …
Preparing your home for winter
Winter in New England can bring along a lot of complications and added stress to our everyday lives, but by being prepared, you will at least be ready for the snow, ice, and cold weather. No one really wants to start thinking about the harsh weather that may be right around the corner, but it is coming whether we like …
The inside scoop on Fannie Mae’s RefiNow – Mortgage Refinance Program
RefiNow is a government program that helps borrowers with low to moderate incomes in Massachusetts to refinance their mortgages. Over the past year, lower to moderate-income borrowers were less likely to take advantage of the historically low mortgage interest rates for various reasons. In response, Fannie Mae …
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How to leverage a property inspection waiver as a weapon to win the real estate bidding war
Homebuyers in the Methuen area are looking for any advantage to get their offer accepted in the current real estate market. A property inspection waiver gives buyers a huge advantage. A property inspection waiver (PIW) is granted when lenders can use existing data about the estimated value of a property to originate a …
Is it the right time to refinance?
When mortgage rates start dropping, everyone wants to refinance their mortgage. Refinancing is replacing your current mortgage with a new loan. Typically, homeowners refinance to get a lower mortgage interest rate, but there are many other factors to consider when planning to refinance your home loan. What to consider …
