The qualified mortgage rule was released by the Consumer Financial Protection Bureau in January 2013 as part of the Dodd-Frank Reform Act. It officially took effect Jan. 10, 2014 and specifies the way lenders analyze and verify information from Continue Reading
Real Estate Tips
Mortgage Rate Fluctuations Impact Waltham MA Pre-approval Amounts
When you are qualified for a mortgage, it is based on a certain monthly payment. The mortgage rate is estimated (in addition to other figures such as property taxes and homeowners insurance). Mortgage rate fluctuations impact Waltham MA pre-approval Continue Reading
The Benefits Of Staging Arlington MA Listings Marketed For Sale
Any real estate agent or buyer will tell you the benefits of staging Arlington MA listings marketed for sale. There are several advantages that make it worth the effort. This article covers things to consider when debating whether to stage your Continue Reading
Popular Trends For Home Renovations In Newton MA
House designs frequently change. Staying up to date with popular trends will help maximize your property's value. Here are a few popular trends for home renovations in Newton MA.Open LayoutsSmall separate rooms were once popular, but no Continue Reading
Belmont MA Home Seller Pre-closing To-dos
Moving is a very hectic task. You may overlook a few important items. The Belmont MA home seller pre-closing to-dos below can ensure a smooth closing and move.Cancel UtilitiesCall each utility company to schedule termination of service. Most require Continue Reading
FHA Maximum Mortgage Amounts For Watertown MA
FHA changes their mortgage limits yearly. Buyers must know what they are and how they could change. For this year, in many regions, the limits have increased to accommodate the changing market. Here is an overview of the FHA maximum mortgage amounts Continue Reading
Arlington MA Home Sale Closing Procedures
The closing (also known as settlement) is generally the final step in the property purchase or sale process. It is often a day of both apprehension and excitement. It is important to know what to expect and what can cause delays. Below is an overview Continue Reading
MassHousing Loans For Waltham MA Home Buyers
MassHousing is a not for profit public agency in Massachusetts that offers financing. They do not rely on tax revenues and are a self-supporting agency. Buyers may want to evaluate a MassHousing home loan as it may be more economical than an FHA Continue Reading
Waltham MA Rules On Tenant Deposits
In Massachusetts, landlords can request two kinds of deposits: security deposits and rent for the last month. These deposits must be handled in a very specific manner to comply with the law. An overview of the Waltham MA rules on tenant deposits is Continue Reading
Tenancy Relationships For Newton MA Property Purchases
When two or more parties buy a home together, they start a legal agreement known as a tenancy agreement. It details what will take place when one owner passes away. There are several types of tenancy and they come with separate rights and Continue Reading
