Should I Convert My Multi-Family Into Condos?

Rents are high, but so are condo values. Your multi-family may be producing great cash flow and it will continue to appreciate, so keeping your asset is certainly a good strategy.  Upgrading can be also.  There are many reasons to covert. If you choose to cash out, selling the units separately … [Read more...]

Lead Paint Compliance is a Major Issue for Multi-Family Investors

Lead paint compliance is a major issue for multi-family investors. Here's a quick overview of what the law states. First, you cannot have children under the age of six as tenants in a property that has lead paint, as nearly all properties do that were built before 1978.   You cannot refuse to … [Read more...]

Agent Review of John Wells, by Jordan Mccarran

"John brought a wealth of knowledge and experience to our home buying process and was great to work with as first time home buyers. He was very patient, explained every part of the process for us, and was always available and able to arrange his schedule to meet our needs. John has experience in the … [Read more...]

Tips On Negotiating Offers For MA Homes

Several negotiations take place in the home selling process. It can be intricate and emotional as everyone wants to feel that the result favors them, or is at a minimum a fair balance of interests. This blog provides tips on negotiating offers for MA homes. Negotiation Considerations Real … [Read more...]

An Explanation Of Income To Debt Ratio For MA Financing Pre-approvals

Personal finances play a significant role in loan approvals. All mortgage companies review your assets, earnings, credit and debts. These determine whether you can obtain a mortgage and how much of a mortgage you may be able to obtain. The following is an explanation of income to debt ratio for MA … [Read more...]

Advantages And Disadvantages Of Financed Mortgage Insurance

Mortgage insurance (MI) protects lenders against home owners defaulting on loans. It is typically required by a mortgage company on loans with a low down payment and is usually due in monthly installments. For buyers trying to reduce their payments, monthly charges for mortgage insurance may result … [Read more...]

Mortgage Approval Considerations For MA Lenders

Pre-approvals do not guarantee final mortgage approval. Lenders complete a complete analysis before issuing an approval. This formal procedure does not usually start until after real estate is under agreement as they must evaluate both the personal information of borrowers and specifics of the … [Read more...]

Finding MA Home Listings Online

Finding MA home listings online can be a daunting task. There are a variety of websites to choose from. The following information will guide you through the different choices. Real Estate Websites Are Not All the Same MA homes for sale are normally entered into a database, called the Multiple … [Read more...]

Common Mistakes Made By Sellers Of MA Homes

There are many seller actions that impact how quickly a home sells. Some common mistakes made by sellers of MA homes are worse than others. Sellers should avoid the mistakes detailed in this article Common Mistakes Made By Sellers Of MA Homes Not Cleaning It can be a challenge to keep a home … [Read more...]

MassHousing Mortgages For MA Real Estate Buyers

MassHousing is a non-profit public agency in Massachusetts that provides home loans. They do not use taxpayer funds and are a self-supporting agency. Home buyers may want to consider a MassHousing loan as it may be less expensive than an FHA loan. It can be applied towards a new purchase or … [Read more...]