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Extraordinarily heavy rains throughout March 2010 left great numbers of homes in eastern Massachusetts with wet basements. March saw unprecedented rainfall totaling over 13 inches in Massachusetts from three massive storms; this was the wettest March on record in Boston. Pumping out basements Many basements in Massachusetts got so much water in March that they had [...]
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Here are some tips that will help prospective home sellers decide how best to sell their homes in the next few years. The data comes from the 2009 Profile of Home Buyers and Sellers recently released by the National Association of Realtors. Importance of first time buyers Nearly half (47 percent) of all recent home [...]
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The Massachusetts MLS might contain compelling new proof of global climate change. But is it really climate change or just out of date home marketing photos? A few home listings on the MLS recently displayed exterior home photos showing heavy snow on the ground. In late August at the height of a heat wave! So we [...]
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Some homeowners are meticulous and take scrupulously good care of their homes. But if you’re like most owners, your home likely has a few defects you’ve been living with. If you’re thinking of selling your home in the next year or two, you face the question of whether to fix minor problems and deferred maintenance [...]
This is a very uneven real estate market. Some homes sell quickly while others can linger unsold for months. So you have some happy, successful home sellers and also some very unhappy homeowners who tried to sell but could not. The last week in Franklin, MA amply demonstrates the somewhat contradictory nature of the current [...]
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It’s no secret that some homes fail to sell. “Expired” listings are all too common on the MLS. Here’s a shocking figure I found today on MLSPIN, the dominate MLS in Massachusetts: in the last six months there have been 2676 listings that have expired after more than one full year on the market! Almost [...]
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There’s seems to be some confusion about what the phrase “as is” means in practical terms in a real estate sale. You’ll see “as is” with an increasing number of listings on the MLS as more and more homes are hitting the market either as short sales or as REO sales. Here’s what an “as [...]
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Short sales are attempts by financially distressed homeowners to sell their homes before the properties go to foreclosure auction. The short seller knows that the market value of his home is less than the amount of mortgage debt he owes on the property. The seller will be “short” at the closing: he lacks the extra money [...]
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Warren Reynolds, Esq, GRI, e-PRO
Tel: 508.613.2889 | Contact
Century 21 Commonwealth
15 West Central Street
Franklin, MA 02038
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