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ma home buying 101: MA home buying 101: avoid common mistakes - 01/27/09 02:43 PM
Many common mistakes that buyers of real estate make can usually be avoided. Here are a few mistakes many buyers make, and some ways to avoid them.
#1. Buying before selling. It sounds simple, but the lure of that new house can have an overwhelming effect on your finances. Sell the home you currently own before buying a new one. Sure, bridge loans can be obtained, but in the current buyers’ market, who knows how long your home will be on the market before someone purchases it? Unless you are able to pay cash for that new place, wait until you … (3 comments)

ma home buying 101: MA home buying 101: assessed value vs. appraised value - 12/03/08 07:56 PM
If you are in the market for Massachusetts real estate, you will sooner or later come across the terms assessed value and appraised value. Is there a difference between an assessment and appraisal? If so, how will this difference affect you and your ability to purchase real estate?
Definition of assessed value: the worth or value of a piece of property as determined by the taxing authority for the purpose of levying an ad valorem (property) tax.
In Massachusetts, each town has a tax assessor, and this person is responsible for determing the value of each parcel of land and its … (2 comments)

ma home buying 101: MA home buying 101: the team approach - 08/12/08 05:09 PM
What is the team approach? All I need is a decent agent and I'll find a good home and be all set, right? Only in rare cases.
When thinking about buying a home, consumers are often unaware of the complexities involved. Here are the players that should be on your team:
1. An exclusive buyer agent (EBA). This type of agent will work in an office that does not take listings. Why? No potential conflicts of interest. They will put your interests first. An EBA functions as the 'quarterback' of the team, helping to find other members of the team and … (0 comments)

 
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John Morrison - Boston area real estate - Exclusive Buyer's Agent, CBR

Ipswich, MA

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Buyer's Choice Realty

Address: 162 Main Street, Wenham, MA, 01984

Office Phone: (800) 252-8937

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