massachusetts home buyers: Massachusetts Home Buyers - Steps to a Smooth Closing - 04/28/10 11:06 AM
Massachusetts Home Buyers - Steps to a Smooth Closing 

It has been a busy spring for Massachusetts home buyers and as a result I have a number of closings right around the corner.  This seems to be an appropriate time to review the steps for making sure that it all goes smoothly. 
When planning a closing on your Massachusetts home, these are the main points to keep in mind.
Resolve Your Mortgage Financing & Loan Conditions - When the offer on your home was written there was a date assigned for your mortgage to be finalized with the bank.  Part of this … (3 comments)

massachusetts home buyers: Massachusetts Home Buyers - It's Time to Spring Forward - 03/12/10 03:56 AM
Massachusetts Home Buyers - It's Time to Spring Forward 
It's that time again, and I love these helpful expressions that remind me of which direction I need to go in.  
"Spring forward - fall back" says it all about how to proceed during daylight saving time. 
It's like the expression from my favorite home inspector who tells me of how to turn a screw - "Lefty Loosy - Righty Tighty."   I would be lost without these words of wisdom. 
So, this weekend, it is "spring forward" as millions of Americans turn their clocks ahead. The official time for doing so is … (10 comments)

massachusetts home buyers: Real Estate is a Better Investment Than Stocks - 02/11/10 05:07 AM
That was the overwhelming opinion, according to a new study just released by the Massachusetts Association of Realtors (MAR), a majority of home buyers in the state believe that their home purchase was a better financial investment than the stock market. 
Fifty-four percent of all buyers made this statement last year compared with less than half of buyers (47 percent) in 2008.  An additional 29 percent felt that their home purchase was at least as good an investment as stocks. 
That leaves a mere 16 percent of new buyers who did not think their home purchase was a lucrative investment. 
Is … (13 comments)

massachusetts home buyers: Truth in Lending Changes Could Impact Massachusetts Home Buyers - 09/13/09 12:59 PM
Home buyers in Massachusetts should be aware of recent changes to The Truth in Lending Act.  TILA or Regulation Z was originally put into place to require all lenders to provide full disclosure of all of the terms of a mortgage loan. 
As of July 30, 2009 changes to these regulations will have an impact on lenders and could possibly affect loan processing timeframes. Some are estimating that the minimum time for obtaining a new mortgage may be extended to two months or more. 
The new rules, designed to provide more protection to the borrowing public, are a bit complicated in … (3 comments)

 
Claudette Millette, Buyer, Broker - Metrowest Mass (The Buyers' Counsel) Rainmaker large

Claudette Millette

Buyer, Broker - Metrowest Mass

Ashland, MA

More about me…

The Buyers' Counsel

Address: 27 Thomas Street, Ashland, MA, 01721

Office: (508) 881-6230

Fax: (866) 285-8349

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