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Falling in Love
2008-02-18 02:45:24
Today I took buyers through three different houses, and the houses were interesting for three different reasons. The first one was a little row house that was in foreclosure. We had already been in five other nearly identical row houses in this same neighborhood. This one was the second-lowest priced, and had been [...]


A great site for mortgage news
2008-01-27 16:38:05
I’ve just found the best site for mortgage information: mortgagefit.com. The link is on the left, the Mortgage News link under Blogroll. I’ve spent the last few days just roaming over the site, fascinated with all of the information. There are multiple discussion boards, on everything from first time homebuyers to short sells [...]


Researching a property for your buyer:
2008-01-22 18:30:03
Should a buyer’s agent spend time researching the property her buyer is interested in? I vote yes. The first thing I do is print out the public record on the property for my buyer. Then we can see what it sold for the last time, and get an idea of the mortgage that was [...]


The most important thing in buying a house:
2008-01-16 17:56:26
Since I was a Navy wife for years, I moved frequently. I think in our first six years of marriage we lived in seven different apartments or houses. What that taught me was that I needed a place to live that had a sunny room for me to hang [...]


New law on tax implications of short sales and foreclosures
2008-01-15 10:33:45
The other day I was showing a buyer through a multi-family, and the owner/broker told us that he was going to apply for a short sale if we offered anything under 400,000 He owed that amount on the building; his wife had bought it as an investment [...]


Landlords and Section 8
2008-01-07 18:57:46
I took a buyer through a number of multi-families the other day. Most were very dreary–needed paint, ancient appliances, tenants belongings strewn around. It was a sad tour. But then we went to a three family, and the first two floors had section 8 tenants. These are tenants whose income is so low [...]
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Short Sales
2008-01-06 20:08:30
Allow me to rant a minute about short sales. One of my buyer’s has been trying to buy a house that is a short sale, i.e. the owner owes more on the mortgage than the house is now worth. Banks will sometimes accept less than the mortgage to get out of having to [...]
Read more: Short , Sales , Short Sales

Importance of a local library
2008-01-02 16:47:20
A few years ago I was writing a book about the students at my school who scored the highest on the SAT exams (Keeping Kids Reading, Crown, 1998). So I did lengthy interviews with these students, to try to find out if there was anything similar in their backgrounds. Of course, the huge similarity was [...]


Good School District?
2007-12-31 19:25:56
In Massachusetts, and I think in most of the country, if you want to live in a good school district, you have to pay more for your house.  So, how important is it to live in a good school district? Since I’ve been a teacher for the last thirty years–and I’ve taught in an inner-city Catholic [...]
Read more: School , District

Snowing Again; Time for House Hunting
2007-12-30 20:41:41
Apparently we’ve had more snow this December in Concord that we’ve had in years. It’s very pretty and . . . very cold. All of this has gotten me thinking that this is really the perfect time to buy a house. For one thing, you can check out how well the town you’re [...]
Read more: Snowing , Again , House , House Hunting

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