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This is the million dollar question of course! Generally, I’m speculating 2025 will be the first year with close to normal inventories.
Michael Park
Sometimes I get questions from buyers about whether it’s ok to just have a recirculating kitchen range hood. I always say external venting is critical to good health.
Michael Park
In the future, homebuyers need to be aware of the existence of Flood Factor and to consider the information related to Flood Factor as they decide on which properties to offer on, so get ahead of the curve and start getting acquainted with it now.
Michael Park
Did you know that Cambridge has the lowest property tax of any major city in Massachusetts? The tax rate itself is low at $5.85 per $1,000 for 2021. On top of that, owner occupants receive a residential exemption value of $315,191 which translates to $2,046 deducted off the…
Michael Park
If you are in the position to be purchasing your first home, let me start out by saying, "Congratulations!" For many reasons, this can be a daunting task. In this blog, I will share with you a few things to consider to assist you in zeroing in on your ideal home.
Michael Park
The dreaded bidding war. A first-time homebuyers nightmare is pretty much the scenario 90% of the time in and around Cambridge. I get a lot of questions on this since there is a lot of anxiety around how these things work. It's really hard to outline how to win a bidding…
Michael Park
Finance contingency, also known as a mortgage contingency, is comprised of three main issues to consider when looking at how the bank determines whether a home purchase is financeable or not...
Michael Park
Buyers will sometimes waive their home inspection contingency. The main reason for doing this is to help to win a bidding war--the best offers in a multiple-offer bidding war tend to have no contingencies whatsoever...
Michael Park
A lot of clients, especially from outside New England, ask me questions about lead paint. If you grew up in a mid-western subdivision where all the houses were built in the 1980s or later, lead paint is virtually unheard of. Then you come to Boston and suddenly there’s…
Michael Park
So, you bought yourself a 2-family (or 3-family) and you’ve got to figure out what to do to get ready to fill up the units you’re not living in. What do you do? Here’s a handful of dynamics to think about, and when in doubt, always feel free to contact your real…
Michael Park
