When does owning your home become cheaper than renting? There are plenty of pros and cons both ways but if we look at cost only, the gap continues to narrow, particuarly here in Boston, MA and North of Boston. Try this handy Rent Vs. Buy Calculator from Realtor.com to help you decide. Have questions about neighborhoods, schools, community services, home values, etc.? Speak with an experienced professional who knows the area! We do! 978-356-8922
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Cybercrime is posing a risk to an increasing number of real estate transactions, with home buyers’ down payment funds the main target of scammers. Thank you to REALTORmag for sharing this important information regarding our industry.
Criminals are targeting home buyers by sending emails that look like they might come from their real estate agent or attorney. The emails may contain signatures, fonts, and logos that are identical to the originals. The email then usually claims the plans for submitting the down payment have changed and provides new instructions to wire funds to an account. However, if buyers follow those new instructions, they often lose their funds forever.
Hackers go undetected, stealing your identity, gaining access to your accounts, creating emails and web landing pages seemingly authentic enough to fool even the most vigilant.
We always warn clients of this potential for fraud when wiring funds and alert them that any email communications regarding funds, wire transfers, etc. would absolutely be fraudulent.
Keep an eye on changes to email addresses. The hackers are clever. Look for slight variations like email@example.com being changed to firstname.lastname@example.org or email@example.com, etc.
Shopping for a home in this tight real estate market with low inventory can be oh so unromantic. Multiple offers and bidding wars on most listings are a source of frustration and disappointment among ready, willing and able buyers due to simple low supply and high demand. What can you do to get your foot in the door? First: commit to a real estate professional who is committed to you, someone you trust. There are at least 10 ways to get your offer accepted in a seller's market and a seasoned real estate advisor knows how to put this into action. Then: take your agent's advice, put your creative writing cap on and profess your love. Real estate love letters work! Here are some tips on how to write an offer (love) letter that will win the house. There are no guarantees but our goal is to give you the best possible shot at your forever home.