Category Archives: Financing

Transaction that provides funds for the acquisition of real estate.

Arlington, MA Single Family House Values Down

The average size of Arlington, MA single family houses sold have been going up. The average size of houses sold have gone from 1,624 in 1999 to 1,934 in 2011.  The rise in the average sale price of single family houses have … Continue reading

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S&P Credit Rating Downgrades Affects Mortgage Interest Rates

The S&P credit rating downgrades for the United States and the government agencies, Freddie Mac & Fannie Mae, will change mortgage interest rates.  The long term and short term impacts of the downgrades will likely be different. In the short … Continue reading

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Vocabulary for Distressed Sellers

Brian Hatleberg, an ERA Mortgage Advisor and colleague, provides us with some vocabulary for distressed sellers. “Reinstatement: The lender may agree to let a delinquent borrower pay the total amount they’re behind in a lump sum payment by a specific … Continue reading

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Multifamily Income Property & Seller Financing Part 3

Let’s evaluate a multifamily income property that is for sale (as of Feb 22, 2011) where the seller offers seller financing. The property for sale is a 10 unit multifamily located in Walpole, MA.  It is listed for $1,100,000.  In … Continue reading

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