Tag: Massachusetts Real Estate
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Can Buyers Waive the Inspection Upfront? Some States Might Jump on the “No” Train
A few U.S. states discourage sellers and agents from expecting homebuyers to waive their right to a home inspection. This is a consumer-protection issue for states. And that’s not all. The inspection companies don’t like to be left out of deals. And they are lobbying for what they call buyers’ Right to Home Inspection (RTHI)…
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From Now On, Home Inspections Can’t Be Waived Upfront in Massachusetts
New law this year! It’s about waiving home inspections (and about Massachusetts not liking that). It took effect on October 15, with the purpose of stopping home sellers and their agents from expecting buyers to waive home inspections. Here, we outline what it means for you, if you’re thinking about a Massachusetts real estate transaction.…
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Escrow Abuse? Massachusetts Real Estate Broker Charged With Embezzlement
A real estate broker in Massachusetts was just hauled into court on charges connected with the sudden closure of his company late last year. Stephen Webster left clients stranded, having allegedly diverted more than $11.6 million from escrow accounts. A large number of buyers and sellers lost their closing dates and their money. Some of…
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We All Deserve a Home, But Corporations Outbid Some of Our Friends.
Corporate buyers are snapping up residential properties in Massachusetts and pushing out long-time residents, according to a report by the news outlet 25 Investigates. These investment companies form a complex network, making it nearly impossible for individuals and towns to hold them accountable.
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Buying Property with a Quitclaim Deed in Massachusetts
A Quitclaim? No problem. It’s Common Practice Here — and Safeguarding Your Title Is Straightforward. Three major Massachusetts real estate deeds are commonly used: the quitclaim deed, the warranty deed, and the release deed. In contrast to most other places, Massachusetts home buyers receive their property through quitclaim deeds. So, we need to delve into…
