Posts by Joshua Blumen
Seller FAQ: Do I have to attend the closing?
Do I have to attend the closing for the sale of my home in Massachusetts? With proper planning and good advice, probably not. In fact, for a variety of reasons, you may prefer not to be there — particularly if there is tension between you and the buyers or you have another transaction on the…
Read More
Down Payment Gifts: Not just for first-time homebuyers
Can my family give me the money for a down payment on a home purchase in Massachusetts? Absolutely! As a matter of fact, according to IRS guidelines for 2018, anyone can give another person – family or not – up to $15,000 per year without having to file a gift tax return. This means that…
Read More
Refinance FAQ: No Check at the Closing?
I am refinancing my home in Massachusetts to pull out cash because mortgage rates are so low. How come I don’t get a check at the closing? The short answer is that there will not be any “cash-out” refinance money available until a few days after your signing. Let me explain… When you are refinancing…
Read More