Posts Tagged ‘first time homebuyers’
Owner’s Title Insurance: What is it and why do you need it?
You’re about to close on the sale of your home. The buyer has lined up financing. You’ve lined up the movers and the final walk-through. Everything is on track and on time. Until you get a call from your attorney. There’s a problem with your title — and it’s complicated. The bottom line: You aren’t…
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…
5 Documents You Need to Keep from Your Massachusetts Real Estate Closing
Whether you’re buying or selling, all real estate closings have a couple things in common: They all come with a lot of paperwork. And they often happen as you are getting ready to move — a fairly chaotic time that can make it difficult to keep track of important documents. Here are five key documents…