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Buying your first home was complicated. Buying your second home while selling your first will be a little more complicated.

Before you go making offers you should have a solid transtition plan from your current home to the new place.

  • Do you have funds available for a down payment on the new place?

  • Will you need temporary housing between homes?

  • Do you have a realistic number in mind for selling the current place?

  • Are there tax implications you need to consider?

  • Can you buy the new home without Selling your current home?

As a real estate agent I have seen my clients make the move several different ways. In 2012 a client had me sell their condo and find them a rental. They wanted to have cash available while they took their time and found a new home.

Most clients however would prefer one move from the current home to the new home. When you make an offer you may want to structure in a sale contingency to protect yourself in the event the sale of your current home falls apart.

But be warned most Sellers in the current market will n...

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Best Deal in South Boston $3,000

NEW PRICE AS OF 9/28/2018 $2,500

East side four bedroom. All cleaned and ready for a 9/15 move in. Private back deck. Big living room and EIK. Shared laundry in basement. Nice location near M Street Beach. Good price for great tenants. Owner occupied property. Sorry no pets and no smoking.

For move in you would need first, last, security deposit and brokerage fee.

9 Monk St Unit 2

Uploaded by COMPASS: Stephen McCarthy on 2017-09-02.

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Apartment rental application process for listings by Stephen McCarthy

Note at the current time all apartments are subject to a brokerage fee equal to one month's rent payable by the tenant.

1) Complete, sign and return this application

2) Complete a credit screen here

3) I will need a copy of each applicants driver's lic. or state issued ID

4) I will need recent pay stubs for each applicant

5) If there is going to be a co-signor they need to complete an application and credit screen also.

6) A check payable to Compass in the amount of first month's rent. This will be applied to the brokerage fee.

7) If your application is declined your deposit check will be returned

8) If your application is accepted appropriate lease documents will be issued via...

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oday I listed 135 Chelsea Street in East Boston. MLS sheet attached.

Unique property could be a great opportunity for someone looking for business location.

Also might be suitable for a teardown and build a multi fam.

Very high traffic location.

Property to be sold AS IS - Buyer is responsible for their own due diligence. This is a one story building with basement on a corner lot. Owned by the same family since 1982. Last use was for an accounting firm. High visibility corner in booming East Boston. 6 Big windows at sidewalk level. Corner entrance, side entrance and basement entrance. Located across from Santarpio's Pizza at the corner of George R Visconti Road and Chelsea Street.

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Live on South Boston's booming West Side in this spacious one bedroom corner penthouse. Featuring over 900 square feet of living area this offering includes one assigned parking space and extra storage in the basement. Freshly painted and ready for move in however the new owner will probably want to install new flooring and a new kitchen. Call your contractor and make this place your own. Move right in or renovate either way a great opportunity for a savvy buyer looking to get into the South Boston market.

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Robert Reffkin: Compass' Mission

Compass Founder & CEO Robert Reffkin introduces our company mission at our June 2017 all-team meeting.

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The offer has been signed so your next step is the home inspection.

First of all, in this busy market the buyer should schedule the inspection as quickly as possible.

Home inspectors book quickly and can often be tough to get. Keep in mind the inspection might reveal something neither the Buyer or Seller expect. It is best to discover any surprise sooner rather than later so each side can respond appropriately.

Depending on the inspector and the property inspections typically take about 90 minutes. I have seen them done under an hour and had marathons inspections that ran for 5 hours +.

A licensed home inspector will review the interior and exterior of the property all of the systems and components of the property. See Home Inspection Fa...

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Good news you just got a letter in the mail from an investor that is willing to pay you cash for your property.

All cash, close whenever you want, no brokerage fees and the buyer will pay your closing costs.

If you own an investment type of property you might get several letters like this every month.

Just beware if the buyer is giving you every possible term you could want they are probably skimping out on the one term that matters most.... PRICE.

Chances are the cash offer they present you will be much lower than the actual market value of the property.

Recently I sold a home for a client who had received a cash offer for his property of $385,000. He was very happy and ready to accept. Fortunately he called me first, hired me and the p...

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Recommended reading if you are tracking the Boston residential real estate market.

Check out the write up for my favorite neighborhood, South Boston.

Click for the complete Compass' 1Q17 Boston Market Report.

We are excited to announce the release of the Compass' 1Q17 Boston Market Report. This report highlights the prevailing trends shaping the market from this past quarter and provides a glimpse into the research and data analytics in which Compass prides itself.

Condominiums

The condo market in Boston is off to a strong start in 2017. Inventory increased 15.9% year-over-year to 1,778 units and median asking price increased 10.2% year-over-year to $799K. The number of sales increased 8.3% year-over-year to 787 closed transactions. South Boston had the highest number of condo sales with 111 un...

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Since joining Compass I have seen first hand their technology get better and better.

I use the Compass iPhone app all day long keeping up to date on new listings in South Boston and all around Boston.

Please give it a try and tell me what you think.

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Contact Stephen



126 Newbury Street, 5th Floor
Boston, MA 02116
617-320-7219