Buying and Selling a home in the Greater Boston Area

Debby Heffernan

Recent Posts

How Does a Buyer's Agent Get Paid?

Posted by Debby Heffernan on Mon, Jun 4, 2012

Even though I have been brokering real estate for over 20 years, I forget that first time home buyers often don’t understand how buyers agents get paid.  By the time many of you connect with an agent, you‘ve seen every property on the internet, maybe visited open houses, gorged yourself with information from various websites, but never learned along the way how a buyer’s agent is compensated.

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Topics: buying a home, buying a condo, buyer's agent

Who's that hosting Open Houses and Real Estate Boston MA

Posted by Debby Heffernan on Wed, Apr 18, 2012

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Topics: real estate professional, open houses, MA Real Estate, buyer's agent, seller's agent

What's the Skinny on Short Sales for Arlington MA Real Estate?

Posted by Debby Heffernan on Tue, Mar 27, 2012

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Topics: Arlington MA homes for sale, Arlington MA, Living in Arlington MA, short sales, foreclosure

Buying a condo means no more shovelling!

Posted by Debby Heffernan on Sun, Oct 30, 2011

Time for a Change?

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Topics: MA Real Estate, Property Search, buying a condo

Greater Boston Area Homeowners- Don't Miss Out On 2011 Tax Credits

Posted by Debby Heffernan on Tue, Oct 25, 2011

Fall is here and winter is around the corner. If you haven’t started taking action about making your home more energy efficient this winter, don’t wait any longer. One of the best ways to start is with a free energy assessment from MassSave.

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Topics: energy efficient, Home maintainence, Greater Boston Area

5 things you can do in Lexington MA to keep your heart pumping!

Posted by Debby Heffernan on Wed, Jul 20, 2011

Can Living in Lexington MA Keep You Fit?

Is the value of your Lexington home influenced by the amenities that the community offers? Is the number and the variety of recreational facilities a reflection of the community's commitment to provide a healthful environment? If yes, then the Town of Lexington is doing a great job.

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Topics: Minuteman Bikeway, MA Real Estate, Property Search, Lexington MA, recreation

Avenue 3 asks: Are you a good candidate for a short sale purchase?

Posted by Debby Heffernan on Fri, Jul 15, 2011

I was counseling a buyer client recently who was relocating for a job and he had ninety days to be moved into a new place. He was keenly interested in the prospect of getting a bargain if he purchased a single family home which may be a "short sale". I didn't want to be a pessimist, but I told him we needed to have a discussion about the " Facts of Life" of a short sale.

First off, a " short sale" isn't necessarily a quick sale. 90 days might seem like a long time, but in the life cycle of a short sale, it is not. A short sale is a pre-forclosure transaction and it involves many layers of decisions and actions by people who are not usually communicating with each other in a timely oe efficient fashion.

A short sale occurs when the mortgage debt on a property exceeds the value of the property and the lender or lenders agree to accept less than the full amount of the debt. Even if a homeowner is willing to accept a certain price which is less than the amount of the debt, any offer is subject the lender's final approval. If the is more than one lein holder, the process is even more complicated.  

The most important prerequisites for a buyer for a successful short sale is patience and flexibility. The lender is in control and the buyer is not.

For details and tips for purchasing a short sale:

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Topics: single family homes, homes for sale, property values, short sales

3 good reasons for living in Arlington MA: Naturally

Posted by Debby Heffernan on Fri, Apr 29, 2011

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Topics: Arlington MA, Arlington MA Real Estate, Living in Arlington MA

Avenue 3 talks Spring Spruce-Up "Daily Deal" Alerts!

Posted by Debby Heffernan on Thu, Apr 14, 2011

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Topics: open houses, Arlington MA homes for sale, Arlington MA, Arlington MA Real Estate, homeowners, selling your home, Boston area

Boston Metro West- here it comes.....Ready, Set, Snow !

Posted by Debby Heffernan on Tue, Nov 30, 2010

Thanksgiving weekend I sat down to compile my checklist for winter’s arrival. Those of us who own Cambridge real estate or property in  Arlington, Belmont and Somerville and the rest of the Greater Boston communities, know that it’s best to be prepared for what Mother Nature throws our way.

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Topics: Cambridge MA, Arlington MA, Belmont MA, Greater Boston Communities

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