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Lynnfield, MA Real Estate News

By Jim Mushinsky
(Centsable Inspection)
A Lynnfield MA home buyer should receive a brochure, Home Inspectors Facts for Consumers Sheet, at the time of the signing of the first written contract to purchase. A standard home inspection in Massachusetts is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Lynnfield MA Home I...
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By Dana Bain
(Premiere Mortgage Services Inc.)
http://www.bainmortgage.com/MortgageMarketWeekInReview Newsletter-October 25th 2010      Provided by  Dana Bain www.BainMortgage.com Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices ended the week higher pushing mortgage interest rates lower. We had a week of very mixed data. Industrial production data was weaker than expected which was generally bond friendly to start the week. Stronger than expected housing starts data Tuesday was not what the bond market was looking for but the reaction was muted. Significant stock weakness Wednesday helped mortgage bonds finish the day in positive territory. This was followed by lower than expected weekly jobless claim...
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By Dana Bain
(Premiere Mortgage Services Inc.)
Obtaining a mortgage is often a confusing task that can also lead to frustration. The reason for the confusion is due to the fact that mortgage financing is complex. The good news is that this complexity provides consumers with options and choices best suited to fit their needs. Everyone’s financial position is unique. Some people have large cash reserves that can be used for down payments while others want to get into a home with little or no money down. Credit ratings vary from person to person. In addition, future plans vary. Some people plan on staying in their home for the rest of their lives while others only plan on staying for a few years. These facts alone make comparing your mortgage to your neighbor’s based on rate alone a flawed endeavor, yet many people attempt to do so. Ad...
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By Jay Burnham, The Coldwell Banker Guy
(Coldwell Banker)
Lynnfield's location between the major highways of Routes 1 and 128 has transformed this sleepy farming community into an affluent suburb of people working in boston and along the high-tech corridoe.  Strict zoning maintaiins Lynnfield's suburban serenity.  Residents of the town's quiet neighborhoods have access to a fine school system and attractive housing options that feature primarily single family residences in a variety of styles with well kept lawns and gardens.The population of Lynnfield is about 11,500 and the distance to Boston is 14 miles.Regards,Jay Burnham, VPColdwell Banker Residential BrokerageNorth Shore, Massachusetts     
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