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Interest-Only Loans Re-Emerging as a Borrowing Alternative

In recent years, interest-only loans earned a reputation as products that contributed to market volatility and the mortgage crisis of 2008.  These days, however, they are becoming more well regarded by economists as lenders began requiring of customers a higher than...

Declining Oil Prices to Benefit Mortgage Rates

The recent dip in home heating oil prices resulting from the slowing global economy is expected to benefit borrowers.  Long term T-bills also decline under such circumstances and are a bellwether for the mortgage industry, suggesting tentative buyers reexamine their...

Hot Trends in Real Estate Seminar a Huge Success

Wednesday’s seminar featuring real estate developer Dave Guthrie, marketing and sales consultant Tom Skahen and Princeton Properties legal counsel Jeff Brown was well received by attendees.  The audience of 65 people filled the room and consisted of real estate...

Warm Weather Condominiums Available

In light of the Canadian Express now arriving in the region, the Perkins & Anctil Real Estate Team would like to offer suggestions to buyers for properties in any of the locations listed in the attached article from the Huffington Post.  We were surprised to see...

Jumbo Loan Applications are Becoming Time Sensitive

With increasing instability in the jumbo mortgage market, experts are recommending quick action.  The Fed has suggested jumbo rates will go up in 2015 but as of yet, they remain near their lowest in years, prompting the Wall Street Journal to post an article with...

Boston Condominium Has Interesting History

The building at 99-105 Broad Street now houses upscale condominiums but has served a number of other purposes since its construction c. 1857.  Built for William H. Boardman, a third generation Boston merchant, to house merchandise acquired in overseas trade, the rare...

Hot Trends in Real Estate Seminar Scheduled for January 7, 2015

Perkins & Anctil is hosting a seminar for those interested in learning about alternative development and community association choices that are becoming more readily available in our region.  Concepts such as seasonal neighborhoods and active adult communities,...

CAI Urges Congress to Extend Terrorism Risk Insurance Program

Forwarded by Senior Partner Charlie Perkins from Community Associations Institute Government Affairs: The 113th Congress has adjourned without extending the Terrorism Risk Insurance Act (TRIA). While legal authority for the TRIA program expires on December 31, 2014,...

Community Association Profile: Summer Village in Westford, MA

Long Sought For Pond in the north part of town has long been a summer gathering place for local residents as well as out-of-towners.  Summer cabins have existed on the lake for over a century but none were organized as a community association until recently.  Built...

Tax Breaks in Store for Short Sellers

The U.S House of Representative has agreed not to consider mortgage forgiveness as income in connection with a short sale.  This is an extension of the Mortgage Debt Forgiveness Act of 2014 and provides a measure of protection to those owners able to complete a short...

More Home Buyer Advice

We have posted in the past about ways for first time buyers to make the buying process a bit smoother.  These have included managing expenses prior to the purchase, obtaining professional assistance during the transaction, and how to choose a lender.   Attorney Rick...

Community Association Profile: The Village At Salisbury Square

Real estate developer and P&A Client SPL Development Group, LLC has nearly finished the build-out on its project in Salisbury, MA called The Village at Salisbury Square.  With 27 units sold as of December 8, only four remain in the pocket style neighborhood.  As a...

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