Monthly Archives: May 2011

Insuring a Wellesley condominium

Question:  Before the kids move back, [only half kidding!] my wife and I are thinking about selling our Wellesley home and buying a condominium in Wellesley.  I understand  that with a condominium, we will own our own unit outright and … Continue reading

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Why can’t I sell my Wellesley home myself?

Question: Why can’t I sell my Wellesley home myself and save the five percent commission? Bill’s Answer: You know what they say about the defendant who choose to be his own lawyer.  You can ditto that for real estate. Be … Continue reading

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Should I rent a Wellesley condo to my mother?

Question: Rather than putting her in a nursing home, my wife and I have discussed buying a condo and charging her rent.  A friend of mine said that by renting to a relative I might be losing on tax benefits.  … Continue reading

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The Wellesley Real Estate “Mingles” market

Question:  I’m married and my sister is married.  We would like to move back to Wellesley and maybe buy a two-family house or a duplex together.  Does this make sense? Bill’s Answer:  It sure does and sounds like a great … Continue reading

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Buying a Wellesley home at age 50

Question: I realize that I’m starting late in life but at age 50, I’m in the market to buy a house and I love Wellesley.  Since most mortgages are written for 25-30 years, I’d still be paying at age 75 or … Continue reading

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How to safety-proof your Wellesley home?

Question: With a third child on the way, my husband and I have outgrown our Beacon Street, Boston apartment.  We’d love to move to a town like Wellesley.  I’m a woman who has  lived in  apartments her whole life.  What … Continue reading

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How can I sell my Wellesley home fast?

Question: My business requires that I relocate to another part of the country.  I want to minimize trauma for my family.  I want to move and get them re-settled.  In other words, I know that even in Wellesley, real estate … Continue reading

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Con men in Wellesley Real Estate?

Question: This didn’t happen in Wellesley but I heard a story about a widow who lost her home and a sizable amount of cash to a real estate con man.  Have you heard of anything like this? Bill’s Answer: The … Continue reading

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In Wellesley Real Estate, do I need a title search?

Question: I’m interested in buying an older home in Wellesley, maybe, an historic home.  In buying an older home in Wellesley, do I have to pay the extra money for a title search as part of the closing costs? Bill’s … Continue reading

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Looking for a real estate deal in Wellesley

Question: Bill, I’m 30 years old and  finally ready and, hopefully able, to buy a house.  I  graduated from Wellesley High School, and if there were any way possible, I would prefer to move back.  I know  that real estate insiders often … Continue reading

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