We hope that this email finds you safe and healthy. If you are like most of the United States, you are watching more television than ever during the Covid pandemic. Have you noticed how many people are broadcasting live from their homes? If so, have you taken note of the adorable pets, crazy paint colors and amazing kitchens? We certainly have!
Not surprisingly, Twitter has been a hot spot for commentary on what is happening in the world. If you need some amusement, check out the tweets from Room Rater @ratemyskperoom. The tweets have become so popular that they were even highlighted on the Today Show:
As always, please let us know if we can assist you in any way. Please continue to stay safe.
John & Faye
**** Please note that we have moved. Effective as of 4/13/2020, our office is now located at 491 Mt. Hope Street, North Attleboro. ****
The real estate market is so hot right now. Last month looked like mid summer in terms of activity, which is unheard of but also a very positive sign for spring (especially since interest rates just went down more)!
We would be lying if we said it was one demographic group coming through our doors. We are seeing younger, older, single and married individuals, as well as first time homeowners, people buying second homes or investment properties, as well as refinances, new construction and flips!
There is not one mortgage type that is a “one size fits all” for these situations. Realtor.com published a great article about the different types available:
If you have questions regarding mortgages (or need contact information for an awesome loan officer), please feel free to reach out to us!
We have so much respect and gratitude for our veterans and active military. As a small offering of gratitude, we will be offering a 10% discount to veterans and active military who purchase a title insurance policy written by us through Old Republic Title Insurance. This offer only applies to new policies and we can not retroactively reimburse you for previous transactions.
Some of our lenders and realtors offer discounts for veterans and active military also; please let us know if we can help you put together a team for your next home or refinance!
John & Faye
We are going to let you in on a little secret. Sellers do not need to attend the closing when they sell a property. In fact, many attorneys would prefer that sellers do not. Here’s why:
1. Small talk between the parties can be downright scary. We recently worked with a buyer who, mid-closing, asked the seller why there were coffins in the basement. Yes, you read that correctly. COFFINS.
It’s safe to say that it was a pretty scary few seconds until the seller gave a “reasonable” response. While this question is a once in a lifetime, small talk between the parties always has the potential to derail a transaction and nobody wants that to happen.
2. In most cases, the seller leaves the closing table without a check in their hands (unless the closing happens at the Registry of Deeds). The transfer of ownership needs to be “on record” before the seller receives a check or wire for their proceeds. Recording may take a couple of hours, especially where some lenders require authorization prior to filing documents at the Registry and (electronic) recording takes a little while to process.
3. Your attorney can sign documents on your behalf with a Limited Power of Attorney. By having your attorney sign for you, your time can be spent signing documents for your next home, working or having coffee with a friend.
A Limited Power of Attorney allows someone to act on your behalf for a specific transaction or purpose. By contrast, a Durable Power of Attorney allows someone to assist you more broadly with legal and financial matters.
As always, please let us know if you have questions about this topic, need representation in the sale or purchase of a home, as well as any other legal matters.
If you are interested in this topic, you may enjoy this article :
John and Faye