Malden, MA

Everyone knows how important it is to get a life insurance policy - especially these days. Getting life insurance is one of the ultimate ways to show your family that you care because you're looking out for them when you're no longer around to provide for them.

If you're just now considering life insurance, you should know that many things factor into your policy. Age, health conditions, and salary are just a few of the many things that will determine your premium and coverage.

Here are a few questions to think about before meeting with a life insurance carrier. These are a few of the questions that are usually asked:

1. Do you want to leave an education fund for your children?
2. Do you want to pay off your current mortgage?
3. Do you want to pay off all your debts, including cars and credit cards?
4. Do you want your final expenses paid for?
5. Do you want to leave an income for your spouse in addition to any Social Security benefit you may receive?
6. Do you want to leave any money to a favorite charity or church?
7. Do you want to leave money for any other reason?

Again, this is just for starters. But questions such as these must be considered before purchasing a life insurance policy.

For more information on life insurance, contact us today. We will listen to your specific needs and find the right coverage for you.

Paul T Murphy Insurance Agency

16 Lebanon Street Malden MA 021048

781-321-9700

WWW.PaulMurphyInsurance.com

Facebook.com/paulmurphyinsurance

Twitter.com/ptminsurance

Malden, Massachusetts Home Buying Guide

Purchasing a home for the first time can be a very stressful and complicated process. Enlisting the services of experienced real estate related professionals will provide you with the information and advice to make sound decisions. Buyers often interview mortgage loan officers, Realtors, attorneys, home inspectors, accountants and financial advisers during the process of purchasing a property. Information regarding the home buying and selling process, demographics, commuting, school and relocation information can be found by visiting

MALDEN MA REAL ESTATE

Financing

Most home buyers will obtain a mortgage to purchase their home and there are numerous first-time home buyer financing programs offered by state agencies, local banks and national lenders. A common source for mortgage funding is the FHA (Federal Housing Administration). The major benefits of their programs include low down payment options (can be gifted by a family member), flexible qualifying, assumable mortgages, and rehab financing.

In 2009, there are four major reasons to consider purchasing your first home:

1. First-time home buyer tax credit of $8000 (for qualified buyers).
2. Historically low interest rates.
3. Affordability - declining values in the past three years provide exceptional price offerings.
4. Tax benefits - current tax law favors owning a home over renting.

The Home Search

Consumers in Massachusetts have the option of hiring a real estate agent to represent them in "buyer agency" and this is disclosed in a "mandatory disclosure form" required by state law. The agent has a fiduciary responsibility to represent the buyer's interests instead of the seller's. Interview two or three agents to determine their qualifications before signing an agency contract.

Your agent can assist you in searching for a property through the Malden MA MLS (Multiple Listing Service) and homes sold by their owners (FSBO). Most property for sale, including Malden MA foreclosed and bank owned homes, is listed in the MLS. Visit Malden, MA Real Estate - MA MLS - Find Homes For Sale for a map based search with listings located by neighborhood.

Home Inspection

Once you have found the property and successfully negotiated a purchase and sales agreement, you will probably contract for a home inspection. This will give you more detailed information about the overall condition of the home prior to purchase. In a home inspection, a qualified inspector takes an in-depth, unbiased look at your potential new home to:

1. Evaluate the physical condition: structure, construction, and mechanical systems;
2. Identify items that need to be repaired or replaced; and
3. Estimate the remaining useful life of the major systems, equipment, structure, and finishes

Title and Closing

Title companies or attorneys will research the title to make sure both the lender and the buyer is protected and has "clear title" to the property. Prior to the actual closing, most buyers schedule a final walk-through with their agent to inspect the property. Once the closing is complete buyers can now occupy their new home.

Visit Virtual Homes real estate to visit cities and towns to obtain home buying information. Visit Rhode Island real estate, MA real estate and NY real estate for information about communities, homes and condominiums.

Malden MA Homes and Real Estate Market Activity - YTD (10/31/2009)

There were 159 single family residences sold YTD in Malden, MA with an average sales price of $265,092 and an average days on market (DOM) of 103. The selling range was a low of $32,500 and a high of $475,000. As of October 31, there were 44 homes on the market with an average list price of $324,119, and an average DOM of 130. There were 22 homes under contract with an average price of $269,353 and an average DOM of 113.

Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services.

Malden MA Real Estate - Community, relocation and school information with town demographics.

Malden MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

Malden MA MLS Search - View all listings in the statewide MLS. For a condo search, visit Malden MA Condo.

Malden MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.

This report is based on activity reported from the MLSPin MA MLS system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.

Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate. For information regarding foreclosures visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.

Malden MA Condo Market Activity - Year to Date (10/31/2009)

There were 87 condos sold YTD in Malden, MA, with an average sales price of $190,948 and an average days on market (DOM) of 104. The selling range was a low of $49,900 and a high of $390,000. As of October 31st, there were 47 units active on the market with an average list price of $218,840 and an DOM of 128. There were 20 units pending with an average list price of $190,550 and an average DOM of 59.

The average sales prices declined substantially from 2008 values. This is primarily a result of the foreclosures being purchased by first-time home buyers taking advantage of the home buyer tax credit. Most of the activity is at the entry level with buyers utilizing FHA financing due to the low down payment requirement. However, a number of condominium complexes do not have FHA approval, which effects the values negatively.

Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services.

Malden MA Real Estate - Community, relocation and school information with town demographics.

Malden MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

Malden MA MLS Search - View all listings in the statewide MLS.

Malden MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.

This report is based on activity reported from the MLSPin mls system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.

Malden MA Real Estate For Sale - Homes walkable to the Oak Grove T

Below are my choices for the best single family homes and condos that are located within walking distance (1/2 mile) of the Oak Grove MBTA Station on the Orange Line. The city of Malden is a wonderful place to reside and provides a price point that's a nice alternative to Medford, Somerville, Boston and Cambridge. In addition to being an easy walk to the T, these properties are also close to Malden Center, plenty of shopping and retail at Glendale Square and Wellington Circle, and easy driving access with the nearby routes 60, 16, 99, 28, 38 and I-93. Take advantage of the extension of the federal tax credit and find your dream home in Malden today. Call Mike at 508-410-3993 or email mikesmahomes@gmail.com for more info.

Be sure to visit our blog all about properties for sale near the T: www.walktombta.com
Real Estate for Sale that's near the MBTA in Boston, Quincy, Somerville, Cambridge, Malden

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Single-Family Homes in Malden MA
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Malden: Oak Grove MA
$314,900 ID# 70989947
41 Glen Rock Road
Malden, MA:Oak Grove 02148
Bungalow GLA 1,245 Acres .33 Baths 1
Click here for more info
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Malden MA
$329,900 ID# 70984096
20 Clinton St
Malden, MA 02148
Colonial GLA 1,245 Acres .11 Baths 2
Click here for more info
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Malden: Oak Grove MA
$349,000 ID# 70990808
18 Lyle St
Malden, MA:Oak Grove 02148
Cape GLA 1,218 Acres .13 Baths 1 Half Baths 1
Click here for more info
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Malden MA
$435,900 ID# 70990229
196 Glenwood st.
Malden, MA 02148
Colonial, Gambrel GLA 2,582 Acres .15 Baths 2
Click here for more info
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Malden: West End MA
$439,900 ID# 70995015
51 Corey Road
Malden, MA:West End 02148
Ranch GLA 1,868 Acres .31 Baths 1 Half Baths 1
Click here for more info
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Condos in Malden MA
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Malden MA
$172,380 ID# 70944939
180 SUMMER STREET U:102
Malden, MA 02148
Low-Rise GLA 850 Baths 1 Half Baths 1
Click here for more info
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Malden MA
$314,900 ID# 70796705
145 Glenwood St U:207
Malden, MA 02148
Low-Rise GLA 966 Acres .00 Baths 2
more info
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Malden MA
$325,000 ID# 70974454
31 Greystone U:3
Malden, MA 02148
Other GLA 900 Baths 1
Click here for more info
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For more info and help findong your ideal Malden/Oak Grove property
call Mikes at 508-410-3993 or email mikesmahomes@gmail.com