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Janine Elkhoury- Woburn Real Estate Agent

What do you need to know before relocating to a new town?

I am working with relocatin buyers in town this week. All the questions they have been asking made me feel the urge to create a flyer with some informations theey might need and be able to give it to other buyers. Theses are the points I was going to discuss and include websites where they can find their answers. Any more suggestions to add to the list

•· How much house can I get for my money?

•· How are schools rated?

•· What are some other factors I should take into consideration other than the mortgage?

•· Which neighborhood I would like to live in?

•· Is this neighborhood urban or suburban?

•· Where can I find information about the purchase process?

•· Where can I find information about the mortgage process?

Woburn MA Sales for November 2009

Single family home sales
This month 11 Single Family Listing homes sold with an Average List Price of $333,300 Average Sale Price of $319,936 the lowest sales of $259,000 and the highest price of $590,000. The Average Market Time: 61.09 witha a min. of 5 days and maximum of 253 days on the matket.

Condo Sales
This month 6 Condominium sold with an Average List Price of $280,750 and an Average Sale Price: $277,883 Average Market Time: 259.67 the lowest sales of $199,900 and the highest price of $375,000. The Average Market Time: 260 witha a min. of 5 days and maximum of 1075 days on the matket.

Multi Family Sales
This month we h ave no multifamily sales.

Condo Questionnaires

Should we be asking for the condo questionnaires to be reviewed by the buyers and their attorney on day one of the transaction. I had a deal fall through because the condo association had $30,000 delinquencu because of three units. Should those be seperated by the association as a seperate subdivision? Would you rell your buyers to walk away? When would you have found out about it 2 weeks before closing?

Remember ask for the questionnaire as part of your offer and make the seller pay for it.