CENTURY 21 Bond Realty, Inc. | Malden MA Real Estate, Medford MA Real Estate, Melrose MA Real Estate


From the time an offer is made on a property, and the deal is done, you may face quite a few challenges. Whether you’re buying or selling a home, the process can be dizzying. There are a lot of things that go on from the time an offer is accepted, and the closing table is reached. The entire process of home buying and selling is designed with built-in protections to help both buyers and sellers avoid feeling a lot of regrets. Below, you’ll find some familiar situations in the buying and selling process, and what’s available to help you avoid disappointment.


Once An Offer Is Accepted, Is It Binding? 


If you were overzealous to accept an offer on the home you’re selling and wish you had looked at others before making a decision, you’re not out of luck. Once you’re under contract, you’re obligated to sell to a buyer. The reason you may want to look at other offers is that it doesn’t hurt to have a “backup” buyer. If something falls through with the first buyer, the second buyer in line becomes automatically under contract. While you may not necessarily sell for more, in this case, there’s a sure way available to help you sell your home fast. 


The Buyer Doesn’t Have The Financing They Thought They Did


If a buyer’s financial backing falls through or if the buyer is unable to get financing by the closing date, as a seller, you can walk away. Any financial changes to the contract that would impact you as a seller including a change in the type of loan, downpayment amount, or any variation from the contract terms allow the seller to end the contract unscathed. 


Something Wasn’t Disclosed About The Property


Not everything is required to be disclosed by a seller. It all depends upon the rules within the state where you are buying. Understand what’s required to be revealed. If you feel uncomfortable with something, you can inquire about it, or add a contingency to have the problem addressed. Things like a death on the property can't be changed, for example. Your state may not even require that these events be disclosed.


The Home Inspection Raised Some Concerns 


If the home inspection reveals some issues that the seller isn’t willing to fix, you have the right as a buyer to walk away. In many cases, these problems would be things like wiring or plumbing issues. 


The Property Appraised For Less Than The Offer


If the property appraises for less than what you offered for the home, you may feel quite upset as a buyer. Don’t worry! There are a few things that you can do. Lenders won’t give you more than what the property appraises for. You can, however, bring more of your own cash to the closing table. You can also wait for the seller to adjust the asking price, or withdraw your offer altogether. The problem with the last solution is that you may lose any earnest money deposits      



This Single-Family in Malden, MA recently sold for $321,000. This Ranch style home was sold by Office Century 21 Bond - CENTURY 21 Bond Realty, Inc..


53 Grant Road, Malden, MA 02148

Linden

Single-Family

$314,900
Price
$321,000
Sale Price

5
Rooms
2
Beds
1
Baths
Sweet move in ready Ranch on desirable and private street in Linden! Enjoy the ease of one level living! Step into the adorable living area and instantly feel at home! Pass through into the eat-in-kitchen with pretty backsplash and separate laundry space. The adjacent and oversized family room is currently being used as a third bedroom and offers many possibilities, as it provides a convenient entry way and flow to the backyard! The two bedrooms are spacious with floor to ceiling closets!! Refreshed bathroom with new vanity and tiled shower! Newer gas heating system! Garage with automatic door and off-street parking! Nice fenced-in private yard! A perfect home for the first-time home buyer or downsizer! Tucked away from the hustle and bustle of the city but super convenient to Route 1, The Tobin Bridge, Logan Airport, The Linden Steam Academy, and the Mystic Valley Charter School! Why rent when you can own this darling slice of Malden?




This Single-Family in Malden, MA recently sold for $570,000. This Split Entry style home was sold by Office Century 21 Bond - CENTURY 21 Bond Realty, Inc..


414 Fellsway E, Malden, MA 02148

Malden West End

Single-Family

$599,900
Price
$570,000
Sale Price

9
Rooms
3
Beds
2/1
Full/Half Baths
Sitting majestically on a corner lot in the prestigious West End is this amazing split level ranch. Featuring gleaming hardwood floors, huge open living room and dining room with bookcases on each side of the elegant fireplace. Bright and airy kitchen with breakfast bar, skylight and dining area, master bedroom with private full bath, two additional bedrooms and full bath complete the 2nd floor. Enjoy the three-season sun room which leads to the large private deck The lower level is huge with finished family room/game room with fireplace, built in bar area, 1/2 bath and access to two car garage under with plenty of storage. Located within minutes to the Fells Reservation, Stone Zoo and quick access to all major routes and public transportation, this home is a commuters dream!

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This Condo in Lawrence, MA recently sold for $192,500. This Townhouse style home was sold by Office Century 21 Bond - CENTURY 21 Bond Realty, Inc..


89 Jamaica St, Lawrence, MA 01843

South Lawrence

Condo

$199,900
Price
$192,500
Sale Price

5
Rooms
2
Beds
1/1
Full/Half Baths
Small complex with beautifully upgraded 2 beds and 1 1/2 baths in desirable South Lawrence. Great commuter location with easy to access to major highways. Hardwood floor throughout 1st and 2nd floor. Updated kitchen countertops and stainless appliances with private deck. 1st floor also features a convenient half bathroom. 2nd floor with 2 spacious bedrooms and a full bath. Partially finished basement with laundry in unit.

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191 Pearl St., Malden, MA 02148

Edgeworth

Multi-Family

$599,900
Price

2
Units
1,636
Approx. GLA
Fabulous Edgeworth location. This brick 2 family has been in same family for many years and offers 2 floors living space per unit or combine both units to have once huge single family. The choice is yours. Boasts a charming back yard and garage. Recent updates include a newer kitchen on 1st floor, plus a new roof, rear deck and hot water tank. Home could use a little tlc to make it shine once again. Wood floor under most carpets. Located short walk to Hong Kong Market/Super 88, Malden center train stop, shopping, an outstanding range of restaurants and brew pubs plus easy access to all major highways. Don't miss the opportunity to own in this great neighborhood at an affordable price. 1st show at open house Sat. 8/18 11:00-1:00 Sun. 8/19 11:00-1:00.
Open House
Saturday
August 18 at 11:00 AM to 1:00 PM
limited showing times. visit open house if possible.
More Open Houses
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Location: 191 Pearl St., Malden, MA 02148    Get Directions

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