Boston Luxury Real Estate Insider Blog

Homeowners insurance is a must have with the purchase of a home. Most lenders require it. So you should make sure you have the right coverage including coverage for personal items. I recommend you review your policy with your agent or provider to make sure you are properly covered for fire, water damage and liability. I also found this article on the Boston Globe website that is helpful: http://www.boston.com/realestate/news/blogs/renow/2009/12/homeowners_insu.html 

You can also contact our recommended insurance agents:

Peabody Insurance 116 Main Street Peabody Ma 01960 Agent: Richard Disessa. Phone 978-531-9863 Fax 978-532-1272 Email: peabodyinsurance@comcast.net

Gaurd Insurance 279 Mount Aburn Street Watertown Ma 02472 Agent: Vickie Fotopoulos. Phone 617-926-4000 Fax 617-926-8334 Email: Vfotopoulos@guardinsure.com

 

The Good news for first time home buyers is tax credit extended for sure. Congressman Maurice Hinchey helped secure legislation that will extend the $8,000 federal tax credit for first time home-buyers, and create a new $6,500 tax credit for people who have bought a home in the last five years. Hinchey says it was important to extend this legislation through April 30th of 2010, because it’s been a successful law so far.”It provides opportunities for people to buy homes who wouldn’t have the opportunity, because the $8,000 provides them with the incentive they need, and the additional financial help they need to actually buy that house,” said Rep. Maurice Hinchey, (D) 22nd District. Hinchey says he doesn’t know if there will be another extension, because it all depends on the program’s success.

 

We checked in with our lending specialist Jason Deeb at MSA Mortgage and here is what he sent us to help understand the process.  Jason Deeb says with the recent extension of the First Time Homebuyer Tax Credit, after consulting with many MSA clients who purchased a home for the first time and had difficulty visualizing the process. Many of our clients have found our flow chart extremely helpful so I wanted to pass it along to you to forward to your clients. Please let me know if I can send it to you or if you have any questions. Contact Jason Deeb Senior Loan Officer Direct: 781.486.7143 Cell: 917.721.2111 Fax: 781.245.7373 Email: jdeeb@msamortgage.com

Now is the time to rent in Boston.  With so many brand new building developments such as 1330 Boylston Harborview Charlestown; and Trilogy, recently completed there is a greater supply of luxury apartments than demand for them.  As a result, many buildings are offering very attractive incentives to renters.

Archstone Avenir is offering two months free on a 13 months lease.  This adds up to some big savings.  For example, a 1 bedroom which typically rents for $2,500 per month would now rent for $2,115.  A savings of $5,000 over the term of a 13 month lease.  Archstone is also paying the full broker’s fee, which is an additional month’s rent.  Essentially, you are getting 3 months rent for free.

Archstone Avenir is offering renters some of the most aggressive incentives but many other properties are following their lead.  Buildings, all over Boston, which historically had few available apartments are now offering one or two months free, reduced parking rates and waiving amenities fees.

For the most up to date incentives on all of the luxury buildings in Boston please give me a call or email me Bill Carr 781-859-9805 williamc@rikemanre.com

Yes, It’s true! How would you like to live in a full service luxury building with a roof-top pool, fitness center PLUS an included parking spot for under $2000

These apartments were all recently renovated and offer:

*Roof-top Pool
*Great location
*Terraces
*24 / 7 Concierge and Security
*Stainless Steel Appliances
*Marble Countertops
*Underground Parking (INCLUDED!)
*Fitness Facility

These apartments, just like 90% of our rental listings have NO REALTORS FEE.

Call our office today at 617-236-5005 and we can arrange a showing of these beautifully renovated apartments.

RENT AN APARTMENT BY AUGUST 15 AND GET TWO FREE MONTHS RENT!! (YOU COULD SAVE OVER $6000!!

Archstone Avenir is Boston’s newest luxury apartment building. Located across the street from the TD Banknorth Garden, Avenir offers:

* Brand-new studio, one, and two-bedroom apartments

* Sophisticated duplex lofts and flats

* Kitchens feature Bosch stainless steel appliances and frosted glass accent cabinetry with chrome trim

* Granite countertops in kitchens and baths

* Brazilian cherry wood plank flooring and high-end Berber style carpeting in bedrooms

* Energy efficient Bosch washer and dryer in every home featuring ECOSENSOR

* Floor-to-ceiling windows

* Expansive ceilings up to 20 ft. tall

* Designer lighting in entry, kitchen and dining areas

* Bathrooms feature black natural slate flooring, oversized soaking tubs with sculpted arms/head rests and rain shower heads for natural rainfall experience

* Juliet balconies and private terraces

* Sweeping views of Boston, The North End, Beacon Hill and Zakim Bridge

* Rooftop Sky deck

* OVER 70 DIFFERENT FLOOR-PLANS TO CHOOSE FROM!

CALL RIKEMAN REAL ESTATE AND WE WILL ANSWER ANY QUESTIONS AND ARRANGE A SHOWING OF THESE BEAUTIFUL APARTMENTS

THERE IS NO REALTOR’S FEE FOR THESE APARTMENTS AND FOR MOST APARTMENTS WE SHOW

CALL 617-236-5005 AND ASK FOR RYAN

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We provide to you at no cost……..www.bostonerealty.com and www.luxreblog.com. I look forward to your response.  

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If you are interested in working with me for the highest commissions paid in a luxury real estate environment. Please send resume or respond via email to schedule a confidential interview. Check us out at