What To Look For When Buying a Home in Massachusetts
Massachusetts is a beautiful state, and people consider it one of the best places to live within the country. However, Massachusetts has a few different regulations and characteristics that you need to consider if you’re moving here. To ensure that the process goes smoothly and that you’re content with your new home, we share what to look for when buying a home in Massachusetts .
Massachusetts Allows Dual-Agency
When it comes to real estate, dual agency is a legal practice in Massachusetts. The term dual agency describes an arrangement where the real estate agent represents both the buyer and seller. This is typically rare because it’s difficult for a real estate agent to promote the interests of both parties. Under normal circumstances, a real estate agent represents the interests of the seller only. For this reason, it’s a common concern that a dual agent will be biased against buyers, and it’s worth being aware of so that you understand all of your options.
An Attorney Is Involved
Another distinctive aspect of knowing what to look for when buying a home in Massachusetts is that you need to get ahold of an attorney. This is atypical in the majority of states, but it’s a requirement in Massachusetts. The attorneys are involved in the negotiations and drafting of purchase and sales agreements. They also deal with real estate closings. This can actually be a boon for you if you need help deciphering the P&S forms, as they can be incomprehensible to buyers unfamiliar with them.
Greater Risk of Asbestos
The Northeast has the largest concentration of old homes in the country, meaning there’s a greater chance that you’ll come across asbestos. This material may still exist in some houses that people built when it was a common insulation material, and people didn’t know about the toxic side effects yet. If the home you’re considering does prove to have asbestos, don’t try to remove it on your own. Find our asbestos removal services in Boston to have professionals handle the problem quickly and safely. You’ll never have to worry about any lurking threats within your new home again after we come through and eradicate the issue.
