Centers And Squares
Welcome to Centers and Squares
As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.
Massachusetts Home Sales Impacted by Flooding
Water bubbling up from the street in Arlington after the rain
Massachusetts Home Sales Impacted by Flooding Real estate agents and buyers have slogged through a lot of wet basements in Massachusetts in the last few weeks. It was the worst flooding in Eastern Massachusetts in decades. Even days after the rain ended you would still come across sump pumps dumping water out onto yards or sidewalks from flooded basements.
The flooding, and the fact that much of Massachusetts was declared a disaster area, is impacting real estate closings.
There’s a good chance in the next few weeks that your lender may require an additional visit from the bank’s appraiser if you’re closing on a property in Middlesex County or another county that was declared a disaster area. If your appraisal predated the storms the bank may require another inspection prior to closing.
In some cases you may be required to pay for the inspection. And it’s possible that your closing may be delayed by a few days. All of this is still unfolding so it’s hard to predict exactly how the inspections will work and what the impact will be – particularly if the property was severely flooded.
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