In Massachusetts, sellers are not required by law to fill out a standardized disclosure form, but they must disclose any known problems that might affect the property’s value or safety. There are two things that a seller must disclose in Massachusetts Lead Paint...
In Massachusetts divorce, the house is divided through “equitable distribution,” meaning fair but not necessarily equal division based on multiple factors rather than automatic 50/50 splits. Massachusetts judges consider marriage length, financial...
House flipping involves buying a property, making improvements, and then selling it for a profit. Typically, flippers target undervalued or needing renovations, making strategic upgrades to increase the property’s market value. The goal is to complete the...
Capital gains tax in Massachusetts is charged at a flat 5% rate on most asset sales, with short-term gains on collectibles taxed at 12%. When you sell stocks, real estate, or other capital assets in Massachusetts, you’ll pay both state and federal capital gains...
After the seller accepts an offer, you (the buyer) usually have ten days (or whatever is in the contract) to inspect the property. If something isn’t up to par and you would like fixed, you can ask the seller to take care of it. We wrote this Massachusetts Home...