Down Payment - Does it really matter?

Saving for a Down Payment

In the wake of the newly announced MassHousing zero down program, it’s important to remember that while a zero down payment may sound great, it may also make your Offer less competitive if/when multiple Offers are submitted.

When you begin to consider purchasing a new home, often times the first step is to start saving for the down payment. A down payment is the amount of money a buyer pays out of their pocket, while the remainder of the purchase price is paid by a mortgage. This amount is typically expressed in a percentage, for example on a $100,000 home purchase, Adam put down 20% or $20,000 and mortgaged the remaining $80,000.

As a Seller, if two offers are of the same purchase price amount, they will refer to other terms of the Offer, including the down payment, to distinguish the strength of the offers. If all other terms are the same, the Offer with the higher down payment would be considered the stronger of the group.

Here are several ways to help save for that down payment:

Build a budget. Taking a look into your spending habits can help you narrow down areas where you could be stricter with your budget and help save.

Pay off high interest debt, like credit cards. Don’t get stuck paying outrageous interest rates while trying to save for a home. Work to pay off credit card debt to help save on the monthly payments.

Go grocery shopping and stick to a list. People who grocery shop aren’t as likely to order out and in turn save money on eating in.




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    Fav Fitness Spots By Neighborhood

    New Year, New You!

    We’ve rounded up our Favorite Places to Sweat by Neighborhood!

    The beginning of the New Year often brings new challenges and new goals. If you’re like so many of us, fitness goals tend to make the top of the list! Boston is a Hub for awesome boutique fitness studios. Whether you’re looking for a cardio party or a chance to lengthen, strengthen and tone, here is a list of our favorite fitness studios by neighborhood!



    Republic Boston — From the HealthWorks Group, Republic Fitness is considered high-tech and high-end addition to Two International Place, according to Boston Magazine. Whether you are looking for Personal Training, Group Fitness Classes, or a personalized nutrition plan, Republic Fitness has everything one might need. Spanning two floors of the 36-story building, Republic Fitness is just blocks from the Boston Waterfront.


    Back Bay

    SoulCycle — With 5 studios in the Greater Boston area, this New York based phenomenon has taken Boston by storm. Leave your troubles at the door and this 45-minute sweat session will leave you feeling revived and rejuvenated.

    BSC Lab — Unlike other Boston Sports Club locations, the BSC Lab features innovative fitness programs and collaborations with Cyc Fitness and Tone House. Conveniently located in the heart of Back Bay right across from Copley Square, BSC Lab gives its members a unique fitness experience.


    South End

    Core Power Yoga — “Intensity for the body, Presence for the Mind,” is Core Power’s promise. With locations across the country, as well as several locations throughout the City, it is truly a city favorite. From beginner Yogis to the more advanced, Core Power offers 9 different class types at various humidity levels.  Don’t let parking scare you away either as this location offers free 90 minute parking in the lot behind their studio!

    TurnStyle — A different kind of Spin studio, TurnStyle is known for their variety of class styles and bootcamp approach to choreography. With classes like, Arms, Abs & Cardio and Hip Hop Strength and Box, TurnStyle delivers a more intense workout than just your average spin class.


    South Boston

    btone — Basically Pilates on steroids, in the best sense of the word! If you’re looking for an intense toning and strength training workout, btone is the class for you! Based on the foundation of Pilates, this workout uses a state of the art Megaformer to help guide you through a workout you won’t soon forget.

    The Handle Bar — A Southie original, The Handle Bar has been a staple across from Broadway Station since 2013. This indoor cycling studio offers clients complimentary shoe rental, so “Clipping In” is no sweat, but what happens next is! With 40+ classes a week, The Handle Bar’s 45-minute class is a great way to get in that cardio!


    Downtown Boston

    Barry’s Bootcamp — Just as its name implies, this bootcamp workout is a true a$s kicking! The “original high intensity workout,” Barry’s combines treadmill cardio with strength training, or you can opt for their “Double Floor” class for twice the strength training. Burn nearly 1,000 calories while you tone your muscles and sculpt the body you’ve always dreamed of.

    B/Spoke — Not another spin studio, the bikes at B/Spoke track your progress for you to track and review later. With 10 different types of rides, B/Spoke has just what you’re looking for in a studio. From HOT R/DE to Hip Hop R/DE, this studio combines a holistic approach to strength and well being with a state of the art aesthetic to help transcend the busy city life.


    Seaport District

    Equinox — This stunning new facility is at the hub of Boston’s rising Seaport neighborhood. As Equinox’s 5th Boston location opens,  Equinox “Port House” holds true to its name with sweeping views of Rowes Wharf and nautical touches throughout its decor and finishes. Enjoy amenities like a full service Spa which offers an array of facials, messages, and even an 18K Gold Facial! Refuel post work out at the Juice bar with a smoothie! With all your favorite work out classes like weight training, HIIT, yoga, and even cardio boxing, this is the ultimate gym lover’s dream.

    Everybody Fights — Because there just aren’t many things better than boxing. Everybody Fights offers classes that focus on prepping for a 12 round fight, from endurance and explosiveness to strength training.  Classes incorporate kettle belts, bags, and free weights, while the gym offers 1:1 training and Squeeze Juice bar.


    Beacon Hill

    Core De Vie — Tucked into Boston’s coziest neighborhood, Beacon Hill, Core De Vie is a city lover’s mini retreat. Classes range from Yoga and Barre to their exclusive Gyrotonic ® and even a Power Plate class. They also offer one-on-one sessions, acupuncture, and several Spa services. Core De Vie’s founder and owner,  Ellen Comerford, even launched a skin care line, Nantucket Nourrissant ™ which can purchased at their Charles St location. 

    Beacon Hill Yoga — Home of the $10 Lunch Flow, Beacon Hill Yoga is a wonderful reflection of the community it calls home. From Power Vinyasa and Flow & Restore, to Barre and Barre Groove, this studio offers a tranquil getaway from the bustle of the city.


    The North End

    Exhale Spa at Battery Wharf — Exhale offers Barre, Cardio and Yoga classes, making it the ultimate source of toning and flow. They also offer private training, group packages, and even teacher trainings. Boston Magazine even named Exhale Spa one of its Best Day


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      5 Reasons To Use A Buyer's Agent

      5 Reasons To Use A Buyer's Agent

      1. It’s FREE — Using a Buyer’s Agent when purchasing a home is not an additional cost to the Buyer! The commission paid to the Agents involved in the transaction is paid directly by the Seller.

      2. Market Knowledge — Our team has lived in the Greater Boston area for almost 20 years. As a full time Brokerage with over $10M in sales so far this year, our ability to understand price points in different markets and provide market analyses provides our clients with a competitive advantage when navigating the housing market. 

      3. Safeguard — Transactions can, and often do, take unexpected turns. A Buyer’s Agent is not only a great asset, but also someone who can act on your behalf when charting unknown territory and help overcome setbacks 

      4. Negotiations — As an Attorney and legal professional, Andrea has shared her negotiating skills with her team members. Our ability to effectively negotiate gives our clients an edge over not just Sellers, but also other Buyers you may find yourself competing with. 

      5. Contracts — As a licensed Massachusetts Attorney with over a decade of experience in Real Estate, Andrea deals with contracts and conditions on a regular basis. Therefore, we are familiar with purchase contracts and which conditions can and/or cannot be safely be removed, which is an added protection you have when purchasing a home with Us as your Brokerage. 


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        5 Reasons to List with AG Luxury Boston

        5 Reasons To List With Us

        1.     Convenience/Access: We are FULL-time Real Estate professionals. When you hire Us, you speak directly to Us.  Andrea built her legal practice on being accessible and cultivating convenience, and we offer that same level of service now to all of our real estate clients.


        2.     Education & Experience: Andrea is a licensed Massachusetts Attorney with a decade of experience in real estate. Contracts can be hard to handle. We deal with the same contracts and conditions on a regular basis and we are familiar with the terms and conditions and how to use the contract to protect you when selling your home.


        3.     Negotiation Skills & Confidentiality: As an Attorney and legal professional, Andrea values confidentiality almost as much as her ability to negotiate. As your agent, we can help by speaking for you in tough transactions and smoothing things over with other parties when needed.


        4.     Neighborhood Knowledge: Our team has lived in Boston for 17+ years. We currently have homes in Downtown Boston, Brookline, and South Boston. We have lived in South Boston, Downtown/Midtown, the Leather District, Back Bay, Beacon Hill, Chestnut Hill and Brookline over the years. There is not  a neighborhood our team doesn’t know in the Greater Boston area.


        5.     Price Guidance: When you couple our education and experience with our negotiation skills and neighborhood knowledge, the competitive advantage is clear. We can provide a market analysis to value your home AND negotiate that price to get you the most money when you sell.





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          Welcome to our new blog!

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