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Contact Nancy Comenitz Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 617.232.4186 or fill out the form to let us know how we can help with your real estate needs.

Office Location 77 Pond Avenue,
Brookline, MA
Phone: (617) 232-4186
Fax: (617) 232-7954

April 2010

There are 2 blog entries for April 2010.

The Impact of Fannie Maes Condo Guidelines

Monday, April 5th, 2010 at 7:35pm. 192 Views, 0 Comments.

I had not realized the impact of Fannie Maes new condo guidelines until last week. I had been taking out a couple who were both doctors and their 10 month old baby. They were looking for a townhouse in the Newton/ Brookline area. The couple had a letter of preapproval. They found a townhouse that was in a cluster of six. I added a contingency to the Offer to Purchase stating that if an entity owned more than one unit, than the buyers could void the Offer to Purchase if they found it caused a problem obtaining a mortgage.

 

I am so happy I put in that contingency clause. Countless mortgage companies refused to give them a mortgage for that reason. Anyone who sold their mortgage to Fannie Mae refused them a mortgage. The mortgage broker I always deal with…

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Guide for New Smoke Detector Requirements

Monday, April 5th, 2010 at 3:42pm. 322 Views, 0 Comments.

 Effective 4/5/2010

On April 5, 2010 a new law comes into affect which applies to all residences with 5 or less residential units built prior to the building code January 1975. 
If  the building has undergone renovation, addition or modification after 1/1/1975, the date of the building permit determines the smoke detector requirements.
Year Permitted/ Built/ Modified 
Before 1975 1975- 8/27/1997   8/7/1997 -2007January 1, 2008
Smoke detector powered by:                                           
BatteryAllowedNot AllowedNot AllowedNot Allowed

Hardwired interconnected

AllowedRequiredNot AllowedNot Allowed

Hardwired interconnected with battery backup

RecommendedRecommendedRequiredRequired
     
Type of Smoke Detector:    
Outside of 20 ft.of kitchen or full bathroom
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