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MD 14306 – SBA Consolidates Disaster Loan Outreach Centers in Baltimore

The U.S. Small Business Administration announced the consolidation of the Disaster Loan Outreach Centers in Baltimore City into a single location at the Coppin State University beginning Monday, June 15 to assist businesses and residents in applying for low interest disaster loans. These loans are made available due to the SBA disaster declaration as a result of the Civil Disorder between April 25 and May 3, 2015 in Baltimore.

Hammond’s Kennedy Lynch Team Represents Clients in Significant Newton Transactions

Hammond agents Karen Kennedy and Sandra Lynch of the Kennedy Lynch Team recently represented clients in connection with two significant Newton transactions. The team represented the seller client in the $2,850,000 sale of 155 Hobart Road and the buyer client in the $2,995,000 sale of 1201 Commonwealth Avenue.

Hammond Agents Participate in sale of Exclusive Brookline Residence for $3,705,000

Saul Cohen, Founder and President ofHammond Residential Real Estate, recently announced the $3,705,000 sale of 63 Hillside Road in Brookline, a premier Boston suburb. Hammond agents Eileen Strong O’Boy and Pauline Ho Bynum represented the seller in the transaction, and Matt Montgomery and Kelly Farrell Salem of the Matt Montgomery Group, also of Hammond, represented the buyer.

Residents of Power Town Apartments in Montague to see Property Improvements and Extension of...

Affordability for senior citizens and families living at the 82-unit Power Town Apartments in Montague will be extended and property improvements will be made with the closing of $6.9 million in MassHousing financing.

AG Healey Urges Adoption of Greater Protections for Homeowners Who Acquire Property Following Divorce...

To further prevent unnecessary foreclosures, Attorney General Maura Healey’s Office sent a letter supporting the Consumer Financial Protection Bureau’s (CFPB) proposed amendments to its mortgage servicing rules to protect homeowners who acquire property following a divorce or the death of a family member, and also urged CFPB to expand certain protections to others who acquire an interest in property

Commercial Properties To Face Increased Fines For Snow Violations Under Mayor Walsh Proposal

Mayor Martin J. Walsh today filed a Home Rule Petition to raise the amount of fines that can be levied for snow infractions against property owners, and increase the cap on fines for these offenses to be from $300 to $1,500. Under the petition, unpaid fines will be added to property tax bills if they go unpaid. If the state grants this authority, the Mayor will file an Ordinance updating the City’s snow fine structure. The potential change would consider both commercial and residential property owners

Former South Hadley Funeral Home Sued for Mishandling Human Remains and Misappropriating Consumer Deposits

A former South Hadley funeral home and its funeral director have been sued over allegations of improperly handling unembalmed human bodies and misappropriating consumer deposits intended for future funeral arrangements, Attorney General Martha Coakley announced today.

Abandoned Worcester Factory to be Converted into 94 Affordable Apartments with $17 Million in...

BOSTON - August 19, 2014 - (RealEstateRama) -- An abandoned factory building in Worcester will be converted into 94 new affordable apartments as a result of $17 million in MassHousing loans.

REALTORS® Felt Confident about Prices in January, but Not as Positive about the Market

WALTHAM, Mass. - February 19, 2014 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that the January REALTOR® Market Confidence Index (RMCI) was down for the third straight month in January. The REALTOR® Price Confidence Index (RPCI) continued its streak of positive months as it was up again compared to the same month in 2013. The results of the January “Hot Topic” question showed that the thefts of valuable metals from homes are impacting the sales of those homes.

Charities Say Lower Threshold for Specialty Plates Would Lift Donations

STATE HOUSE, BOSTON, - February 19, 2014 - (RealEstateRama) -- ......Saying it will help with donations, Massachusetts charities want the Legislature to lower the limit on the number of specialty license plates organizations must sell before the Registry of Motor Vehicles will manufacture their plate design.

Heating Contractor Pleads Guilty, Sentenced for Illegally Removing Asbestos From Medway Rental Property

DEDHAM - February 10, 2014 - (RealEstateRama) -- A Plainville-based heating contractor has pleaded guilty and been sentenced to jail in connection with the improper removal of asbestos in a single-family rental property in Medway and for witness intimidation, Attorney General Martha Coakley announced today.

MassHousing Closes $8.9 Million in Loans for the Renovation and Preservation of Affordability at...

BOSTON - February 10, 2014 - (RealEstateRama) -- MassHousing announced today that it has closed $8.9 million in financing for the renovation and preservation of affordability at the 101-unit Central Annex Apartments for elderly and disabled residents in Pittsfield.

Owner of Danvers Property to Pay $387,500 for Failing to Address Hazardous Waste Contamination

BOSTON - January 31, 2014 - (RealEstateRama) -- The owner of a highly contaminated property along the Crane River in Danvers has agreed to pay $387,500 over allegations that he failed to clean up soils and sediments at the site, which contain high levels of arsenic and dioxin, Attorney General Martha Coakley announced today

MassHousing Closes $33 Million in Financing for the Acquisition and Rehabilitation of the Historic...

BOSTON - January 24, 2014 - (RealEstateRama) -- MassHousing announced today that it has closed $33 million in loans for the acquisition and renovation of the 146-unit Historic South End Apartments in Boston.

Massachusetts Pending Home Sales up 11 Percent in December to Close out the Year

WALTHAM, Mass. - January 14, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that pending home sales for both single-family homes and condominiums went up again in December compared to the year before. For the entire year, the number of single-family homes put under agreement in 2013 was up 11.3 percent over 2012. Pending sales figures (also called homes under agreement) are a leading indicator of actual housing sales in Massachusetts for the following 2-3 months.

Recent

AG Healey Secures $2 Million in Restitution for 20,000 Massachusetts Homeowners...

One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for unnecessary fees and overpriced force-placed insurance policies, Attorney General Maura Healey announced today