Boston Foreclosures May Be the Best Option
- Author Joseph B. Smith
- Published April 28, 2011
- Word count 432
Planning to uproot? Consider buying Boston foreclosures to save some money in a city that is not really known for affordable living. Some people who want to live in an urban area, but still want to maintain a quieter life compared to NYC, opt to transplant to Boston. There are so many opportunities in the city, from the arts to sciences to engineering and finance. It boasts of the best educational institutions in the world. It is no wonder people chose to live in one of America’s oldest cities.
Why Boston?
Cost of living in Boston is somewhat comparable to New York City, especially if you want to live in the heart of the metropolis or within the Cambridge area. But then you have the amenities of urban life within your fingertips without the frenetic pace of NYC. Choosing to buy and live in one of Boston foreclosures is a wise move since a prime piece of real estate can be had for slightly a lower price than those that are not distressed, depending on the condition. In 2006, there was a parking lot sold for $250,000! That is how expensive living space in Boston can be. So, if you do come across Boston foreclosures, try to see it and snap it up if it is a good deal - or you might never see some of these again once the real estate market goes back to its heyday.
The good thing about living in Boston is that you may be able to live in a historic place with beautiful old architecture. You also do not have to have a car in order to get around since this is a small area. You can walk or bike everywhere. Or if you do not plan to get rid of the car, Boston is just a 30 to 45 minute drive away from the beaches in the summer and 1 to 2 hours away from great skiing destinations in the winter.
Education
The city attracts a lot of academics because of the concentration of great schools within the Great Boston area, including Cambridge. It is often called the intellectual center of the country - or the "Athens" of America. It is one good incentive to buy Boston foreclosures; the rental opportunities are great that you may be able to generate a good income from renting out to students and other members of the academe. The city is home to Boston University, Northeastern University, Suffolk University, Boston College, University of Massachusetts Boston, and Berklee College of Music. Outside of the Boston is Harvard University, Massachusetts Institute of Technology, and Tufts University.
Joseph B. Smith has been educating buyers on the finer points of Boston foreclosures at ForeclosureDataBank.com for over five years. Click here to visit and read more advice on finding Massachusetts foreclosures.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Comparing Removals services-in-wandsworth: Your Ultimate Guide
- Port Orange -- The Perfect Twin Sister to Daytona Beach
- RE/MAX Ace Spearheads Innovative Housing Solutions in the GTA
- Should You Waive the Home Inspection Contingency? Weighing the Risks and Benefits
- Avenir: Embracing Lifestyle and Community in Palm Beach Gardens
- Serbian Real Estate: A Tidbit for Investors
- Discovering Life in Pattaya, Thailand: An In-Depth Handbook for Expatriates
- DEBUNKING HOME REPORT MYTHS
- Don't Let a Financial Hardship Force You to List Your House
- Safe Water Starts at Home
- Don’t let Missing Insulation Lead to High Energy Bills
- Property Investors Amidst Favorable Swedish Krona Rates
- How Real Estate Professionals in Houston Go Above and Beyond for Home Sellers
- Reasons to invest in real estate in Cyprus
- Top 10 criteria to select an Insurance Claim Appraiser
- Comprehensive Home Inspection Checklist for Buyer, Seller, and Homeowner
- DEBUNKING HOME REPORT MYTHS
- North Carolina Real Estate Market: Shifting Market Dynamics on the way?
- Selling Your House in Winter: Effective Tips and Strategies for Success
- Would you like to have a Free House?
- 5 Ways To Know You're Ready To Buy A Home
- "Unlocking the Potential: Investing in Dubai's Booming Real Estate Market"
- Home Decorating Tips To Make Your Home Sell FAST!
- How Home Loans Became Helpful?
- Buying A Distressed Property
- How To Identify Utah's Top 50 Real Estate Agents On Social Media
- Are You Looking To Move To Logan, Utah?
- Tips to sell your home in 2023
- Dubai Real Estate Market: An Overview
- https://www.eastpascoliving.com/active-adult-communities-in-east-pasco-florida