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	<title>Warren Residential Group Blog &#124; Boston Real Estate Blog &#187; Allston</title>
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	<link>http://www.warrenre.com/blog</link>
	<description>Your Best Way to Keep up with the Boston Luxury Real Estate and Condo Market</description>
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		<title>Not a Fan of Valentine’s Day?</title>
		<link>http://www.warrenre.com/blog/2011/02/11/not-a-fan-of-valentine%e2%80%99s-day/</link>
		<comments>http://www.warrenre.com/blog/2011/02/11/not-a-fan-of-valentine%e2%80%99s-day/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 18:30:37 +0000</pubDate>
		<dc:creator>nwarren</dc:creator>
				<category><![CDATA[Allston]]></category>
		<category><![CDATA[Allston Real Estate]]></category>
		<category><![CDATA[Boston Condos]]></category>
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		<category><![CDATA[Brookline Apartments]]></category>
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		<category><![CDATA[Coolidge Corner]]></category>
		<category><![CDATA[Newsweek]]></category>
		<category><![CDATA[Newton]]></category>
		<category><![CDATA[Newton Real Estate]]></category>
		<category><![CDATA[Valentine's Day]]></category>

		<guid isPermaLink="false">http://www.warrenre.com/blog/?p=1289</guid>
		<description><![CDATA[Check out the Doomed Valentines Show in Brookline, MA's Coolidge Corner Theatre.<div class="addthis_toolbox addthis_default_style addthis_" addthis:url='http://www.warrenre.com/blog/2011/02/11/not-a-fan-of-valentine%e2%80%99s-day/' addthis:title='Not a Fan of Valentine’s Day? ' ><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a><a class="addthis_button_compact"></a></div>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.warrenre.com/blog/files/2011/02/Coolidge-Corner-Theatre-in-Brookline-MA.jpg"><img class="alignleft size-full wp-image-1292" style="margin: 5px 8px" src="http://www.warrenre.com/blog/files/2011/02/Coolidge-Corner-Theatre-in-Brookline-MA.jpg" alt="Check out the Doomed Valentines Show at the Coolidge Corner Theatre in Brookline, MA" width="315" height="253" /></a>Looking for an alternative way to spend the “most romantic day of the year?” If you’re a resident of <a title="Brookline MA Real Estate" href="http://www.warrenre.com/brookline-real-estate" target="_blank">Brookline real estate</a>, or any of it’s neighboring towns such as <a title="Boston Real Estate for Sale" href="http://www.warrenre.com/boston-property-for-sale" target="_blank">Boston real estate</a>, <a title="Newton Real Estate" href="http://www.warrenre.com/newton-real-estate" target="_blank">Newton</a>, or <a title="Allston, MA Real Estate" href="http://www.warrenre.com/boston/allston-real-estate" target="_blank">Allston</a>, check out the Mortified: Doomed Valentines Show at the <a title="Coolidge Corner Theatre " href="http://www.coolidge.org/" target="_blank">Coolidge Corner Theatre</a> in Brookline, MA!</p>
<p>Featuring performers sharing their most embarrassing, traumatic, and cringe-worthy tales from their romantic lives, the Doomed Valentines Show is an awesome way to spend Valentine’s Day for the less romantically inclined; this show will have you laughing, cringing, and crying- from laughing so hard!</p>
<p>Hailed as a “cultural phenomenon” by Newsweek, Mortified is a platform for ordinary adults to bare their souls, sharing embarrassing journals, letter poems, lyrics, plays, home movies, and art projects from their adolescence.</p>
<p>This is just one awesome experience to check out in Brookline, MA. There are always lots of great events going on, you don’t want to miss out on any of them! <a title="Contact Warren Residential" href="http://www.warrenre.com/contact" target="_blank">Contact</a> Warren Residential to check out available <a href="http://www.warrenre.com/brookline-real-estate" target="_blank">Brookline apartments</a> or <a href="http://www.warrenre.com/brookline-apartments-condos" target="_blank">Brookline condos</a> for sale to become a part of this awesome neighborhood today.</p>
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		<item>
		<title>Understanding a Purchase and Sale Agreement</title>
		<link>http://www.warrenre.com/blog/2011/01/04/understanding-a-purchase-and-sale-agreement/</link>
		<comments>http://www.warrenre.com/blog/2011/01/04/understanding-a-purchase-and-sale-agreement/#comments</comments>
		<pubDate>Tue, 04 Jan 2011 21:56:05 +0000</pubDate>
		<dc:creator>nwarren</dc:creator>
				<category><![CDATA[Allston]]></category>
		<category><![CDATA[Allston Real Estate]]></category>
		<category><![CDATA[Beacon Hill]]></category>
		<category><![CDATA[Boston Commercial Real Estate]]></category>
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		<category><![CDATA[Buying a home]]></category>
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		<category><![CDATA[Cambridge Real Estate]]></category>
		<category><![CDATA[Luxury Buildings]]></category>
		<category><![CDATA[The Fenway]]></category>
		<category><![CDATA[Contract of Purchase]]></category>
		<category><![CDATA[Purchase and Sale Agreement]]></category>
		<category><![CDATA[Relocation to Boston]]></category>

		<guid isPermaLink="false">http://www.warrenre.com/blog/?p=1182</guid>
		<description><![CDATA[Important information regarding Purchase and Sale Agreements- what you should know before signing.<div class="addthis_toolbox addthis_default_style addthis_" addthis:url='http://www.warrenre.com/blog/2011/01/04/understanding-a-purchase-and-sale-agreement/' addthis:title='Understanding a Purchase and Sale Agreement ' ><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a><a class="addthis_button_compact"></a></div>]]></description>
			<content:encoded><![CDATA[<p>Known by various names, including “Contract of Purchase,” “Contract for Purchase,” “Sales Agreement,” and “Sales Contract” among many others, a Purchase and Sales Agreement is generally defined as a contract for the purchase and sale of real estate between a Buyer and a Seller, in which the Seller agrees to sell and the Buyer agrees to buy under certain specific terms and conditions. Whether you’re <a title="Relocating to Boston" href="http://www.warrenre.com/boston-relocation" target="_blank">moving</a> to a new home in <a title="Cambridge Real Estate" href="http://www.warrenre.com/cambridge-real-estate" target="_blank">Cambridge</a>, <a title="Allston Real Estate" href="http://www.warrenre.com/boston/allston-real-estate" target="_blank">Allston</a>, <a title="Fenway Real Estate" href="http://www.warrenre.com/boston/fenway-real-estate" target="_blank">Fenway</a>, or even <a title="Beacon Hill Real Esate" href="http://www.warrenre.com/boston/beacon-hill-real-estate" target="_blank">Beacon Hill</a>, it’s important to know about this agreement when drafting an agreement for your new home.</p>
<p>Once you have agreed on the terms, it is time to review and sign the formal purchase and sales agreement. Typically, this will contain the following:</p>
<p><a href="http://www.warrenre.com/blog/files/2011/01/Purchase-and-Sales-Agreement.jpg"><img class="alignleft size-medium wp-image-1183" src="http://www.warrenre.com/blog/files/2011/01/Purchase-and-Sales-Agreement-300x199.jpg" alt="" width="300" height="199" /></a>-The approximate closing date</p>
<p>-What property, such as drapes, appliances, and lighting fixtures is included</p>
<p>-The amount of mortgage that the buyer needs to finance the purchase of the house</p>
<p>-Cost adjustments to be made at closing, which can include points, property taxes, etc.</p>
<p>-The amount of buyer’s deposit and where it will be held until closing (it will usually be held in escrow, i.e. by a third party)</p>
<p>-Inspections the buyer may want to make: general home inspections, and more specific inspections for hazards such as radon, termites, asbestos, etc.</p>
<p>-What happens if either party backs out of the deal</p>
<p>-Any special conditions or contingencies: the seller fixing a problem with the house, the buyer obtaining financing, or a satisfactory home inspection report among others</p>
<p>It isn’t uncommon for a closing to be delayed due to one issue or another, such as a delay in the mortgage company processing your application or a number of other complications, and occasionally deals do fall apart at the closing conference table. It&#8217;s important to cover these contingencies when drafting your P &amp; S Agreement. A Closing is when the ownership of the house passes from the Seller to the Buyer- the house isn’t yours until the entire process is complete!</p>
<p>Buying a home can be a stressful time, but working with a trusted broker can ease some of that stress. <a title="Contact Warren Residential Group" href="http://www.warrenre.com/contact" target="_blank">Contact</a> a Warren RE agent today for help in buying your new home. We have listings including <a title="Luxury Buildings in Boston" href="http://www.warrenre.com/boston_luxury" target="_blank">luxury buildings</a>, apartments, and condos in a variety of different <a title="Boston Neighborhoods" href="http://www.warrenre.com/neighborhoods" target="_blank">neighborhoods</a>.</p>
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		<title>Featured Luxury Building: 15 North Beacon</title>
		<link>http://www.warrenre.com/blog/2010/10/27/featured-luxury-building-15-north-beacon/</link>
		<comments>http://www.warrenre.com/blog/2010/10/27/featured-luxury-building-15-north-beacon/#comments</comments>
		<pubDate>Wed, 27 Oct 2010 17:27:28 +0000</pubDate>
		<dc:creator>nwarren</dc:creator>
				<category><![CDATA[15 North Beacon]]></category>
		<category><![CDATA[Allston]]></category>
		<category><![CDATA[Allston Real Estate]]></category>
		<category><![CDATA[boston apartments]]></category>
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		<category><![CDATA[Building Spotlight]]></category>
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		<category><![CDATA[45 Province]]></category>
		<category><![CDATA[battery warf]]></category>
		<category><![CDATA[Boston Real Estate]]></category>
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		<category><![CDATA[brookline apartments]]></category>
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		<guid isPermaLink="false">http://www.warrenre.com/blog/?p=1083</guid>
		<description><![CDATA[This week’s featured luxury building is a luxury conversion apartment complex in the heart of Allston Village.  With 155 units, 15 North Beacon has both apartments for rent and condos for sale.  The building features a beautiful roof-top pool with stunning downtown skyline views as well as a 24/7 concierge.  There is also a parking [...]<div class="addthis_toolbox addthis_default_style addthis_" addthis:url='http://www.warrenre.com/blog/2010/10/27/featured-luxury-building-15-north-beacon/' addthis:title='Featured Luxury Building: 15 North Beacon ' ><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a><a class="addthis_button_compact"></a></div>]]></description>
			<content:encoded><![CDATA[<p style="text-align: center">This week’s featured luxury building is a luxury conversion apartment complex in the heart of Allston Village.  With 155 units, 15 North Beacon has both apartments for rent and condos for sale.  The building features a beautiful roof-top pool with stunning downtown skyline views as well as a 24/7 concierge.  There is also a parking garage and an on-site gym.</p>
<p style="text-align: center">
<div class="mceTemp mceIEcenter" style="text-align: center">
<dl>
<dt><img class=" " src="http://www.warrenre.com/luxury_pic/image/153/large/15-north-beacon-lobby.jpg" alt="" width="512" height="357" /></dt>
<dd>The lobby at 15 North Beacon</dd>
</dl>
</div>
<div class="mceTemp mceIEcenter" style="text-align: center">
<dl>
<dt><img src="http://www.warrenre.com/luxury_pic/image/155/large/15-north-beacon-kitchen.jpg" alt="" width="512" height="357" /></dt>
<dd>A kitchen at 15 North Beacon</dd>
</dl>
</div>
<p style="text-align: center">
<p style="text-align: center">The units at 15 North Beacon feature hardwood floors, balconies, updated kitchens (many have stainless steel appliances) and renovated bathrooms.  It is a quick walk to the MBTA green line, and the bus stops right outside.  There is also amazing access to convenience stores, restaurants (almost every ethnic cuisine you could imagine has a restaurant in Allston Village) and entertainment (Allston is home to some of the best small music venues, bars, and clubs in the city.)</p>
<p style="text-align: center">For more information about this luxury Allston real estate, <a href="http://www.warrenre.com/boston_luxury/15-north-beacon">check out the listing</a> or <a href="http://www.warrenre.com/contact">contact a Warren Real Estate agent</a> to schedule a viewing of 15 North Beacon or one of our <a href="http://www.warrenre.com/boston_luxury">other luxury building listings</a>.</p>
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		<title>Boston Investment Property of the Week &#8211; 2 Family in Allston with over $100,000 yearly income!</title>
		<link>http://www.warrenre.com/blog/2010/02/21/boston-investment-property-of-the-week-2-family-in-allston-with-over-100000-yearly-income/</link>
		<comments>http://www.warrenre.com/blog/2010/02/21/boston-investment-property-of-the-week-2-family-in-allston-with-over-100000-yearly-income/#comments</comments>
		<pubDate>Sun, 21 Feb 2010 23:28:37 +0000</pubDate>
		<dc:creator>nwarren</dc:creator>
				<category><![CDATA[Allston]]></category>
		<category><![CDATA[boston investment property]]></category>
		<category><![CDATA[allston investment property]]></category>
		<category><![CDATA[allston multi family]]></category>
		<category><![CDATA[boston investment]]></category>
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		<category><![CDATA[boston multifamily]]></category>

		<guid isPermaLink="false">http://www.warrenre.com/blog/?p=798</guid>
		<description><![CDATA[THIS WILL NOT LAST! It&#8217;s rare that a investment property in Boston actually makes sense as a cash flow vehicle.  Most investments (I can hardly even call them investments) in Boston require a near all cash purchase to make any kind of return!  This is not one of those cases. Description from MLS:  SIX FIGURE [...]<div class="addthis_toolbox addthis_default_style addthis_" addthis:url='http://www.warrenre.com/blog/2010/02/21/boston-investment-property-of-the-week-2-family-in-allston-with-over-100000-yearly-income/' addthis:title='Boston Investment Property of the Week &#8211; 2 Family in Allston with over $100,000 yearly income! ' ><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a><a class="addthis_button_compact"></a></div>]]></description>
			<content:encoded><![CDATA[<p style="text-align: center"><a href="http://www.warrenre.com/blog/files/2010/02/62-ridgemont-exterior.jpeg"><img class="size-medium wp-image-800  aligncenter" src="http://www.warrenre.com/blog/files/2010/02/62-ridgemont-exterior-300x234.jpg" alt="" width="300" height="234" /></a></p>
<p><strong>THIS WILL NOT LAST!</strong></p>
<p>It&#8217;s rare that a investment property in Boston actually makes sense as a cash flow vehicle.  Most investments (I can hardly even call them investments) in Boston require a near all cash purchase to make any kind of return!  This is not one of those cases.</p>
<p>Description from MLS:  <strong>SIX FIGURE ANNUAL INCOME through 9/1/10 with all young professional tenants!! Meticulously maintained with four levels of living located on a quiet dead-end street just a short walk to the &#8220;T&#8221;, buses, Allston restaurants, bars, and shopping!! Spectacular top floor features cathedral ceilings, skylights, granite kitchen and spiral staircase leading to an attic loft!!</strong></p>
<p>This property comes fully leased until 9/1/10 with young professional tenants so you are buying into cash flow right off the bat.  Having it on the September schedule is going to make it easy to get it leased out until 2011 as well (our rental brand <a title="Warren Rentals website" href="http://www.warrenrentals.com/" target="_blank">Warren Rentals</a> can help you with this!).</p>
<h1><strong>The Numbers:</strong></h1>
<p><strong>Price:  $915,000</strong></p>
<p><strong>Amount you would put down:  $274,500 (30%)</strong></p>
<p><strong>Amount Financed:  $640,500</strong></p>
<p><strong>Monthly Income: $8,340</strong></p>
<p><strong>Monthly Expenses: $831</strong></p>
<p><strong>Monthly Tax: $450</strong></p>
<p><strong>Monthly Debt Service (Your Mortgage Payment): $3737 (this is using an estimated 5.75% interest rate)</strong></p>
<p><strong>Total Monthly Cash Flow After Expenses and Debt Service:  $3322</strong></p>
<p><strong>Yearly Cash Flor:  $39,864 </strong></p>
<p><strong>ROI: 14.5% not including tax deductions or appreciation which could add another 4-5%</strong></p>
<p>A lot better than the stock market, plus it&#8217;s backed by a tangible asset, real estate!</p>
<p>To view this property or others in the Boston area that actually make sense, please call Nick Warren at 617-933-9776 or email at <a href="mailto:nwarren@warrenre.com" target="_blank">nwarren@warrenre.com</a></p>
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