top of page
coastal-grasses-with-american-flag-waving-proudly-2026-03-25-00-54-31-utc.jpg

Frequently Asked Questions

new england real estate

Still Have Questions?

Browse some of our most frequently asked questions regarding Nantucket real estate. If you don’t find the answer you’re looking for, reach out to us so we can better assist you in your search.

Contact Us
  • As of late 2025, Massachusetts law prohibits sellers from requiring or even accepting an offer conditioned on waiving a home inspection. You now have a protected right to an inspection, though you can still choose to buy a home "as-is" after the results are in.

  • Generally, buyers should budget between 2% and 5% of the purchase price for closing costs, which covers things like title insurance, attorney fees, and prepaid property taxes. Because New England has some of the highest property taxes in the country, your upfront escrow "pre-paids" often make up a significant portion of this total.

  • New Hampshire is famous for having no state income tax and no sales tax, which can provide a significant boost to your take-home pay. However, it’s important to account for the state's higher property tax rates, which are used to fund local services in the absence of other state taxes.

  • In Massachusetts, a Title 5 inspection is a state-mandated check of a property’s septic system that must be completed within two years prior to a sale. If a system fails, it typically must be repaired or replaced by the seller, making it a crucial negotiation point for homes not connected to a town sewer.

  • Yes, particularly in high-demand areas like the South Shore or Greater Boston. Working with a well-connected local agent is essential, as many premium properties are sold through professional networks before they ever hit the public portals.

  • Beyond the charm, you’ll want to investigate the age of the electrical and plumbing systems, as well as any local "Historic District" restrictions. These regulations can limit the types of materials you use for exterior renovations, like windows or siding. Fortunately, George is an expert in this area!

a24b70949416477c74f6ad1bcd19be5b-uncropped_scaled_within_1344_1008.webp

Ready to Buy, Sell, or Invest?

From historic homes and waterfront properties to commercial and investment opportunities, trust Vasvatekis to provide thoughtful guidance, local expertise, and strategic advice at every stage of the process.

Get in Touch
Untitled design (8).png

CONTACT US

  • Instagram
  • Facebook
  • LinkedIn

633 High St

Westwood, MA 02090

477 Route 6A

Yarmouth Port, MA 02675

111 Maplewood Ave, Suite C

Portsmouth, NH 03801

Coldwell Banker and the Coldwell Banker logo, are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed.

bottom of page