‘Disastrous situation’: Longtime Massachusetts real estate firm mysteriously closes

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  • Опубликовано: 18 дек 2024

Комментарии • 52

  • @Ninja__247
    @Ninja__247 14 часов назад +15

    More people are moving out of Massachusetts, than in.

    • @Tad-For-Global-Peace
      @Tad-For-Global-Peace 3 часа назад +1

      lol wrong

    • @Ninja__247
      @Ninja__247 2 часа назад

      @Tad-For-Global-Peace maybe you should educate yourself. United Van lines released the data. Here you go.
      More residents left Massachusetts than moved into it in 2023, putting the commonwealth in seventh on a list of most moved-from states for the third consecutive year.
      In the state, 56.6% of moves were outbound in 2023, according to data released on Tuesday by United Van Lines, a Missouri-based moving company.

    • @Ninja__247
      @Ninja__247 2 часа назад

      @Tad-For-Global-Peace 💯 right. United Van lines released the data.
      More residents left Massachusetts than moved into it in 2023, putting the commonwealth in seventh on a list of most moved-from states for the third consecutive year.
      In the state, 56.6% of moves were outbound in 2023, according to data released on Tuesday by United Van Lines, a Missouri-based moving company.
      Keep trying to block this with reporting it.

  • @Ieezeca
    @Ieezeca 21 час назад +22

    No pne wants to move to Corruption, Mass.

    • @SeanSprague-tl7cx
      @SeanSprague-tl7cx 14 часов назад +1

      No kidn right, it's everywhere here-brutal

    • @mikeroche8544
      @mikeroche8544 13 часов назад +3

      Maybe Brian Albert or Jen McCabe or DA Morrissey has the money?

    • @McCready12
      @McCready12 8 часов назад

      @@mikeroche8544 Or the crooked cops and staties

    • @Cmxx1v
      @Cmxx1v Час назад

      I left 40 years ago. Never missed it

  • @anothaparson
    @anothaparson 15 часов назад +14

    Massachusetts properties sell themselves, and most of them are 100+ years old and well overpriced (a sucker born everyday willing to overpay) and not worth the dirt they sit on. No no, please come and out bid each other and pay $750K+ for properties not even worth half 😃

    • @randyt700
      @randyt700 12 часов назад +3

      Not really suckers. People know now that you dont have to pay 30 years worth of payments with ridiculous interest because you can just sell the property to the next person at a higher price. This game continues on and on and you're right alluding to the issue that property values are overinflated. But again, its because people see they can get out of a mortgage. So its sort of a ticking timebomb almost like how financial crisis of 2008 was. Price of properties will keep going up until buying slows and those left holding expensive/overvalued homes with %7+ interest rates will fall into foreclosure and lenders may be left with toxic assets again. So one way that could be prevented and will likely happen is interest rates returning to sub 3%, people will refinance and buying will go up again and cycle starts all over again. This show will keep on going like how congress and fed keeps printing money.

    • @warthogA10
      @warthogA10 10 часов назад +1

      This seriously depends on where you're looking..
      If you're looking for MA east of leominster, or Ayer good luck,
      I sold and moved away from the entire Eastern region of the state because it's completely overpopulated and too expensive for no reason
      .. and the people just generally suck
      The tech boom of the 90s really drove the housing prices up, extremely fast.
      I remember looking at a beautiful old colonial home, with an unground/indoor heater pool with 5 acres for about $65k back around 95, and within 3 weeks it was $200k (nothing changed, just the demand for homes from people moving to Eastern MA from all over the country/world)
      That same home would probably price around $750k even with nothing done to it now.
      And the property tax on that home has increased ridiculously since as well,
      .. again, for no reasons, roads in that area still look rough etc..
      It's just because the property tax is related to the assessed value of the home/property
      So glad I never bought it.
      People say, yeah but the value increased so much, without thinking about the property tax increases as well
      The property tax today is about $7k per year.. in 95 I think it was about $1300 yr?
      I'm not sure, just going off memory

  • @tenaciousli
    @tenaciousli 11 часов назад +2

    Wow!!! 😢 This smells fishy.

  • @bridogman3256
    @bridogman3256 11 часов назад +2

    He is a crook. He should be publicly shamed. Success my ass

  • @user-qb8qm4mp5n
    @user-qb8qm4mp5n 7 часов назад +1

    I've seen this in California: brokers in business for 30 years, and then one day, they are busted for embezzlement in the millions. Sad. They should know better.

  • @PoundTown595
    @PoundTown595 11 часов назад +1

    I thought the attorneys held the deposits. I would never write a check to a realty company for an escrow deposit.

  • @StamperWendy
    @StamperWendy 17 часов назад +5

    Least favorite pronunciation: Mazzachuzzetts

  • @kimbuck-2
    @kimbuck-2 19 часов назад +3

    What protects escrow funds?

  • @Shineynsparkles
    @Shineynsparkles 17 часов назад +4

    Books are cooked

  • @haokieto0
    @haokieto0 Час назад

    In Georgia the closing attorney holds the money. not the broker.

  • @CraigVogel-e2s
    @CraigVogel-e2s 11 часов назад +6

    Keep spending fortunes on overpriced homes in a state with declining population and a extreme ageing problem take a look at the demographics then do some math look at the percentage of homeowners who will be passing on due to old age the birth rate here the outmigration and your basically going to have 15 percent of your housing stock vacant with no buyers in fifteen years

  • @PortlandFleetService
    @PortlandFleetService 11 часов назад

    I don’t think the mom understands what cashing a check is. It can’t both be cashed and bounced at the same time.

  • @chrischoir3594
    @chrischoir3594 11 часов назад

    if the money is in escrow how is that a problem?

  • @coreym4981
    @coreym4981 16 часов назад +6

    Here’s a tip. Always have the sellers attorney hold escrow funds. Not that difficult

  • @tashie6288
    @tashie6288 16 часов назад +1

    Can’t co mingle the funds!

  • @littledebbieproductions8192
    @littledebbieproductions8192 8 часов назад +2

    Well luckily we are all leaving...can’t wait till I move out of this stupid state this spring.

  • @KrissyLowry-x9w
    @KrissyLowry-x9w 8 часов назад

    Thanks for the breakdown! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?

  • @LeetHaxington
    @LeetHaxington 4 часа назад

    Nobody wants to work anymore

  • @beebop4333
    @beebop4333 9 часов назад

    OBSERVATION....here comes a new law

  • @dianec2749
    @dianec2749 19 часов назад +4

    For buyers there’s a blessing in this don’t buy in MA

  • @TroyKeeling-x6t
    @TroyKeeling-x6t Час назад

    Horse traders that were built up by utterances.

  • @prashanttayshetye9068
    @prashanttayshetye9068 22 часа назад +2

    Ppp

  • @turnuptheradio6057
    @turnuptheradio6057 19 часов назад +6

    Only Democrats can miss manage.

    • @user-fj4zc2sr5z
      @user-fj4zc2sr5z 16 часов назад +6

      Mismanage

    • @turnuptheradio6057
      @turnuptheradio6057 15 часов назад

      @user-fj4zc2sr5z play on words.

    • @770WT
      @770WT 12 часов назад +2

      Trump and his bankruptcies ?

    • @jonp4846
      @jonp4846 11 часов назад

      lol. you are a fool.

    • @chrischoir3594
      @chrischoir3594 11 часов назад

      @@770WT um, Trump was a Democrat back then

  • @SALTEDRUBY4
    @SALTEDRUBY4 18 часов назад +1

    Haha, they tipped offf ALOT OF SHARON/ CANTON BUYERS,THEY CLOSE IN CANTON WHILE AGO....

    • @mikeroche8544
      @mikeroche8544 13 часов назад

      does Brian Albert Jen McCabe or DA Morrissey have the money?