“Ask Toni & Maria” is a real estate column written by Toni Gilardi and Maria DiTullio from Elite Boston Landmark Realty. Have them answer your questions in an upcoming column by emailing email@example.com.
1. Hi Toni and Maria ,
I am selling my condo in the Back Bay. I do not have smoke detectors. My broker is telling me it is my responsibility to install the smokes is this true?
Not only is it true it is the law….read below..
Smoke Detector Certificate – In accordance with Massachusetts General Laws, Chapter 148, Section 26E, you must obtain a Certificate of Compliance from your local fire department and bring it with you to the closing.
Carbon Monoxide Detector Certificate – “Nicole’s Law” requires carbon monoxide detectors in any residence that contains fossil-fuel burning equipment (furnace, boiler, water heater, fireplace, or other device), or that has an attached garage. As with the smoke detector requirement, Nicole’s Law is enforced by the local fire department during its inspection prior to the sale or transfer of your property.
2. Hi Toni and Maria,
I have been anxious to buy for several years. I have been watching the market and the news reports are saying it is the bottom of the market. How will I know when the market hits bottom?
Timing the market is a dangerous game. Truly the only way to determine the bottom of the market is in the rear view mirror. The only way to determine the bottom is when it is documented that the market is on the rise. So our advice is; if the timing is right for you it’s the right time to buy.
Don’t be shy…We would love to hear from you! Send in your real estate questions to: firstname.lastname@example.org. And don’t forget to check out our website at www.bostonlandmark.com or call 617-227-1000 or 617 523-5400.