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Top 10 Tips for Buyers as the Housing Market Recovers

Like Florida, when it came to Boston's real estate market, some people thought it would never come back. But guess what? It's time to trim those trees and rent that staging furniture: The Boston real estate market is ba-ack from the dead!

For those on the buying end, here are 10 house-buying tips to consider while on the prowl for your new palace:

7 Key Provisions in a Lease

Boston has a notoriously tough rental market. Landlords often seek as many concessions as possible and may include unreasonable terms in the lease.

As a result, you will need to read every provision in your lease very carefully prior to signing.

Here are seven key provisions in your lease that you will need to pay attention to:

7 Steps to Selling Your Boston Home

You're ready to sell your Boston home. However, with the real estate market only recovering slightly, you may have some hard work ahead of you to get the best value for your home.

Here's a look at seven general steps to selling your home:

The housing market is going back up, according to Boston.com's Real Estate Now Blog. In some areas, it's booming.

Boston is no stranger to this phenomenon. Back in the day, it had a booming market and overpriced homes.

Now, as the market is recovering, we're seeing history beginning to repeat itself.

Massachusetts plays by some different rules when it comes to buying and selling a home.

In most states, a real estate agent can handle all aspects of a home sale. In Massachusetts, things are a bit different.

According to Boston.com, a Massachusetts real estate lawyer has a unique role when it comes to buying and selling real property in the state.

According to RealtyTrac, there were nearly three times the number of short sales as there were foreclosed homes in 2012.

The numbers show that across the nation, foreclosures made up 11% of all sales. Short sales comprised 32% of all home sales, according to CNNMoney.

If short sales are so common, how easy are they? And what does the process involve?

Massachusetts homes are on the up and up. Single family house prices are rising and inventory is falling. And with home sales up, less homeowners are suffering from underwater mortgages, according to The Warren Group, a real estate consulting firm.

Single family home sales in Massachusetts are at their highest level since 2007.

But while it may become harder to land a sweet single family home, condo prices are not rising as fast. In fact, condominium prices have dropped from last year to this year.

This makes it a great time to buy a condo.

What happens when your house is worth less than what you owe -- i.e., when your home is underwater? What's your best option?

Is it smart to walk away from your mortgage? Is strategic default the answer?

There's no perfect answer for this question. It's a facts-and-circumstances kind of question. Everyone has different facts and circumstances.

Can people really walk way that easily from their homes?

There are many types of leases. Do you know which one you're getting yourself into?

While the majority of leases have standard provisons, there are additional things to look out for among the different types of leases.

The basic type of residential lease is the flat or fixed lease, where rent is fixed at a certain amount for a set period of time. This is the type of residential lease you'll typically see. It can be month-to-month or it can be fixed for a term of months.

The housing market has picked up dramatically, but there are still many distressed homeowners out there.

For those who are having trouble making their mortgage payments, there are multiple options to consider.

Here are three of the most common: