Development in Roxbury MA

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How to Stay in My Home After Foreclosure in Somerville

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A recent study found that 47% of foreclosed properties are still occupied — and if that number surprises you, you’re not alone. Most people assume that once foreclosure happens, homeowners are forced to leave immediately. But that’s not always the case. Here at Velney Development, we’ve seen firsthand that banks aren’t in the business of … Continued

Can a house be sold while in probate in Somerville MA?

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A Local Real Estate Investor’s Guide to Making It Simple     Table of Contents Introduction: Why Probate Sales Matter in Somerville, MA If you’ve recently inherited a property or are serving as the executor of a loved one’s estate, you might be wondering:“Can a house be sold while in probate in Somerville, MA?” As … Continued

Inheriting a House in Massachusetts: What You Need to Know

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Table of Contents Introduction: Inheriting a House in Massachusetts What Happens When You Inherit a House in Massachusetts? Emotional Challenges of Inheriting a House in Mass Legal & Probate Process: Massachusetts Edition Taxes, Liens, and Unexpected Costs Preparing an Inherited House in Mass for Sale Selling an Inherited House in Massachusetts: Strategy & Tips Common … Continued

We Buy Houses in Somerville, MA – Are These Companies Credible?

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If you’ve driven around Somerville lately, you’ve probably seen signs or billboards saying things like “We Buy Somerville Houses!” or “Cash For Your House!” Maybe you’ve even wondered — Are these house buying companies in Somerville, MA actually credible? The truth is, some are great, ethical local businesses that truly care about the community. Others… … Continued

Selling an Inherited House in Somerville, Massachusetts: Understanding Capital Gains and Probate

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Inheriting a house in Somerville, Massachusetts, can feel both like a blessing and a challenge. While real estate in Somerville is in high demand, selling inherited property comes with tax considerations and legal processes that every heir should understand—particularly when it comes to capital gains taxes and the Massachusetts probate system. How Capital Gains Work … Continued

Understanding the Foreclosure Process in Massachusetts

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Understanding the foreclosure process in Massachusetts is a crucial step in navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Massachusetts What is foreclosure anyway? Foreclosure is the legal process by which a lender takes back a property when the borrower fails to make mortgage payments as agreed upon. In most … Continued

How to Sell a House in Probate in Somerville, Massachusetts

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When a loved one passes away and their home in Somerville, Massachusetts, becomes part of the inheritance, it’s not unusual for the heirs to decide to sell it. Before that can happen, the property often goes through probate—the legal process where the Massachusetts Probate and Family Court oversees the distribution of the decedent’s estate. If … Continued

Can I Sell My House in Foreclosure in Somerville?

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Do you currently own a house in foreclosure in Somerville, Massachusetts? If so, you’re not alone. Every year, thousands of homeowners across Massachusetts face the stress of foreclosure and wonder what their options really are. One of the most common questions we hear is: “Can I sell my house in foreclosure?” The short answer is … Continued

How Do I Sell My House Without An Agent in Somerville?

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If you’re looking to sell your house or investment property in Somerville without using a real estate agent, we can help. Although we have a real estate brokerage arm, we agree that sometimes it’s best to avoid paying someone to be in the middle. After all, paying 5-6% of the sale price of a property in … Continued

Relocating From Somerville? Discover Your Options to Sell

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Relocation is a complicated exercise in coordination. We get local Somerville home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Somerville“.  The great thing is that we’re able to help many of those sellers sell their houses quickly (because we’re … Continued

Selling Land To A Real Estate Developer

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Do you own a parcel of land that’s currently sitting idle? Perhaps you intended to develop it yourself, but time constraints got in the way, or maybe you acquired it as an investment and are waiting for the land value to appreciate? Regardless of the reason, it’s worth noting that there is a significant demand … Continued
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