First Time Home Buyer

6 First Steps For First Time Home Buyers

New year, new you. The first of the year starts a lot of people thinking this is the year to buy their first home. If you bought a home before, home buying can certainly present it's challenges. But for a first time home buyer, who has never been through the home buying process, buying a first home can be downright daunting. Being properly prepared will definitely make the first time home buying process a lot smoother and more enjoyable. Often the thought hits to buy a home several … Continue reading...

7 Reasons Your Offer On A House Was Declined

offer on a house declined- Tewksbury Real Estate

Along the route of your home buying journey you may be in a situation where you have one or more offers on a house declined or countered offered. Even worse you may have multiple houses you mad an offer on rejected and sold to another buyer. Remember, while you can have an offer flat out rejected, in effect, a counter offer is a rejection as well. With a counter offer from the seller, the seller is rejecting your offer and indicating terms that they may accept. When you buy a … Continue reading...

Do I Need A Buyer’s Agent When Buying A Home?

If you are starting down the path of buying a home the thought might cross your mind..... do I need a buyer's agent? The simple answer is no, it is not required you are represented by a buyer's agent when purchasing a home. But there is much to consider when you decide to buy a home and choosing what role you want your real estate agent to play in your home purchase is one of them. If you are a seasoned home buyer with several home purchase under your belt, you may be pretty savvy about … Continue reading...

Buying a Fixer Upper- Is It Worth It?

buying a fixer upper- will it save me money- Massachusetts Buyer's agent

There is always a certain percentage of the home buying population that is enamored with buying a fixer upper. And, more recently, with the proliferation of "Reality TV" glamorizing the fixer upper it has become more popular with both first time home buyers and move up buyers alike. But before you run off and buy a house that needs a ton of work there are a few things you need to think about especially if you are buying a fixer upper to save money. What Is Your Motivation To Buy a Fixer … Continue reading...

Escalation Clause- Win the Bidding War

An escalation clause can be a great way to structure an offer to be the winning bid in a red hot seller's market. When you know buyer competition will be high on a home, it it also means you may be competing with multiple offers . Here in the Massachusetts Real Estate market we are seeing certain communities or properties that will most likely be in a bidding war with multiple offers with in days of hitting the market. It can be very frustrating time for home buyers. What is an … Continue reading...

Tips For Millennial Home Buyers

It may be a competitive market, but there's still room for Millennials ready to buy their first home. Although it may seem like home ownership is a far off dream for the generation that witnessed the worst recession in decades, it's closer than they realize. Right now, they're the most active generation on the market: Millennials made up 37 percent of all homebuyers in 2018. More than half of first-time homebuyers are in their twenties and thirties. Read on for our best tips for Millennial home … Continue reading...

The True Value of Owning a Home for Millennials

There is a value of owning a home for millennials. But, home ownership is down among the Millennial generation as reported by Business Insider and many other news outlets. There are lots of reasons why this could be happening, tighter credit standards, change in lifestyle, lower incomes out of college, high student debt and the fact that millennials are marrying later and having children later in life. And certainly coming out of one of the worst recessions in US history, many … Continue reading...

You Don’t Know What You Don’t Know!

7 Home Buying Mistakes To Make, Because You Don't Know What You Don't Know!! It sometimes amazes me how many home buyers are blindly running around with little or no guidance. The problem for many home buyers is they don't know what they don't know! So they don't often know when they are making a mistake. While a home owner can realize they made a mistake shortly after buying or during the home buying process, many big mistakes don't show up until it comes time to sell there … Continue reading...

13 Killer Questions to Ask Before Buying A Condo

what questions should I ask when I buy a condo

Buying a condominium is a little different than a single family home. Of course you have the unit you are considering purchasing. But there are now other things to consider when purchasing a condo. You have the governing of the condominium complex, the financial stability, who owns what, who repairs what..... the list goes on. Because you have shared ownership when buying a condominium, you have to consider aspects of the entire condominium complex as a whole above and … Continue reading...

Everything You Need To Know About Gift Funds For A Down Payment To Buy A House

Can A Parent Gift Me Money For A Down Payment On A House? You want to buy a house, but you might not have quite enough money saved for a down payment and closing costs. There are alternative sources to down payment money to buy a house. One of which is using gift funds. Gift funds can be used for a down payment and/or closing costs. Home ownership can be closer to you than think if you have saved a little money and you have someone willing to gift you the money to help with … Continue reading...