Buying a home can be scary. Whether you are a first-time homebuyer, a move-up buyer or a downsizer there is so much to know about buying a house. Often we get so caught up in the house we forget to consider other things. Let's look at some questions to ask when buying a house. There are certainly a number of questions you can ask when buying a home. This list of questions a home buyer can ask either themselves, the seller or an agent will certainly get you started on … Continue reading...
How To Buy A House With Bad Credit
It is tough enough to buy a house under the best of circumstances. But add bad credit to the buying process and you add another layer of difficulty to buying a home. Let's take a look at how to buy a house with bad credit. It doesn't matter if you are trying to buy a foreclosed home with bad credit, you are a first-time homebuyer with bad credit or are moving up or down with bad credit, your sub-optimal credit score will be a stumbling block for you. So, can you buy a house with bad … Continue reading...
The Ultimate Final Walkthrough Checklist Before Closing
Buying a home can be an exciting journey filled with many twists and turns. Sometimes it can be nerve-wracking and other times very exciting. You have spent months looking at homes, negotiated an offer, did your home inspection, negotiated repairs after your inspection and now it is time to do your final walkthrough before closing on your new home. Your final walkthrough shouldn't be skipped. The final walkthrough is a necessary task before you close on a home. It is your final … Continue reading...
Is Rent to Own A Good Way to Purchase a Home?
Today we are going to discuss whether rent to own is a good way to purchase a house or not. Other terms for rent to own could be lease to own or lease option. While not terribly popular in New England because of the strong housing market, rent to own homes can still be found. I probably get several calls a month from a hopeful home buyer looking for a home they can lease to own. The rent to own or lease option gives the hope to many to buy a home instead of renting … Continue reading...
7 Great Reasons To Buy A Condo
Is Living in a Condo Right for You? Condominiums have come along way since the 80's. While the concept of condos was new and approached with hesitation back then, condos are now a stable, viable source of housing in today's real estate market. There are many good reasons to buy a condo. Condominiums come in all shapes and sizes. You can get a unit all on one floor, a townhouse with no one living below or above you, stand alone units, a condominium in an over 55 community, a luxury … Continue reading...
What Is Earnest Money In A Real Estate Transaction?
Eventually, when you go about buying a home there will come a time you want to write a contract on a home. And, you will run across the term earnest money deposit. For many buyers, they will think what is earnest money? How does earnest money work? If you have previously bought a home you probably already have an understanding of earnest money. But as a first time home buyer, it can be confusing. Sometimes you will hear the term good faith deposit, home deposit or escrow money as … Continue reading...
First Time Home Buyer In Massachusetts (MA) – 5 Step Guide [2021]
Buying your first home is a big deal. As a first time home buyer in MA, there is much you need to know. You don't have to buy your first home alone. There are some great real estate professionals to help you get the job done. Your real estate team will include a REALTOR representing you, a mortgage broker, a home inspector and a real estate attorney. All of the professionals have the experience to guide you effortlessly through the process. They are immersed in real … Continue reading...
The Asking Price of a Home- Should I Offer Below or Above Asking Price?
Buying a home raises a lot of questions. But one area about home buying that causes homebuyers much distress is the list price or asking price of a home. The home buyer does not want to make a mistake and overpay for a home, Is the asking price to high? Or now in a hot seller's market, is the listing price to low? How much should I offer for a home? Should I offer below the ask price? Do I need to offer above the list price? How Much? Of course, as a homebuyer you don't want to overpay for … Continue reading...
Get Your Free Annual Credit Report
Checking your credit on a regular basis is important to maintaining a healthy credit profile. Even more so when your about to buy your first home. At the first thought of buying a home definitely pull your free annual credit report. By getting your hands on your credit report early, you have time to check for mistakes and fraud that could be impacting your credit score. Accessing your free annual credit report early will also give you time to take some measures to improve your … Continue reading...
Radon Gas In The Home- An Invisible Killer
When purchasing a home it is important for a home buyer to do their due diligence. Part of the due diligence period is having a home inspection done on the home that is being purchased. This includes testing for radon gas in a home. A general home inspection of a home's systems and structures is a good idea. You should also consider additional inspections, including the testing for radon gas.... not only in the home but the well water if the home is on a private well. What Is Radon … Continue reading...