Buying your first home as a first time home buyer in a MA is a big deal. Before ever looking at homes there are 5 critical steps you should take as a Massachusetts first time home buyer.
Are you a Massachusetts First-Time Home Buyer looking to enter the market? The first question you have will be "how much house can I afford?" We will cover housing affordability and learn how you can afford monthly. Use the House affordability calculator to discover what you can afford.
Looking at homes is fun, but talking about the money isn't. At the first thought of buying a home, speak to a lender and get a mortgage pre-approval letter. It's an easy step. You will know your numbers down to the penny, and it provides you with many benefits throughout the home buying process.
Buying a home in Massachusetts is a complex process. Use the comprehensive guide to understand the home buying process an how to be a successful home buyer.
One of the last steps before closing on your new home is the final walk though. It is an important step but one that can get glossed over by the excitement of buying a new home. Find out why this step is so important with tips on how to conduct your final inspection of the home.
Learn everything you need to know about Credit Karma. The company provides free credit scores through their VantageScore with insights on how to improve your credit, provide offers that fit credit profile and more.... Credit Karma is a decent tool to help maintain your financial health.
A split level home is defined by staggered living levels. Once popular in the 60s and 70s it is considered an outdated design by many. But split level houses play a large role in the resale market. Often found in the more affordable segment in many Massachusetts communities.
Are you wondering how much down payment you need to buy a home? A common misconception is you need 20%, But, in reality there are many loan programs that only require 3-5% for a down payment. And there are a few government programs where you need nothing!!
A non-warrantable condo is a unit that doesn't not meet the requirements for traditional financing. There are risks for purchasing a non-warrantable condo. Learn the downsides.
Open permits are building permits that have never been closed. Today they are becoming more and more problematic as municipalities are paying more attention to them and require them to be closed out. Open permits can be a nightmare if you are a home buyer or home seller.
