Massachusetts Real Estate- Merrimack Valley
Real Estate in Essex and Northern Middlesex Counties, Massachusetts
Homebuyers will frequently ask "should I get a home inspection before buying?" The answer is certainly very specific to the circumstances. In most cases, I would certainly recommend that a home inspection is done. Why Should I get a Home Inspection Before Buying? Buying a home for many is not something that is done very often. You take the time to get properly financed for your home purchase, search for homes then finally put in an offer. Ont op of it all, … Continue reading...
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...
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...
You are thinking you may want to buy a house. What should first time home buyers know? Many people buy a house very few times in their life. Its a big decision and lots of money is involved. Home buying for anyone can be a stressful process, but can certainly be full of missteps for a first time home buyer. Buying a home can be complicated on many levels. First their is the legal side of buying the home. Then there is actually looking for homes that suit your … Continue reading...
As a home shopper, there are a few things you can do to make your life easier…and that is to make your agent’s job easier. You two have aligned goals, so it is best to work with each other instead of against each other. I have observed both sides of the transaction enough times to know a few of the items consumers can do to help their REALTOR®. Here is that list. Be Upfront and Communicative All good relationships are built … Continue reading...
You have put an offer in on a home that was accepted!! Congratulations. There is probably no doubt you decided you should have a home inspection on your new home before closing. Today we will talk about how to get ready for your home inspection. Your home inspection is your last line of defense in insuring your home is safe and sound when you move in as well as alerting you to any repairs they may need to be done immediately or in the near future. I won't go into depth … Continue reading...
Does Dealing Directly With The Listing Agent Save You Money? Some home buyers think that if they go to an open house or call the listing agent directly on a home they will save money. The thought is if they deal directly with the listing agent they will receive an edge in negotiations and/or the listing agent will give up part of their commission to make the deal work. So will going directly to the listing agent save you money? In reality, yes you may have the illusion of saving money … Continue reading...
I have a term for when home buyers waste valuable months searching for homes that don't exist, but have no clue they are involved in an impossible or near impossible task. I call searching for homes that don't exist "chasing unicorns". Just like the mythical creature that doesn't exist neither does some home buyer's dream homes. Usually because of budget constraints. Home buyer's that don't have a handle on existing markets conditions and the available inventory will waste … Continue reading...
You have probably heard that in many segments of the real estate market in Massachusetts it is a hot sellers market. As a home buyer navigating a hot sellers market can sure be frustrating. This article will help home buyers identify and navigate a red hot seller's market. Define A Seller's Market I have written other articles on understanding real estate markets. But let's quickly define a sellers market. A sellers market is when the amount of inventory on the market will … Continue reading...
When negotiating a home price as a buyer, its not necessarily about the money. My last two buyer transactions where I was a buyer's agent negotiating on behalf of my client, we were not the highest bidder, yet we were the ridding bidder. Yes, my buyer client's offers were several to five thousand dollars less than the highest offer the sellers received on their home. Now don't get me wrong you can't be 10's of thousands of dollars less than other offers and expect the seller to choose … Continue reading...