Massachusetts Real Estate- Merrimack Valley
Real Estate in Essex and Northern Middlesex Counties, Massachusetts
Buying a home is a big deal. There are many aspects and phases of buying a home that legal and financial ramifications while going through the home buying process as well as long after you have closed on your home. Good decisions need to be made. Avoid these common home buying mistakes that can turn the American Dream into a nightmare. 14 Common Home Buying Mistakes Failing to Get Pre-Approved Getting a mortgage pre-approval letter is the first step of the home buying … Continue reading...
Getting pre-approved is a vital step in buying a home. And it is important to get pre-approved early, before you start looking for homes. Yet, buyers want to look at homes with out being pre-approved. Or they think they will get pre-approved when they find the right home. But if you wait to find the right home and your not pre-approved, your going to miss out on the perfect home in this real estate market. Because of the lack of inventory, many buyers competing for the same … Continue reading...
Credit scores play a large role anytime you buy something over time, like a home or automobile. Not only does your credit score play a role in qualifying for a home mortgage it is also effects your interest rate. The lower your credit score the higher your interest rate and vice versa. I will cover some credit score basics in this article which will help in you in understanding your credit score. I will discuss your score as it relates to getting a home mortgage. … Continue reading...
Get Your Pre-approval Letter First! You have been looking at homes for months, now you have found the perfect home. It is time to put in an offer on the home you like, your agent tells you that you need to submit a mortgage pre-approval letter with your offer for it to be considered. You put the kids to bed and you sit at the computer and you get a pre-qualification letter that you print off the compute, or dig out an old pre-qual letter. Yes, it may satisfy the home seller, but you … Continue reading...
As the local real estate market in Massachusetts heats up, it not unusual for home buyers to be in a Multiple Offer situation. If you find yourself in a multiple offer situation, at best it is frustrating and many times all reason goes out the window. As home sale inventory dries up, it may be impossible for you to avoid competing with other home buyers. Here are 5 tips to make your bid the winning bid! 5 Tips to be the Bid the Winning Bid in a Multiple Offer Situations 1) Get your … Continue reading...
