Homebuying Tips: Look Beyond the Price of a Home

Buying a home represents a life-changing decision. As such, you’ll want to look beyond the price of a residence as you search for your dream house.

Ultimately, there are many factors beyond price that you should consider as you pursue your ideal residence, including:

1. A Home’s Location

For most homebuyers, a house’s location is the number one factor when they explore the real estate market, and perhaps it is easy to understand why.

Finding a home in a location that is convenient for you is priceless. And if you know how to conduct a comprehensive home search, you can quickly discover a high-quality home in a wonderful location.

As you prepare to kick off your home search, consider whether you’d like to live in a city or town. This will enable you to narrow your home search.

You also may want to consider homes that are located near work or school. By doing so, you can ensure that you won’t have to travel too far to get to destinations that you frequently visit.

2. A Home’s Condition

A home may look like a great investment at first, but its condition may have deteriorated over time. Thus, you’ll want to take a close look at a house’s condition before you finalize a home purchase.

Typically, a homebuyer will complete a property inspection after a home seller accepts an offer on a residence. This inspection will enable a homebuyer to perform an in-depth assessment of a residence and learn about its strengths and weaknesses. Then, a homebuyer can determine whether to move forward with a home acquisition.

If a property inspector discovers myriad issues that impact a home’s condition, a homebuyer may want to reconsider his or her offer. At this point, a homebuyer can still walk away from a home purchase. Or, a homebuyer can ask the home seller to complete various home improvements as well.

On the other hand, a homebuyer who falls in love with a house may choose to proceed with a home purchase, regardless of the residence’s condition. If you choose this option, however, it is important to consider the potential long-term ramifications of your decision.

3. Your Future

It is paramount for a homebuyer to find a house that he or she can enjoy for years to come. Therefore, a homebuyer should consider his or her future before finalizing a home purchase.

For example, if you plan to settle down and start a family, you may want to evaluate houses that are close to schools. Conversely, if you eventually want to work in the big city, you may want to consider homes that will make it easy to commute into the city day after day.

Don’t forget to hire a real estate agent to help you during the homebuying journey too. With a real estate agent at your side, you should have no trouble examining a broad range of top-notch houses that won’t force you to break your budget.

Single-Family – 86 Rockland St Easton, MA 02356 is now back on the market!

Looking for Convenient ONE FLOOR LIVING on 1+ acres set on country road? Check out this charming Hip Roof Ranch surrounded by lush, grassed yard! ENTERTAIN family & friends in gracious Living Room boasting floor-to-ceiling fieldstone fireplace w/ wood-burning insert & adjacent Dining Room open to oversized deck & backyard beyond. Kitchen offers gas cooking, ample cabinetry, pantry & casual eating area. Master Suite boasts AWESOME Custom Walk-In Closet & Full Bath w/ incredible tiled shower with handicapped access and Laundry Area. Two more Bedrooms with closets and Guest Full Bath complete the first floor layout. Updates include Central Air + Furnace (Lennox) (6 yrs), Roof (11 yrs). Lower level has Storage, Workshop + Access to driveway area. RELAX on expansive deck overlooking fenced, private yard & ENJOY summer evenings around firepit! Plenty of outside storage in 2 sheds + under deck area. Title V in hand. Commute to Boston or Providence! Convenient to highways, schools, shopping!!

This is a Ranch style home and features 6 total rooms, 2 full baths, 3 bedrooms, 1.05 Acres, and is currently available for $369,900.

For complete details click here.

What Factors Should Millennials Consider When They Buy a Home?

Are you a Millennial who is interested in buying a home? If so, now may be an excellent time to purchase a house.

Millennials who understand the ins and outs of buying a house will be better equipped to make a great home purchase.

So what should a Millennial look for in a new house? Here are three factors that every Millennial should consider when they evaluate a house:

1. Location

Location is everything in the real estate market, and Millennials who consider a house’s location relative to their personal needs are sure to find a wonderful house.

For instance, if you don’t own a car, you may want to consider purchasing a house that is located near public transportation. Conversely, if you want your home to be a haven from the hustle and bustle of your day-to-day office work, you may want to consider buying a house outside the busy city.

Examine the location of a prospective residence during the home evaluation process. By doing so, you’ll improve your chances of finding a home that fulfills your personal needs both now and in the future.

2. Price

A home is a long-term investment, and as such, you’ll need to consider the house’s price before you begin your search for the perfect residence.

Getting pre-approved for a mortgage generally is a good idea before you start looking at homes. Pre-approval means you’ll be able to establish a homebuying budget and determine the maximum amount that you can spend on a house.

Also, you should examine your personal finances closely prior to your home search. This may allow you to find ways to save extra money for a down payment on a house and explore other cost-cutting measures to ensure you have enough money to afford a new residence.

3. Debt

Unfortunately, debt plagues many Millennials and can destroy your chances of purchasing a house quickly and easily. As a result, you’ll want to examine your debt and find ways to reduce it before you buy a house.

To minimize debt, you’ll first need to know your credit score. Fortunately, you’re eligible for a free copy of your credit report from each of the three major credit reporting bureaus (Experian, Equifax and TransUnion) at least once a year.

Get a copy of your credit report so you know your credit score. Then, you can review the sources of your debt and work toward paying off outstanding credit card bills and other debt that may hinder your ability to purchase your ideal residence.

Of course, buying a house can be a stressful endeavor for Millennials. And if you need extra help along the way, it is essential to remember that you can employ a friendly, experienced real estate agent.

A real estate agent enables you to take the guesswork out of the homebuying process, and ultimately, may make it simple for you to find a house that fits your personal needs and budget. With the right real estate agent at your side, you’ll be able to streamline the process of buying a house and discover a residence that suits you perfectly.