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Congratulations on your decision to embark on the exciting journey of purchasing a home in Boston! As a seasoned real estate agent familiar with the intricacies of this dynamic market, I'm here to guide you through the process. Here's a step-by-step buyer's guide to help you make informed decisions and find your dream home.
Before diving into the market, take the time to envision your ideal home. Consider factors such as the type of property, desired features, and your lifestyle preferences. Be realistic about your budget and priorities. Boston offers a diverse range of neighborhoods, each with its own charm, so understanding what you're looking for will help narrow down your search.
Notice I said to decide on your budget—not determine how much the mortgage company will give you. In many cases, a mortgage company will pre-approve you for more than you’re comfortable spending, which is why you need to determine the monthly payment you feel comfortable with before talking to a lender. This likely includes doing a full household budget and taking into consideration what changes other than a mortgage payment will occur once you move into your new home. If you’ve lived in an apartment or with roommates, you may overlook new expenses like garbage, water, or HOA fees that could easily blow your budget.
Boston is a city of diverse neighborhoods, each offering a unique blend of amenities and characteristics. Research the neighborhoods that align with your preferences and lifestyle. Stay informed about market trends, recent sales, and upcoming developments. This knowledge will empower you to make informed decisions and understand the value of properties in your chosen area.
Before actively searching for a home, it's crucial to know your budget and secure financing. Work with a reputable mortgage broker to get pre-approved for a loan. A pre-approval not only strengthens your negotiating position but also streamlines the purchasing process. Knowing your financial parameters will allow you to confidently explore properties within your budget.
My goal is to provide you with the most personalized service that is designed to help you buy your dream home
Brittany is dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact her today to find out how she can be of assistance to you!