Brian O'Neil - RE/MAX Advantage I



Posted by Brian O誰eil on 5/19/2019

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.




Categories: Uncategorized  


Posted by Brian O誰eil on 5/17/2019


3 Oakview St, Worcester, MA 01604

Single-Family

$200,000
Price

6
Rooms
3
Beds
1
Baths
6 room, 3 bedroom, 1 bath ranch with level, manicured yard, large patio with granite steps, and new shed. Recent updates include furnace, oil tank, water heater, and many more inside and out. Great commuter location with access to routes 290 and 9, and minutes from UMass Medical School. ***Showings start at Open House on Sunday 12-2pm***
Open House
Sunday
May 19 at 12:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 3 Oakview St, Worcester, MA 01604    Get Directions

Similar Properties





Categories: New Homes  


Posted by Brian O誰eil on 5/17/2019


3 Oakview St, Worcester, MA 01604

Single-Family

$200,000
Price

6
Rooms
3
Beds
1
Baths
6 room, 3 bedroom, 1 bath ranch with level, manicured yard, large patio with granite steps, and new shed. Recent updates include furnace, oil tank, water heater, and many more inside and out. Great commuter location with access to routes 290 and 9, and minutes from UMass Medical School. ***Showings start at Open House on Sunday 12-2pm***
Open House
Sunday
May 19 at 12:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 3 Oakview St, Worcester, MA 01604    Get Directions

Similar Properties





Categories: Open House  


Posted by Brian O誰eil on 5/12/2019

The homebuying process may prove to be challenging, particularly for individuals who fail to anticipate potential problems. Lucky for you, we're here to help you identify and address homebuying hurdles before they escalate.

Now, let's take a look at three tips to ensure you can seamlessly anticipate and overcome homebuying hurdles.

1. Learn About the Housing Market

The real estate market can be complex. Fortunately, an informed homebuyer should have no trouble resolving potential problems early in the property buying journey.

Examine a wide range of housing market data you'll be glad you did. Look at the prices of recently sold houses as well as the prices of available residences in your preferred cities and towns. With this housing market information, you'll be better equipped than ever before to differentiate a buyer's market from a seller's one and plan your homebuying journey accordingly.

2. Get Home Financing

If you intend to pursue a house, you likely will need a mortgage. Thankfully, banks and credit unions are available to help you obtain a mortgage in no time at all.

Ultimately, it helps to get pre-approved for a mortgage. If you enter the housing market with a mortgage in hand, you can narrow your house search to properties that fall within your price range. And as a result, you could speed up the process of finding and buying your dream house.

When you meet with lenders, don't hesitate to ask lots of questions, either. If you allocate time and resources to learn about all of your home financing options, you can determine exactly which option is right for you.

3. Employ a Real Estate Agent

There is no need to pursue a house on your own, regardless of whether you're an experienced or first-time property buyer. But if you employ a real estate agent, you can work with a homebuying expert who can help you make your homeownership dream come true.

A real estate agent understands what it takes to find a great house at an affordable price. He or she can teach you about the housing market and help you make informed decisions at each stage of the property buying journey. Perhaps best of all, a real estate agent can prepare you for potential homebuying hurdles and ensure you can quickly address these issues.

Let's not forget about the assistance that a real estate agent provides as the homebuying journey progresses as well. A real estate agent will set up home showings, help you weigh the pros and cons of different houses and ensure you can submit an offer to purchase your dream residence. And as you approach the date of your home closing, a real estate agent will offer tips and recommendations to ensure you can finalize your house purchase without delay.

Want to avoid homebuying hurdles? You're not alone. But with the aforementioned tips, you can identify and overcome various homebuying hurdles and effortlessly navigate the property buying journey.




Categories: Uncategorized  


Posted by Brian O誰eil on 5/5/2019

When you think of your real estate budget, you should know that the more you spend on a home, the more overhead costs you値l face. You値l need to pay for things like real estate agent fees, attorneys fees, and other closing costs. The more you pay for a house, the higher all of these fees will be since they are usually percentage based. So, the overarching question is how do you budget and find a reasonable amount of money to spend on a home? 


Prioritize


Your real estate agent may show you a myriad of homes across many different price ranges. Each property will have pros and cons. You can look at seeing these homes as an educational experience. Viewing properties could even help you hone in on what you want in a home. There are a few good reasons to look at homes above your budget range. 


Housing Prices Could Rise Or Drop


When housing prices begin to rise, people tend to believe that they値l keep climbing. The panic couldn稚 be further from the truth. Eventually, the prices need to drop. The idea of buying a property and adding value is to make a bit of a profit back when you go to sell. You need to be prepared for anything when you head out to buy a home. Price changes will apply to you if you plan on living in your new home only for a specified period. If you don稚 have plans in your future to move, you may not worry about home value changes quite as much when shopping for a property. 


Mortgages End Eventually


If you plan ahead, you don稚 have to pay mortgages for the rest of your life. If you keep moving and taking out 30-year mortgages, you could be making mortgage payments forever. If the average family stays in their home for around a decade, that's not a significant amount of time. Here, you値l find a great reason not to max out your budget on a home. If you buy a less expensive house, you can get the mortgage paid off faster. You may even be able to take the mortgage out for a shorter term. Paying your home off more quickly allows your financial freedom. It痴 simple, yet many people opt for a bigger house that they aren稚 planning on staying in, causing a bit of a financial headache.


You Need A Rainy Day Fund


If you avoid maxing out your budget to buy a home, you値l be able to save a bit for any emergencies that come up. You will be under less stress knowing that you have a little bit of money set aside in case your home needs major repairs, or you face a job loss or illness. In conclusion, it痴 never a good idea to max out your budget on a home purchase.                    





Tags: Buying a home  
Categories: Uncategorized