RE/MAX Preferred Properties

Posted by RE/MAX Preferred Properties on 3/18/2018

When you decide that you want to buy a home, you probably hope it will all happen overnight for you. There’s some bad news though. It can take between 6 weeks and 6 months to buy a home! It could take even longer if you face a few roadblocks or inventory happens to be low in your area. There’s so many variables when it comes to getting a place to live that everyone has a different experience during their home buying process. 

A Long Road

Even if you decide to buy a home today, and find a home you love tomorrow, there’s a bit of a “grace” period before you actually get to own the home. There’s many different steps that you’ll need to complete in order to successfully secure a home.  


The first step that you need to complete when you want to buy a home is that of getting pre-approved. The lender will look at your debts, income, and credit history in order to get a complete financial snapshot of you. With this information, the lender will be able to tell you just how much house you can afford. This will be given to you in the form of a maximum loan amount. If your loan amount is $300,000, you can’t be shopping for $400,000 homes. The pre-approval process generally only takes a few days, but everyone’s circumstances are different.

Get An Agent

Before you even start on the house search, you’ll need to find a real estate agent who can help you on your home search and knows how to secure the home transaction. Do a little research on agents in your area. You can also ask around amongst your family and fiends to see if they have recommendations. Who you pick for your agent can have an impact on how smooth your home search process and transaction will be. 

Start Searching For A Home

Start your home search online. With today’s technology, online home searches save those shopping for a home a lot of time. By simply looking at details and listing descriptions, you can narrow down the number of homes you‘d like to see in person. The online home search is a way to screen homes and eliminate the ones that you have no interest in. 

It never hurts if you are driving around and see a “for sale” sign. You can take down the address and look it up later. If you’re interested, you can always set up an in-person showing with your realtor.               

How Much Time Should You Expect To Spend? 

When it comes to how long you’ll be searching for a home, you’ll need to be realistic. If you’re only doing casual weekend searches, it could take a bit more time than if you have a bit more flexibility in your schedule. Then, you have the final steps to look forward to which include:

  • Negotiations
  • Mortgage underwriting
  • Escrow
  • Closing

All of these final steps can take varying amounts of time from a few weeks to a few months to complete. Patience and diligence are indeed requirements when it comes to buying a home.

Posted by RE/MAX Preferred Properties on 3/11/2018

When you think of your real estate budget, you should know that the more you spend on a home, the more overhead costs you’ll face. You’ll 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? 


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’ll keep climbing. The panic couldn’t 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’t 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’t 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’ll 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’s simple, yet many people opt for a bigger house that they aren’t 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’ll 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’s never a good idea to max out your budget on a home purchase.                    

Tags: Buying a home  
Categories: Uncategorized  

Posted by RE/MAX Preferred Properties on 3/5/2018

79 RIPLEY ST, Newton, MA 02459

Newton Center



PRICE REDUCTION! Beautiful, spacious, sun-filled 3 bedroom, 1 bath condo on the second floor of a 2-unit building in Newton Centre. Quiet street and great views from the second floor! Freshly painted, imported maple wood floors, and tons of natural light! Bonus sun room off the living room will keep you nice and toasty this winter! FREE laundry and extra storage in the basement! Close to restaurants, the T, and the Street in Chestnut Hill for all your shopping needs! 1 garage parking spot and 1 in the driveway are included. A truly gorgeous, must-see unit! Landlord is willing to negotiate on length of lease and will consider pets on case-by-case basis.
Open House
No scheduled Open Houses

Similar Properties

Tags: Real-Estate   Rental   Newton   02459  
Categories: Price Change  

Posted by RE/MAX Preferred Properties on 3/5/2018

29 SPRINGFIELD STREET, Watertown, MA 02472



Spacious & sunny, this 3 bedroom apartment located in the desirable Watertown community is the perfect rental and a must see! This charming apartment has many features including: a newer washer & dryer, stainless steel refrigerator, fresh paint in all rooms, heated sunroom, formal living & dinning rooms, private porch, and more! The rental is also located in a fantastic commuter location-close to the express bus and highway. Only a short walk away from shopping and the Watertown Middle School.
Open House
No scheduled Open Houses

Similar Properties

Tags: Real-Estate   Rental   02472   Watertown  
Categories: New Homes  

Posted by RE/MAX Preferred Properties on 3/4/2018

An open house represents a valuable opportunity for a home seller. If a seller plans ahead for an open house, he or she may boost the likelihood of hosting an unforgettable event that showcases the full beauty of a residence. As a result, this seller may receive multiple offers on his or her home as soon as the open house reaches its conclusion.

Believe it or not, preparing for an open house can be easy. Now, let's take a look at three tips to help a home seller get ready for an open house.

1. Perform Extensive Cleaning

A neat, tidy home is ideal, particularly for a home seller who wants to enjoy a fast, profitable home selling experience. Thus, if you allocate the necessary time and resources to clean your residence now, you may be better equipped than ever before to host a successful open house.

To clean your home's interior, you'll want to take a room-by-room approach. Wipe down each room's walls, mop or vacuum the floors and remove any debris.

Moreover, you should spend some time mowing the front lawn, trimming the hedges and performing assorted home exterior maintenance. And if you need extra help along the way, don't hesitate to reach out to a professional landscaping company, either.

2. Declutter As Much As Possible

Clutter can make it tough for a homebuyer to envision what life may be like if he or she buys your residence. Therefore, you'll want to remove as much clutter as possible prior to an open house.

Oftentimes, it helps to rent a storage unit where you can store assorted clutter until you finalize a home sale. A storage unit generally provides a safe and affordable option for home sellers who want to safeguard various belongings over the course of several weeks or months.

On the other hand, it may be beneficial to sell excess items online or host a yard sale. Because if you can sell items that you no longer need, you can declutter your home and earn extra cash at the same time.

3. Collaborate with a Real Estate Agent

Hosting an open house may prove to be challenging, particularly for those who are trying to work alone. Fortunately, real estate agents are available who can help you take the guesswork out of getting ready for any open house, at any time.

A real estate agent is happy to provide comprehensive support at each stage of the home selling journey. As such, he or she will help you enhance your home and ensure it is open house-ready.

Usually, a real estate agent will offer personalized recommendations to help you prep your residence for an open house. This housing market professional also will promote your open house in the weeks and days leading up to the event. And when the open house ends, a real estate agent can provide honest, unbiased event feedback as well.

Host a successful open house – use the aforementioned tips, and you should have no trouble achieving the best-possible results during an open house.

Categories: Uncategorized