Brenda Cahoon - Burlington Ma Real Estate, Billerica MA Real Estate, Woburn MA Real Estate


Ready to launch a search for your dream home? Ultimately, you'll want to do everything possible to streamline your home search to boost your chances of getting the best possible results.

There are many best practices for conducting a successful home search, and these include:

1. Define Your Homebuying Criteria

The definition of the "perfect" home varies from property buyer to property buyer. This means that your definition of the perfect home is unlikely to match that of a friend or family member.

Think about what separates an ordinary home from a can't-miss residence. Then, you'll be able to narrow your home search and map out a successful homebuying journey.

As you consider the perfect home, make a list of homebuying "must-haves." For example, if you want a garage where you and your wife can park your cars, a two-car garage is a homebuying must-have. Or, if you want a home that's close to high-quality schools that your kids can attend, buying a house in a great school district is a must.

2. Get Home Financing

Although your ultimate goal is to acquire a top-notch residence, you'll likely need financing to help you transform your homebuying dream into a reality. Fortunately, many banks and credit unions are available to teach you about a wide range of mortgage options.

Meet with several banks and credit unions – you'll be glad you did. These lenders can educate you about the different types of home loans and help you get pre-approved for a mortgage.

After you receive pre-approval for a mortgage, you're good to kick off your home search. In fact, with a mortgage in hand, you can tailor your search to homes that fall within a specific price range.

3. Work with a Real Estate Agent

Regardless of your homebuying goals, it pays to work with a real estate agent. That way, you can receive expert assistance as you search for houses in various cities and towns.

A real estate agent is happy to teach you the ins and outs of purchasing a house. By doing so, this housing market professional can help you become a real estate expert in no time at all.

Furthermore, a real estate agent will set up home showings, keep you up to date about new houses that become available and help you submit home offers. This housing market professional is committed to your homebuying success and will do whatever it takes to assist you along the homebuying journey.

Perhaps best of all, a real estate agent is available to respond to any homebuying questions that you may have. No homebuying question is ever too big or too small for a real estate agent, and as a result, this housing market professional will make it simple for you to make an informed homebuying decision.

Launch a successful home search today – use the aforementioned best practices, and you can increase the likelihood of discovering your dream home.


You want to buy a house, but you know that you need to save as much money as possible for a down payment. Although you've tried to save money in the past, your best efforts have failed to help you collect the funds that you'll need to make a down payment on your dream residence.

Let's face it – saving for a home can be difficult. Fortunately, we're here to offer creative ways to help you get the money that you'll need to make your homeownership dream come true.

Now, let's take a look at three creative ways to save for a down payment on a house.

1. Start a Friendly Competition

Competition often brings out the best in homebuyers. Much in the same vein, you and your friends may be able to compete against one another to see who can save the most money for a down payment on a home.

If you and your friends intend to buy a home together or separately, a friendly competition can make a world of difference in getting the required funds for a down payment. In fact, you can even award the winner of this competition with an "Ultimate Saver" trophy or other fun prizes.

Ultimately, a friendly competition is a great way to have fun with friends and save money for a down payment on a house at the same time. Regardless of who wins the competition, you'll notice that your down payment savings will increase, moving you one step closer to acquiring your ideal residence.

2. Use a Rewards System

Saving for a down payment on a home may seem like a long, arduous process. However, if you build rewards into your day-to-day savings efforts, you can earn incentives as you reach various milestones.

For instance, you may want to reward yourself with a special dinner every time that you reach a savings milestone. Or, you can always celebrate hitting a savings milestone with a trip to the dog park with your puppy.

3. Trim the Fat from Your Budget

It sometimes can be tough to remove cable TV, takeout meals and other excess items from your budget. But if you consider the long-term benefits of these short-term sacrifices, you may be better equipped than ever before to save significant funds for a down payment on a home.

Look closely at your daily, weekly and monthly budgets. Then, you can determine which budget items are essential and which are not and trim the fat from your budget accordingly. This will allow you to speed up the process of saving for a down payment on a house and ensure that you can achieve your homeownership dream faster than ever before.

Lastly, as you prepare to explore available homes, don't hesitate to reach out to a real estate agent for extra help. By hiring a real estate agent, you can get the assistance that you need to discover a great house that falls within your price range.


Image by ErikaWittlieb from Pixabay

For most people, buying a house is the biggest investment they will make. Unless you are paying cash, the transaction could become complicated. Not that many people can pay cash for a house – and for those that can, it often makes more sense to borrow than to use up cash reserves, especially if interest rates are low. Whether this is your first home purchase or a subsequent home purchase, you might consider going with as much home as you can afford. In some cases, such as when the elderly want to downsize, smaller is better, but in most other cases, larger is better.

Better Value

When you do go to sell your home to downsize or because you get a job transfer, you’ll get more money for a larger home. Most people want at least three bedrooms and two bathrooms. Those houses tend to sell easier than homes with fewer bedrooms and bathrooms.

Growing Family

If you are newly married, planning on getting married or moving in with your significant other, or if you are older, but plan to have one of your children move in with you, you might want to start with a larger home so that you won’t have to go through the hassle of selling to upgrade. Even if you are single, if you plan on having a family, you might want to buy a larger house now. If you change your mind about the family, you can always sell it later on – and get more for a house that will be easier to sell.

Entertaining

When you entertain, you won’t be stuck sleeping on the floor or on the sofa if you have extra bedrooms. Your guests can have the privacy of their own room when you buy a bigger house. The more bedrooms you have, the more people you can have stay over. If you have just one person or family stay over, you might prefer just one extra bedroom, but if there’s a possibility that two friends stay, go for two or more extra bedrooms.

Single-Use Rooms

If you have hobbies, the extra rooms are great for decreasing the clutter around your house. A hobby that takes up tons of space is reading. If you’re an avid book collector, line the walls of an extra bedroom with bookcases – from floor to ceiling – to store all of your books. If the room has a good view, build a window seat in the room for a comfortable and quiet reading space.

And, if you need a home office, you can convert an extra bedroom into an office. You’ll have a quiet space to work, plus you’ll be able to lock up confidential information, whether you use a filing cabinet or install a hidden safe in the room.


Image by Capri23auto from Pixabay

It’s not unusual for homebuyers to enter the market with some preconceived notions about the differences between an existing home and new construction. These may be formed by talking to friends and loved ones about their successes and challenges. Others come from media sources, including the seemingly endless stream of reality home shows.

Regardless of how your ideas have been formed, it’s in every buyer’s best interest to conduct some due diligence and explore the gaps between opinions, myths, and real estate facts. Weighing the following pros and cons of new construction may help you hone your understanding and make a truly informed decision.

1: Home Customization May Be An Option

It’s important to distinguish between two types of new construction. There is the type in which you work directly with a builder and architect to design a home unique to your standards and desires. There’s also the type in which the house is already built, and you would be the first occupant. The idea that buying new automatically delivers input into the design is only reserved for the former. If you want control from the drawing board to turning the key, that can certainly be achieved by enlisting an architect and construction outfit.

2: New Home Customization Can Be Expensive

While adding all the latest Smart technology and energy-efficient products can provide the quality of life you are pursuing, these items do come at a premium. Some estimates place Smart technology options at a 30- to 50-percent higher cost than conventional appliances and devices. New construction costs also hover at approximately $150 per square foot and can uptick considerably if you plan to integrate high-end materials or unique floor plans. Customization can certainly result in the dream home you imagine. However, there may be a nightmarish price tag included.

3: New Home Construction More Energy Efficient

Energy expert resources generally agree that new homes and those built after 2000, are widely more energy-efficient than those built in the 20th Century. New construction living spaces utilize and estimated 20 percent less energy, on average and new HVAC systems could outpace older homes by as much as 50 percent. That equals real dollars and cents savings on monthly utility bills and annual home expenses.

4: New Construction May Lack Quality Materials

It’s an open secret that the construction industry utilizes more inexpensively crafted materials than older homes. For example, many new construction homes present the image of hardwood flooring at first blush. But upon further review, the materials used are sometimes floating flooring or far thinner than yesteryear oak and other hardwoods. While new construction usually likes quite shiny, the materials to build it may lack the durability and luster of older existing homes.

5: New Construction Is A Double-Edged Landscaping Sword

Buying a newly constructed home often means that you will have pleasure — or chore — of designing the grounds as well. The upside usually involves planning your outdoor living space precisely the way you want it. Options such as stone patios, verandas, permanent outdoor cooking stations and garden placement, among others, are all on the table.

But the downside is that a new landscape will not necessarily enjoy the robust aged trees, large flowering shrubs and deeply rooted lawns of established grounds. That may seem like six-in-one-hand and a half-dozen in the other. Those are the little differences that you are tasked with weighing when making an informed decision between new construction and an existing home.  


If you’re in the market to buy a home, you want to find the perfect place for you and your family. In a seller’s market, the competition can be fierce. As a buyer, you may be under the impression that you need to make the highest offer in order to secure the home of your dreams. The problem is, you may never know what price other people have offered for the same home.


Know Your Budget


First, you should know what kind of a budget you have to work with to buy a home. You probably have done an online search to see what’s out there and what price range the homes you like fall into. You’ll want to go beyond the online search and actually see some of your favorite houses in person because pictures can be deceiving. 


Next, you’ll want to do is speak with a lender. This can help you before you even hit the ground running on your home search. A lender can pre-qualify you then work you through the process of pre-approval. This will give you a definitive number to work with when searching for a home. With this number, you’ll know how much you can offer comfortably when you find that house you fall in love with.


Make A List Of Priorities


Finding the “perfect” house usually requires that you make a few compromises along the way. It’s very unlikely that you’ll find one house that gives you everything you want in one place without a bit of imagination. Jot down all of the things about a home that are the most important to you. These items could include:


  • The neighborhood
  • Big backyard
  • Open floor plan
  • Number of bedrooms
  • Hardwood floors
  • The size of the rooms
  • Style of the house
  • Granite countertops


Whatever is important to you should be on the list. Next, go through the list and see what can be compromised on. There are probably a few luxuries on the list that you could stand to give up in lieu of something else.  


The Offer


Once you find that home you know that you absolutely want to live in, you’re going to want to make an offer. Let your realtor know immediately that you’re interested in the home and they can get to work. Your realtor can help you to make an offer that’s reasonable based on the asking price and your budget. Your offer doesn’t have to be thousands of dollars over the asking price for you to win the bid. There are a couple of strategies that can help you to land the right home even if you’re not stretching your budget to the max.


Showing You’re Serious


Taking steps like being pre-approved and having all of your finances in order can help to give you the upper hand in the house hunt. Sellers don’t want to deal with a buyer who is ultimately going to have issues where the deal will fall through.


The Offer Letter


Writing a letter along with your offer is a great personal touch to help you land the home of your dreams. If a seller knows that the home they have lived in and loved will go to another owner who is going to appreciate and take the same great care of the home, they will be more likely to go with you as a buyer. First, tell the seller a bit about yourself and why you love the home so much. Compliment the landscaping. Tell the seller just how much your kids are going to appreciate living in the home. Don’t be afraid to get too personal when it comes to writing an offer letter to the sellers. They will appreciate honesty and a candid approach in the sometimes all too serious matter of buying a home.




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