Title /blog/posts/2018/02/?format=rss A blog feed. en-US Tue, 20 Feb 2018 10:02:26 -0500 Good Homes Are looking for Millennial's https://www.hansbrings.com/blog/posts/2018/02/20/good-homes-are-looking-for-millennial-s/ <p style="text-align: center;"><img alt="" src="https://s3.amazonaws.com/files.usmre.com/5872/blog/photo.jpg" style="width: 400px; height: 300px;" class="featured"></p> <p><b>The sooner you start saving the better</b>.</p> <p>Every little bit helps to put you in a better <a href="https://www.hansbrings.com/buyers/buying-a-home-in-waltham-ma/">buying</a> position. Set goals to have enough money saved up for more than the minimum down payment. Also make sure your income makes it possible to afford the monthly payments for a minimum of 5 to 7 years to lessen the chances of defaulting on your loan.</p> <p><b>Make sure you consider extra home purchasing costs that you may not initially think of.</b></p> <p>Often times through the inspection and closing processes, extras costs may arise. To keep yourself in your budget, include a bit of a buffer to ensure you don&rsquo;t exceed your limit in those extras as well as any extra moving costs, or unexpected maintenance that may be required.</p> <p><b>Do your research</b>.</p> <p>Make sure you are keeping up to date with mortgage interest rates. Calculate your current financial circumstances to figure out what you can and cannot afford. With all the information on the internet now, it is much easier to have access to information about homes, mortgage rates, and interest rates.&nbsp;Do your research, so when negotiating, you have points to back you up.</p> <p><b>Renovation costs</b>.</p> <p>They are not exactly what they seem and can quickly become much higher than anticipated. It cannot be stressed enough to know the extent of repair needed on a property and how much extra money to include in your overall budget for things like this.</p> <p><b>Don&rsquo;t rush into things, work with an experienced Waltham Realtor who knows the current market.</b>&nbsp;</p> <p>A Realtor with years of experience can help you determine things like which neighborhoods to aim for and what are fair and reasonable asking prices in a particular area. If a property seems overpriced, they can provide helpful negotiation skills to get you in the right home for your needs and budget. Realtors can also help you navigate the overwhelming amount of paperwork that is involved in a home purchase and they are able to explain some of the details that may seem like a foreign language to you. Realtors are there to answer questions you may have after the closing as well and are professional when handling confidential information. Working with a local <a href="https://www.hansbrings.com/realestate/agent/hans-brings/">Waltham Realtor</a> is a great way to make sure you don&rsquo;t end up making a big mistake through a very confusing process.</p> <p><b>Stay motivated.</b>&nbsp;</p> <p>Don&rsquo;t let little financial setbacks throw you off course. Make sure you stay informed about the current market and the neighborhoods you want to be in. Demonstrate that you are serious about buying and are ready to take on the challenges. Don&rsquo;t forget to do your homework including finding a reputable Realtor that will be by your side every step of the way.</p> <p>Remember, buying a home is probably the biggest purchase you will ever make, but it doesn&rsquo;t need to be overwhelming. If you have already saved enough for a conservative down payment and all the other miscellaneous cost outlined above and are staying up to date on the <a href="https://www.hansbrings.com/market-analysis/">real estate market</a> in your desired location, it may be time to contact an experienced agent in your area to begin the process. Finding that first dream home may take some time, but if you follow these <a href="https://www.hansbrings.com/blog/">tips</a> and do your homework you will be on the right track and ready to become a first-time homeowner.</p> Tue, 20 Feb 2018 10:02:26 -0500