Posted by Mary-Lou McDonough on 11/20/2017

If you plan to buy a home in the upcoming days, weeks or months, it often pays to learn about the real estate market. By doing so, you can understand various best practices for purchasing a house and streamline the homebuying process.

Ultimately, there are several best practices for buying a house, and these include:

1. Become a Homebuying Expert

What differentiates a buyer's market from a seller's market? How do you submit an offer on a house? And what should you expect during a home inspection? These are just some of the questions that you'll need to consider to become a homebuying expert.

As a homebuying expert, you'll be better equipped than others to plan a successful homebuying journey.

Typically, a homebuying expert asks lots of questions and devotes the necessary time and resources to learn about the housing market. This individual also is open to expert homebuying advice and recommendations and will do whatever it takes to discover the right house, at the right price, regardless of the real estate market's conditions.

2. Get a Home Loan

For those who plan to buy a house, it helps to save money in advance. That way, you can shop for a house and have sufficient funds available for a sizable down payment.

Furthermore, you should start searching for a home loan as soon as possible. Because the sooner that you secure a home loan, the sooner that you can kick off a home search with a budget in hand.

To obtain a home loan, you should meet with several banks and credit unions. These lenders will evaluate your credit history, income and other financial factors and make a home loan offer.

After you accept a home loan offer, you can officially start your home search. And if you find a home that you'd like to buy, you can submit an offer without having to scramble to get a home loan at the last possible moment.

3. Collaborate with a Real Estate Agent

When it comes to buying a home, hiring a real estate agent is essential. In fact, a real estate agent will provide plenty of support throughout the homebuying journey, ensuring that you can discover your dream house without delay.

A real estate agent first will learn about your homebuying goals. Then, this housing market professional can help you narrow your home search.

In addition, a real estate agent will set up home showings, submit home offers on your behalf and keep you up to date on homebuying negotiations. Perhaps best of all, if you ever have homebuying concerns or questions, a real estate agent is happy to respond to them at any time.

Buying a home can be a quick, seamless process, particularly for those who work with a real estate agent. Reach out to a local real estate agent today, and you can move one step closer to making your homeownership dreams come true.




Categories: Uncategorized  


Posted by Mary-Lou McDonough on 11/17/2017

This Single-Family in Arlington, MA recently sold for $650,325. This Colonial style home was sold by Mary-Lou McDonough - Barrett Sotheby's International Realty.


29 Sagamore Road, Arlington, MA 02476

Single-Family

$639,000
Price
$650,325
Sale Price

7
Rooms
3
Beds
1/1
Full/Half Baths
Welcome to this beautifully maintained Colonial in the conveniently located Arlmont Village neighborhood. The first level of this enchanting property features an inviting living room where you'll enjoy a fireplace, a spacious dining room, a light and airy kitchen with newer dishwasher, refrigerator and microwave, and a lovely refurbished half bath. The second level offers 3 bedrooms - 1 with a double closet, 1 with a large single closet, and the third with charming French doors. A refurbished full bath completes the second level. The large lot, surrounded by gorgeous gardens and mature plantings, provides plenty of space for yard games or a play structure, and even has a white picket fence to complete the package. Enjoy the seasons from the lovely rear deck with access from the kitchen. Lots of smart updates have been completed by the current owners including a new roof in 2016. Excellent commuter location with the convenience of public transportation to Alewife just steps away.

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Categories: Sold Homes  


Posted by Mary-Lou McDonough on 11/13/2017

If you live in an older home or neighborhood thereís a good chance your house holds a rich history within. Aside from talking with the previous owners, most people donít look much further into the stories their house might have.

If youíre curious about your family history there are resources available so you can find long lost relatives and discover where your family lived over the years. Most people donít think to do the same research for their home, even though they might spend years in it.

?Why should I research the history of my home? 

There are many reasons why someone might want to learn more about the history of their home. The main reason is because itís fun and interesting. Your search will bring you to places youíve likely never been before, whether itís federal records on the internet, or to dusty microfilm archives in your basement.

Aside from the fun of researching, your work could also bring to light useful information. You might be able to add to resale value by discovering additional details about the home. Similarly, if you come across old photos of the home you could attempt to restore some architectural and design details to their original form. Whether you do this to stay true to the roots of your home or to attempt to add value is up to you.

Where should I begin?

Like most research projects, the internet is probably your best place to start. To learn more about the property your home sits on you could search the National Archives land records. These records detail when a piece of land was transferred from the U.S. government to private ownership. In other words, you might be able to find information about the first person to ever own your home.

A good place to head from there is to run a title search on your property. You will most likely need to visit the town clerk or your local courthouse to access titles. This will paint a fuller picture of who the people who owned your home were.

Now that you know who, learning about the home itself will be much easier. There are several genealogy sites online (some free, others paid) which will help you learn about the previous inhabitants of your home. Feel free to Google their names, especially if they were a public figure. You might even find photos of your home.

What to do if you canít find any information

Just because you canít find any photos or details online doesnít mean they donít exist. You might need to reach out to relatives of previous owners to find out more information. 

Another option is your local library. Not only do libraries have a local history section complete with town records, but the librarians are also trained researchers who will be able to help you navigate the stacks. You could discover books containing details like population, town meeting notes, and new ordinances, including building codes.

Once youíve learned a bit about the history of your home, see if you can spot the changes that have been made to it over the years.




Tags: home history   home   history   research  
Categories: Uncategorized  


Posted by Mary-Lou McDonough on 11/6/2017

There is always an undeniable appeal to move into a brand new home. After all, there shouldnít be any problems with a new construction home, right? While shiny new appliances and brand new flooring can be appealing, there are many advantages to buying an older home.


The Price


It may seem obvious, but older homes are less expensive than newer homes. You might be able to get a bit more for your money if you decide to buy an older home. 


Construction Quality


Older homes tend to have a bit better quality in their construction. Some aspects of older construction homes cannot even be reproduced with all of the technology that we have in the present day. Itís often true that ďthey donít build homes like they used to.Ē Certain building materials of the past are actually more sturdy than the materials that are used in the present day. Older homes have stood the test of time for a reason! 


The Location Is An Established Neighborhood


If youíre not looking to move into an up and coming neighborhood, you could be better off buying an older construction home. Youíll know that a neighborhood has already been established and that people have enjoyed living in the area for years before you got there when you find an older home to purchase. In finding a neighborhood, youíll look at the important factors like the school district, the walkability of the area and the crime rate. Older homes tend to be in more stable areas. Keep that in mind. 


Older Homes Have More Personality


Sure, you could move into a street with new construction and be happy there. Yet, if you move into an older home, you will find a lot of advantages. The landscaping may be more well-established, allowing you to find your favorite features on the outside of the home right when you move in. In a new home, it could take years to establish the same type of curb appeal that youíll get from moving into an older home.    

 

Thereís More Space In An Older Home


An older home may afford you much more yard space and overall square footage. As the world gets more and more developed, space runs short. Older homes were constructed at times when space was at a maximum. These homes were built on larger lots, giving homeowners the advantage of more space. 


While you may think that buying a new construction home is the way to go, older homes offer many different things that newer construction homes just canít bring to the table. Broaden your search and look for older homes, you could be very surprised!   






Posted by Mary-Lou McDonough on 10/31/2017

This Condo in Hudson, MA recently sold for $209,000. This Garden style home was sold by Mary-Lou McDonough - Barrett Sotheby's International Realty.


425 Main Street, Hudson, MA 01749

Condo

$220,000
Price
$209,000
Sale Price

5
Rooms
2
Beds
2
Baths
Welcome to Whispering Pines! This beautiful 2nd fl open concept home boasts vaulted ceilings throughout. Stunning new kitchen w/beautiful cherry stained cabinets, granite counter tops, gleaming glass tile backsplash, SS appliances & laminate floor with deck access through a new storm door. Sun splashed spacious bedrooms are perfect for any décor. Master w/slider to deck & full bath. Convenient in unit laundry. Winter months are no worry. You'll be parking in the oversized 1 car garage under. Enjoy all Hudson has to offer! Miles of Rail Trail for jogging, biking or walking is just steps away. Foodie? Award winning restaurants, coffee, pastry, ice cream, brewery, martini bar and lovely boutiques all within walking distance and located in Hudson's quaint downtown area. New shopping plazas featuring supermarkets, home improvement, fitness facility, clothing stores and much more are just minutes away! Close to Centennial beach, Skate and Splash Park and more. HW access to Rts. 495 290.

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Tags: Real Estate   condo   Hudson   01749  
Categories: Sold Homes