Monday, July 2, 2012

Choosing the best Greater Boston Area home for you

You've decided to purchase a Greater Boston Area home.  Fantastic!  Now is the best time to lay out, in detail, exactly what you are looking for in a home.  Going about your home search this way will make the home buying process operate more smoothly.  It also saves you a lot of time and effort by helping you know where to focus your search so you don't unnecessarily research or visit homes that don't fit your criteria.  Here are tips on how to guide your Greater Boston Area home search:

Determine your price range
This is important.  You don't want to buy a home that puts a big strain on your finances.  You want a home that you can pay for comfortably without sacrificing your ability to pay other bills and continue to save money.  Look at your budget and figure out how much you can afford to pay now and how much you can pay each month.  From there, subtract the average monthly cost of property taxes and home repairs.  Finally, use a mortgage calculator.  Input your down payment amount and

Choose the type of home that will fit you
Are you a young professional who doesn't spend much time at home and wants to live where the action is?  Then maybe a condo is a good choice for you.  If you want to plant a garden in your yard, however, a single family home will better suit you.

Narrow down your top locations
Do you drive to work or take public transportation?  Do you need to live within a specific radius of a certain train line or highway?  If so, determine the acceptable boundaries based on your commute needs and do not look at listings outside of those boundaries.  Do you have or plan on having children?  Do you know where you want them to go to school?  This can also help you narrow town which neighborhood or town in which you're willing to live.

Lay out some details--but not too many
Settle how many bedrooms you need and other important details.  If you're very into cooking a baking--a tiny kitchen isn't going to cut it.  That said, do not go overboard.  Keep in mind that many things can be changed.  If you dream of a house with a large, fenced-in yard, don't turn down the perfect place just because it's missing a fence!

Hopefully these tips help get you started on your Greater Boston Area home search.  If you have any further questions about home buying, or want to enlist my professional help, do not hesitate to contact me.


Michael Feldman
Keller Williams Realty-Boston Metro



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