Hammond Residential Real Estate
Michael Rothstein, GRI , Hammond Residential Real EstatePhone: (617) 470-3165
Email: [email protected]

Tag: Buying A Home

Posted on 04/05/2021
Tips for Homebuyers: Make the Most of Your Time and Resources
Let's face it – most homebuyers have limited time and resources at their disposal. As such, it is crucial for buyers to do everything possible to optimize their time and resources throughout the property buying journey. Because if a buyer maximizes his or her time and resources, this individual can boost the likelihood of enjoying a successful homebuying experience....
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Posted on 02/08/2021
Tips for Purchasing a Foreclosure
Photo by Alex D'Alessio on Unsplash Purchasing a foreclosure property is a great opportunity to own a home at an extremely affordable price. While many people successfully buy foreclosed homes and are happy with their decision, before making this large financial commitment, it’s a good idea to understand what you might be walking into—before you buy. Homeowner Left...
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Posted on 01/25/2021
What Home Buyers Should Know About Appraisals
Home appraisals are an important part of the buying and selling process. Lenders use appraisals to make sure that the home is worth what the borrower is paying. A home’s appraisal value is based on a number of factors, all of which we’ll discuss in this post. Whether you’re a buyer, seller, or are just learning about the process...
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Posted on 12/14/2020
A Pre-Qualification Letter Doesn't Equal Being Pre-Approved
Photo by Tayeb Mezahdia via Pixabay When you start looking for your dream home, you need to know how much mortgage you will qualify for. Your real estate agent might ask you to get a pre-qualification letter. However, just because you are pre-qualified doesn’t mean that you will get the loan. You need a pre-approval for that, and...
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Posted on 11/02/2020
3 Reasons to Buy a City Home
If you want to purchase a home, it may be beneficial to check out the residences available in a major city. In fact, there are many reasons to pursue a city house, and these include: 1. You can live near a variety of attractions and landmarks. Most cities provide quick, easy access to attractions and landmarks. And if you...
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Posted on 07/20/2020
Helping Our Elderly Loved Ones Relocate
Photo by Gerd Altmann via Pixabay There comes a time when family members must confront the realities of aging. It’s not uncommon for our parents and grandparents to still be living in properties that once housed multiple family members. The upkeep required for such residencies can place an undue burden on our elders, and downsizing remains a logical...
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Posted on 07/13/2020
How to Master the Homebuying Journey
Believe it or not, even a first-time homebuyer can become a property buying expert. If you plan ahead for the homebuying journey, you can quickly and easily navigate the path from homebuyer to homeowner. Now, let's take a look at three tips to help you master the homebuying journey. 1. Create Homebuying Criteria If you know you want to...
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Posted on 05/11/2020
Things You Need to Consider Before You Attend an Open House
An open house enables a buyer to check out a residence in-person and determine if this home matches or exceeds his or her expectations. However, a buyer who fails to plan ahead for an open house may struggle to make the most of this opportunity. Ultimately, there are several things you need to consider before you attend an open...
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Posted on 01/06/2020
Closing Costs 101: A Breakdown of Home Loan Closing Costs
Closing costs are usually an unavoidable part of buying a home. While there are ways to reduce some closing costs and fees, they are an expense you will likely have to consider when it comes time to save for a home. On average, buyers can expect to pay between 2 and 5 percent of the purchase price in closing...
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Posted on 11/18/2019
Tax Breaks and Deductions for First-Time Buyers
Buying your first home is probably one of the biggest purchases you’ll make in your life. But, it does come with its advantages. Among them are tax breaks and deductions that you can take advantage of to save money if you play your cards right. In today’s post, I’m going to cover some of the tax breaks and deductions...
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Posted on 10/21/2019
Create a Homebuying Blueprint
Buying a house can be simple, particularly for those who craft a blueprint before they embark on the property buying journey. Now, let's take a look at three tips to help you craft an effective homebuying blueprint. 1. Analyze the Housing Market The housing market varies in cities and towns across the United States. However, if you analyze the...
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Posted on 09/02/2019
Is Now a Good Time to Buy a Second Home?
Although you might already own a house, now may prove to be a good time to pursue a second residence. For example, if you have always wanted to own a home in the mountains, you can purchase a second residence to make your dream come true. On the other hand, if you want to own a vacation residence on...
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