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Buying Your Home in Massachusetts

Selling Homes Massachusetts

Buying your home can be a daunting task. My job is to make the process seamless so that you're able to make the best decisions for you in order to find the right home. I work with first-time homebuyers, clients relocating within or from outside of the USA, those trading up within our area, and more!

Sign up or contact me directly to receive more information about buying a home including a complimentary home buyer's packet.

Steps to Purchasing a Home

1. Financial Checks - Credit Score and Pre-approval

Most home buyers need a mortgage loan to purchase a house and lenders use credit scores to determine whether to approve a loan. Obtain a copy of your current credit score to ensure there are no errors or problems. You can access your credit score through one of the three credit reporting companies - Equifax, Experian, or TransUnion. 

You should also meet with a loan officer who will review your credit files and provide you with a pre-approval letter that lets sellers know that banks have determined that you're qualified for a mortgage.

2. Decide What You Want In Your Home

Before you can find a house that is perfect for you and your family, you need to determine what your goals are and what you are looking for in a house. Make a list of benefits and requirements for your new home - make sure to keep pricing, location, size, and condition in mind. This will be helpful as we work together to find your home.

3. Assemble Your Local Team and Find a Home

One of the most important steps to buying a home is to find a trustworthy buying agent to help you find a home and navigate the purchasing process. Working with a local broker is key to a successful journey. I know which streets are busier, which areas are closest to key points in town and most importantly the market values of homes. I enjoy connecting buyers with other clients who can offer a clear prospective on a certain neighborhood.

4. Submit an Offer to Purchase

Once I've helped you find a home and you are ready to make an offer, we perform a comparative market analysis (CMA) so you know the market value of the house you want to purchase. We then submit a written offer to the listing agent who represents the seller with a first deposit check (usually $1,000). Any contingencies such as inspection and mortgage are included in this offer.

5. Home Inspection

Once the initial offer has been accepted, we will find a qualified home inspector to complete a home inspection, which is generally done within 7-10 days of the accepted offer. The inspector determines if there are any physical, mechanical, or safety concerns with the house.

6. Real Estate Attorney and Purchase and Sale Agreemen

When you are satisfied with the home inspection, your real estate attorney will write up the Purchase and Sale Agreement (P&S). Your attorney will make sure there are provisions to protect your interests. The document is usually signed 2 weeks after an accepted offer and contains the closing date and the loan commitment deadline, which is the last day a buyer can withdraw from buying a home without putting the deposits at risk. At this time, a 5% deposit usually accompanies the signing of the P&S.

7. Mortgage Commitment

With a mortgage contingency a buyer typically has between 4-6 weeks to obtain a mortgage commitment. A mortgage commitment letter from a bank usually alerts all parties that the buyer is cleared to close on the home.

8. Closing

The closing is the actual date you take ownership of your new home. This typically occurs 60 days from the accepted offer and involves signing legal documents to ensure that both parties agree to the various payment requirements. Before the closing date you should complete a walkthrough of the house to make sure any repairs that needed to be made were successfully completed and that nothing unexpected has happened to the property. 

You deserve the best!

When searching for a home you can consider me a member of your team. I work closely with all of my clients and walk them through the home buying process step by step in great detail. To get started with the home buying process please sign up or contact me today!

 

Recent Listings in Wellesley & Weston

16 Northgate, Wellesley image
16 Northgate, Wellesley $1,249,500

Presenting a Storybook stone-front Brook Cape sited on a lush 15,000 s.f. fully fenced lot with outdoor living areas and gardens galore! The South facing Entry Foyer lea...

  • 3 Beds
  • 3 Baths
  • 72987734 MLS
Courtesy of William Raveis R.E. & Home Services

Listing courtesy of Kerry Sullivan from William Raveis R.E. & Home Services

32 Hillside Rd, Wellesley image
32 Hillside Rd, Wellesley $1,350,000

Picturesque English Colonial set in a peaceful, sought-after Wellesley Farms neighborhood within walking distance to commuter rail station and Lower Falls shops and resta...

  • 3 Beds
  • 2 Baths
  • 72987558 MLS
Courtesy of Pinnacle Residential

Listing courtesy of Amy Caffrey from Pinnacle Residential

126 Glen Rd, Wellesley image
126 Glen Rd, Wellesley $1,200,000

Opportunity knocks! Attention contractors, builders and do-it yourselfers! This spacious Mid-Century ranch built in1950 awaits your updates or take down and build your dr...

  • 72986835 MLS
Courtesy of Berkshire Hathaway HomeServices Town and Country Real Estate

Listing courtesy of Kathy Kelley from Berkshire Hathaway HomeServices Town and Country Real Estate

100 Linden Street Unit 203, Wellesley image
100 Linden Street Unit 203, Wellesley — Terrazza $1,841,900

Welcome to the new suburban luxury...Terrazza offers spacious, contemporary interiors in the heart of the jewel-box town center of Wellesley, and promises unparalleled so...

  • 2 Beds
  • 3 Baths
  • 72986823 MLS
  • Terrazza Bldg.
Courtesy of Advisors Living - New Developments

Listing courtesy of Janice Dumont from Advisors Living - New Developments

126 Glen Rd, Wellesley image
126 Glen Rd, Wellesley $1,200,000

Opportunity knocks! Attention contractors, builders and do-it yourselfers! This spacious Mid-Century ranch awaits your updates and improvements. Very spacious room sizes,...

  • 4 Beds
  • 3 Baths
  • 72986783 MLS
Courtesy of Berkshire Hathaway HomeServices Town and Country Real Estate

Listing courtesy of Kathy Kelley from Berkshire Hathaway HomeServices Town and Country Real Estate

60 McLean St, Wellesley image
60 McLean St, Wellesley $1,050,000

Welcome to this beautiful 4 bedroom, 2.5 bath Multi Level home available for the first time in 50+ years. Situated on a splendid 17,854 square feet of land. Stylishly upd...

  • 4 Beds
  • 3 Baths
  • 72986424 MLS
Courtesy of Hammond Residential Real Estate

Listing courtesy of Rose Barron from Hammond Residential Real Estate

416 Conant Rd, Weston image
416 Conant Rd, Weston $2,690,000

New Construction. On schedule to be complete mid July.

  • 4 Beds
  • 5 Baths
  • 72986337 MLS
Courtesy of The Greene Realty Group

Listing courtesy of Derek Greene from The Greene Realty Group

4 Elliston Road, Weston image
4 Elliston Road, Weston $2,490,000

Classic Brick Front Colonial with a circular drive on a cul-de-sac. This 5-bedroom home with three car garage offers an oversized kitchen with double islands and sunny br...

  • 5 Beds
  • 5 Baths
  • 72985901 MLS
Courtesy of Compass

Listing courtesy of Chaplin Partners from Compass

16 Dogwood Road, Weston image
16 Dogwood Road, Weston $10,950,000

New Construction, Scandinavian, Organic, Modern Masterpiece. Prime Golf Club location on ended way, privacy gate option. Set on over 2 acres with palatial back yard. This...

  • 5 Beds
  • 9 Baths
  • 72985596 MLS
Courtesy of Compass

Listing courtesy of Chaplin Partners from Compass

65 Crest Rd, Wellesley image
65 Crest Rd, Wellesley $2,799,000

A total renovation of one of Wellesley’s most loved historic homes in coveted College Heights offers stunning architectural details and a thoughtful floorplan around the ...

  • 4 Beds
  • 5 Baths
  • 72985547 MLS
Courtesy of Compass

Listing courtesy of Donahue Maley and Burns Team from Compass

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Wellesley, MA 02481
(617) 306-3642
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