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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

47 Audubon Rd, Wellesley image
47 Audubon Rd, Wellesley $2,295,000

Built in 1938, this timeless brick-front colonial boasts 12 rooms, 5 bedrooms, 4.5 baths, and is nestled atop a beautifully maintained yard in the Cliff Estates. With a c...

  • 5 Beds
  • 5 Baths
  • 73166674 MLS
Courtesy of Coldwell Banker Realty - Wellesley

Listing courtesy of Listing Agent: The Madden David Real Estate Group from Listing Office: Coldwell Banker Realty - Wellesley.

3 Dexter Rd, Wellesley image
3 Dexter Rd, Wellesley $1,799,900

Welcome to 3 Dexter Road, a meticulously maintained and updated Arts and Crafts Style Home in the Hunnewell School District of Wellesley. This 3 bedroom, 2 full and 2 hal...

  • 3 Beds
  • 4 Baths
  • 73166259 MLS
Courtesy of Compass

Listing courtesy of Listing Agent: Christos Psilakis from Listing Office: Compass.

17 Ravine Rd, Wellesley image
17 Ravine Rd, Wellesley $3,995,000

Rare opportunity to have it all in this much admired jewel that has been renovated to perfection in the heart of Wellesley Farms. Accented with expansive proportions and...

  • 5 Beds
  • 5 Baths
  • 73165043 MLS
Courtesy of Compass

Listing courtesy of Listing Agent: Donahue Maley and Burns Team from Listing Office: Compass.

29 Pine Summit Cir Unit 29, Weston image
29 Pine Summit Cir Unit 29, Weston $3,400,000

Highland Meadows is a prestigious townhouse development for 55+ residents. Exceptionally situated with a beautiful vista of rolling meadows and conservation land. The de...

  • 3 Beds
  • 4 Baths
  • 73165032 MLS
Courtesy of Gibson Sotheby's International Realty

Listing courtesy of Listing Agent: Mizner + Montero from Listing Office: Gibson Sotheby's International Realty.

167 Kings Grant, Weston image
167 Kings Grant, Weston $2,999,000

Exquisite four level colonial w/the perfect blend of privacy & modern comfort. This home is sited on 1.4+ serene, manicure acres. First level offers open floor plan w/gra...

  • 5 Beds
  • 7 Baths
  • 73164851 MLS
Courtesy of Advisors Living - Weston

Listing courtesy of Listing Agent: Deena Powell from Listing Office: Advisors Living - Weston.

59 Shady Hill Road, Weston image
59 Shady Hill Road, Weston $4,195,000

New home! Amazing five-bedroom home on more than one acre in fabulous south side location w/ inviting porch & more than 7200 square feet of living space. Incredible first...

  • 5 Beds
  • 7 Baths
  • 73164727 MLS
Courtesy of Coldwell Banker Realty - Wellesley

Listing courtesy of Listing Agent: Melissa Dailey from Listing Office: Coldwell Banker Realty - Wellesley.

17 Fields Pond Road, Weston image
17 Fields Pond Road, Weston $1,825,000

Exceptional four bedroom colonial privately sited on 1.4 mature and manicured acres. A welcoming foyer leads to a bright and beautifully scaled formal living room with a ...

  • 4 Beds
  • 3 Baths
  • 73164503 MLS
Courtesy of Advisors Living - Weston

Listing courtesy of Listing Agent: Deena Powell from Listing Office: Advisors Living - Weston.

101 Kings Grant Rd, Weston image
101 Kings Grant Rd, Weston $6,495,000

Perched atop a serene cul-de-sac, 101 Kings Grant is meticulously designed to organically integrate a private, natural oasis with modernity. On the first level, enjoy eff...

  • 6 Beds
  • 9 Baths
  • 73163549 MLS
Courtesy of ACRE Property Advisors LLC

Listing courtesy of Listing Agent: Jonathan Caldwell from Listing Office: ACRE Property Advisors LLC.

15 Lathrop Rd, Wellesley image
15 Lathrop Rd, Wellesley $2,688,000

An unique opportunity to build your dream house on almost an acre of a beautiful land in Wellesley. Close to town and in Dana Hall neighborhood. The property sold AS...

  • 73163127 MLS
Courtesy of Coldwell Banker Realty - Wellesley

Listing courtesy of Listing Agent: Fabiola Perry from Listing Office: Coldwell Banker Realty - Wellesley.

34 Hilltop Road, Weston image
34 Hilltop Road, Weston $1,999,000

Custom 4-bedroom Contemporary offers one floor living, convenience, and privacy on 1.64 acres of land. Open floor plan, tasteful front entry, formal great room with firep...

  • 4 Beds
  • 4 Baths
  • 73162815 MLS
Courtesy of Compass

Listing courtesy of Listing Agent: Chaplin Partners from Listing Office: 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 02482
(617) 306-3642
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