Can You Get a Deal on a Boston Home?

Just as we expected, 2016 is shaping up to be a great year for real estate in Boston. If you have been casually browsing the online listings and aren’t quite sure if you should jump in, NOW is a great time! After the real estate market crash, housing prices have finally recovered, according to the Case-Shiller Housing Index. Although that’s good for the economy overall, it can make it difficult to get a great deal when buying a home. So, how can you get the best deal on a Boston home?

1. Find a Good Real Estate Agent. A good agent could mean the difference between a relatively painless and cost-effective home purchase and complete disaster. Don’t go it alone.
2. Find a Great Lender and the Right Mortgage for You. The best lender will have access to grant programs, including first-time homebuyer programs and those for special down payment option.
3. Find the Lowest Interest Rate. Interest rates will depend at least partially on the lender so make sure to shop around for your best option.
4. Ask the Seller to Pay Closing Costs. Instead of asking to lower the purchase price you can negotiate the seller paying fees, such as the closing costs.
   

If you are thinking of buying your first Boston home or moving up to your ultimate dream home, now is a great time to get a sensational rate on your mortgage and therefore reduce your borrowing costs and monthly mortgage payments.
There are so many incredible benefits of homeownership, both financially and personally. If you are considering buying a Boston home, but aren’t sure if homeownership is for you, let me fill you in on all the financial perks to owning! Contact a Boston real estate agent today!

Lucas Garofalo

Keller Williams Realty

(617) 861-3631

Lucas@LucasBostonHomes.com

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