Lorraine Kuney - Franklin, MA, Real Estate, Medway, MA Real Estate.


Buying your dream home may prove to be a long, arduous process. Thankfully, those who prepare for the homebuying journey can limit the risk of encountering hurdles along the way. And as a result, these homebuyers may be better equipped than others to enjoy a fast, seamless property buying experience.

Now, let's take a look at three things you need to know before you launch a home search.

1. The current housing market may favor buyers or sellers.

It generally is a good idea to evaluate the current housing market closely. That way, you can differentiate a buyer's market from a seller's market and map out your homebuying journey accordingly.

A buyer's market typically features a wide range of quality houses that may remain available for several weeks or months after they are listed. Comparatively, a seller's market usually is defined by a shortage of top-notch homes, and houses may be purchased just days after they become available.

Regardless of whether you are operating in a buyer's or seller's market, it helps to refine your home search. If you enter the housing market with homebuying criteria, you can narrow your search for your ideal residence. Then, once you find your dream house, you can act quickly to submit an offer to purchase it.

2. You may want to get pre-approved for a mortgage.

If you get pre-approved for a mortgage, you can begin your house search with a budget in hand. You next can hone your home search to residences that fall within your price range.

To get pre-approved for a mortgage, you should meet with a variety of banks and credit unions. These financial institutions can teach you everything you need to know about fixed- and adjustable-rate mortgages. They also can help you make an informed mortgage selection in no time at all.

3. Having a real estate agent at your side can make a world of difference.

Homebuyers who try to navigate the property buying journey alone may struggle to achieve their desired results. On the other hand, if you hire a real estate agent, you can receive expert assistance as you search for your dream house.

A real estate agent understands what it takes to streamline the homebuying cycle. Thus, if you want to acquire a first-rate house as quickly as possible, a real estate agent can help you do just that. Or, if you want to find a stellar residence that won't force you to break your budget, a real estate agent will make it simple to discover an affordable house that suits you perfectly.

Furthermore, a real estate agent can respond to your homebuying concerns and queries. And if you are ever uncertain about how to proceed along the homebuying journey, a real estate agent is ready to provide tips and recommendations.

Want to enjoy a successful homebuying experience? Start planning for the homebuying journey today, and you can boost the likelihood of achieving the best-possible results.


Ultimately, there is no surefire amount that you should spend on a house. The real estate market varies in cities and towns nationwide, and as such, the prices of houses fall across a broad range. Also, the condition and age of a house – as well as a homebuyer's budget – may dictate how much an individual is willing to spend on a particular residence.

As you search for your dream house, it helps to plan ahead as much as you can. Because if you have a homebuying strategy in place, you can determine exactly how much you can spend to acquire your ideal residence.

Now, let's take a look at three tips to help you get your finances in order before you kick off a house search.

1. Check Your Credit Score

Believe it or not, your credit score may have far-flung effects on your homebuying budget. And if you fail to review your credit score before you embark on a house search, you may miss out on an opportunity to purchase your dream house.

A low credit score may make it tough to get the mortgage you need to acquire your ideal residence. Thus, you may want to check your credit score and find ways to improve it before you begin a house search.

You won't have to break your budget to get a copy of your credit report from the three credit bureaus (Equifax, Experian and TransUnion). In fact, you are entitled to a free copy of your credit report annually from each of the aforementioned credit bureaus. Request a copy of your credit report, and you can learn your credit score.

Of course, if your credit score is low, you can always improve it by paying off outstanding debt. Or, if you find errors on your credit report, contact the credit bureau that provided the report so that you can get these issues corrected.

2. Get Pre-Approved for a Mortgage

Pre-approval for a mortgage makes it easy to enter the housing market with a budget at your disposal. If you meet with a variety of banks and credit unions, you can get pre-approved for a mortgage sooner rather than later.

Remember, banks and credit unions employ friendly, knowledgeable mortgage specialists. Don't hesitate to ask these specialists about assorted mortgage options, and you can select a mortgage that perfectly matches your finances.

3. Consult with a Real Estate Agent

A real estate agent can make it simple to pursue your dream house. This housing market professional will help you narrow the price range for your dream house and ensure you can discover the perfect house without delay. Perhaps most important, a real estate agent is happy to negotiate with a seller's agent on your behalf, ensuring you can get the best price on any home.

Ready to start a home search? Use the aforementioned tips, and you can simultaneously look for your dream house and avoid the risk of paying too much to purchase your dream residence.


Let's face it – there are many risks that you may face during the homebuying journey. From submitting an offer on a house that ultimately proves to be a poor investment to failing to obtain a mortgage due to a bad credit score, there are various issues that may prevent you from achieving your desired results. Lucky for you, we're here to help you focus on the task at hand and eliminate potential risks as you search for your ideal residence.

Now, let's take a look at three tips to help you avoid risks throughout the homebuying journey.

1. Set Realistic Homebuying Expectations

How you search for a home may determine whether you are successful or unsuccessful. For example, if you evaluate houses that fall outside your price range, you may struggle to find a home that you can actually afford. On the other hand, if you establish realistic homebuying expectations from the get-go, you may be able to streamline your house search.

Think about where you want to live and how much you can afford to pay for a home. Also, you should consider home must-haves and wants. With this information at your disposal, you can avoid the risk of missing out on an opportunity to acquire a residence that matches your expectations.

2. Get a Mortgage

Getting pre-approved for a mortgage is pivotal. Because if you obtain a mortgage today, you can enter the housing market with a budget and narrow your house search accordingly. Perhaps most important, a mortgage enables you to avoid the temptation to pursue homes that be priced beyond your budget.

Consult with banks and credit unions, and you can learn about a broad array of mortgage options. Then, you can select a mortgage and kick off your search for your dream residence.

3. Work with a Real Estate Agent

Problems may arise at any point during the homebuying journey. And if you're unsure about how to address these issues, it may be tough for you to acquire your ideal residence. Fortunately, if you hire a real estate agent, you may be able to identify and address homebuying problems before they escalate.

A real estate agent understands the housing market and is happy to share his or her expertise with you. This housing market professional can teach you about the differences between a buyer's and seller's market, help you prepare a homebuying strategy and much more.

Let's not forget about the assistance that a real estate agent can provide as you get ready to submit an offer on your dream home, either. A real estate agent will help you craft a competitive homebuying proposal. Furthermore, he or she will negotiate with a seller's agent on your behalf and do everything possible to ensure you can acquire your dream residence at a budget-friendly price.

Take control of the homebuying journey – use the aforementioned tips, and you can limit risk as you search for your ideal house.


If your initial offer to purchase a home is countered, there is no need to stress. In fact, there are lots of reasons why you should negotiate with a house seller, and these include:

1. You can speed up the homebuying journey.

The homebuying journey may prove to be long and complicated. If you find a house you want to buy, however, there is no need to wait to submit an offer to purchase this home. And if a seller wants to negotiate with you, it may be worthwhile to work with this individual so you can acquire your ideal house.

A homebuying negotiation enables you to try to reach a house purchase agreement with a seller. Plus, if you and a seller cannot come to terms, you can always reenter the housing market and continue to search for another home that matches your expectations.

2. You can find common ground with a home seller.

When it comes to buying a home, it is important to avoid submitting a "lowball" offer to purchase. If a buyer submits a lowball property buying proposal, he or she risks alienating a seller. Worst of all, a seller may be more likely than ever before to reject the buyer's proposal and move forward with other offers to purchase.

Thanks to a homebuying negotiation, you can come to terms on a home purchase agreement that works well for both you and a seller. As a result, both you and a seller will be satisfied with the final terms of a home purchase agreement.

3. You can pay the lowest price for your dream home.

If you feel a seller's initial asking price is too high, negotiating with this individual offers an excellent opportunity to get the best price for your ideal house. And if you open up negotiations with a seller, you could acquire a terrific house at a budget-friendly price.

Of course, it is crucial to consider the seller's perspective during a homebuying negotiation. If you maintain constant communication with a seller, both you and this individual can work together to finalize a home purchase contract.

Negotiating with a home seller may be stressful, regardless of whether you are buying a house for the first time or have purchased residences in the past. Fortunately, if you hire a real estate agent, you can receive expert support as you negotiate a home purchase.

A real estate agent is happy to negotiate with a house seller on your behalf. He or she will keep you up to date throughout a home purchase negotiation. Best of all, a real estate agent will do everything possible to help you purchase your dream house at the lowest price.

For those who want to achieve the optimal results during the homebuying journey, it generally is a good idea to negotiate with a seller. If you are willing to negotiate with a seller, you could acquire your dream home faster than ever before.


If you've conducted an in-depth search for your dream house but still have yet to find your ideal residence, there is no need to worry. In fact, you can revisit your homebuying strategy and revise it as needed. This will allow you to restart your house search and increase the likelihood that you'll discover your dream home sooner rather than later.

Ultimately, there are many reasons to revisit your homebuying strategy, and these include:

1. You can consider why you're searching for a house.

There are many reasons why an individual may choose to buy a home. By revisiting your homebuying strategy, you can think about why you want to purchase a house and proceed accordingly.

For example, if your initial goal was to buy a home near the top schools in a particular city or town, you may want to refocus your house search to achieve the optimal results. Or, if you now find that you'd prefer to own a house in a big city instead of a small town, you can update your house search.

2. You can evaluate your home must-haves and wants.

After attending open house events and home showings, your homebuying criteria may have changed. As such, now may be a good time to revisit your homebuying strategy so you can update these criteria.

Think about things you've liked and disliked as you've viewed various available houses. You can use your open house and home showing experiences to revamp your home must-haves and wants, and as a result, reenter the housing market with a fresh perspective.

3. You can review where you want to live.

As you've searched for homes, you may have found that houses in certain cities and towns are more appealing than other residences. Thus, you can revise your homebuying strategy to focus on residences in your preferred cities and towns. This will help you accelerate your house search and ensure you can find a home in a city or town where you want to live.

Of course, conducting a home search on your own often can be difficult. But if you hire a real estate agent, you can receive plenty of support throughout the homebuying journey.

A real estate agent understands exactly what it takes to find a great residence in any city or town. He or she can help you revamp your homebuying strategy and streamline your house search.

In addition, a real estate agent will set up home showings, keep you up to date about new houses that become available and help you navigate the homebuying cycle. Once you find your dream house, a real estate agent will make it easy to submit a competitive offer to purchase this residence. And if you ever have concerns or questions about purchasing a home, a real estate agent is ready to respond to them.

Revisit your homebuying strategy today, and you could move one step closer to finding and purchasing your ideal residence.




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