Posted by Pamela Crawford on 3/17/2019

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.




Categories: Uncategorized  


Posted by Pamela Crawford on 3/10/2019

Buying a home tops your long-range goals list, but are you ready? As a first-time buyer, you have loads of questions and concerns. After all, a home loan is an obligation for years into the future. You want to make savvy decisions and be comfortable that you’ve negotiated the best deal. On top of that, learning all about credit scores, how to pre-qualify and the difference between pre-qualification and pre-approval. And what are options and closing costs?

Fannie Mae, the Federal National Mortgage Association (FNMA) government-sponsored enterprise (GSE) that serves the mortgage industry, knows what you need to know about buying a house. They’ve put together a course for new homebuyers called HomePath Ready Buyer Education Program.

Enroll now

The online course lets you attend from the comfort of your sofa. After completion, a “graduate” may qualify for assistance up to three percent of the closing cost of purchasing a qualified HomePath property. You won’t end up with an education loan either. Tuition is just $75, and Fannie Mae says it could even reimburse your tuition during closing on your new home. Now that’s a deal!

What you learn

Because the course design has new buyers in mind, you’ll learn to determine how much you can afford to buy and ways to figure out what home is best for you. Making the deal and learning about down-payment options will get you on your way. Finally, you’ll learn to avoid the pitfalls, and all the navigate the paperwork required to close the deal.

How long does it take?

The entire course is nine 30-minute sessions, so along with the quiz at the end (no final exam though), the total class takes about four to five hours. Designed to be intuitive and self-directed, you can work your way through the course over a few evenings, on your lunch hour, or even during your morning commute (provided you’re not the driver, of course!).

How you benefit

In addition to the three percent closing cost assistance and tuition reimbursement, your Certificate of Completion may qualify you up to take advantage of the First Look program. By giving first-time homeowners an exclusive "first look" at newly-listed foreclosed properties, this innovative program serves new home seekers and promotes neighborhood stabilization.

Fannie Mae relies on real estate professionals to follow through on the home-buying process. For more information, express your interest in the HomePath program to your real estate professional.





Posted by Pamela Crawford on 3/9/2019

This Single-Family in Oxford, MA recently sold for $509,000. This Colonial style home was sold by Pamela Crawford - RE/MAX Professional Associates.


60 Hudson Rd, Oxford, MA 01540

Single-Family

$549,900
Price
$509,000
Sale Price

9
Rooms
3
Beds
2
Baths
A once in a lifetime opportunity. OVER 80 Acres of land....Own your very own piece of history. Oldest home in Oxford with just under 4000 square feet. It is believed the king of England had a hand in building this unique and wonderful home. Beautifully updated and maintained throughout the years. Fully applianced, Eat in kitchen, Dining room with stunning walk-in cooking fireplace. Formal living room, bright and light boast another fireplace, this room would make a lovely first floor master if desired. First floor office, Slate entry, The Great room must be seen...original beams and four sets of french doors leading to over sized deck with marvelous views of your very own pond! The pond has incredible fishing and provides stunning views during every season. Beautiful barn with four stalls and room for more, paddock, fruit trees, a slice of heaven on earth. Bring your horses and your canoe...you will never want to leave.






Categories: Sold Homes  


Posted by Pamela Crawford on 3/8/2019

This Single-Family in Charlton, MA recently sold for $165,000. This Ranch style home was sold by Pamela Crawford - RE/MAX Professional Associates.


33 Bay Path Road, Charlton, MA 01507

Richardsons Corner

Single-Family

$169,950
Price
$165,000
Sale Price

5
Rooms
3
Beds
1
Baths
Not only do you have peace and quiet of country living but you are just seconds from major RTE 20. This home is set back from the road. It has a detached garage and plenty of parking. Inside you'll find a contemporary flair with open floor plan and vaulted ceilings. The picture windows bring the airy feel of the outdoors inside. There is a porch off the back which needs to be finished and a deck off the kitchen. All this is available for the right buyer who loves nature but hates to be miles from amenities! Title V is public record and last done in 2010 and available through your agent or the Charlton Board Of Health and direct questions to a professional since no additional information is available.

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Categories: Sold Homes  


Posted by Pamela Crawford on 3/6/2019

This Single-Family in Worcester, MA recently sold for $270,000. This Colonial style home was sold by Pamela Crawford - RE/MAX Professional Associates.


20 Lilac Ln, Worcester, MA 01607

Single-Family

$239,000
Price
$270,000
Sale Price

6
Rooms
3
Beds
2/1
Full/Half Baths
So much potential with this 3 bedroom town house style single family attached home in great location. First floor features a large large cabinet packed kitchen with granite counters, custom tile back splash, center island and very large dining area, all open to very large living room with wood floors and fireplace, and also nice 1/2 bath. Second floor features large master bedroom with full private master bath, 2 more spacious bedrooms and another full bath. Basement is a nice finished family room/ media room. 1 car garage under with 2 to 4 more off street parking spaces. Enjoy sitting on your own private deck overlooking your charming back yard. This unit is close to the Auburn line with easy access to 290, rt 90 (MassPike) and 395.

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Categories: Sold Homes