Groton MA Real Estate Agent, EXIT Assurance Realty


A homebuying budget can make a world of difference, particularly for those who want to streamline a house search. If you have a budget at your disposal, you will know approximately how much you can spend on a residence. Then, you can narrow your house search accordingly.

Establishing a homebuying budget can be simple. Now, let's take a look at three tips to help you do just that.

1. Evaluate Your Finances

Your income and savings can have far-flung effects on your ability to acquire your dream house. If you perform an in-depth review of your finances, you can find out exactly how much money you have available before you launch a house search.

It often is a good idea to consider your long-term finances as you prepare to kick off a house search, too. A house usually is a long-term investment. And if you account for your long-term finances in your homebuying budget, you may be better equipped than ever before to conduct a successful home search.

2. Get Pre-Approved for a Mortgage

Banks and credit unions are happy to teach you about different types of mortgages. Plus, they can help you get pre-approved for a mortgage without delay.

To get pre-approved for a mortgage, you should meet with several banks and credit unions. Of course, if you have mortgage questions, you should address them before you submit a mortgage application. Once you have a mortgage in hand, you can establish a price range for your house search.

3. Examine Your Potential Closing Costs

Attorney fees, house inspection expenses and other closing costs may surprise some homebuyers. Yet if you understand your potential closing costs, you can plan ahead for these expenses.

Closing costs generally range between 2 percent and 5 percent of a house's purchase price. They also may be incorporated into the overall cost of a house. However, if you evaluate potential closing costs early in the homebuying journey, you can account for these expenses in your property buying budget.

As you get ready to launch a house search, you may want to hire a real estate agent, too. This housing market professional understands what it takes to find and acquire a terrific home at a budget-friendly price. Therefore, he or she will do everything possible to help you accomplish your homebuying goals as quickly as possible.

If you want to purchase a house close to your office in the city, for instance, a real estate agent will offer tips and recommendations to help you find a first-rate house in or near the city itself. On the other hand, if you aspire to own a home that boasts multiple bedrooms, a real estate agent will help you hone your house search to residences that fall in line with your expectations.

Ready to launch a successful home search? Thanks to the aforementioned tips, you can prepare an effective homebuying budget. As a result, you could speed up your quest to discover and purchase your dream house.



92 Farmers Row, Groton, MA 01450

Rental

$2,250
Price

4
Rooms
2
Beds
1
Baths
FOR-RENT in GROTON, MA – NOW AVAILABLE – MAGNIFICENT SUNSETS! Charming and Private 2 Bedroom, Detached Single Family Home, Near Groton Center! Walking Distance to all Town Center Shops, Eateries. Walking Distance to Schools and Library. IDEAL Location! All Hardwood Floors, Beautifully Finished. FIREPLACE (limited use). Very Efficient Natural Gas Heating. Does NOT Include Washer and Dryer. Very Dry Basement for Lots of Storage Space. FIOS TV and Internet Available. Pets are Negotiable.
Open House
No scheduled Open Houses

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This Multi-Family in Fitchburg, MA recently sold for $217,000. This style home was sold by Office Groton - EXIT Assurance Realty.


162 Daniels Street, Fitchburg, MA 01420

Multi-Family

$255,900
Price
$217,000
Sale Price

4
Units
2,888
Approx. GLA
OPPORTUNITY HERE! MIXED USE Commercial & residential building, 3 apartments (1 VACANT), 1 shop (barber & hair dresser combo) BUSINESS NOT FOR SALE.....JUST SELLING THE BUILDING. TWO (2) one BR apts, 1 retail/ commercial shop, One (1) two BR apt,PLENTY OF OFF STREET & on street parking, 5 gas meters, TENANTS PAY THEIR OWN UTILITIES, , circuit breakers and updated smoke detector system, PERFECT AREA FOR starting your business and rental income from apartments, the shop would be great for hair, barber, convenience store, laundromat, office, CPA & more! Owner has replaced most windows and the front porch (1st floor apt) windows have just been replaced. First floor apartment has a washer dryer hook up off the enclosed porch, Rent on 1 BR apartment is not fair market rent (related to owner). Hair salon equipment can convey if buyer wants the equipment. PLENTY OF OFF STREET PARKING, owner pays water...one water meter. Long time owner who has maintained the building.

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Before you sell your home, you may wonder if there are any areas that you can improve on before putting the home on the market. Kitchen renovations have one of the highest return values of any changes that you make to your home. It’s worth investigating what areas of the room could use some improving. Some of these upgrades don’t even require you to start a construction project.


Clear Off The Counters


You don’t even have to replace the countertops to add some value to your home. Making it appear as if your counters have the maximum amount of space before you show the home can really impress potential buyers Simply clear your counter, clean it, and make any small repairs that you notice may need to be done. If you have time and the budget, you can always replace tired old countertops. Simply showing that your counters have more room can really make a big difference.  


Add A Backsplash 


You can add a backsplash or update your existing one in order to breathe some life into your kitchen. Make sure that the tiles you choose coordinate with the theme of the kitchen. This is purely cosmetic but a kitchen with a fresh backsplash sells much faster than a tired, worn looking kitchen backslash, or even a kitchen without a backsplash at all.


Add Some Technology To The Kitchen


Buyers like simplicity and convenience in their potential homes. Consider adding some technology to the kitchen like USB outlets and smart appliances. If you can save a buyer from needing to upgrade their appliances and meet their 21st century needs at the same time, your home will be a very attractive sell. There are few things more enticing to buyers than brand spanking new appliances in the kitchen! These updates will surely add value to your home before you sell.   


The Floor 


While floors offer the least return for your investment, buyers don’t like looking at old, dirty floors! Take the time to clean up your floor and replace it if needed. It’s not a difficult do-it-yourself project and can really make your kitchen look more attractive.       


Clean The Cabinets


Buyers are very into looking at every nook of the home they may potentially buy. That means if you have nice looking cabinets, you can have a leg up as a seller. Whether you need to clean and stain the wood on your cabinets, add a fresh coat of paint, or do a larger project and replace the cabinets altogether, there are plenty of ways that you can give your cabinets a fresh look, drawing attention to this part of the room. Be sure that whatever you do to your cabinets will bode well with the style of the kitchen.  



145 Main Street, Groton, MA 01450

Commercial

$700
Price

1
Buildings
Office
Type of Comm.
Great Location!! Downtown Groton, Main Street (Route 119). Basement unit with rear outdoor access. Centrally located to food and shops. Across and slightly down from the newly opened Groton Inn and Forge and Vine restaurant. Located in the Prescott School. Various sized units available. Utilities included. POTENTIAL Rent Credit in Lieu of Tenant Remodeling.
Open House
No scheduled Open Houses

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