Gold Key Realty LLC | Norwell, MA Real Estate, Hanover, MA Real Estate



92 Orchard, Medford, MA 02155

Tufts University

Rental

$1,900
Price

5
Rooms
2
Beds
1
Baths
Available now: Beautiful sunny and spacious 2 bed with modern kitchen and new appliances. Plenty of cabinet and counter space with new replacement windows, newer hardwood floors and modern bath in a well maintained house with a lovely yard in a quiet neighborhood. 5 min to MBTA trains/buses (green line coming) close to route 93/2/16 and plenty of shopping, restaurants, and bars. Located very close to Tufts University. Close to Davis and Porter Squares. Electricity is included in rent at no additional charge! Full month fee due from tenant.
Open House
Saturday
December 14 at 5:00 PM to 6:00 PM
Cannot make the Open Houses?
Location: 92 Orchard, Medford, MA 02155    Get Directions

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As a homebuyer, it is important to set high expectations. At the same time, a homebuyer must act reasonably, or he or she risks missing out on a golden opportunity to acquire the perfect residence.

Ultimately, becoming a reasonable homebuyer can be quick and easy – here are three tips to help you do just that.

1. Establish Realistic Expectations for the Homebuying Journey

The homebuying journey sometimes can take weeks or months to complete, and a homebuyer should plan accordingly. By doing so, a homebuyer can prepare for any potential homebuying pitfalls.

For example, a homebuyer may submit an offer on a home and receive a "Yes" from a home seller. But if a home inspector discovers myriad problems with a residence, a homebuyer may need to walk away from the house and restart the homebuying journey.

In the aforementioned scenario, a homebuyer may become frustrated and annoyed, and for good reason. Conversely, if a homebuyer understands the challenges associated with buying a house, he or she can plan for the best- and worst-case scenarios.

2. Search for Homes That Fall Within Your Price Range

Have you established a budget for your home search? If not, you may wind up focusing on houses that you won't be able to afford.

Get pre-approved for a home loan – you'll be glad you did. With a home loan in hand, you can enter the real estate market with a homebuying budget. Then, you'll be able to narrow your home search to houses that fall within your price range, thereby speeding up your search for the ideal residence.

It won't take long to get pre-approved for a home loan, either. In fact, if you meet with local banks and credit unions, you can instantly learn about a variety of home loan options.

3. Collaborate with a Real Estate Agent

Although you know that you want to buy a house, you have no idea what to expect during the homebuying journey. Fortunately, if you hire a real estate agent, you can learn what it takes to stay calm, cool and collected as you search for a house.

A real estate agent is a housing market expert who takes pride in his or her work. As such, a real estate agent will be available to respond to your homebuying concerns and questions, ensuring that you can make an informed home purchase.

Perhaps best of all, a real estate agent will go above and beyond the call of duty to eliminate homebuying hurdles.

For instance, a real estate agent is happy to negotiate with a seller's agent on your behalf, guaranteeing that you can avoid the stress of negotiating a home price. Or, if you need help finding a qualified home inspector, real estate attorney or other local professionals, your real estate agent can provide honest, unbiased recommendations.

Be reasonable as you kick off your search for your dream residence. That way, you can seamlessly navigate the homebuying journey and improve your chances of acquiring a house that matches or exceeds your expectations.



92 Orchard, Medford, MA 02155

Tufts University

Rental

$1,900
Price

5
Rooms
2
Beds
1
Baths
Available now: Beautiful sunny and spacious 2 bed with modern kitchen and new appliances. Plenty of cabinet and counter space with new replacement windows, newer hardwood floors and modern bath in a well maintained house with a lovely yard in a quiet neighborhood. 5 min to MBTA trains/buses (green line coming) close to route 93/2/16 and plenty of shopping, restaurants, and bars. Located very close to Tufts University. Close to Davis and Porter Squares. Electricity is included in rent at no additional charge! Full month fee due from tenant.
Open House
No scheduled Open Houses

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This Single-Family in Marshfield, MA recently sold for $410,000. This Raised Ranch style home was sold by Office Norwell - Gold Key Realty LLC.


21 Flaggler Drive, Marshfield, MA 02050

Single-Family

$415,900
Price
$410,000
Sale Price

7
Rooms
3
Beds
2
Baths
WOW! LOCATION, LOCATION, LOCATION! TITLE 5 IN HAND! Beautiful & updated 3 Bedroom Raised Ranch in move in condition! Move right in to this bright and sunny ~ almost totally remodeled home in time for Thanksgiving! Newer renovated kitchen with generous cabinet space and Stainless Steel appliances. Open to the dining area and the private back yard deck. Fenced back yard provides privacy and lots of nature abounds! Hard wood throughout the upper level. The open floor plan is great for entertaining or just enjoying family time. Lower level has a generously sized family room and a full bath. Lower level bed room is perfect for guests or a teen suite or a crafts room you decide! Utility room with washer & dryer hookup. Wait there's more...newer roof, updated electric to 200 amps, new water heater and lots of neutral colored fresh paint! WOW!

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Shopping for a home is a long, arduous process. When you finally find one that you love, think you can afford, and spend the time to formulate an offer, it can be crushing when your offer is rejected.

However, getting rejected is simply part of the process. If you’ve ever applied to college, you might be familiar with this process. You send out applications that you poured your heart and soul into. Sometimes to get accepted, other times you don’t.

Making an offer on a home comes with one big advantage over those college applications, however--the opportunity to negotiate. As long as the house is still on the market after your offer is rejected, you’re still in the game.

In this article, we’re going to talk you through what to do when your offer is rejected so you can reformulate your plan and make the best decision as to moving forward.

1. Don’t sweat it

One of the most common fallacies we fall into as humans is to think the outcome is worse than it really is. First, remember that there are most likely other houses out there that are as good if not better than the one you are bidding on, even if they’re not for sale at this moment.

Next, consider the rejection as simply part of the negotiation process. Most people are turned off by rejection. However, you can learn a lot when a seller says no. In many cases, you can take what you learned and return to the drawing board to come up with a better offer.

Don’t spend too much time scrutinizing the seller’s decision. Ninety-nine percent of the time their decision isn’t personal. You simply haven’t met the pricing or contractual requirements that they and their agent have decided on.

2. Reconsider your offer

Now it’s time to start thinking about a second offer. If the seller didn’t respond with a counteroffer it can mean one of two things. First, they might be considering other buyers who have gotten closer to their requirements. Alternatively, your offer may have been too low or have had too many contingencies for them to consider.

Regardless, a flat-out rejection usually means changes need to be made before following up.

3. Making a new offer

This is your chance to take what you learned and apply it to your new offer. Make sure you meet the following prerequisites before sending out your next offer:

  • Double check your financing. Understand your spending limits, both on paper and in terms of what you’re comfortable spending.

  • Check comparable houses. If houses in the neighborhood are selling for more than they were when the house was previously listed, the seller might be compensating for that change.

  • Make sure you’re pre-approved. Your offer will be taken more seriously if you have the bank’s approval.

  • Remove unnecessary contingencies. It’s a seller’s market. Having a complicated contract will make sellers less likely to consider your offer.

4. Move on with confidence

Sometimes you just can’t make it up to the seller’s price point. Other times the seller just can’t come to terms with a reasonable price for their home. Regardless, don’t waste too much time negotiating and renegotiating. Take what you learned from this experience and use it toward the next house negotiation--it will be here sooner than you think!




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