Should I Rent or Buy? First Time Home Buyers – What To Expect As You Start Your Search!

Have you been thinking of switching from renting to buying but not able to fully commit? Unsure as to what you can afford? Not certain now is the right time? That is what we are here for!

If you are a first time home buyer the task of buying a home can be daunting. When you begin the sales process with our team we do a few things up front to get started.

  1. First we will ask you what you *think* you are looking for ranging from # of bedrooms, price, amenities, preferences, neighborhoods etc. We will set you up to receive MLS alerts for all properties that fit your search criteria. This is a great way to familiarize yourself with the market and to get out there and view properties in person! From there your agent will adjust your search to better fit your needs if necessary.
  2. Next your agent will walk you through what a *typical* timeline would look like if you were to buy a property. This will give you a better idea of the various steps that are involved in the home buying process and what can be expected. It will also be an indicator as to when you want to accelerate your search. Every sale is different so there are many factors that can change this but outlining the process helps people visualize what they are embarking on.
  3. If everything so far sounds manageable we will share what is required to actually submit an offer on a property. By being prepared with the items required to submit an offer it ensures you can hit the ground running and not miss out if you stumble upon your dream home early on. It also ensures we are ready to act in a super competitive market. This is where our knowledge and expertise comes in. We will work side by side to prepare a strong offer that we hope will make you stand out from the rest.
  4. Once you have decided you are ready to take the next step to home ownership we can share with you some great resources from attorneys, to mortgage lenders, and much more. If you don’t know where to start or don’t know what you can afford speaking with a mortgage lender is invaluable. They are the experts here! Leader Bank has been a great resource for our clients. Click here for a look inside their loan process.

With current mortgage rates so low it is a great time to start this process for yourself.

Download this Purchase Special from Leader Bank below.

If you are looking to buy your first home please email OR fill out the form on our website.

Our team is here to walk you through every step of the way.

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Presidential Properties is a brick-and-mortar real estate brokerage located in the heart of Boston’s historic Beacon Hill neighborhood. The Presidential Team offers the most time efficient service and knowledgeable representation for anyone seeking to successfully and confidently Sell, Buy, or Rent property. Traditional face-to-face consulting is welcome at our street-side office and in-person property tours are available daily. A virtual real estate experience is also offered including virtual showings with live video tours, signing and submitting paperwork remotely, and the ability to receive and send payments electronically. 14 years of experience, ethics, and execution securing new housing for more than 3,500 customers. The Presidential Team has established loyal clientele by remaining available and accessible before, during, and after Renting an Apartment on a student budget, Renting a larger, renovated Second Apartment after committing to an employment offer, entrusting Presidential to continue Representation as a Buyer’s Agent in providing accurate and authentic insights on the local market value during the two time Rental Customer’s First Home Purchase, to listing, showing, and facilitating the move of a qualified tenant for that condominium First Home Purchase when more space is needed due to a pet adoption, growing family, and/or professional success. The Presidential Team knows Boston, and offers the same vested services with property located in surrounding towns. Our proprietary database includes repeat clients and referrals who are first to know about new Apartment and Sales opportunities when Presidential is engaged by a Landlord and or Seller as the Exclusive Listing Broker due to a decade of sold properties closed at higher numbers than the average price per square foot and lack of vacancy on hundreds of annual apartments listed and leased by The Presidential Team. Those searching for housing from out of state will too receive expertise guidance on how to effectively navigate the market and relocate with confidence. We encourage all to invest in real estate. Purchasing residential rental property can be exciting and rewarding when it is done right. The Presidential Team enjoys the hunt and negotiations necessary to ensure a profitable venture for our new and existing Investor Relationships. We have been a Boston neighbor since 2007 and have direct experience working with many of the buildings in our city on numerous transactions. The decision to list property exclusively is, above all, a considerable mark of confidence and a wise strategic choice with Presidential. We take care of the leasing process from start to finish enabling property owners to invest their time in their areas of specialty while keeping their rental cash flows maximized with well qualified tenants. It is important to note that exclusive is not necessarily synonymous with exclusion. Presidential Properties is managed much differently than the standard Boston real estate company. Instead of agents fighting over customer leads and properties available, we have established a track record of successful collaboration as a Team. Presidential’s Broker and Owner Kristie X. Aussubel personally reviews all application packages and oversees every transaction. Our primary objective is, of course, to present the property to the greatest number of qualified prospects possible. For Investment Owners this is an ideal solution; expansive representation with the simplicity of a sole point of contact. Presidential Properties 17 Myrtle Street, Beacon Hill Experience | Ethics | Execution 14 Years Experience. We Know Boston®

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