Looking for the house that suits your needs best within a budget requires expertise- particularly in the Greater Boston area, which is still considered to be a sellers’ market. Collaborating with your Realtors can help identify properties out there that may be just what you’re looking for!
Here are a few factors to bear in mind when looking for your own gem:
- Do not focus on the top neighborhoods in the desired area
Consider expanding your geographical search. Unless you are only open to buying and living in one specific community, consider expanding your search to include additional communities. Casting a wide net initially can be helpful in figuring out exactly what kind of community you’re looking for, and ultimately narrowing down to where you want to end up.
- Consider Properties that have been on the market for a long period
There is a stigma around houses that have had their fair share of time on the market. However, one of those houses could be perfect for you. We can inquire as to whether or not there is a specific flaw or reason the property continues to sit on the market, but just because a home has been on the market for a few weeks doesn’t necessarily mean it’s flawed.
- Depending upon how motivated the sellers are, you could potentially get a good deal on a home that has been for sale awhile. The opportunity to avoid a multiple offer situation is certainly greater if the home has been sitting on the market for a couple of weeks.
- Location, Location.
The qualities of the neighborhood in which you are looking are important to consider. You want the location to facilitate the overall lifestyle you’re looking for; walkability, access to public transportation, schools, etc.
Finding a gem in real estate might look like a challenge at first, but with rational decisions and a real estate agent helping you through these points, you will get the best property within your budget.