Jeffrey Germagian, Era Key Realty Services-Bay State GroupPhone: (508) 395-0778
Email: [email protected]
Email: [email protected]
If you’re interested in purchasing property, you might be wondering, “how long does it take to buy a house?” Home buying is a lengthy process even when everything goes smoothly, and can easily become longer and more complicated with every potential hiccup.
To help you better prepare for the process and save time, here are some key tips for your home purchase:
Obtaining full preapproval from a mortgage lender is essential to a smooth home buying process. Not only does preapproval show you’re highly motivated and qualified to buy a house, it helps you confirm how much you can afford to spend.
To get mortgage preapproval you’ll need to provide info about your assets, bank statements, income and credit history. The mortgage lender can provide a loan estimate within a few days.
A mortgage preapproval letter essentially locks in your financing, given that your financial situation doesn’t change drastically before you actually close on a house. Unless you are buying with a cash offer instead of a mortgage, it’s a good idea to avoid taking out additional loans or other activities that could affect your credit report until the purchase is final.
A real estate agent can make your home search much easier and quicker. Using their unique resources, they can help you find the perfect house in your price range while allowing you to spend time on other important parts of the process.
Real estate agents have access to the local multiple listing service, which often includes listings that aren’t readily viewed by the public. They may also know of upcoming listings not yet on the market.
Hiring a real estate agent to help you buy a house has many advantages, but one of the most significant is saving you time on your house hunting. Once you find a listing you’re interested in, an agent can coordinate with the seller for open houses and next steps for moving forward.
These are only a few of the critical things to keep in mind when planning to buy a new home. The process can be long and complicated, but the more you know about the major steps, the better prepared you will be to handle any potential delays in your home buying timeline.
Dating back to the 1970s when his father put him in charge of the family real estate business, Jeffrey Germagian has built a longstanding portfolio of real estate transactions and developments. Along the way, he has grown the family’s original company, then known as Baystate Realty, to the elite status it represents today as ERA Key Realty Services.
Although we’ve expanded our real estate offerings and our branding has evolved to represent all of the real estate services that we provide, ERA Key Realty, The Baystate Group still holds true to the honest business practices and principles that Jeffrey’s father set out with decades ago.
Jeffrey manages the Baystate Group which specializes in traditional home resales, land development, and 55 communities.
He lives in Hopedale, MA, and serves the local towns in the area including most suburbs of Boston as well as southwest of Boston. He is a Certified Residential Specialist and is fully licensed as a real estate agent to practice throughout the entire state of Massachusetts.
