The Kim Perrotti Team - Melrose MA Real Estate North Show Home Show

4 Tips for Effectively Making an Offer

4 tips for effectively making an offerSo, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!

Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration:

Read More »

Buying a Home? Do You Know the Lingo?

buying a home do you know the lingoBuying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home.

Freddie Mac has compiled a more exhaustive glossary of terms in their “My Home” section of their website.

Annual Percentage Rate (APR) – This is a broader measure of your cost for borrowing money. The APR includes the interest rate, points, broker fees and certain other credit charges a borrower is required to pay. Because these costs are rolled in, the APR is usually higher than your interest rate.

Read More »

Buying this Spring? Be Prepared for Bidding Wars

be prepared for bidding warsTraditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different!

Read More »

Homeownership Offers Stability & Wealth Creation

homeownership offers stability and wealth creationThe most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:

Read More »

5 Myths About Real Estate Reality TV Explained

5 myths about real estate realty tv explainedHave you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Property Brothers,” and so many more, just in one sitting.

Read More »

Is This the Year to Move Up to Your Dream Home? If so, do it early

is this the year to move up to your dream home

It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys:

Read More »

4 Reasons to Buy Your Dream Home This Winter

4 Reasons to Buy Your Dream Home This WinterAs the temperature in many areas of the country starts to cool down, you might think that the housing market will do the same. This couldn’t be further from the truth! Here are 4 reasons you should consider buying your dream home this winter instead of waiting for spring!

Read More »

5 Reasons Why Homeownership Is a Good Financial Investment

5 reasons why homeownership is a good financial investmentAccording to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.7%.” That may have some thinking about buying a home instead of signing another lease extension. But, does that make sense from a financial perspective?

Read More »

Taking the Fear out of the Mortgage Process

taking the fear out of the mortgage processA considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification.

Read More »

What to Expect When Home Inspecting

what to expect when home inspectingSo you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. More often than not, your agent may have made your offer contingent on a clean home inspection.

Read More »

How to Opt Out of Pre-approved Credit Card Offers and Protect Your Identity

how to opt out of credit card offersDid you know that when a lender pulls someone’s credit, the trade bureaus sell that information to other lenders? The credit bureaus make on average about $750 selling this info.

Read More »

Starting to Look for a Home? Know What You WANT vs. What You NEED

buying a home want vs needIn this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search.

If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d LOVE to have in your new home. Many new homebuyers fantasize about the amenities that they see on television or Pinterest, and start looking at the countless homes listed for sale with rose-colored glasses.

Read More »