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When you’re buying a home, there’s a lot of excitement that surrounds the search and purchase of the property. In the process of buying a home, however, there are many things that buyers forget to take into account during their search and budgeting. Below, you’ll find some information to help you be prepared as a buyer to consider your home purchase from all angles without missing a beat.  


The Expense Of Closing Costs


Remember that closing costs will be somewhere in the 3-5 percent range of the purchase price of a home. Amidst all of your savings, you’ll need to consider this a part of your expenses. Closing costs need to be paid upfront in most cases. You can roll your closing costs into the financing, but it depends on the circumstances. There are no guarantees that the lender will agree to it. Your realtor can also sometimes negotiate for the sellers to pay the closing costs, but in a seller’s market this is quite rare. Be prepared with your closing costs and understand how much you’ll need to spend so that you have an appropriate amount for the downpayment and the other expenses that you’ll incur during the process of buying a home.  


The Cost Of Maintaining A House


Many buyers forget about all of the costs that they will need to pay for after they finish buying the house. In addition to a monthly mortgage payment, you’ll need to pay for things like utilities, routine home maintenance, furnishings, and more. If you completely deplete your savings for the purchase of the home, there’s not a whole lot of wiggle room for you to pay for additional needs in the house. 


The Cost Of Furnishing And Decorating A Home


You may move into a home with a few pieces that you have previously owned. You could also need a lot of things from a bed to a sofa. All of these items can add up. You may even have to worry about little things like window shades, curtains, lamps, light bulbs, and more. 


Home Repairs Can Cost A Pretty Penny


If something needs to be done in your home, the repairs can cost you quite a bit. If you’re not paying attention during the home inspection, you’ll be in for some surprises. That’s why you need a good realtor to help you through the process. A new roof can cost thousands of dollars. New appliances are an expense you should plan for. Other major work that needs to be done around the house can also dip into your savings significantly. As a buyer, you need to be prepared for any of these expected or completely unexpected costs.           


A home inspection is a crucial part of the homebuying process. At this point, a home inspector will walk through a house with you and examine the property inside and out. If a home inspector identifies underlying problems with a residence, these issues could put your purchase in jeopardy. On the other hand, if a home inspection reveals that there are no major problems with a residence, you may feel comfortable proceeding with a purchase.

Ultimately, how a homebuyer approaches a property inspection can have far-flung effects. For those who want to achieve the best-possible home inspection results, we're here to help you get ready for a house inspection.

Let's take a look at three tips to ensure you know exactly how to approach a house inspection.

1. Prepare for the Best- and Worst-Case Scenarios

Regardless of how a home inspection turns out, you need to be ready. That way, you'll have a plan in place to act quickly, even in the worst-case scenario.

In the best-case scenario after a house inspection, you likely will take a step forward in your quest to complete a home purchase. Conversely, in the worst-case scenario following a home inspection, you may rescind your offer to purchase a house and reenter the real estate market.

It also is important to remember that you can always walk away from a house sale if an inspection reveals there are significant problems with a residence. For a homebuyer, it is paramount to feel comfortable with a house after an inspection. If a home raises lots of red flags during an inspection, a buyer should have no trouble removing his or her offer to purchase a house.

2. Ask Plenty of Questions

A home inspector is a property expert who can provide insights into the condition of a residence. Thus, you should rely on this property expert as much as possible.

Don't hesitate to discuss a home with an inspector. Because if you ask lots of questions during a home inspection, you may be able to receive comprehensive property insights that you may struggle to obtain elsewhere.

3. Analyze the Inspection Results Closely

Following a home inspection, you'll receive a report that details a property inspector's findings. Review this report closely, and if you have follow-up questions about it, reach out to the inspector that provided the report.

Lastly, as you look for ways to streamline the homebuying journey, you should work with a knowledgeable real estate agent. This housing market professional can put you in touch with the top home inspectors in your city or town. Plus, if you want to request home repairs or a reduced price on a house after an inspection, a real estate agent will negotiate with a seller's agent on your behalf.

Let's not forget about the support that a real estate agent provides at other points in the homebuying journey, either. If you ever have concerns or questions during the homebuying journey, a real estate agent will respond to them at your convenience.

Prepare for a home inspection, and you can use this evaluation to gain the insights you need to make an informed homebuying decision.



48 Noyes Street, Needham, MA 02492

Single-Family

$1,795,000
Price

9
Rooms
5
Beds
3
Baths
New Construction Farmhouse Colonial with 5 bedrooms on 1/3 acre lot. Front and back staircases, plus an awesome bonus room above the 2-car garage. The large kitchen is designed with custom cabinets, impressive Thermador range with double-ovens, as well as a 42-inch Thermador built-in refrigerator. A slider off the kitchen eating area leads to a private step-down patio area. The great room is open to the kitchen with an inviting cozy fireplace area. The dining room is sized to comfortably entertain.The master suite is outfitted with a spa-like bath, soaking tub, large glass enclosed shower, plus a large walk-in closet and sitting area. Three additional 2nd floor bedrooms plus a walk-up attic provides for terrific storage space or room for future expansion.This wonderful new home is located about a mile from Needham Center and the train to Boston in the new Sunita Williams Elementary School school district.
Open House
Sunday
June 28 at 12:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 48 Noyes Street, Needham, MA 02492    Get Directions

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12 Kimball Street, Needham, MA 02492

Single-Family

$1,697,000
Price

10
Rooms
5
Beds
3/1
Full/Half Baths
New Construction: Classic Craftsman style home built with quality and designed for comfort and livability. This is more than just a sunny 5 bedroom home with a private rear yard - It's living in its entirety. This house was designed to give your family a place to live to fit all your needs. It offers flexible space for a private home office. Open kitchen family room, plus den, and formal dining room. 4 second floor bedrooms, plus a 5th bedroom and bath on the third floor suite. A lower level area that can adapt as a movie room, game room, or safe place for the kids to play. Ideal location just a short walk to Needham Center. Come enjoy. This is living!
Open House
Saturday
June 27 at 11:00 AM to 1:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 12 Kimball Street, Needham, MA 02492    Get Directions

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12 Kimball Street, Needham, MA 02492

Single-Family

$1,729,000
Price

10
Rooms
5
Beds
3/1
Full/Half Baths
New Construction: Classic Craftsman style home built with quality and designed for comfort and livability. This is more than just a sunny 5 bedroom home with a private rear yard - It's living in its entirety. This house was designed to give your family a place to live to fit all your needs. It offers flexible space for a private home office. Open kitchen family room, plus den, and formal dining room. 4 second floor bedrooms, plus a 5th bedroom and bath on the third floor suite. A lower level area that can adapt as a movie room, game room, or safe place for the kids to play. Ideal location just a short walk to Needham Center. Come enjoy. This is living!
Open House
Saturday
June 27 at 11:00 AM to 1:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 12 Kimball Street, Needham, MA 02492    Get Directions

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