In today’s Boston downtown condo sales market, low inventory dominates and high prices dominate the conversation in many areas of Boston. It can often be frustrating to be a first-time Boston condo buyers if you aren’t prepared.
In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement of buying a Beacon Hill home throughout the whole process.
1. Get Pre-Approved for a Mortgage Before You Start Your Boston Condo Search
One way to show you are serious about buying your Boston Seaport dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are in a market that is not as competitive, understanding your budget will give you the confidence of knowing whether or not your dream Boston condo for sale is within your reach.
This step will also help you narrow your Boston condo for sale search based on your budget and won’t leave you disappointed if the Boston Seaport District condo for sale you tour, and love, ends up being outside your budget!
2. Know the Difference Between Your ‘Must-Haves’ and ‘Would-Like-To-Haves’
Do you really need that farmhouse sink in the kitchen of a Boston Beacon Hill condo to be happy with your Boston downtown condo home choice? Would a two-car deeded parking space be a convenience or a necessity? Could the ‘man cave’ of your dreams be a future renovation project instead of a make-or-break right now?
Before you start your Boston downtown condo for sale search, list all the features of a home you would like and then qualify them as ‘must-haves’, ‘should-haves’, or ‘absolute-wish list’ items. This will help keep you focused on what’s most important.
3. Research and Choose a Boston Downtown Neighborhood You Want to Live In
Every neighborhood has its own charm. Beacon Hill condos across from brick sidewalks, Boston Midtown condos with city views or Boston Seaport condos for sale. Before you commit to a home based solely on the Boston condominium itself, the article suggests test-driving the area. Make sure that the area meets your needs for “amenities, commute, school district, etc. and then spend a weekend exploring before you commit.”
4. Pick a Boston condo Style You Love and Stick to It
Evaluate your family’s needs and settle on a style of home that would best serve those needs. Just because you’ve narrowed your search to a zip code, doesn’t mean that you need to tour every listing in that zip code.
5. Document Your Boston Condo Visits
Once you start touring homes, the features of each individual home will start to blur together. The article suggests keeping your camera handy to document what you love and don’t love about each property you visit.
Making notes on the listing sheet as you tour the property will also help you remember what the photos mean, or what you were feeling while touring the home.
In a high-paced, competitive environment, any advantage you can give yourself will help you on your path to buying your Boston downtown condo
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