Real Estate Resolutions for Your South of Boston New Year!
Happy holidays, Plymouth County! I hope you all had a joyful weekend with friends and family, full of laughter, fun, food, spirits and memories that will last a lifetime.
Now that the first holiday weekend is over and it’s back to work for most of us, it’s time to start thinking about your New Year’s plans and resolutions.
As a Plymouth County Real Estate agent, I enjoy making real estate-related resolutions each year, aside from my personal ones. I recommend this for South of Boston residents who plan on buying or selling a home in the Plymouth County area, too.
As a homebuyer, if you’ve been keeping up with real estate news, you know that mortgage rates are lower than ever. A 30-year mortgage rate fell below 4 percent! Numerous analysts are predicting that the housing market will begin to recover in 2012, as well. So, if you have good credit, now is definitely the time to start searching the South of Boston Real Estate market!
To help you successfully achieve a purchase in Plymouth County, here are some resolutions that you could hold yourself accountable for in 2012:
- Know your credit score. Before you can work on improving your credit score, looking for a home, getting a mortgage loan or buying a home, you need to know the first line of information: your credit score. This score will determine the loan interest rates and terms that mortgage lenders will offer you. You can visit AnnualCreditReport.com to receive free credit history and a low-cost credit score, among other websites.
- Improve your credit score. Once you know what it is, work on improving it until it’s around or above 780, which is what lenders regard as the best credit scores. This might mean becoming more organized with your bills so that you ensure paying them on time each month. Or, it could mean paying off bills and reducing your amount of debt. If you really need help, consider finding a new job and reducing your monthly spending before attempting to buy a home.
- Educate yourself on negotiations. This way, when it comes time to find the best loan possible, you’ll know what you deserve and how to get it. To do this, you should shop around and talk to numerous lenders, large and small, and organize the information you receive from each one. This way, you can share your research when negotiating for the best loan you get find.
- Use a knowledgeable real estate agent! There are a lot of properties available on the market right now, and desperate sellers can cause uncertainty in buyers when it comes to asking prices, sale agreements, incentives and inspections. It’s a lot to take in, but as your South of Boston Real Estate agent, I am happy to work with you through the process to ensure as smooth and simple of a process as possible.
These New Year’s resolutions are a great place to start when planning your real estate goals for 2012. Whether planning to buy a home or sell a home in Plymouth County, it helps to plan ahead. If you need a South of Boston Real Estate agent, contact me! If you’d like to see what the South of Boston Real Estate market has to offer right now, check out the listings on my website. Let’s work together to make sure your South of Boston real estate dreams come true!
Happy New Year!
Susana Murphy
South of Boston Real Estate Expert
RE/MAX Paramount
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