Wednesday, November 25, 2009

How to buy a home in Boston

When looking at homes for sale in Boston, first time homebuyers might not always know what the next step is. This is a quick list for homebuyers that can help.

- Obtain pre-approval letter from lender
- Make offer to purchase (with initial deposit)
- Submit mortgage application
- Conduct home inspection
- Review condominium / property documents
- Sign P&S agreement (with additional deposit)
- Choose loan program and closing attorney
- Obtain mortgage commitment
- Get homeowner’s / condominium insurance
- Consider homestead
- Review closing costs
- Conduct “walkthrough” inspection
- Obtain check or wire funds
- Attend closing (bring photo ID and check book)
- Apply for residential exemption


If you wish to receive a free homebuyer’s guide for Boston, please email our Boston Real Estate Expert.

For more information on Boston condos for sale , go to Gibson Sotheby's International Realty, Boston's real estate experts.

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