This article was genuinely published here and copied with permission.

Massachusetts is a lovely place to live and work in. And if you are in the market to buy a house here, not renting, and if this is your first time, there are many things to ponder. Expectations would be high, and you would have to decide where to buy the house and how much you would have to shell out. Don’t worry; we are here to guide you on how to buy Homes For Sale South Shore MA. Please read on and be well-informed.

Be real budget wise

Before house hunting or even deciding which neighborhood to buy your house in, you should know what your pockets would allow. There are hidden costs when you buy a home, such as closing costs, insurance, and taxes.

As expert realtors say, the best thing to do is not to spend more than twenty-eight percent of what you earn as gross income monthly- including interest, principal, insurance and taxes. While buying a house, you must also remember there are other add-on expenses, and you don’t want to be burdened by such stuff when you enter a new home.
Research shows that in 2020 the average home price around Massachusetts was around $480,000- for single-family homes and condos, it was $425,000. So it depends on which part of Massachusetts you plan to buy your home; hence check your budget and be real.

Get qualified for a mortgage

Now when you know you can afford one of the Houses For Sale in South Shore Massachusetts, you would need to get pre-approved for a loan for the same. A pre-approval on the mortgage thus would be an important step when you house hunt in the state- it shows you are serious. You would need to show certain documents to the lender. Such as-

1. Verification of assets (statements for retirement and checking and savings accounts)
2. Verification for debts (a document to prove the same)
3. Verification of income for the last two years
4. 1099s and W-2 forms
5. Proof of paid rent for the last 12 months
6. Your credit score (FICO)

Choosing the right real estate agent

When ready to start hunting for a new home, you would need the help of an excellent and reputed real estate agent. We can help you with that, protect your interests, and find you the best home. You would also be guided on the offers around, home inspection, negotiation and market analysis. The execution of purchase of the house and the sale agreement, too – you would be guided. We don’t leave you midway.
The law in Massachusetts says that a home buyer would need an attorney to preside over the sale and transactions. They would be the ones to review every document and ensure that the title is ready to be transferred.

If you need more help buying a dream home from amongst the listings of the many Houses For Sale South Shore MA we have, visit our website: lizbone.com for more information. Alternatively, call us for help and advice at 781-934-2000 Ext. 25- we will be glad to be of service.