Shawn Burgess | Dorchester Real Estate, Roxbury Real Estate, Mattapan Real Estate


After you accept an offer on a home, you likely will only have a few weeks to pack up your belongings and vacate the premises. As such, there are many questions that home sellers need to consider at this point, including:

1. Where am I going to live?

If you haven't figured out where you're going to live after your home closing, there is no need to panic. Consider all of your potential living options now, and you can plan accordingly.

Oftentimes, friends and family members may be willing to provide you with a temporary place to live. These loved ones may enable you to stay in their houses until you buy a new residence. Or, in some instances, you may be able to permanently move in with friends and family members.

On the other hand, if you enjoy being a homeowner, you may want to kick off a home search right away. This will enable you to find a new place to live in the city or town of your choice. Also, if you work quickly, you may be able to finalize your home purchase around the same time that you sell your current house.

2. What is the homebuyer's next step?

In most cases, a homebuyer will have a set amount of time to schedule a home inspection after you accept his or her offer. Once the home inspection is complete, the buyer will receive a report that provides insights into the condition of your house.

For home sellers, a home inspection can be stressful. If a property inspector discovers problems with a residence, a buyer may choose to walk away from a home purchase or ask a seller to complete various home renovations.

When it comes to selling a house, it pays to be honest. If you provide honest responses to a homebuyer's questions about your residence, you can help the buyer make an informed purchase decision. Plus, with this approach, you can minimize the risk that a home inspection may lead a buyer to rescind his or her offer.

3. What will I need to do to finalize the home sale?

The time between accepting a home offer and reaching the closing date may seem endless. However, a patient home seller will be able to stay calm, cool and collected, even if challenges arise along the way.

As a home seller, you should try to do everything you can to reach the finish line of a property sale. If you maintain consistent communication with a real estate agent, you can seamlessly navigate all stages of the home selling cycle.

A real estate agent works on a home seller's behalf and will do everything possible to minimize potential pitfalls. Thus, this housing market professional is happy to respond to a home seller's questions to ensure this individual is fully supported in the weeks and days leading up to a home closing.

Collaborate with a real estate agent, and you can receive plenty of support throughout the home selling journey.


This Multi-Family in Boston, MA recently sold for $975,000. This style home was sold by Burgess Realty Group LLC - Burgess Realty Group LLC.


11 Leston St, Boston, MA 02126

Mattapan

Multi-Family

$874,900
Price
$975,000
Sale Price

3
Units
3,882
Approx. GLA
Attached 3- family featuring condo quality first floor renovation; boasting hardwood floors, modern fixtures and appliances. Great for an owner occupant or investor. Spacious, and well designed layouts with 3 generously sized bedrooms and ample closet space. Additional room located on each floor that can be used as office, laundry, or potential second bath. Fenced yard for at least 2 cars or great space for those summer cookouts. Below market rents with great upside potential. Short distance to Morton Street Commuter Rail and bus lines to Forest Hills T Station.

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Purchasing a home in a seller's market may prove to be difficult. Fortunately, we're here to offer expert guidance to ensure you can find the best house at the lowest price, regardless of the present real estate sector's conditions.

Now, let's take a look at three tips to help you get ready to pursue a home in a seller's market.

1. Assess the Housing Market Closely

A seller's market likely features a shortage of high-quality houses. As such, you'll want to analyze the local real estate sector closely so you can identify your dream home faster than ever before.

Take a look at the prices of recently sold houses in your city or town. This information can help you understand the average price range for homes of all sizes in your area. You also should find out how long these homes were available before they sold to understand the current pace of the real estate market.

Furthermore, you should make a checklist of home must-haves and wants. Once you craft this checklist, you can assess the houses available in your city or town and map out your homebuying journey accordingly.

2. Get Pre-Approved for a Mortgage

In all likelihood, you'll need to act fast to acquire your ideal residence in a seller's market. If you have a mortgage in hand when you submit a home offer, you may boost your chances of receiving a "Yes" from a seller.

A home offer that is contingent on a buyer's approval for a mortgage often is far from ideal. If a seller receives this type of offer, he or she may be reluctant to accept it, as there are no guarantees a buyer will be able to obtain the necessary financing to acquire a home.

Comparatively, a buyer who gets pre-approved for a mortgage can enter a seller's market with a budget in hand. And if he or she finds a great house, this buyer can submit an offer without having to worry about getting financing at a later time.

To get pre-approved for a mortgage, you should meet with a variety of lenders. These financial institutions can teach you about a wide range of mortgage options and help you find the right mortgage based on your finances.

3. Collaborate with a Real Estate Agent

A seller's market can be tough to navigate, regardless of whether you're a first-time or experienced homebuyer. Thankfully, real estate agents are available who can guide you along the homebuying journey.

Typically, a real estate agent will learn about your homebuying goals. He or she then will keep you up to date about houses that meet your criteria, set up home showings and help you submit offers on residences. And if you ever have homebuying concerns or questions, a real estate agent is ready to respond to them at any time.

Prepare to buy a house in a seller's market – use the aforementioned tips, and you can move one step closer to acquiring your dream residence.



71 Victoria Heights Rd, Boston, MA 02136

Condo

$369,900
Price

8
Rooms
3
Beds
2/1
Full/Half Baths
Welcome to the City of Boston's hidden jewel at Congress Village within the lovely 55+ Victoria Heights community. Expansive 3 level townhouse with a massive master bedroom/ cathedral ceilings and exposed beams. Loads of closet space with the potential of a bedroom on every level. The 2 & 1/2 baths floor plan provides a bath on every level with an additional dedicated laundry/utility room. Lower level with a full walkout patio door leading to open green space is great for entertaining or just having extra space to unwind and enjoy the easy life. Updated kitchen, recessed lighting on the main level and fresh paint makes it move in ready. Condominiums are professionally managed with someone else to handle the snow, grounds and exterior mainteance. Amenities include a dedicated parking spot, pool, clubhouse and gated community. Close proximity to hospitals and shopping.
Open House
Sunday
July 25 at 2:00 PM to 3:30 PM
Cannot make the Open Houses?
Location: 71 Victoria Heights Rd, Boston, MA 02136    Get Directions

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71 Victoria Heights Rd, Boston, MA 02136

Condo

$369,900
Price

8
Rooms
3
Beds
2/1
Full/Half Baths
Welcome to the City of Boston's hidden jewel at Congress Village within the lovely 55+ Victoria Heights community. Expansive 3 level townhouse with a massive master bedroom/ cathedral ceilings and exposed beams. Loads of closet space with the potential of a bedroom on every level. The 2 & 1/2 baths floor plan provides a bath on every level with an additional dedicated laundry/utility room. Lower level with a full walkout patio door leading to open green space is great for entertaining or just having extra space to unwind and enjoy the easy life. Updated kitchen, recessed lighting on the main level and fresh paint makes it move in ready. Condominiums are professionally managed with someone else to handle the snow, grounds and exterior mainteance. Amenities include a dedicated parking spot, pool, clubhouse and gated community. Close proximity to hospitals and shopping.
Open House
No scheduled Open Houses

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