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Are You Prepared?

By
Real Estate Agent with Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA 92593-B

The other day I ran into someone I hadn't seen in a while. I knew they had placed their multifamily home on the market 6 months ago. Naturally, I asked how the process was going. It was shared that they had 1 offer (after they adjusted the listing price) but the transaction fell through due to home inspection issues. It seems the buyer didn't understand or wasn't prepared to be an owner of a multifamily home (2-family). Instead, they opted to find a newer single-family dwelling. It seems the number of repairs needed, (which the seller offered to fix) scared them off and caused them to realize they weren't ready for life in an older period home, which New England has an abundance of.

Being prepared to be a buyer also includes a complete understanding of what is included in ownership, like repairs. As Realtors® we need to educate our clients in all aspects of being prepared for home ownership

 Whatever season it is, be a good Scout and be prepared if you are going to enter the active Real Estate market as a buyer or seller.

Get Ready To Buy a Home in 2025

Some Highlights

  • If buying a home is on your goal sheet this year, here’s how to make it happen.
  • Focus on improving your credit, planning for your down payment, getting pre-approved, and prioritizing your wish list.
  • But first, connect with a trusted agent and lender so you have expert advice every step of the way.

 

 

Thank you to KCM for compiling the information

Posted by

Grace be with you, and peace, from God our Father, and the Lord Jesus Christ.

2 Thessalonians 1:2 KJV

Keller Williams Realty Evolution

447 Newburyport Turnpike Suite #5

Topsfield, MA 01983

 978-887-3995  ~ Office
 978-270-3037  ~ Cell
 DougDawes@KW.com

Comments(6)

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Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Doug Dawes 

Great recommendations for new buyers. I am ready, all the best to you:) Katina

Jan 03, 2025 02:42 PM
Doug Dawes

I'm sure you prepare your clients Katina Hargrove 352-551-0308 that's why you are successful. A side note to the story. When I asked him where he'd be moving to he replied "I have no idea". That raised my eyebrow

Jan 04, 2025 07:49 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Doug- When we purchased our first home, I had no idea of the many trips to Target, Home Depot and Lowes we would make...and that was just one Saturday. 

Jan 03, 2025 05:19 PM
Doug Dawes

I believe most first-time buyers do Kathy Streib but that's why agents should broach the subject imho

Jan 04, 2025 07:50 AM
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Those repairs are often included in the price, bet even so buyers may not have the post purchase $ or credit line to complete them. You make some really valid points here Doug. Thank you.

Jan 03, 2025 05:36 PM
Doug Dawes

Hi Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI 

This seller is a contractor and can easily perform the repairs which he said he would. With the cost of Real Estate today few buyers have the $$ or access to a credit line for repairs

Jan 04, 2025 07:53 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

This is good advice and being prepared for what lies ahead is always important, no matter what we are doing, haha.

Jan 04, 2025 05:26 AM
Doug Dawes

"No matter what we are doing" is right Brian England Have a great weekend

Jan 04, 2025 07:54 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Good points, Doug.
As agents, we wear many hats: educator, counselor, and guide. It should always be our goal for the client to feel good about their decision for the long term.

Jan 04, 2025 06:51 AM
Doug Dawes

There will always be unexpected surprises Carol Williams and that's where we come in to get them thinking about those things

Jan 04, 2025 07:56 AM
Roy Kelley
Retired - Gaithersburg, MD

This is good advice to share with prospective home buyers.

Have an outstanding weekend.

Jan 04, 2025 08:23 AM
Doug Dawes

Thanks Roy Kelley WIshing you a Happy New Year

Jan 04, 2025 03:37 PM