Open Houses

Ready to buy a home?

Ready to buy a home?

3 steps to prepare yourself, and 3 steps to prepare your financeshomebuyer, real estate, stone ridge properties, newburyport, amesbury

Are you thinking of purchasing a home? Before you take the plunge, take these steps to prepare yourself and your finances.

3 Steps to Prepare Yourself

Meet with Local REALTORS

Stop into your local Real Estate offices and speak with some agents. You will be working closely with your agent for months, so you want to make sure that you feel valued by your agent and that he or she understands your needs. In-person meetings are a great way to quickly assess whether your buyer’s agent will be a good fit. You can also ask for referrals within your community, chances are there are some wonderful agents that your network has worked with in the past.

Set-up Email Alerts

Your agent can set you up with email alerts for properties that meet your criteria and needs. You can also set these up for yourself on a variety of real estate websites. Once you set up your home alert, for example, 4 bedroom, 2 bath single-family house between $330,000 - $500,000, you will receive daily notifications about properties that are available in your area within that criteria and work with your agent to set up a time to see the property.

Visit Open Houses

Go with your agent, or on your own! Find out where the Open Houses are in your area in by checking with your agent, or by looking online and through local newspapers, and take a look at the homes in your price range. This is also a great way to meet real estate agents.

3 Steps to Prepare Your Finances

Check your Credit

When you start the process of purchasing your home, you will realize that this is not the time for surprises. The last thing you will want is to be shocked by is your credit rating. Your credit card may offer a free credit tracker or you can use a service like Experian to request a current credit report. If you are buying a property with a spouse or a family member, you will want to ask them to check their credit as well. Looking over your credit report in advance of formally applying for your mortgage will give you time to address any issues or questions or concerns in advance of meeting with your mortgage broker.

Get Pre-Approved

A mortgage pre-approval indicates to Agents and Sellers that you are serious about purchasing a home. Being pre-approved for a mortgage is a fairly straightforward process, you will need to select a lender and provide them with basic personal information and income details. Need help finding a lender? Your real estate agent can recommend someone to you based on your personal situation. For example, if you are a veteran or self-employed they will direct you to someone with experience with loans that will meet your needs. Your bank pre-approval amount will help inform the price range of your new home.

Don’t Go on Any Shopping Sprees

No new boats or cars until you close on your home! Once you have been pre-approved for a mortgage, or are beginning the formal mortgage process, you will not want to have any irregularities or questionable activities appear on your credit report. Large purchases can quickly turn your approval into a denial.

We would be happy to meet with you and help match you with an agent, and address any concerns or questions you have about the purchasing process. Contact us today!

Upcoming Open House Super Sunday!

Stone Ridge Properties Open HousesHoping to find your dream home this Fall? We are here to make the process as fun and easy as possible! Be sure to visit our Open House Super Sunday Sunday, October 23.

Be entered to win a $150 gift certificate to the restaurant of your choice when you sign into any of our Open Houses on Super Sunday. Check the Stone Ridge Properties website and facebook page for updates and to learn about the listings and locations.

The link to scheduled Open Houses will be updated regularly as the dates approach: www.stoneridgeproperties.com/realestate/openhouse.

Visiting Open Houses is a great way to get a sense of the market value of homes in the area, determine what you want to spend on your property, and visualize the community you may be moving into. Want to make the most of your Open Houses you attend? Here are some tips for maximizing your visit:

  • Open House Super SundayHave a good idea of what you are looking for: Be vocal with your goals of your Open House visit. Even if the Open House you are attending doesn’t end up being your dream home, our agents know the local market well and will know of other available listings or properties that may be "coming soon."
  • Ask lots of questions! This is the best way to learn about the interesting facts about the property and the history of the home. Our agents will do their best to answer, and if we don’t have the answers - we will find them out and get back to you.
  • Take notes: If you are visiting several Open Houses in the same day, you might forget which home had what amenities. Keep them all straight on a notepad or in your phone to remember key information.

Happy house hunting!