Elena Langlois - Berkshire Hathaway HomeServices Commonwealth Real Estate



Posted by Elena Langlois on 6/7/2018

If you want to buy a home in the near future, you’re going to need to really focus on the goal. Buying your first home is no small feat. There are a few habits that you’ll want to start right away once you decide that you’re ready to take the plunge into homeownership. 


Make Savings Automatic


If you’re going to start saving for all of the expenses that buying a home brings, the best thing that you can do is automate your savings. The down payment is usually more money than most people can even plan for. If you have a small amount of each paycheck go into a dedicated account for the house fund, you’ll be in better shape financially. You can never start saving too early or too much. The goal is to save as much as you possibly can. Put the money in a place where you won’t have easy access to it. If you don’t see it, you won’t spend it! 


Check Your Credit Score


Your credit report is one of those things that can’t be magically fixed. It takes some time and a little work to keep your credit score up. You’ll need to make sure that you make on-time payments each and every month. If there are any glaring mistakes on the report, you’ll need to fix them, as it could take some time for any changes to show up. The most important thing is to keep your credit record clean by making on-time payments, refraining form opening too many new accounts, and paying down any outstanding debt. Once you check your credit score and see what you have to work with, you’ll be in good standing in no time. 


Become A DIYer


When you move into a home, there’s a lot that may need to be done. If you can do some of the work yourself, instead of hiring contractors and other people, you may be able to save some money. This wouldn’t include anything dangerous like electrical work or complicated plumbing issues. There are plenty of projects that you can safely take on in a home that will save money and keep your home in great shape. 


Learn To Budget


Owning a home can actually be cheaper than renting in some cases. If you learn to budget, factoring in things like food, utilities, and how much you spend on entertainment, you’ll see how much you have to work with. See how much you’re spending and then decide where you can cut down costs from there. You’ll find more money that you can be saving towards a home. The best part about buying a home is that you own it! There is no middle man telling you what you can and cannot do in a space.




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Posted by Elena Langlois on 9/1/2016

Let's face it – you're tired of your current living situation and are ready for a change. Luckily, there are many homes available in your area – you just need to find a residence that fits your needs and budget. The homebuying process sometimes can become time-consuming and exhausting, but we're here to help you take the guesswork out of finding a residence and ensure you can discover your dream home quickly and effortlessly. Here are three tips that you can use to speed up the homebuying process: 1. Get Pre-Approved for a Mortgage. Why should you look at homes you cannot afford? Instead, you can get pre-approved for a mortgage and search for residences that suit your budget perfectly. Many lenders are available that offer financing for homebuyers nationwide. As a result, you may be able to evaluate a variety of lenders to ensure you're able to get the lowest interest rate on your mortgage. Before you begin your home search, get pre-approved for a mortgage – you'll be happy you did! And remember, if you are pre-approved for a mortgage, you may be able to improve your chances of a home seller accepting your offer over others (i.e. from homebuyers who still need to get financing) as well. 2. Employ a Home Inspector. After you submit an offer for a residence, you'll want to hire a home inspector who can evaluate this property to the fullest extent. A home inspector serves as an unbiased third-party who possesses the experience and know-how needed to evaluate a residence. Therefore, this inspector will be able to identify any problem areas before you buy a house. With the right home inspector at your side, you can boost your chances of finding the right home without delay. This inspector will empower you with the insights you need to make an informed homebuying decision, one that could deliver significant benefits both now and in the future. 3. Work with a Real Estate Agent. Although you'd like to find a home as quickly as possible, you may lack the time and resources needed to fully review the real estate market. By hiring a real estate agent, however, you can streamline the process of exploring the real estate market in your area. A real estate agent will collaborate with you, learn about your wants and needs and provide information about residences that match your preferences. This professional can even set up home showings and keep you up to date about open houses in your area. Thus, your real estate agent serves as a dedicated housing market resource and will do everything possible to ensure you can find the perfect home. You'll likely discover a broad assortment of real estate agents available in cities and towns across the United States. And to find the right real estate agent, you'll want to meet with this professional and make sure you're comfortable working with him or her as you embark on your search for your dream residence. Take advantage of the aforementioned tips, and you should have no trouble accelerating the homebuying process.




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