William Raveis Delta Realtors - Medfield, Massachusetts Experienced Realtors = results!


What does it take to acquire a top-notch home in a seller's market? Ultimately, it may prove to be a lot of work, especially for first-time homebuyers.

In a seller's market, there is an abundance of homebuyers and a shortage of home sellers. As a result, high-quality houses sell quickly, and homebuyers who lack real estate insights may miss out on an opportunity to purchase their dream residence.

Lucky for you, we're here to teach you about the ins and outs of a seller's market and ensure you can secure a first-rate house in any housing market, at any time.

Now, let's take a look at three tips for homebuyers who want to purchase a house in a seller's market.

1. Understand Your Homebuying Needs

Know what you want to find in a dream home before you start checking out properties. That way, you can narrow your home search and pounce on new homebuying opportunities as soon as they become available.

Creating a list of must-haves for your dream home may prove to be a great idea. This list will enable you to refine your home search and accelerate the homebuying process.

Also, consider your immediate and long-term home needs. If you plan to raise a family in a new home, you may want to consider exploring houses that are close to schools. Or, if you don't own a car but work in a major city, you may want to assess properties near public transportation.

2. Examine Your Finances Closely

Let's face it – the temptation to outbid rival homebuyers can be overwhelming in a seller's market. However, homebuyers who understand what they can afford can map out their home search accordingly.

Get pre-approved for a mortgage before you start looking at homes in a seller's market – you'll be glad you did. With a mortgage in hand, you'll know what you can spend on a new house and tailor your home search based on your budget.

Don't forget to meet with several banks and credit unions to explore all of your mortgage options as well. By doing so, you can learn about different mortgage options and select the right one based on your finances.

3. Work with a Real Estate Agent

A real estate agent understands that buying a home in a seller's market can be exceedingly difficult. As such, he or she will do everything possible to help you purchase a great residence at an affordable price.

Collaborating with a real estate agent is a must, especially for homebuyers who are operating in a seller's market. A real estate agent can set up home showings and negotiate with home sellers on your behalf. Plus, he or she can keep you up to date about new houses that will meet or surpass your expectations.

Buying a home should be a fast, easy process, even for homebuyers who are searching for a residence in a seller's market. Thanks to the aforementioned tips, you should have no trouble navigating a seller's market and acquiring a superb residence.



98 Pleasant Circle, Canton, MA 02021

Single-Family

$459,900
Price

7
Rooms
3
Beds
1/1
Full/Half Baths
This property is located in quiet neighborhood that has a voluntary association of area residents who get to use and share a private beach on Reservoir Pond. The same association sponsors area activities for the neighbors/association members around holidays.... the beach is widely used! all of this for a donation to the association of $65. per year! What a deal! And, What a great neighborhood!
Open House
Saturday
October 24 at 12:00 PM to 1:30 PM
open house.. covid 19 rules, masks, social distancing.,, please present offers by noon on Monday 26th
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Location: 98 Pleasant Circle, Canton, MA 02021    Get Directions

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98 Pleasant Circle, Canton, MA 02021

Single-Family

$459,900
Price

7
Rooms
3
Beds
1/1
Full/Half Baths
This property is located in quiet neighborhood that has a voluntary association of area residents who get to use and share a private beach on Reservoir Pond. The same association sponsors area activates for the neighbors/association members around holidays.... the beach is widely used! all of this for a donation to the association of $65. per year! What a deal! And, What a great neighborhood!
Open House
No scheduled Open Houses

Similar Properties



If you are thinking of buying a home in the near future, there’s one three-digit number that could be oh so important to you. That number is your credit score. Read on to find out how a credit score can affect you and the steps you can take to be sure that your credit is in good standing when you head to apply for a mortgage. 


What Is A Credit Score?


Your credit score is checked by lenders of all kinds. Every time you apply for a loan or a credit card, there’s a good chance that your credit score is being pulled to see if you qualify for the loan. Your credit score is calculated based on the information on your credit report. This information includes:


Payment history

Debt-to-credit ratio

Length of credit history

New credit accounts opened


The areas with the most impact on your score is your payment history and your debt-to-credit ratio. This means that on-time payments are super important. You also don’t want to get anywhere close to maxing out your credit cards or loan amounts to keep your score up. 


What’s A Good Score?


If you’re aiming for the perfect credit score, it’s 850. Most consumers won’t reach that state of perfection. That’s, OK because you don’t have to be perfect to buy a house. If your score is 740 and above, know that you’re in great shape to get a mortgage. Even if your score is below 740 but around 700 or above, you’ll be able to get a good interest rate on your mortgage. Most lenders typically look for a score of 620 and above. Keep in mind that the higher your credit score the better your interest rate will be.    



What If You Lack Credit History?


Most people should get a credit card around age 20 in order to begin building credit. You can still qualify for a mortgage without a credit history, but it will be considerably harder. Lenders may look at things like your rent payments or car payments. Lenders want to know that you’re a responsible person to lend to. 


What If Your Score Needs Help?


It doesn’t mean you’re a hopeless case if you lack good credit. Everything from errors on your credit report to missed payments can be fixed. The most important thing that you can do if you’re buying a home in the near future is to be mindful of your credit. Keep an eye on your credit report and continue to make timely payments. With a bit of focus, you’ll be well on your way to securing a mortgage for the home of your dreams.        




Image by Ernest_Roy from Pixabay

When putting together a room’s design, there’s one area that often gets overlooked above all others, and that’s the ceiling. There are a variety of interesting things that you can do with a ceiling to bring life and add interest to a room. Some ideas will add a sense of height or give the space an elegant look while other things will even help enhance the room’s lighting—without the addition of new light fixtures.

If you’re looking for design ideas, don’t skimp on the ceilings. Instead, try one of the following!

1. Gloss Finishes are Fashionable & Brightening

People don’t normally think of high gloss finishes when they think of ceilings, but this is a trend that is taking off for two good reasons. Gloss, whether it’s glossy paint or a gloss wood finish, draws attention upward while also reflecting a lot of light. Lamplight or sunlight streaming in from windows—either way, the reflection helps make the room look much more spacious.

2. Wallpaper isn’t Just for Walls

Looking for an unusual way to make a statement? More and more, interior designers are turning to wallpaper as a creative way to change up the look of a ceiling. This is another technique that draws a lot of attention upward, and it has the added advantage of making a bold statement.

3. Choose Bright Colors for Low Ceilings

Low ceilings can make a room feel cramped even if it isn’t—and this is an effect that can be heightened if the room has a dark color scheme on the walls and ceiling both. Brighten things up and give the ceiling a little lift by choosing light shades to contrast dark walls. This also helps brighten the room, which is another way to make it feel a little more expansive.

4. Try the Beamed or Coffered Look

This idea will help you add loads of style to interior spaces. Beamed ceilings and coffered ceilings both, whether the style is rustic or elegant, lend a seriously high-end feeling to a room.

There’s lots of ways to get this look, too. Coffered ceilings can be created with lumber or even with moldings repurposed to lay out the ceiling’s pattern. You can just do simple, clean lines, or you choose lumber with intricate edge profiles for a more classical look. And then there’s the layout itself. Coffered ceilings are typically done in square patterns, but there’s nothing stopping you from making hexagons or using squares and rectangles in differing sizes.

Beamed ceilings work similarly in that you’ll use lumber to give the ceiling depth and texture. Here, however, the designs are usually simpler, as if structural beams have been left exposed. Because of that, this style often works well with rustic themes.

Even though ceilings are sometimes left out of the design process, there really are many ways to turn them into a thing of beauty. Your ceilings don’t have to be flat or understated. Use one of these ideas or come up with your own to draw attention to this key piece of the room.