Kathy Foran - REALTY EXECUTIVES Boston West



Posted by Kathy Foran on 12/10/2017

If you want to buy a terrific house at a budget-friendly price, it generally is a good idea to plan ahead as much as you can. In fact, with a homebuying strategy in place, you can boost the likelihood of a fast, seamless homebuying experience.

Now, let's take a look at three tips to help you craft a successful homebuying strategy.

1. Think About Your Homebuying Goals

Do you want to live in a warm-weather region? Or, would you prefer to buy a house in a city or town where you can experience all four seasons? Regardless of where you want to live, you need to think about your homebuying goals and incorporate them into your homebuying plan.

Make a list of what you want to find in your dream house Ė you'll be glad you did. With this list, you can narrow your home search.

Also, it often helps to review your future plans as you put together a homebuying strategy. For example, if you intend to return to school, you may want to consider houses located near top colleges and universities. On the other hand, if you plan to settle down and start a family, you may want to pursue houses near parks and other family-friendly attractions.

2. Consider Your Financing Options

Buying a house likely will be impossible without home financing. Fortunately, there is no shortage of home financing options available.

Oftentimes, it is beneficial to meet with a variety of banks and credit unions. These financial institutions can teach you about myriad mortgage options and help you get pre-approved for a mortgage.

Once you have your home financing settled, you can incorporate a budget into your homebuying strategy. Then, you can check out available houses and avoid the risk of overspending to acquire your ideal residence.

3. Consult with a Real Estate Agent

Developing a homebuying strategy sometimes can be tough, particularly for those who are crafting a homebuying plan for the first time. Lucky for you, real estate agents are available nationwide who can help you complete a successful homebuying journey.

A real estate agent is happy to meet with you and discuss your homebuying goals. He or she also can review your homebuying strategy and offer expert homebuying recommendations.

Let's not forget about the support that a real estate agent can deliver during the homebuying journey, either. A real estate agent will set up home showings, keep you up to date about new houses as they become available and negotiate with a seller's agent on your behalf. Perhaps best of all, a real estate agent will help you minimize stress throughout the homebuying journey and ensure you can purchase your dream home in no time at all.

If you want to get the most out of the homebuying journey, creating a homebuying strategy is a must. Take advantage of the aforementioned tips, and you can craft a successful homebuying strategy.




Categories: Uncategorized  


Posted by Kathy Foran on 12/3/2017

More areas are struggling with droughts today. Conserving water has become a necessity. Even if the area you live in isnít drought-stricken, cutting back on water use has many benefits for you and the environment. Youíll have a lower utility bill for one. Youíll also help to conserve the most precious resource on the planet. Thereís plenty of ways that you can conserve water. Youíll be happy that you implemented some of these tips into your daily routine. Small changes in your life can make a big impact on your water bill and the environment. 


Turn Off Water While You Brush Your Teeth Or Wash Your Hands


Did you know that water comes out of the faucet at an average of 2.5 gallons per minute? Thatís quite a lot of water to waste while youíre merely brushing your teeth or washing your hands. Turn off the tap while you brush (youíre supposed to brush for 2 full minutes!) or scrub your hands. Think of how many gallons of water youíll save over a weekís time if you shut the water off even for those few seconds! Water is a precious resource and we should use it wisely. 


Put A Bucket In The Shower


This sounds like kind of a crazy idea. You know how long it takes the shower to heat up every morning, and now you can save that water which normally heads down the drain. Place a bucket in the tub while the water heats up. You can use that water later for watering plant or keeping the lawn fresh. This way, nothing will go to waste! 


Take A Shorter Shower


We all love to hang out in the shower for a bit, but taking a shower is one of the biggest uses of water in our homes. A shower uses about 2.1 gallons of water per minute. That means the typical 8 minute shower consumes somewhere around 16 gallons of water. If you cut your showers by even one minute, youíd save 14 gallons of water a week! Thatís nothing to sneeze at! 


Flush Less


You know the old saying, ďIf itís yellow let it mellow.Ē Maybe this tip isnít for everyone, but your toilet is the fixture that uses the most water in your home. Higher efficiency toilets use about 1.5 gallons per flush, but older toilets can use anywhere between 3.5 and 7 gallons of water per flush! Consider flushing the toilet a bit less for the sake of water conservation! 


Load The Dishwasher Fully


The dishwasher is a fantastic invention and a necessity in our homes. Every time you run the dishwasher, it uses between 4 and 6 gallons of water. When you run the machine, be sure that itís full of dirty dishes to avoid putting it on too often. 





Posted by Kathy Foran on 11/30/2017

Nothing to do but move right into this gorgeous renovated multi level w/3 brms, 2 full bths & 4 levels of living w/1 car attached garage in wonderful neighborhood location! Lovely new granite kitchen w/recessed lights, stainless steel appliances, gas cooking & new hardwood floor! Bright fireplaced living rm w/picture window, refinished hardwood floor and recessed lights, formal dining rm w/refinished hardwood floor & new slider to lovely sun rm! 3 large brms all w/refinished hardwood floors! Huge family rm in lower level w/berber carpet, recessed lights and laundry rm! Everything is new, Architectural roof, windows, vinyl siding, wall mounted Navien gas heat, Central air, 2 new full bths w/tile, new berber carpet, 200 amp electric, garage door & opener, landscaping, front steps, driveway and more! Private half acre level lot abutting the Aqueduct! Great convenient neighborhood location, close to all major routes, schools and shopping!!

More Info on this Property | New Listing Alerts




Categories: Uncategorized  


Posted by Kathy Foran on 11/26/2017

You want to buy a house, but you know that you need to save as much money as possible for a down payment. Although you've tried to save money in the past, your best efforts have failed to help you collect the funds that you'll need to make a down payment on your dream residence.

Let's face it Ė saving for a home can be difficult. Fortunately, we're here to offer creative ways to help you get the money that you'll need to make your homeownership dream come true.

Now, let's take a look at three creative ways to save for a down payment on a house.

1. Start a Friendly Competition

Competition often brings out the best in homebuyers. Much in the same vein, you and your friends may be able to compete against one another to see who can save the most money for a down payment on a home.

If you and your friends intend to buy a home together or separately, a friendly competition can make a world of difference in getting the required funds for a down payment. In fact, you can even award the winner of this competition with an "Ultimate Saver" trophy or other fun prizes.

Ultimately, a friendly competition is a great way to have fun with friends and save money for a down payment on a house at the same time. Regardless of who wins the competition, you'll notice that your down payment savings will increase, moving you one step closer to acquiring your ideal residence.

2. Use a Rewards System

Saving for a down payment on a home may seem like a long, arduous process. However, if you build rewards into your day-to-day savings efforts, you can earn incentives as you reach various milestones.

For instance, you may want to reward yourself with a special dinner every time that you reach a savings milestone. Or, you can always celebrate hitting a savings milestone with a trip to the dog park with your puppy.

3. Trim the Fat from Your Budget

It sometimes can be tough to remove cable TV, takeout meals and other excess items from your budget. But if you consider the long-term benefits of these short-term sacrifices, you may be better equipped than ever before to save significant funds for a down payment on a home.

Look closely at your daily, weekly and monthly budgets. Then, you can determine which budget items are essential and which are not and trim the fat from your budget accordingly. This will allow you to speed up the process of saving for a down payment on a house and ensure that you can achieve your homeownership dream faster than ever before.

Lastly, as you prepare to explore available homes, don't hesitate to reach out to a real estate agent for extra help. By hiring a real estate agent, you can get the assistance that you need to discover a great house that falls within your price range.





Posted by Kathy Foran on 11/19/2017

Making the decision to buy your first home is a big step. One of the most uncertain parts thatís involved in buying a home is that of securing a first-time mortgage. Youíll need to know what types of programs exist to help you on your journey to homeownership. Even if you have owned a home in the past but are now renting your home, you may be eligible for first-time mortgage benefits. 


The first thing you should do is understand your options for getting a mortgage. The Department of Housing and Urban Development often provides you with agents to help you see whether you will, in fact, qualify for a first time mortgage and all the benefits that go along with it. They may also help you to see exactly what programs will work best for you. You can find agencies in your specific area on the HUD website. 


Each state and local municipality have its own resources for those seeking to buy a home as well. These programs may get more specific, helping low-income earners, first-time home buyers and people with disabilities. Of course, youíll need to meet certain eligibility requirements before qualifying for the programs. Your state and local housing offices are other great places to start when youíre searching for benefits for first-time home buyers.   


Save, Save, Save! 


Even before you think you might be ready to buy a home, you need to start saving. Youíll need a significant down payment, especially if youíre hoping to avoid private mortgage insurance or PMI. If you canít swing a 20% down payment, thereís good news: First-time home buyers are eligible for loans that require a lower down payment- as little as 3%! 


Youíll also need a significant amount of savings to pay upfront for closing costs. These fees can come in somewhere between 3 and 4% of the purchase price of the home. It wonít be very pleasant if your bank account is completely empty by the time you reach the closing table. This is why itís a wise idea to save long before you even think you might want to buy a home.      



Look At Your Finances


In the same light of saving money, youíll want to keep your financial health in check in order to prepare to secure your first mortgage. First, check your credit score and see where you stand. You can take the time to dispute any discrepancies you may find on your report. Then, start paying off any credit card balances that you may have. Remember that the higher your credit score is, the better your chances are of securing a mortgage and being approved for a first-time home buyer program.