Pinto Real Estate | Franklin, MA Real Estate, Milford, MA Real Estate, Mendon, MA Real Estate


Being in the market for a new home can be both an exciting experience and a scary one! It not only represents a huge financial commitment, but it also forces you to step out of your "comfort zone."

That's especially true if you're a first-time home buyer. When you make the switch from being a renter to a home owner, you no longer have the "luxury" of depending on your landlord for repairs, yard maintenance, or help with plumbing emergencies. Now, when the AC quits or the furnace conks out, the responsibility (and cost) of getting it fixed rests squarely on your shoulders!

Fortunately, there are steps you can take to minimize the possibility of incurring major expenses during the first couple years of owning a home. While there are (usually) no guarantees that household mechanical systems won't fail or that other crises won't befall you as a new homeowner, there are choices you can make that will reduce the chances of being saddled with unexpected expenses.

Buying a home with a newer roof, energy-efficient appliances, updated HVAC system, and a dry basement are four ways you can sidestep many predictable problems down the road. Wear and tear will eventually take its toll on everything from hot water heaters to microwave ovens, but if you can postpone having to replace appliances, roofs, and climate-control systems for several years or more, it will be a lot easier on you and your budget!

So all things being equal, home ownership will be more pleasurable and affordable if you choose a home with recent upgrades, replacements, and improvements -- preferably, those done within the past five or ten years. Besides comparing the maintenance history of houses you're considering, there's also the essential step of hiring an experienced structural inspector. When you've narrowed down your house-buying possibilities to one preferred home, a property inspector can help you identify "red flags" and potential problems before you close on that house.

As your real estate agent will probably tell you, if any major problems are identified in the home inspection process, you may be in a position to renegotiate the agreement or withdraw your offer, entirely. Since legalities are often complex and every real estate transaction is different, however, it's always essential to consult with an experienced real estate attorney whenever questions, problems, or complications arise in a real estate purchase or sale.

While it's a good idea to "expect the unexpected" when purchasing and moving into a new home, it pays to work with a team of trusted advisors. Working with a seasoned real estate agent, a knowledgeable real estate attorney, and a reputable property inspector will help make sure that your experience is both satisfying and relatively problem free! Knowing what you want and being adamant about what matters most to you should also serve you well in the house buying process.


You've found the home of your dreams, can afford the regular mortgage payments and even accounted for your closing costs, too. Clearly, you're in a great position to cover the costs associated with your home consistently, right? Even the most diligent homebuyer may encounter unforeseen costs along the way. Fortunately, we're here to help you prepare for these miscellaneous expenses. Here's a closer look at three miscellaneous homebuyer costs that you'll need to consider before you purchase a residence: 1. Homeowners Association Fees Planning to move into a condo? You'll want to find out what the homeowners association (HOA) fees are before you close on your residence, as these costs can add up quickly. HOA expenses usually cover the costs associated with keeping your lawn clean and looking great, clearing snow from roads and driveways in winter and other condo community costs. As such, these fees may wind up costing you several hundred dollars each month – a hefty sum that every condo owner needs to know about. To find out if HOA fees will affect your monthly budget, be sure to consult with your real estate agent. This professional should be able to get in touch with a HOA and determine exactly how much you'll need to add to your budget each month to account for these costs. 2. Unexpected Income Changes Your income may change over the life of your mortgage, and as such, you should try to plan accordingly. For example, consider what may happen if your full-time work schedule is reduced to part-time hours. This may prove to be exceedingly difficult, particularly if you don't have a Plan B in place to pay your mortgage. When it comes to potential income changes, it always is better to err on the side of caution. And a homeowner who has an emergency fund in place may be able to cover regular mortgage costs even if his or her everyday wages are reduced. 3. Emergency Medical Bills Unfortunately, medical emergencies can arise without notice and wreak havoc on a homeowner's budget. But even though these emergencies can put a financial strain on a homeowner, this homeowner still will be responsible for making regular mortgage payments. Emergency medical bills, like unexpected income changes, should be accounted for as part of an emergency fund. Furthermore, homeowners who contribute to this fund monthly can accumulate finances that will be readily available in even the worst-case scenarios. Buying a home requires a significant financial investment, but homebuyers who prepare accordingly will be able to ensure that they can manage any financial hardships that could come their way. No homebuyer wants to consider financial hardships, but working with a resourceful and intelligent real estate agent may help you prepare for the worst. This real estate professional may be able to offer guidance and tips to help you budget for your new residence and ensure that you'll be prepared for any emergencies as well. Plan for your new home purchase as much as you can, and ultimately, you'll be better equipped to make regular mortgage payments and manage any financial hardships along the way.


340 Main St, Milford, MA 01757

Single-Family

$234,000
Price

6
Rooms
3
Beds
1
Baths
Renovated 3 bedroom home on route 16 across the street from Milford Hospital. Updated mechanical's, heating system, water heater, electrical. Property can also be used as professional office. Easy to show, many possibilities.
Open House
No scheduled Open Houses

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When was the last time you examined the lighting in your hallway? For home sellers, you may want to consider revamping the lighting in your hallway. By doing so, you can brighten up your hallway, and ultimately, help make your home more appealing to prospective homebuyers. So what does it take to improve your hallway lighting? Here are three tips to consider: 1. Add Lighting Controls. Although you may already have a light switch to control your hallway lighting, incorporating a dimmer switch or occupancy sensor into your hallway may prove to be a great option to enhance your hallway's overall appearance. A dimmer switch ensures you can brighten or dim your hallway as much or as little as you choose. The added control provided by a dimmer switch enables you to create a certain ambiance that you can share with homebuyers when they check out your residence. Comparatively, an occupancy sensor detects when a person walks through a hallway automatically. This sensor may serve as a distinct feature in your home, one that may help your residence stand out in the eyes of homebuyers. 2. Incorporate Wall Sconces. For home sellers who want to impress prospective homebuyers the moment they enter a hallway, wall sconces may serve as ideal additions. Wall sconces come in many shapes and sizes, allowing you to select lighting that matches your hallway's décor beautifully. Also, wall sconces are available that enable you to create both up and down lighting that can give your hallway a one-of-a-kind look and feel. Try to find wall sconces that deliver a sense of balance in your hallway. By doing so, you'll be able to utilize wall sconces that provide a superior mix of fashion and function. 3. Install Track Lighting. Looking to brighten up a long hallway? Choose track lighting – you'll be glad you did! Track lighting typically runs parallel to your hallway's walls and offers immense versatility. Therefore, it serves as a wonderful option for those who want to make a hallway dazzle day after day. In many instances, you can change the direction of track lighting with ease, too. This type of lighting gives you superb flexibility, and as such, remains an exceedingly popular option in many homes. When it comes to brightening up a hallway or any other area of your home, be sure to evaluate all of the options at your disposal. Remember, you'll want to do whatever you can to help your residence sparkle, and the right lighting may enable you to transform a dull hallway into an eye-catching one. Lastly, don't forget to consult with your real estate agent before you perform hallway lighting improvements or other home repairs. This real estate professional likely boasts years of industry experience and will be able to guide you as you explore ways to make your home more attractive to homebuyers. Take a close look at your home's hallway lighting, and you're sure to find many great lighting options that you can use to help your residence stand out in any real estate market.

Having a family changes a lot. For one, your priorities about where you’d like to live change. This shift could be from a desire to live near restaurants and bars to parks and the best schools in a safe neighborhood. If you want to find a good neighborhood to search for a home in, there are a few things that you can research ahead of time before you even start your search for a home.


Research School Districts


For most parents, the school district in which they choose to live is an important part of the decision where to live. If you don’t know the area, or aren’t sure how the schools are, there are plenty of tools to help you. A quick online search can help you to compare and contrast neighboring school districts. Another important question to ask to find a suitable school district is if they actually have room for all of the students that would like to be enrolled in the school of your choice. You can also talk to people in the community about the schools and how they feel about them. Even a visit to local schools can help you to see what the education system in a certain neighborhood is all about.


Safety


Once you have a family, safety becomes even more of a priority. You do all of the right things from feeding your family well to baby-proofing the home. Yet, one thing that’s sometimes hard to control is the safety of the area that we live in. You’re going to want to find a neighborhood with low crime rate. There’s a few different tools online that help you to check the crime rates in certain areas. Don’t assume that the city is less safe than the suburbs, or even a rural area. Doing research and getting to know the area is key to finding a safe place to settle down in. 


Shortcuts And Speedways


In the same realm as safety, you want to check out the actual street that you hope to settle down on. Some streets can be used as shortcuts and can end up being a speedway. You should check to make sure that the street you choose isn't a high traffic route. You’ll never feel comfortable having your children outside playing if you know that traffic is so dangerous on your street. 



Community Sense


Once you have a family, you suddenly find a need to build a network of other parents and families that are just like you. A good way to tell a family friendly neighborhood could be just taking a peek through it. If you see families outside for a walk together, toys in the front yard, or a thriving neighborhood park, it’s a good bet that your home will be in a family-friendly community.




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