Kristen Dailey | Hanover Real Estate, Braintree Real Estate, Weymouth Real Estate


If you want to buy your dream house in the near future, you likely will need to put together a competitive offer to purchase. That way, you can boost the likelihood of receiving an immediate "Yes" from a property seller after you submit your homebuying proposal.

Ultimately, it helps to know what differentiates a competitive homebuying proposal from a lowball one. If a homebuyer understands what to offer for a residence, he or she should have no trouble purchasing the right residence at the right price.

To better understand how to acquire your dream house at the lowest-possible price, let's take a look at three tips to help you determine what to offer for a residence.

1. Study the Housing Market Closely

The housing market experiences ebbs and flows. Therefore, a real estate sector that favors homebuyers one day may favor home sellers the next. And if you fail to learn about the current state of the real estate market, you may struggle to put together a competitive offer to purchase your ideal residence.

Analyze the prices of available houses in your area, the prices of recently sold houses in your preferred cities and towns and other housing market data. With this information in hand, you can find out whether you're operating in a buyer's or seller's market. Then, you can craft an offer to purchase your dream residence that accounts for the present state of the real estate market.

2. Weigh the Pros and Cons of Your Dream Home

No house is perfect, and even your dream home may have its fair share of flaws. Fortunately, a homebuyer who assesses the pros and cons of a house may be better equipped than ever before to submit a competitive offer to purchase this residence.

If you view a house multiple times, you can learn about all aspects of this home and assess any property damage. After you obtain these home insights, you can create a competitive offer to purchase that accounts for the house's current condition.

3. Collaborate with a Real Estate Agent

When it comes to purchasing a house at a price that matches your expectations, it generally is beneficial to work with a real estate agent. This housing market professional will do everything possible to help you buy your dream home at a price that fits your budget.

A real estate agent understands the ins and outs of the real estate sector and can help you map out a successful homebuying strategy. He or she first will offer insights into available homes in your preferred cities and towns. Next, when you find your dream residence, a real estate agent will help you craft a competitive homebuying proposal. And if your offer to purchase is accepted, a real estate agent will make it easy to navigate the final steps of the homebuying journey.

Ready to streamline your quest for your ideal house? Use the aforementioned tips, and you can improve your chances of acquiring your dream home at a price that you can afford.


If you intend to buy a house, it generally is a good idea to establish realistic property buying expectations. That way, you can plan ahead for the homebuying journey and avoid potential problems that otherwise may prevent you from achieving your desired results.

Now, let's take a look at three tips to help you manage your expectations as you pursue your dream residence.

1. Create Homebuying Criteria

With homebuying criteria, you can determine exactly what you want from your dream residence. Then, you can narrow your house search and speed up your quest to discover your ideal home.

Think about where you want to live. For instance, if you prefer the hustle and bustle of the big city over life in a small town, you may want to hone your house search to properties in the city of your choice. Or, if you have always dreamed about owning a home near the beach, now may be the ideal time to transform your dream into a reality.

Don't forget to consider the features you want from your dream home too. Make a list of home must-haves and wants, and you can streamline your home search.

2. Set Homebuying Goals

Establishing homebuying goals can help you build a roadmap for your home search. This roadmap then will enable you to identify potential homebuying hurdles and resolve such issues before they escalate.

Homebuying goals can guide you along the homebuying journey. You can create as many or as few goals as you'd like, and by doing so, simplify your search for your ideal residence.

In addition, it is important to be flexible with your homebuying goals. And remember, if you fail to accomplish a homebuying goal by a specific date, you can always adjust your homebuying roadmap as needed.

3. Collaborate with a Real Estate Agent

If you are unsure about what to expect during the homebuying journey, there is no need to stress. In fact, you can hire an expert real estate agent who can help you establish realistic property buying expectations from day one.

A real estate agent first learns about you and your homebuying goals. He or she next will put together a personalized homebuying strategy for you and ensure you can complete a successful property buying journey.

As you search for your dream home, a real estate agent will set up home showings and keep you up to date about new houses that meet your homebuying criteria. He or she also will help you submit an offer to purchase on any house you want to acquire. And once an offer to purchase is accepted, a real estate agent will help you navigate the final steps of the property buying journey.

Ready to begin your search for your dream residence? If you understand how to manage your homebuying expectations, you should have no trouble achieving the best-possible results at each stage of the homebuying journey.


Enjoying a seamless home buying journey may seem virtually impossible, particularly for a first-time property buyer. Fortunately, there are lots of things you can do to boost the likelihood of quickly and easily finding your dream house, such as:

1. Hone Your Home Search

Consider where you want to reside and the features you want to find in your ideal residence. That way, you can hone your house search accordingly.

As you review potential home destinations, consider your short- and long-term goals. For instance, if you want to work in a big city, you may want to search for houses in or near a city that matches your expectations. Or, if you intend to start a family soon, you may want to pursue homes near parks and other family-friendly attractions.

Furthermore, make a list of home features you want to discover in your dream house. With this list in hand, you can focus on finding a home that you can enjoy for years to come.

2. Get Pre-Approved for a Mortgage

A mortgage usually is a must-have for a homebuyer. If you enter the real estate market with a mortgage in hand, you could speed up your house search.

Meet with a variety of banks and credit unions. This will allow you to learn about myriad mortgage options.

In addition, don't hesitate to ask mortgage questions. A mortgage sometimes is confusing, and as such, it helps to get plenty of information about a mortgage before you start a house search. If you consult with mortgage specialists at banks and credit unions, you can gain the insights you need to make an informed mortgage selection.

3. Establish Realistic Expectations

Although you likely want to find your dream residence as quickly as possible, it is important to remember that the home buying journey often has ebbs and flows. If you establish realistic home buying expectations, you can avoid potential disappointments as you search for your ideal residence.

Sometimes, it helps to consider the worst-case home buying scenarios. If you plan ahead for these situations, you can determine the steps you will need to take to avoid them altogether.

You may want to collaborate with family members and friends during your home search as well. With loved ones at your side, you can receive plenty of support and guidance as you conduct a home search. Plus, your loved ones can help you keep things in perspective, even if the home buying journey becomes stressful.

When it comes to finding and buying a home, you may want to employ a real estate agent, too. A real estate agent understands the ins and outs of the home buying journey. They will learn about you and your home buying goals, and help you plan properly. Thus, a real estate agent can provide you with the support you need to enjoy a seamless home buying journey.

Ready to conduct a successful home search? Take advantage of the aforementioned tips, and you can navigate the home buying journey like a pro and quickly discover your dream home.


Shopping for a house is a high-stakes game. If you’re a first-time buyer, it can be difficult to gauge the value of various components and features of a home. Appraisals are designed for just this reason.

However, an appraisal is a subjective tool to determine a rough estimate. Furthermore, there are a number of things you can’t learn from an appraisal--such as how convenient the home would be for your work commute.

In this article, we’re going to help you, the homebuyer, determine the true value of a home as it would mean to you in your everyday life. Read on for tips on finding out the value of that home you’ve been dreaming of and deciding whether it’s really the best home for your budget.  

Appraisals are a baseline

When lenders are in the process of approving your home loan, they’ll want to decide whether the home you’re buying is worth the amount you’re paying. To achieve this, they’ll typically hire a third-party appraiser.

Find out from your lender which appraiser they use and read their online reviews. This will ensure that they’re a trustworthy source of information. Also be sure to check that the appraiser is certified and that they work with a diverse range of clientele (not just your lender!).

Since you’ll likely be paying the appraisal fee as part of your closing costs, make sure you’re happy with the appraisal and appraiser.

Key appraisal factors

After the appraisal, consider getting a second opinion or inspection of any of the key components of your home that may impact the appraisal. Some of these factors include:

  • The roof, HVAC system, and septic systems

  • The energy-efficiency of the home

  • The current market value in the area

  • The general upkeep of the home--a few cosmetic problems shouldn’t affect the home value much, but serious neglect can cause long-lasting and expensive issues like mold, water damage, pest invasion, and more

What an appraisal can’t tell you

Now that we’ve discussed the nuts and bolts of home value, we have to venture into what value means to you and your family. You’ll need to ask yourself a series of questions, and some of them won’t have a cut-and-dry answer.

First, how well does this home fit into the work life of you and your spouse? Will it mean a shorter commute, and therefore lower transportation costs and more free time? Putting a dollar value on an extra thirty minutes not spent in traffic can be difficult, but it’s a worthwhile exercise to take part in.

Furthermore, does the house have features that will make it a better asset in years to come? Energy-efficiency, proximity to in-demand schools, businesses, etc., can all be selling points for future buyers that are willing to pay more for your home.


Using a combination of a certified appraisal and some introspection, you should be able to come to a confident conclusion as to the value of the home as it means to you and your family.


When you put your home up for sale, it can be an emotional time. You need to say goodbye to a place where you have lived for at least a small portion of your life. You created memories in that home, and now, it’s the job of a new family to make new memories. 


Once the home is well on its way to being sold, there will be an appraisal of the property. It’s scary as a seller to think that the appraisal has the ability to actually halt the entire sale of the home. It can be a confusing process, to say the least, to have your home appraised. You have determined your listing price and received an offer on the home already. It seems like backtracking to value the home after this part of the sale process is complete. 


The Appraisal Removes The Tension


The appraisal is one of the factors that bridges the worlds of the buyer and the seller. As a seller, the things that you think add value to your home may not be all you have hoped them to be. As a buyer, you want to be sure that you’re paying a fair price for the home. Below, you’ll find some common myths about home appraisals and the truth about them. 


The Appraisal Is Not The Same As An Inspection


The home inspection is used as a tool to protect the buyer. Although the appraisal is used as a protection for the buyer, the two are separate entities. The inspector looks at everything in the home that can be a problem including leaks, cracks, and faulty electrical systems. The home appraiser is simply meant to find the objective market and the estimated value of the home in that market.


The Appraisal Isn’t How Much The Buyer Will Pay


While the appraisal gives a good estimate of the value of a home, it doesn’t take every single factor into account. It’s one version of how much the home should be priced at. What the appraisal does affect is the contract on the home. 


If the appraisal doesn’t match the contract price, let’s say that the home is appraised lower than what you’re paying for it, the lender will not make up the difference. It can become a discussion between the buyer and the seller to see who will pay for the additional uncovered cost of the home. The buyer can pay the difference themselves. The seller may decide to cover the difference themselves. Either way, this is where the home buying process can get kind of messy.


Bigger Homes Don’t Necessarily Appraise For More Money


Just because a home is bigger, doesn’t mean that it’s worth more than the smaller home next door. A larger home could have issues with age such as an older roof, or less complex fixtures. If a smaller home is more updated, it very well could appraise for more. Don’t count on the square footage to dictate the appraisal price of a home.




Loading