Thursday, July 29, 2010

The First One!

Well, now I've done it!  I've entered the blogging world!  If there's anybody out there interested in the ramblings of a Realtor(R) with over twenty-five years experience in residential real estate,  I'm your guy!  I've been helping people buy and sell homes across Massachusetts South Shore from Boston to the Cape Cod Canal and (for the most part!) have a satisfied following.  We'll see!  :-)

The world is a whole different place than even a couple years ago.  Gone are the easy deals.  Everything's got a bone in it.  If you're looking to buy a home in the near future, make sure your credit is good.  If your score is less than 700 you're probably going to have problems.  Start paying down your debt.  Make sure everything is on time - don't skip any payments.  Start saving - the more cash you have on hand for down payment and closing costs, the better.  Make sure you keep some extra in reserve for the things you haven't even thought about (Who knew I'd need a lawnmower week after I bought my home?  I can't believe it snowed and I don't have a snowshovel!)  Even the things you are thinking about will cost you more than you think!  Plan ahead and keep some extra cash on hand for after your closing.

If you're thinking of selling your home, know that you'll be getting a lot less for it now that you would have a few years ago.  The good news is that (so longs as you';re staying in the same market) it's all funny money:  whatever you lose on the sale of your home you'll make up on the one you buy.  In an "up market", whatever you make on your sale you'll lose on  the one you buy.

More another time, but let me know what you think.  (If there's anyone out there!)  You can repond here or send me an email at Rick@CoughlinHomes.com.  Check out my web site at http://www.coughlinhomes.com/