Tina McManus | Beverly Real Estate, Salem Real Estate, Hamilton Real Estate, Danvers Real Estate


As you prepare to embark on the homebuying process, you may encounter a variety of homebuying myths. And if you believe these myths, the risk increases that you may be forced to deal with many problems along the homebuying journey.

Now, let's take a look at three common homebuying myths, along with the problems associated with these myths.

1. Buying a house is a quick, stress-free process.

The homebuying process may prove to be long and arduous, particularly for a first-time homebuyer. Fortunately, real estate agents are available to help you simplify the process of acquiring a top-notch residence at a budget-friendly price.

A real estate agent understands the challenges associated with buying a house. As such, he or she can help you identify and address these problems before they escalate.

Typically, a real estate agent will learn about what you want to find in your dream house and help you plan accordingly. With this approach, a real estate agent will ensure that you can enjoy a fast, worry-free homebuying experience.

2. Getting a mortgage won't take long at all.

There are many factors that will dictate your ability to acquire a mortgage that matches or exceeds your expectations. For instance, your credit score, income and outstanding debt will impact a lender's decision to provide you with a mortgage. And if you have experienced financial problems in the past, they may impact your ability to acquire a mortgage today.

It generally helps to get pre-approved for a mortgage before you enter the housing market. Because if you have a mortgage in hand, you can narrow your house search.

Also, it may be beneficial to shop around for a mortgage from several banks and credit unions. If you explore all of the mortgage options at your disposal, you can select a mortgage that suits your finances perfectly.

3. The first home that you see in-person likely will be the house that you'll end up purchasing.

The homebuying process offers no guarantees. And if you expect to buy the first home that you view in-person, you ultimately may be disappointed with the final results of your home search.

Oftentimes, it is a great idea to check out a wide range of houses. By conducting an in-depth home search, you can select a house that fulfills all of your homebuying demands.

As you search for a home, you may want to work with a real estate agent too. This housing market professional can set up home showings and keep you up to date about open house events.

Furthermore, a real estate agent is happy to provide homebuying recommendations and suggestions. He or she will do whatever it takes to help you find a terrific residence, as well as negotiate with a seller's agent on your behalf to ensure you won't have to pay too much to acquire your ideal house.

The aforementioned myths can be harmful to any homebuyer, at any time. If you hire a real estate agent, however, you can learn the ins and outs of the housing market and avoid potential hurdles throughout the homebuying journey.


Buying a home is a process that can seem daunting and even a little scary to most first-time buyers. After all, being a homeowner is a huge financial and personal responsibility.

To make this lengthy process a bit more approachable, we’re going to break it down into five steps. While these five steps may be somewhat different for each person, depending on their own unique situation, they do comprise most home buyer’s experience.

If you’re interested in learning the steps you’ll need to take before owning your first home, read on.

Step 1: Know your long-term goals

Before you buy a home, you’ll want to have a clear understanding of what you, your spouse, and your family want from the next five or more years. You’ll want to make sure the area you’re moving to can provide things like career advancement and opportunity, good schools for your children, and so on.

These questions may seem obvious, but it’s an important conversation to have before making the long-term commitment of owning a home.

Step 2: Your budget and your needs

It might be tempting to hop online and start shopping for houses, but first you should get a clear idea of the size and cost of the house you’re looking for. This involves determining your budget, thinking about your credit and planning for your down payment.

Step 3: Mortgage pre-approval

Getting preapproved for a mortgage can be a great way to gauge the interest late and loan amount you’ll be approved for. You’ll need to gather paperwork, including income information (pay stubs), tax returns, and W-2 forms.

Be aware that lenders will run a detailed credit report. Since credit reports count as an inquiry, they can temporarily lower your credit score by a few points.

Applying to several lenders within a short period of time can make a significant impact on your score. However, it will start to rise again within a few months if you don’t open any new credit accounts or take out other loans.

Step 4: Get an agent

Real estate agents know the ins and outs of the home buying process better than anyone else. They’ll be able to guide you through the process and provide you with information that you can’t get anywhere else.

Step 5: Pick the right home for you

Now it’s time to start home shopping. However, before you begin, remember that getting approved for a loan doesn’t mean you must or should seek to spend the full amount on a home.

Plan for your needs, and keep the future in mind. Someday you might decide to upgrade, but in the meantime you can be building your credit and building equity in a smaller or more frugal home.


A real estate agent is a must-have for homebuyers, particularly in a highly competitive housing market. However, it is important to understand what it takes to work with a real estate professional to ensure you can enjoy a fast, seamless homebuying experience.

What does it take to get the best results from the homebuying journey? Here are three rules to follow so that you and your real estate agent can work together to find your dream house.

1. Establish Realistic Homebuying Expectations Before You Begin Your Home Search

Buying a home can be a long, costly process if you're not careful. But with the right real estate agent at your side, you can simplify your house search.

Ultimately, you should work with a real estate agent to establish clear-cut homebuying expectations before you embark on your search for the perfect residence. This will enable you and your real estate agent to work together to achieve a common goal.

With realistic homebuying expectations, you'll be able to help your real estate agent understand what you'd like to find in your dream residence. Meanwhile, your real estate agent can get to work and keep you up to date about available homes that will meet or exceed your expectations.

2. Understand Your Real Estate Agent's Role in the Homebuying Process

A real estate agent should define his or her role in the homebuying process. That way, you'll know exactly what to expect as you go from homebuyer to homeowner.

Typically, a real estate agent will set up home showings, negotiate with home sellers on your behalf and offer honest, unbiased homebuying recommendations. He or she also should be available to respond to your questions throughout the homebuying journey.

Your real estate agent will be happy to assist you in any way possible. By doing so, he or she will make it simple for you acquire to acquire your ideal residence at a price that matches your budget.

3. Ensure That Both You and Your Real Estate Agent Are Comfortable Working with One Another

Communication plays a key role in the success of a homebuyer and his or her real estate agent. If you keep the lines of communication open with your real estate agent, you should have no trouble staying on top of the housing market.

In most instances, a real estate agent will be able to keep in touch with a homebuyer via phone, email and text. At the same time, you should try to remain available to your real estate agent as much as possible.

With ongoing communication with your real estate agent, you'll be able to stay informed as new properties become available that fit your homebuying criteria. Furthermore, your real estate agent can help you alleviate stress by listening to your homebuying concerns at each stage of the homebuying journey.

Many real estate professionals are available in cities and towns nationwide. Start your search for a real estate agent today, and you can move one step closer to discovering your dream home.


With 24 hours before you finalize your home purchase, you might feel a mix of anxiety and excitement.

What will it be like to finally own a home? How will the home closing process go? And what will I need to do to ensure everything goes seamlessly as you wrap up your home purchase? These are just some of the common questions that homebuyers consider in the hours leading up to a home closing.

It is important to prepare as much as possible before you complete a home purchase. Lucky for you, we're here to help you do just that.

Let's take a look at three tips that you can use to get ready to finish a home purchase.

1. Get Your Paperwork in Order

You may need multiple forms of identification and other essential documents when you close on a home. Thus, you should put together a folder of any must-have documents at least a day in advance.

If you find that documents are missing, retrieve them as quickly as possible. Also, try to get multiple copies of important documents if you can.

When it comes to getting ready for a home closing, it usually is better to over-prepare. Therefore, if you plan ahead as much as you can, you'll have all of the documents you need to complete the home closing process without delay.

2. Finish Any Last-Minute Packing

After you finalize a home purchase, you'll be ready to move in to your new home. As such, you should ensure that all of your belongings are packed up and ready to go.

If you're vacating an apartment, ensure that you've notified your landlord and provided sufficient notice about your upcoming move. That way, you'll be able to finish your rental agreement on good terms with your landlord.

Also, if you need extra help for your move, be sure to reach out to a moving company or family members and friends. And if you require a moving truck, don't forget to rent one in the days leading up to your move.

3. Consult with Your Real Estate Agent

The day before a home closing can be stressful, particularly for first-time homebuyers. If you have any concerns about the home closing process, be sure to consult with your real estate agent.

Your real estate agent likely has been a life-saver throughout the homebuying process thus far and will continue to assist you in any way possible. If you have questions about the home closing cycle, your real estate agent will respond to your queries immediately.

In addition, your real estate agent can teach you the ins and outs about what will happen before, during and after a home closing. He or she will explain what to look for during a final home walk-through, what home closing forms that you'll need to sign and what to expect after a home purchase.

Streamline the home closing process – use these tips, and you can get take the guesswork out of finalizing a home purchase.


When it comes to buying a house, there is no need to deal with a stubborn home seller. However, you may encounter a stubborn home seller, regardless of how well you prepare for your homebuying journey. And if you're not careful, a stubborn home seller may cause you to miss out on an opportunity to purchase your ideal residence.

Don't let a stubborn home seller get the best of you. Instead, use these tips to ensure you can handle negotiations with a stubborn home seller like a pro.

1. Don't Panic

If you are forced to deal with a stubborn home seller, there's no need to get discouraged. Conversely, consider the property seller's perspective, and you may be able to get the best results out of a tough situation.

Open the lines of communication with a home seller – you'll be glad you did. If you maintain open communication, you may be able to find out the root cause of a home seller's stubbornness and plan accordingly.

Also, don't panic if a home seller fails to communicate with you, and try to avoid assumptions at all costs. By doing so, you'll be able to remain calm, cool and collected and maintain your patience as you try to figure out the best way to acquire your dream house.

2. Be Prepared for the Best- and Worst-Case Scenarios

In the best-case scenario, a stubborn home seller will explain his or her demands. Then, you can negotiate with a home seller, find common ground with him or her and work toward finalizing a home purchase agreement.

On the other hand, it is important to understand the worst-case scenario as well.

In the worst-case scenario, you and a home seller may be unable to find common ground. And if this occurs, you should be prepared to walk away from a potential homebuying negotiation and restart your search for the perfect residence.

3. Consult with a Real Estate Agent

Are you unsure about how to deal with a stubborn home seller? There's no need to worry, especially if you consult with a real estate agent.

With an expert real estate agent at your side, you should be able to overcome any potential homebuying hurdles.

An expert real estate agent will act as a liaison between you and a home seller. He or she will learn about the needs of a homebuyer and home seller and ensure both parties can achieve their ideal results.

Furthermore, an expert real estate agent can respond to any homebuying concerns and questions. This housing market professional can teach you about the ins and outs of purchasing a residence and provide honest, unbiased homebuying recommendations. As a result, a real estate agent can help you simplify the homebuying process and ensure you can secure a first-rate house that matches or exceeds your expectations.

Ready to streamline the homebuying journey? Take advantage of the aforementioned tips, and you can get the support you need to deal with a stubborn home seller.




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