Ginny Martins & Associates Has Answers!

1. How Should I Start the Process?

•  Contact us about getting pre-approved so you can set a budget and figure out what you will be able to afford for a down payment. Use our handy mortgage calculator to see what a monthly mortgage payment might look like for you.
• Start researching the many communities in and around MetroWest to see which might be the right fit for you. Explore local communities.
• Whether you're a first-time buyer, or an experienced homeowner, please read our comprehensive home buying guide. 

2. How Do I Make My Wishlist?

• Take some time to decide what's important to you - proximity to amenities, schools, yard sizes, noise, commute, highway access. This will help you identify a neighborhood that may be of interest to you.
• Review home features you might want and those you'll need, from size to style to overall condition. Having a good idea of what you're looking for will save you time. Do you need a two-car garage? Is central air conditioning a must have?
• Browse our featured communities, or start searching homes by amenities and features.

3. Do I need a real estate agent to buy a home?

• In this market of low inventory, it is almost 100% necessary to use an experienced real estate agent, not only who can get you into see a house that may be by appointment only, but who can assist you through a multiple offer scenario.
• A good real estate agent will guide you to the right people to support you through the process such as a quality lender and knowledgeable attorney.
• An experienced local real estate agent will be an expert and can provide vital insight into its neighborhoods and communities.
• A quality real estate agent will guide you through the complicated paperwork.

4. Where and How Can I Get a Loan?

• Mortgage loans are typically available through banks, credit unions, private mortgage companies, and government state lenders.
• We can help connect you with lenders. You can also shop for lenders on your own and compare rates. Calling local government agencies can also be a good idea to find out more about programs that might be available to you.

5. What if I Have Bad Credit or No Down Payment?

• You might qualify for a federal mortgage program or local home buying assistance program.
• The Federal Housing Administration (FHA) helps home buyers by offering insured loans. This means that if the buyer defaults, the lender will still get their money. Insured loans encourage lenders to work with more buyers regardless of their credit or available down payment.
• Many state and local governments offer additional programs for buyers who meet various criteria or are buying within individual communities.
• The Department of Housing and Urban Development (HUD) also offers many assistance programs to home buyers.

6. Once I Find My Home, What Will I Have to Pay Up Front?

• Earnest money: This is the "security deposit" you pay when you submit your offer to prove to the seller that you are serious. After your offer is accepted, it is applied to your down payment.
• Down Payment: This is a percentage of the cost of your home. The amount will depend on your loan; government programs can help you decrease this amount.
• Closing Costs: Please refer to the Ginny Martins & Associates Buyer's Guide.

I Still Have Questions!

That's easy! Contact us today and we can answer any of your home buying questions about homes for sale and real estate in the MetroWest communities.

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