Tracey Fiorelli - Janice Mitchell Real Estate


You want to buy a house, but you know that you need to save as much money as possible for a down payment. Although you've tried to save money in the past, your best efforts have failed to help you collect the funds that you'll need to make a down payment on your dream residence.

Let's face it – saving for a home can be difficult. Fortunately, we're here to offer creative ways to help you get the money that you'll need to make your homeownership dream come true.

Now, let's take a look at three creative ways to save for a down payment on a house.

1. Start a Friendly Competition

Competition often brings out the best in homebuyers. Much in the same vein, you and your friends may be able to compete against one another to see who can save the most money for a down payment on a home.

If you and your friends intend to buy a home together or separately, a friendly competition can make a world of difference in getting the required funds for a down payment. In fact, you can even award the winner of this competition with an "Ultimate Saver" trophy or other fun prizes.

Ultimately, a friendly competition is a great way to have fun with friends and save money for a down payment on a house at the same time. Regardless of who wins the competition, you'll notice that your down payment savings will increase, moving you one step closer to acquiring your ideal residence.

2. Use a Rewards System

Saving for a down payment on a home may seem like a long, arduous process. However, if you build rewards into your day-to-day savings efforts, you can earn incentives as you reach various milestones.

For instance, you may want to reward yourself with a special dinner every time that you reach a savings milestone. Or, you can always celebrate hitting a savings milestone with a trip to the dog park with your puppy.

3. Trim the Fat from Your Budget

It sometimes can be tough to remove cable TV, takeout meals and other excess items from your budget. But if you consider the long-term benefits of these short-term sacrifices, you may be better equipped than ever before to save significant funds for a down payment on a home.

Look closely at your daily, weekly and monthly budgets. Then, you can determine which budget items are essential and which are not and trim the fat from your budget accordingly. This will allow you to speed up the process of saving for a down payment on a house and ensure that you can achieve your homeownership dream faster than ever before.

Lastly, as you prepare to explore available homes, don't hesitate to reach out to a real estate agent for extra help. By hiring a real estate agent, you can get the assistance that you need to discover a great house that falls within your price range.



176 MAPLE AVE, Rutland, MA 01543

Condo

$95,000
Price

4
Rooms
2
Beds
1
Baths
Immediate occupancy !!!! Top floor garden style condo Featuring kitchen with white painted cabinets, new laminate flooring thru out . living room with slider to balcony . Nice size bedrooms with spacious closet . Complex offers deeded parking , inground pool , tennis courts, basketball area ,playground and picnic area. Close to town center , restaurants, and park. MOVE IN READY
Open House
No scheduled Open Houses




This Condo in Fitchburg, MA recently sold for $285,000. This Townhouse,Rowhouse,Half-Duplex,Other style home was sold by Tracey Fiorelli - Janice Mitchell Real Estate, Inc.


62 Green Briar Rd, Fitchburg, MA 01420

Condo

$279,000
Price
$285,000
Sale Price

5
Rooms
2
Beds
2
Baths
VERY RARE AND DESIRABLE 1,630 SF RANCH CONDOMINIUM AT OAK RIDGE ESTATES COMPLEX. WHATEVER YOU'RE LOOKING FOR THIS ONE HAS IT !!! END UNIT WITH LARGE 2 CAR GARAGE, OPEN CONCEPT KITCHEN/LIVING ROOM WITH HARDWOOD FLOORING AND SLIDERS TO PORCH & EXTERIOR. LARGE MASTER BEDROOM WITH FULL BATH. IT ALSO HAS A FIRE PLACE IN THE LR, A BONUS OFFICE/DEN AREA, GAS STOVE WITH MICROWAVE AND OF COURSE THE LAUNDRY AREA IS ON THE MAIN LEVEL. IT EVEN HAS A LARGE PARTIALLY FINISHED BASEMENT !!! GREAT LOCATION ABOUT 1 MILE TO ROUTE 2/31 INTERSECTION. DON'T WAIT ON THIS ONE BECAUSE WE PRICED IT TO SELL VERY QUICKLY.




This Condo in Rutland, MA recently sold for $95,000. This Garden style home was sold by Tracey Fiorelli - Janice Mitchell Real Estate, Inc.


176 MAPLE AVE, Rutland, MA 01543

Condo

$91,500
Price
$95,000
Sale Price

4
Rooms
2
Beds
1
Baths
Deluxe 2 bedroom unit with new wall to wall carpets, freshly painted interior, new slider and windows with spacious front to back living room/dining room combination . Spacious kitchen with space for small dining table , spacious bedroom plus walk in closet in master , complete with balcony . Complex offers in ground pool, tennis courts, play ground and picnic areas Close to town center, restaurants, park and all that Rutland has to offer




Two of the most important ingredients in a successful house-marketing campaign are competitive pricing and making a great first impression on prospective buyers. Although your real estate agent can assist in achieving both of those goals, keeping your home in "show ready" condition will be up to you and your family.

When your home is actively being shown, the process is not unlike a job interview. The main similarity is that you don't get a second chance to make a good first impression. Potential buyers have a mindset that's similar to that of a hiring manager: They are intensely focused on making the right decision. Since the last thing they want to do is make the wrong choice (or a less-than-optimal choice) it's up to you -- the home seller-- to present your home in its best possible light.

Other than keeping your home squeaky clean and your lawn looking as manicured as possible, it's also to your benefit to reduce clutter. A house that's filled with clutter will definitely send the wrong message to prospective buyers searching for their next home. Clutter takes many forms, so it often requires a concerted effort to identify and remedy it. Here are a few key areas to focus on:

Furniture clutter: Having too much furniture in a room or entryway can give visitors the impression that your home is cramped, too small, or disorganized. If you've had a tendency to add furniture to your home, over time -- without putting some pieces in storage -- then you may have inadvertently created a cluttered "look and feel" to your living space

Surface clutter: Have you ever noticed how things that belong in drawers, cabinets, and recycling bins often end up on tables, counter tops, and bookshelves? If that's taking place in your home, rest assured you're not alone! However, if you're preparing to put your home on the market, you'll make a much better impression on potential buyers if you remove as much surface clutter as possible.

Storage-area clutter: Although there's a lot of truth to the saying "Out of sight, out of mind," that usually doesn't apply to preparing your home for the real estate market! Serious house hunters are pretty thorough, and are generally going to glance in closets, basements, attics, and garages. So if you simply move your clutter to another part of the house, it will still be noticed! Granted, your clutter will be less prominent in storage areas, but it will still have a detracting effect on the overall impression your home makes. The solution involves a combination of strategies, including selling or donating unwanted belongings. In some cases, you might even consider renting a dumpster or calling a reasonably priced junk-hauling service to get rid of things you don't want and can't donate, sell, or give away.

It's not always easy to be objective when staging your home or evaluating its marketability, so an experienced real estate agent can provide you with invaluable guidance, advice, negotiating help, and marketing assistance