Tracey Fiorelli - Janice Mitchell Real Estate


If you find your dream house, there is no need to leave anything to chance. But if you submit a "lowball" homebuying proposal, you risk missing out on the opportunity to acquire your ideal residence.

Putting together a competitive offer to purchase can be easy. Now, let's take a look at three tips to help you craft an aggressive homebuying proposal.

1. Study the Housing Market

The housing market fluctuates constantly. If the real estate market favors buyers today, it may shift into sellers' favor tomorrow, or vice-versa. As such, you should study the housing market, determine whether it favors buyers or sellers and craft a homebuying proposal accordingly.

Oftentimes, it helps to look at the prices of recently sold houses in your area, as well as how long these homes were listed before they sold. With this housing market data in hand, you may be better equipped than ever before to differentiate a buyer's market from a seller's market. And as a result, you can boost the likelihood of submitting a competitive homebuying proposal.

2. Know Your Budget

If you know how much you can spend on a house, you can minimize the risk of submitting an offer to purchase that stretches beyond your financial limits.

To establish a homebuying budget, it generally is a good idea to get pre-approved for a mortgage. Banks and credit unions can teach you everything you need to know about different mortgage options and help you select the right mortgage. Plus, if you have any questions as you evaluate your mortgage options, banks and credit unions are happy to respond to your home financing queries.

3. Collaborate with a Real Estate Agent

If you hire a real estate agent, you can submit a competitive offer to purchase on any house. In fact, a real estate agent can offer in-depth housing market insights to help you put together an aggressive homebuying proposal that may receive an instant "Yes" from a seller.

A real estate agent is a homebuying expert who understands what it takes to purchase a home in any housing market. He or she first will meet with you, learn about you and your homebuying goals and create a personalized property buying strategy. Next, a real estate agent will help you pursue houses in your preferred cities and towns until you find one that matches your expectations. And after you discover your ideal residence, a real estate agent will make it simple for you to submit an offer to purchase that fulfills the needs of all parties involved.

Of course, if your offer to purchase your dream home is accepted, a real estate agent will guide you through the final steps of the homebuying process. Or, if your homebuying proposal is rejected, a real estate agent will help you reenter the housing market.

Avoid the danger of submitting a lowball offer to purchase your dream house – use the aforementioned tips, and you can craft a competitive homebuying proposal and move one step closer to acquiring your ideal home.



105 GLENWOOD RD, Rutland, MA 01543

Single-Family

$499,000
Price

7
Rooms
3
Beds
2/1
Full/Half Baths
Custom built executive ranch home nestled on beautiful wooded lot. This fabulous home offers an open floor plan with cathedral ceilings , Brazilian cherry hardwood floors, custom kitchen cabinets with glass front accents, pull out shelving, soft close, oversize center island, granite counters, stainless steel appliances and dining nook overlooking family room and formal dining with picture window. (2) nice size bedrooms joined by private full bath . Spacious master suite with walk in closet , private spa style bath room with walk in shower, soaking tub, double vanity sink and granite counters. Mud room with laundry and half bath lead to over sized 2 car garage . Bonus features of this home include additional space to be finished over the garage , Large basement ready to be finished with walk out and prepped for 3rd car garage
Open House
No scheduled Open Houses

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Custom built executive ranch home nestled on beautiful wooded lot. This fabulous home offers an open floor plan with cathedral ceilings , Brazilian cherry hardwood floors, custom kitchen cabinets with glass front accents, pull out shelving, soft close, oversize center island, granite counters, stainless steel appliances and dining nook overlooking family room and formal dining with picture window. (2) nice size bedrooms joined by private full bath . Spacious master suite with walk in closet , private spa style bath room with walk in shower, soaking tub, double vanity sink and granite counters. Mud room with laundry and half bath lead to over sized 2 car garage . Bonus features of this home include additional space to be finished over the garage , Large basement ready to be finished with walk out and prepped for 3rd car garage

More Info on this Property | New Listing Alerts

This Multi-Family in Lancaster, MA recently sold for $230,000. This style home was sold by Tracey Fiorelli - Janice Mitchell Real Estate, Inc.


2 Neck Road, Lancaster, MA 01523

Multi-Family

$235,000
Price
$230,000
Sale Price

2
Units
2,389
Approx. GLA
This 1846 beautiful home had a fire in 2006. The main Home has been completely gutted, wired with new electricity, rough plumbed for, kitchen,baths, laundry, and heat. Most of the windows have been replaced and a new roof. New boiler and oil tank installed. Needs insulation, kitchen, toilets, sinks, flooring. A great value for the contractor to finish off. The town has this listed as a 2 family. However not sure what needs to be done to make it a legal apartment again since the fire. Home being offered "As is" and seller may leave any personal property as well as the old oil tank on the premises they don't want to remove. All offers due Thursday at 6 PM and will be presented Friday AM




This Single-Family in Lancaster, MA recently sold for $230,000. This Colonial style home was sold by Tracey Fiorelli - Janice Mitchell Real Estate, Inc.


2 Neck Road, Lancaster, MA 01523

Single-Family

$235,000
Price
$230,000
Sale Price

8
Rooms
3
Beds
2/1
Full/Half Baths
This 1846 beautiful home had a fire in 2006. The main Home has been completely gutted, rough wired with new electricity, rough plumbed for, kitchen,baths, laundry, and heat. Most of the windows have been replaced and a new roof. New boiler and oil tank installed and FHW roughed in.. Needs insulation, kitchen, toilets, sinks, flooring. A great value for the contractor to finish off. The town has this listed as a 2 family. However not sure what needs to be done to make it a legal apartment again since the fire. Home being offered "As is" and seller may leave any personal property as well as the old oil tank on the premises they don't want to remove. Contractors and flippers wanted. Also listed as a 2 family MLS #72569492. All offers due Thursday 6PM and presented Friday