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Buying a Home - Are you ready?

Buying Verses Renting A Home
When it comes to a home, you have two options: buy or rent.  What is right for one person may not be right for another, which is why it's important to know which is the best option for your individual situation.

Maintenance Matters
As a homeowner, you will be responsible for any maintenance or repair issues that arise.  This is a big consideration when choosing whether to rent or buy.  When you rent, the property owner is responsible for repairs and it may not always be obvious that these issues can be very costly.

How To Know When It's Time To Buy
If you have steady income with a good employment history, can provide a down payment of at least 10-20 percent of the purchase price and are current with all debts, it may be time to consider buying a home instead of renting.  In some cases, the cost of rent may even exceed that of a typical mortgage payment.

When deciding to buy, job stability is a big factor.  If your job does not require frequent relocation and you plan to live in the home for at least 5-10 years, you may want to consider making the purchase. 

Home Buyer's Checklist
If you can answer yes to the following questions, you may be ready for home ownership.  We can help you to find the perfect home based on your individual needs.
·    Have you been steadily employed for at least

one year, but preferably two years?
·    Do you plan to live in the home long enough to build equity?
FIVE QUICK TIPS TO IMPROVE THE DESIRABILITY OF YOUR HOME
1.    TOUCH IT UP: A finished, flawless paint job can enormously increase the value and attractiveness of your home!  Spend some time checking the exterior and interior surfaces-as well as fences, banisters, etc.-and touch up any chipped or peeling paint.
2.    BAKE!  Research has shown that potential buyers are greatly influenced not only by the appearance of a house, but by its scent as well!  Baking cookies or pastry before an open

house or showing will fill your home with a warm, welcoming and comforting aroma that is irresistible to buyers!
3.    COLOR:  In addition to providing a delightful and aromatic scent, fresh flowers brighten up your home and appeal to the buyer's sense of aesthetics.  Add a few arrangements in different rooms to add some color and cheer!
4.    MIRRORS: Mirrors have long been used to give the impression of extra spaciousness in a home.  Adding a few mirrors to different areas of the house-including hallways and bonus rooms-will make the house appear roomy and bright.

5.    LANDSCAPE LUXURY: Paying special attention to your landscaping is absolutely crucial during the selling process.  Keep your lawn freshly mowed, flower beds free of weeds, and add some additional outdoor lighting to brighten up the pathways.
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Dutton Real Estate can help you find Lowell, MA homes for sale, Lowell, MA real estate agents, and information about the Lowell, MA real estate market. Whether you're interested in buying or selling a home in Lowell, MA, Dutton Real Estate can help with all of your needs.

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Dutton Real Estate, LLC
564 Dutton Street  Lowell, MA 01854
(978) 453-5000 | www.DuttonRealEstate.com
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