MYTH: Buy as much house as you can afford.
FACT: It is easy to overspend because you want the most your money can buy. However, it is not wise to max out your home budget.
‘SUMMER SERIES’ KICKOFF: BROOKLINE
This Summer “GET REAL!” with Mildred Wong will be exploring the housing market in some of Boston’s most popular neighborhoods. Each article will highlight its local lifestyle, housing types, buying versus renting, and strength of property investment.
MYTH: Always insist that your agent show you NO FEE apartments only. That way you won’t get stuck with paying a broker fee.
FACT: It is important to view ALL available apartments that fit your needs. EVERY apartment rented through a real estate broker agency comes with a fee equal to one month’s rent.
MYTH: It is not a good time to sell my home during the holidays and Winter months.
FACT: Seasonal trends no longer apply today with the Internet, smart phones, and tablets. Buyers are ALWAYS looking for properties online. The home market is no more affected during the holidays than during other “busy” periods of the year.
MYTH: Since I priced my home competitively, it is fine as-is and updates are not necessary.
FACT: Prospective buyers typically decide whether they will buy a house in the first 15 seconds they spend there. First impressions are lasting impressions.
MYTH: All real estate agents are the same and not always necessary.
FACT: A real estate agent is essential in facilitating a low-stress real estate transaction. You want an agent who will fully guide you through what can be an overwhelming and complicated process, and represent your needs and interests at the negotiating table, so it is important that he/she is someone you feel comfortable with and trust.