Tricia Cyr | Guilford Real Estate, Branford Real Estate, Madison Real Estate


Establishing a homebuying budget can be tough. But for those who want to secure a terrific home at an affordable price, entering the housing market with a budget in hand can make it easy to accelerate the homebuying cycle.

Now, let's take a look at three questions to consider about a homebuying budget.

1. How much money have I saved for a home?

Examine your finances and see how much money is readily available for a home purchase.

Remember, the more money that is at your disposal, the more likely it becomes that you'll be able to secure your dream residence in no time at all.

Although savings are important, it is essential to note that those who have little to no money saved still have plenty of time to get ready for the homebuying journey. And if you start saving a little bit each day, you can move closer to accomplishing your homeownership dreams.

2. Do I need to get a home loan?

In most instances, a homebuyer will need to obtain a home loan so he or she can purchase a residence. Luckily, many lenders are available to help you discover a home loan that matches or surpasses your expectations.

Meet with a variety of lenders in your area – you'll be glad you did. Each lender can provide insights into assorted home loan options, explain how each home loan works and respond to your home loan concerns and questions.

Also, it often helps to get pre-approved for a mortgage. If you have a mortgage available when you enter the real estate market, you'll know exactly how much you can spend on a residence, thereby reducing or eliminating the temptation to overspend on a house.

3. How will my monthly expenses change after I buy a house?

Owning a home is different from renting an apartment. As such, you'll want to account for all potential expenses as you create a homebuying budget.

For example, a homeowner will be responsible for any home cable, internet and phone bills. This property owner also will need to consider any home maintenance costs like those associated with mowing the lawn in summer or removing snow from the driveway in winter.

Crafting a homebuying budget that accounts for your personal finances can be tricky. If you need additional support along the way, lenders may be able to provide expert tips to ensure you can acquire a wonderful house without exceeding your financial limitations.

Lastly, don't forget to reach out to a real estate agent for help along the homebuying journey. A real estate agent is a housing market professional who will go above and beyond the call of duty to assist you in any way possible. From setting up home showings to negotiating with home sellers on your behalf, a real estate agent will make it easy for you to secure a superior home at a budget-friendly price.

Consider the aforementioned homebuying budget questions, and you can speed up the homebuying process.


Want to relocate to a condo? Buying a condo can be an uphill climb, particularly for homebuyers who are browsing the real estate market for the first time. Fortunately, real estate agents are available who will allocate the necessary time and resources to ensure you can find a top-notch condo in no time at all.

Ultimately, hiring the right real estate agent to assist you during your condo search can be easy. Here are three questions that you should ask a real estate agent before you hire him or her to guide you during your condo search:

1. How have you helped condo buyers in the past?

Ask a real estate agent about his or her past experience with condo buyers – you'll be glad you did. With this information at your disposal, you can find out how a real estate professional collaborates with condo buyers to help them achieve their goals.

A real estate agent should be a good communicator, i.e. someone who keeps condo buyers informed at each stage of the condo buying journey. That way, this real estate professional will keep you up to date about new condos as they become available and ensure you can find a great condo at a budget-friendly price.

When in doubt, be sure to ask for client referrals too. By doing so, you can reach out to a real estate agent's past clients to learn about their condo buying experiences.

2. How do you approach difficult situations?

Unfortunately, the condo buying journey sometimes can be filled with roadblocks along the way. For real estate agents, it is important to remain calm, cool and collected in these situations and do everything possible to limit their impact.

Ask a real estate agent to share details about past condo buying experiences that did not necessarily go according to plan. This will provide you with insights into how a real estate agent approaches unforeseen circumstances and whether he or she can thrive under pressure.

A real estate professional with condo buying experience should do whatever it takes to help his or her client get the best results possible. With this real estate agent at your side, you should have no trouble securing your dream condo, regardless of the challenges that you encounter along the way.

3. Why should I hire you?

There is no right or wrong answer as to why you should hire a real estate agent to help you find a condo. For many condo buyers, it is a gut feeling. Meanwhile, other property buyers will choose a real estate professional based solely on his or her education and past successes.

As a condo buyer, it is important to employ a real estate agent who you will feel comfortable working with at all times. This real estate professional should be happy to help you in any way possible and respond to your condo buying concerns and queries. In addition, he or she will go the extra mile to ensure you can buy a terrific condo that matches or exceeds your expectations.


Enjoying a seamless home buying journey may seem virtually impossible, particularly for a first-time property buyer. Fortunately, there are lots of things you can do to boost the likelihood of quickly and easily finding your dream house, such as:

1. Hone Your Home Search

Consider where you want to reside and the features you want to find in your ideal residence. That way, you can hone your house search accordingly.

As you review potential home destinations, consider your short- and long-term goals. For instance, if you want to work in a big city, you may want to search for houses in or near a city that matches your expectations. Or, if you intend to start a family soon, you may want to pursue homes near parks and other family-friendly attractions.

Furthermore, make a list of home features you want to discover in your dream house. With this list in hand, you can focus on finding a home that you can enjoy for years to come.

2. Get Pre-Approved for a Mortgage

A mortgage usually is a must-have for a homebuyer. If you enter the real estate market with a mortgage in hand, you could speed up your house search.

Meet with a variety of banks and credit unions. This will allow you to learn about myriad mortgage options.

In addition, don't hesitate to ask mortgage questions. A mortgage sometimes is confusing, and as such, it helps to get plenty of information about a mortgage before you start a house search. If you consult with mortgage specialists at banks and credit unions, you can gain the insights you need to make an informed mortgage selection.

3. Establish Realistic Expectations

Although you likely want to find your dream residence as quickly as possible, it is important to remember that the home buying journey often has ebbs and flows. If you establish realistic home buying expectations, you can avoid potential disappointments as you search for your ideal residence.

Sometimes, it helps to consider the worst-case home buying scenarios. If you plan ahead for these situations, you can determine the steps you will need to take to avoid them altogether.

You may want to collaborate with family members and friends during your home search as well. With loved ones at your side, you can receive plenty of support and guidance as you conduct a home search. Plus, your loved ones can help you keep things in perspective, even if the home buying journey becomes stressful.

When it comes to finding and buying a home, you may want to employ a real estate agent, too. A real estate agent understands the ins and outs of the home buying journey. They will learn about you and your home buying goals, and help you plan properly. Thus, a real estate agent can provide you with the support you need to enjoy a seamless home buying journey.

Ready to conduct a successful home search? Take advantage of the aforementioned tips, and you can navigate the home buying journey like a pro and quickly discover your dream home.


You know you want to pursue a home, and as such, likely plan to attend lots of house showings in the near future. Before you check out a residence in-person, however, it generally is a good idea to prepare as much as possible. That way, you can use a home showing to learn about a residence, evaluate a house's pros and cons and determine if a particular home is right for you.

Ultimately, there are many factors to consider before you attend a home showing, and these factors include:

1. Your Home Must-Haves

It often helps to make a list of "must-haves" prior to launching a house search. With this list at your disposal, you can narrow your home search and schedule showings for residences that offer the features you want.

You may want to put together a list of preferred cities and towns, too. This list will help you hone your house search to residences in cities and towns where you want to live. Then, you can set up showings to view residences in these areas.

2. Your Homebuying Budget

You likely have only a finite amount of money you can spend on a residence. If you start a house search with a budget in hand, you can search for homes that fall in line with your finances and schedule property showings accordingly.

Typically, it helps to get pre-approved for a mortgage. If you meet with a variety of banks and credit unions, you can learn about different home financing options. You then can select a mortgage and start to schedule showings for residences that correspond to your budget.

3. Your Homebuying Timeline

If you want to buy a house as quickly as possible, you may want to start scheduling home showings right away. This will enable you to find and relocate to a new home without delay.

On the other hand, if you can afford to be patient, you may want to take a wait-and-see approach to home showings. In this scenario, you may want to keep a close eye on the housing sector in your preferred cities and towns. Because if you do so, you can pounce at opportunities to view quality residences as soon as they become available.

As you get ready to pursue your ideal residence, you may want to hire a real estate agent as well. A real estate agent can set up home showings and offer tips and recommendations to help you streamline your house search. In addition, if you ever have questions during the homebuying journey, a real estate agent can instantly respond to them.

When it comes to home showings, it may be beneficial to prepare. If you consider the aforementioned factors prior to a house showing, you may boost the likelihood of finding your dream house. Perhaps best of all, you could speed up your home search and discover a great residence that you can enjoy for years to come.


If you want to quickly find and acquire your dream house, it generally is beneficial to narrow your property search. Because if you focus on available homes in a select group of cities and towns, you may be able to speed up the process of buying your ideal residence.

Now, let's take a look at three tips to help you locate your dream home.

1. Consider Your Short and Long-Term Aspirations

Think about where you want to be in the next few years. Then, you can map out your home search based on your short- and long-term goals.

For instance, if you currently work in a big city and intend to stay with your company for many years, you may want to search for a residence in the city itself. Or, if you plan to start a family soon, you may want to focus on houses near parks and schools.

You should try to be flexible as you begin a home search too. Remember, even the best-laid plans won't necessarily come to fruition. But if you maintain flexibility, you could find a home that will suit you perfectly both now and in the future.

2. Create a Budget

The homes in large cities tend to be more expensive than those in small towns. Fortunately, if you craft a homebuying budget, you can determine where you can afford to reside and plan accordingly.

Oftentimes, it helps to get pre-approved for a mortgage. If you meet with banks and credit unions, you can learn about myriad home financing options. Next, you can select a mortgage and enter the real estate market with home financing in hand.

If you have concerns as you pursue a mortgage, don't hesitate to ask questions. Banks and credit unions employ expert mortgage specialists, and these professionals are happy to provide you with the insights you need to make an informed home financing decision.

3. Collaborate with a Real Estate Agent

If you are uncertain about how to approach a home search, there is no need to worry. In fact, you can hire a real estate agent who can help you identify your dream residence.

A real estate agent is dedicated to client satisfaction, and he or she will work with you to make your homeownership dream come true. First, a real estate agent will help you narrow your house search. This housing market professional then will keep you up to date about available homes in your preferred cities and towns. Once you find a house you want to buy, a real estate agent will help you submit a competitive offer to purchase this residence. Finally, when you are ready to close on a house, a real estate agent will help you complete your home purchase.

Dedicate time and resources to find your dream house – you'll be glad you did. Thanks to the aforementioned tips, you can accelerate the process of locating your ideal residence and acquire a house that can serve you well for years to come.




Loading