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Deciding to purchase real estate in Belmont is not a decision that should be taken lightly or pursued in a casual manner. Pursuing the dream of owning a home or investment property in Belmont, MA, is something that will most likely take a lot of time, money and energy. Most likely, purchasing real estate in Belmont will be one of the biggest monetary investments of your life. There are 3 steps that must be taken as a part of the buying process in order to ensure a successful purchase of your new Belmont property.
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Step 1 - Consultation with a Belmont, MA Real Estate Agent

There are a number of different stages to the buying process that must be understood by all parties. Consistent communication with your local Belmont real estate agent is key. In order for a real estate agent in Belmont to best represent you, you must have a full picture of your wants, needs and goals. Once you have a clear understanding of your real estate objective, your Belmont Real Estate Broker can go to work and make it happen.

A professional real estate broker does not just show real estate. The Belmont Real Estate Agent must understand your whole financial picture and the mortgage process, as it will pertain to you as a buyer. Work with local real estate agents in Belmont that have relationships with key lenders in order to find the best financing program for you. You have to know your purchase and possible selling time frames. You need to know when you anticipate owning your new Belmont home and when you are going to try and sell your current residence, if applicable. Try to work with your real estate agents that understand your entire real estate picture so that they can best provide a strategy of success. You can begin your search below!

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Step 2 - Research

Here is the fun part! In order to find the right property in Belmont, MA, you are most likely going to have to look at a significant number of units. Finding a great Belmont property is not easy! Start blocking out time now. You cannot properly preview a building in five minutes. Plan on spending at least a few hours at a time for showings.

There is a lot to be seen at a property and take into account that the Belmont area may have traffic so give yourself enough time to not be rushed. Your Belmont broker is your set of trained eyes, but you will be learning and taking notes as you go, so plan ahead. You do not want to miss anything! There is no rule for how long it takes to find the right property. Some clients are decisive and find the right place within a few weeks and some take months. The most important component to finding great real estate in Belmont is being consistent and also willing to act fast and decisively, if you feel it is a great deal for you!

Step 3 - Offer & Closing Process

Once you have found the right Belmont property, you can turn over the reins to your expert real estate agent. Your local Belmont agent should complete a comparative market analysis on the property to give you a recommendation based on all of the other properties that have sold recently in the area. This is a very important piece of the process because it will determine your strategy when it comes to submitting an initial offer and negotiating the best price and terms for the Belmont property of your dreams!

Terms of your Belmont real estate purchase are equally as important as price, and sometimes more. Terms that will be a part of the offer include your financing contingency, a home inspection, satisfactory review of condominium documents (if applicable) and a mutually agreeable Purchase & Sale document that will further bind the transaction. Please note that there can be a number of contingencies to the purchase of any property. In order to have an accepted offer, you must have a fully executed offer by both buyer and seller and a deposit, which serves as consideration.

Once your offer is accepted on your Belmont property, a standard time frame in which you start to comply with your contingencies prior to signing a P&S is 10-14 days. At the signing of the P&S, an additional deposit is put down to further bind the transaction. A normal time frame from P&S until closing is an additional 14-45 days, depending on your financing and other contingencies.

Please note that it is always recommended that you also work with a local Belmont real estate attorney or Boston real estate attorney. They are an important part of your team and further serve to guide you through the Belmont real estate purchase process.

You can automatically receive personalized Belmont area listings by email. Early each morning we search the Multiple Listings Service and find the Belmont homes that match your criteria and notify you immediately with the latest listing information.

Post-Closing

Your relationship with your Belmont real estate agent should be on-going with further communications and follow-ups at various times. A Belmont real estate professional will always be there for you to help provide advice and further market analysis, if needed throughout the ownership process. Your real estate agent in Belmont should always be in touch with tips, advice, and updates on the real estate sales and apartment leasing marketplace. They should be there for you and always help give you the best possible advice- always feel free to ask them further real estate questions. Your Belmont real estate agent should be able to recommend contacts and references for local Belmont services, such as: contractual work, plumbers, electricians, interior designers, landscapers, snow removal as well as any additional services associated with property ownership. Many of the real estate agents found on this website have extensive local networks within the greater Belmont area that can help maintain or increase the value of your Belmont, MA property.

Automatically receive personalized listings by email. Early each morning we search the Multiple Listings Service and find the Belmont area properties that match your criteria and notify you immediately with the latest listing information.

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We have extensive resources and experience with real estate sales in Belmont and can assist you with the purchase of property.
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