Boston moves fast, and the paperwork here is different from most of the country. Here's how buying a home in Massachusetts works, step by step, and how a Berkshire Hathaway HomeServices Warren Residential agent helps you at each stage, from the first showing to the keys.
Straight answers to what Boston buyers ask us most.
You sign an Offer to Purchase with a deposit, do your inspections, then sign a Purchase and Sale Agreement. Closing happens with attorneys, usually 30 to 60 days later.
You're not required to have one, but a buyer's agent represents your interests, knows local pricing and handles the negotiation. You'll sign a written buyer agreement that spells out how your agent is paid.
It depends on the loan. Some programs allow as little as 3 to 3.5% down, and conventional loans often run 5 to 20%. A lender can walk you through your options before you start touring.
It's the full contract, signed after the Offer to Purchase and your inspection. It sets the closing date, the deposit and your mortgage contingency. Your attorney reviews it before you sign.
Yes. MassHousing offers loans for first-time buyers, and some cities and towns, including Boston, run their own down payment assistance programs. Rules and income limits change, so ask your lender which programs you qualify for.
You deserve to live in the home of your dreams and we want to help facilitate that process.
Contact us for more details.