If you are looking at buying a house in Lowell, MA, then Ken Purtell Realty can help you find the perfect home to suit your needs. We are proud to help people make their home in such a beautiful area. But we know that buying a home can be stressful; it is likely one of the biggest investments a person will make in their life. For all you relatively new home buyers out there, here are some tips to make things go a little easier.

Don’t Move Your Money

As we mentioned, buying a home is one of the biggest investments a person will ever make. Most people end up taking out a loan, so unless you have money to buy upfront, keep your money where it is and don’t make any big purchases on your credit line. Any lenders you talk to will be looking at your paper trail to make sure you are a safe bet. The easier time you have getting a loan for your home, the easier the entire home buying process will be.

Get Preapproved

Speaking of making the loan process easier, getting pre-approved on your loan is a great way to save you hassle down the road. When you get pre-approved, your lender will have looked through all of your financial information to let you know exactly what you can afford. Getting pre-approved has the added benefit of letting you focus solely on your loan, allowing you to make yourself aware of any hidden costs or fees, and letting you pick the best loan rate possible.

Get a Survey Done

There is nothing worse than finding the perfect home, only to find out later that there is a property dispute, and what you thought you had bought is no longer the case. That is not the only issue you can avoid if you get a survey done. Your property size is a major factor in your property taxes, so you want to be sure you are paying the correct amount by getting a survey done.

Don’t Bet on the Market

A lot of people get it in their heads that they will time the market just right so they can get the best deal on a home. The truth is that the market is never completely predictable, and you are basing an important financial decision on what is essentially a bet. The best way to go about buying a home is just waiting for the perfect one that has the most favorable amenities, and that is also well within your budget. You will know when you are comfortable with a home, so don’t second guess yourself.

Biggest Isn’t Best

Biggest is not the best when it comes to buying houses, at least not necessarily. If you have the biggest house on the block, you limit yourself in your reach of customers for a potential resale. Additionally, if your house is the biggest in the neighborhood, then it won’t appreciate in value with lower value houses surrounding it. Plus, big houses can often be a hassle to maintain, which is something to consider for busy prospective homeowners.

Don’t Forget Sleeper Costs

The brand new homeowners out there need to be wary about sleeper costs when they make their budget. Sleeper costs include everything from utilities, to property taxes, to money for future maintenance and repairs. It is something that needs to be prepared for, as these costs can add up significantly, and may make making payments on your house difficult in the future.

Research Home Values

To know the value of a home, you need to know the value of the homes in the area. The city government office can often provide this information for you, and there are plenty of other ways to do this research online as well. It is important to know the worth of your home before you make a decision.


If you are looking at buying a home in Lowell, MA, then give Ken Purtell Realty can help. We can assist you in finding the house of your dreams. Give us a call, and one of our qualified representatives will be happy to answer any questions you may have.