Jeffrey Bastress | Leominster Real Estate, Sterling Real Estate, Worcester Real Estate


A home is one of the biggest purchases that an individual can make in his or her lifetime. It also may prove to be expensive, particularly for those who fail to plan ahead for the property buying journey.

There is no need to break your budget to acquire your dream residence. In fact, there are many quick, easy ways to guarantee you can keep you finances in check and avoid the risk of spending too much to purchase your ideal house.

Now, let's take a look at three tips to ensure you can buy a quality house at a budget-friendly price.

1. Get Pre-Approved for a Mortgage

You want to buy a home, but you still have no idea how much you can spend on a residence. Thankfully, if you get pre-approved for a mortgage, you can enter the real estate market with a budget in hand. As a result, you will know exactly how much you can spend on a house and can plan accordingly.

Banks and credit unions employ friendly, knowledgeable mortgage specialists who are happy to meet with you. These mortgage specialists can review your income, credit score and other relevant financial data. Then, they can provide you with mortgage options based on your finances.

2. Narrow Your Home Search

Although most people want to buy a mansion, it is important to establish realistic homebuying expectations. Because if you narrow your home search to properties that fall within your price range, you can speed up the property buying journey. Perhaps most important, you can shop around to find a terrific home that corresponds to your budget.

Don't forget to consider homes in a variety of cities and towns too. In some instances, it may prove to be more cost-effective to purchase a house in a small town than a residence in a big city.

3. Evaluate Your Short- and Long-Term Plans

Think about your short- and long-term plans, and you may be better equipped than ever before to map out your home finances for the foreseeable future.

For instance, if you plan to raise a family in the years to come, you may want to consider the costs associated with childcare and other child expenses. This will allow you to budget properly as you search for your dream home.

On the other hand, if you recently accepted a work promotion, your income soon may rise. In this situation, you may be able to increase your homebuying budget due to the fact that extra income will be coming your way.

Lastly, as you get ready to search for a house, you may want to hire a real estate agent. In addition to helping you find a home that matches your budget, a real estate agent will offer expert guidance throughout the property buying journey. He or she will help you prepare for a home inspection, closing and other important steps during the homebuying process. By doing so, a real estate agent will help you seamlessly navigate the homebuying journey and achieve the optimal results.


Whether you’re buying or selling a home, one of the most important parts of the process is the negotiation phase. This means different things whether you’re buying or selling a home. When you’re selling a home, you’re usually looking to get the most money for your home that you possibly can. If you’re buying a home, you want the lowest possible price for the home. Hence, the reason for real estate negotiations. Buyers and sellers must meet somewhere in the middle. For your consideration, we’ll break down some of the most important aspects of the real estate negotiation process. The Cost Means Different Things As we stated above, buyers want the lowest price, while sellers want the highest price possible for a home. Whatever side you’re on, expect to meet somewhere in the middle. The price of the home has to make sense for both sides. The seller wants the sale of their home to make sense financially and the buyer wants to home to fit into their budget while getting the things they desire out of the home. The Financing Process Is Complicated If you have your mortgage fully approved prior to making an offer, you’ll be able to shorten the closing time of the home. The reason for this is that the preapproval shows that all of the buyer’s finances are in order and there will be no financial problems in the transaction. Sellers often prefer these buyers since they can be trusted to close properly and there won’t any issues with the real estate transaction. The property also won’t be on hold for months on end. The Date Of Closing Matters If sellers need to get their home off of the market fast, they can negotiate when the closing date will be. As a buyer, this matters because the next month’s mortgage payment is skipped once you close on a house. The closing date affects when exactly this payment doesn’t need to be made, which can have a positive effect on your finances when it’s timed right. Closing Costs Are Actually Paid Upfront Escrow is when the mortgage company holds the money for taxes and insurance, which is the prepaid closing costs. Buyers sometimes ask sellers to pay a portion of the closing costs. This could be a flat fee or up to 3 percent of the included mortgage. This could all have an effect on the asking price for the home. Just Like A Car, Homes Can Come With Warranties Buyers can ask for a warranty on the home, or the seller can offer one. This warranty typically covers the home’s appliances and utility systems. This provides a protection if things like the air conditioning or the dishwasher break after a certain period of time and need repair. This may make the home extra enticing to buyers and give sellers an advantage to get their home off the market quickly.

Absolutely Beautiful 3 Bedroom and 2 1/2 Bath Farmers Porch Colonial! Bright and Open Gourmet Kitchen with new Quartz Counters and Stainless Appliances! Open Concept to Dining Room with Hardwood Floors! Finished Sunroom with hardwood Floors Leads to Composite Deck and Wonderful Above Ground Pool! Large Level Totally Fenced Yard! All Floors are Hardwood and Tile Bathroom Floors! Master Bedroom with Cathedral Ceiling, 2 Walk in Closets and Full Bathroom! Very Desirable Neighborhood in Sought After Town of Litchfield and 2 Golf Courses nearby!Come and See This Impressive Home, Pool, Yard, Neighborhood and Location! Very Nice Indeed!

More Info on this Property | New Listing Alerts

Absolutely Beautiful 3 Bedroom and 2 1/2 Bath Farmers Porch Colonial! Bright and Open Gourmet Kitchen with new Quartz Counters and Stainless Appliances! Open Concept to Dining Room with Hardwood Floors! Finished Sunroom with hardwood Floors Leads to Composite Deck and Wonderful Above Ground Pool! Large Level Totally Fenced Yard! All Floors are Hardwood and Tile Bathroom Floors! Master Bedroom with Cathedral Ceiling, 2 Walk in Closets and Full Bathroom! Very Desirable Neighborhood in Sought After Town of Litchfield and 2 Golf Courses nearby!Come and See This Impressive Home, Pool, Yard, Neighborhood and Location! Very Nice Indeed!

More Info on this Property | New Listing Alerts


10 Griffin Lane, Litchfield, NH 03052

Single-Family

$389,900
Price

3
Bedrooms
9
Rooms
2/1
Full/Half Baths
Absolutely Beautiful 3 Bedroom and 2 1/2 Bath Farmers Porch Colonial! Bright and Open Gourmet Kitchen with new Quartz Counters and Stainless Appliances! Open Concept to Dining Room with Hardwood Floors! Finished Sunroom with hardwood Floors Leads to Composite Deck and Wonderful Above Ground Pool! Large Level Totally Fenced Yard! All Floors are Hardwood and Tile Bathroom Floors! Master Bedroom with Cathedral Ceiling, 2 Walk in Closets and Full Bathroom! Very Desirable Neighborhood in Sought After Town of Litchfield and 2 Golf Courses nearby!Come and See This Impressive Home, Pool, Yard, Neighborhood and Location! Very Nice Indeed!
Open House
Sunday
September 09 at 1:30 PM to 3:00 PM
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Location: 10 Griffin Lane, Litchfield, NH 03052    Get Directions