Lisa Oleksak-Sullivan - Westfield, MA Real Estate, Longmeadow, MA Real Estate, West Springfield, MA


Ready to submit a home loan application? Ultimately, there are many factors to consider before you finalize your submission, and these include:

1. Your Outstanding Debt

If you have outstanding student loan, car or other debt, you should try to pay it off as quickly as possible. By doing so, you can boost your chances of securing a home loan that matches or exceeds your expectations.

Take a look at your outstanding debt and make a plan to pay down your bills. With a plan in place, you may be able to reduce or eliminate outstanding debt before you complete your home loan application.

2. Your Credit Score

A strong credit score will help a homebuyer get a terrific home loan. Conversely, an inferior credit score is unlikely to do you any favors after you submit a home loan application.

Learn about your credit score before you finalize your home loan application. Then, you can allocate the necessary time and resources to boost your credit score or correct any errors on your credit report.

You are eligible for one free copy of your credit report from each of the three major credit reporting bureaus (Equifax, Experian and TransUnion). Request a copy of your credit report, and you can understand where your credit score currently stands.

Also, if you find any errors on your credit report, contact the credit reporting bureau that provided the report immediately. This will allow you to correct any credit report mistakes and reduce the risk that these errors could impact your ability to secure a home loan.

3. Your Savings

It never hurts to save money, especially if you'd like to purchase a home in the near future. If you start saving today, you may be better equipped than other homebuyers to have the necessary finances in place for a down payment on a house.

In most instances, lenders will require you to have at least a small portion of the purchase price of a home available for a down payment. If you have thousands of dollars available for a down payment, you may be able to boost your chances of getting a "Yes" from a lender after you submit your home loan application.

Getting a home loan may seem like a long, arduous process. Fortunately, many lenders are available to help you secure a great home loan.

Meet with several lenders as you explore all of your home loan options. That way, you can learn about a broad array of home loan options and choose a home loan that matches your finances perfectly.

After you secure a home loan, you'll be able to move one step closer to securing your dream residence. Of course, if you need assistance during the homebuying journey, it never hurts to reach out to a real estate agent as well.

A real estate agent will do everything possible to help you acquire a top-notch residence at an affordable price. Thus, if you employ a real estate agent, you may be able to enjoy a fast, seamless homebuying experience.


A successful home search enables you to discover your dream residence at a budget-friendly price. However, conducting a successful house search may be difficult, particularly for individuals who fail to prepare for the homebuying journey. Lucky for you, there are many things you can do to prevent problems as you search for your ideal home.

Now, let's take a look at three tips to help you complete a successful home search.

1. Refine Your Homebuying Criteria

Think about where you want to reside. That way, you can focus on available houses in your preferred cities and towns – something that will allow you to speed up your quest to find your dream home.

Also, consider your homebuying must-haves. If you have always wanted to own a house with a spacious backyard, for instance, you can hone your home search accordingly. On the other hand, if you require a home that features multiple bedrooms, you can search for a residence that matches your expectations.

2. Establish a Homebuying Budget

A homebuying budget is crucial because it helps you understand exactly how much you can spend on a house. If you get pre-approved for a mortgage, you can start your house search with a budget in hand.

Meet with a variety of banks and credit unions. Then, you can find out how different types of mortgages work and select a mortgage that complements your finances.

In addition, ask questions about home financing. Banks and credit unions are happy to help you make an informed mortgage selection. If you analyze your home financing options closely, you can choose a mortgage that will serve you well both now and in the future.

3. Collaborate with a Real Estate Agent

A real estate agent takes the guesswork out of a home search. In fact, he or she will go above and beyond the call of duty to ensure you can discover your ideal residence without delay.

Oftentimes, a real estate agent makes it easy for a homebuyer to find a terrific house at an affordable price. This housing market professional simplifies a home search and will keep you up to date about residences that match your property buying criteria. Plus, if you want to buy a home, a real estate agent will help you submit a competitive offer to purchase your ideal house any time you choose.

With a real estate agent at your side, you can streamline the home closing process as well. A real estate agent will help you finalize a house purchase and ensure you can move into your dream residence as soon as possible. Best of all, if you have any concerns leading up to a home closing, a real estate agent can respond to them right away.

As you get set to search for your dream home, you may want to start planning for the homebuying journey. Thanks to the aforementioned tips, you can prepare for the homebuying journey and boost the likelihood of quickly finding and acquiring your dream house.


As a homebuyer, it is paramount to establish realistic expectations for the homebuying journey. That way, you can take a step-by-step approach to achieve various goals along this journey and acquire your ideal residence faster than ever before.

Setting realistic homebuying expectations can be simple. Now, let's take a look at three tips to help you set realistic homebuying expectations.

1. Assess Your Home Must-Haves and Wants

Dozens of homes are available in cities and towns nationwide. If you establish realistic homebuying expectations, you may be better equipped than others to determine exactly what you want to find in your dream house. As a result, you could reap the benefits of a quick, seamless homebuying experience.

Oftentimes, it helps to create a list of home must-haves and wants prior to searching for a house. This list can be updated as you proceed along the homebuying journey and will serve as a guide to help you discover your ideal residence.

2. Get Pre-Approved for a Mortgage

With a mortgage in hand, you can narrow your home search to residences that fall within your price range. Then, you can speed up the homebuying journey and find your ideal residence in no time at all.

To get pre-approved for a mortgage, you'll want to meet with banks and credit unions. These financial institutions generally offer a broad array of mortgage options. Examine all of your mortgage options closely, and you're sure to find a mortgage that matches your finances.

Also, don't hesitate to ask mortgage questions when you meet with potential lenders. Banks and credit unions employ friendly, knowledgeable mortgage specialists who are happy to help you in any way they can. Thus, you can gain expert insights from these mortgage specialists that could help you make an informed mortgage decision.

3. Collaborate with a Real Estate Agent

A real estate agent understands what it takes to purchase a home in any housing market. Therefore, he or she can help you prepare for the real estate market and establish realistic homebuying expectations from day one.

Typically, a real estate agent first will learn about your homebuying goals. He or she then will help you map out a successful homebuying journey, one that concludes with you discovering your dream house at a budget-friendly price.

A real estate agent offers plenty of support at each stage of the homebuying journey too. This housing market professional will set up home showings, keep you updated about new residences that become available and help you evaluate houses. And if you want to submit an offer on a home, a real estate agent will make it easy for you to put together a competitive homebuying proposal.

Achieving the optimal results during the homebuying journey sometimes can be difficult. But if you establish realistic homebuying expectations, you may be able to streamline the homebuying journey and ensure that you can purchase a great house that suits you perfectly.


A home showing is a valuable opportunity for a property buyer. In certain instances, buyers will set up dozens of showings to review a wide range of residences. Meanwhile, a buyer sometimes finds the perfect residence during his or her first home showing.

Ultimately, there is no set number of showings that you will need to attend before you find your ideal house. It also is important to note that there is no time limit on a showing, and some showings may be shorter or longer than others.

Regardless of how many house showings you schedule, it is paramount to do everything possible to get the most out of a showing. Lucky for you, we are here to teach you about property showings and ensure you can optimize their value.

Now, let's take a look at three tips to help you prepare for a house showing.

1. Review a Home Listing

A home listing may include various information about a house's age and condition, but you likely will require additional details about a residence before you decide whether to submit an offer to purchase. Fortunately, a home showing enables you to gain additional insights that may be unavailable in a listing.

Take a look at a home listing and put together a list of questions about a home. Then, when you attend a showing, you can receive instant responses to your queries.

2. Give Yourself Plenty of Time

There is no need to rush through a home showing. As such, you should give yourself plenty of time to check out a house and walk through it during a showing.

Oftentimes, it is beneficial to bring a pen and paper so you can jot down notes during a showing too. You also may want to take a camera with you. This will allow you to capture photographs of different areas of a home so you can review them after a showing and decide whether a house is right for you.

3. Consult with a Real Estate Agent

A real estate agent is happy to help you prepare for a house showing. He or she will learn about a home prior to a showing and may be able to provide you with insights that you won't receive elsewhere. Plus, a real estate agent will offer honest, unbiased feedback about a residence and ensure you can make an informed decision about a house.

In addition, if you find a home that suits you perfectly, a real estate agent will help you craft a competitive offer to purchase. And if you ever have concerns or questions during the property buying journey, a real estate agent can provide in-depth responses.

For those who want to get the most out of a home showing, it generally is a good idea to plan ahead. Thanks to the aforementioned tips, you can prepare for a home showing and use this event to analyze all aspects of a residence.


If you discover a house that you want to buy, it generally is a good idea to submit a competitive offer. That way, you can move one step closer to acquiring your ideal residence.

However, the hours after you submit a home offer can be stressful, particularly for a buyer who fails to plan accordingly. Lucky for you, we're here to help you stay calm, cool and collected as you wait to receive a seller's response to your offer.

Let's take a look at three tips to help you get ready to handle a seller's response to your homebuying proposal.

1. Plan for the Worst-Case Scenario

Even the worst-case scenario is not the end of the world for a buyer who is awaiting a seller's response to a home offer. In fact, if a seller rejects your proposal, you can always reenter the housing market and continue your pursuit of your dream home.

As you await a seller's response to your home offer, you should not stop searching for available houses. Because if you continue your home search, you'll have no trouble moving forward in the homebuying journey if a seller rejects your home offer.

2. Consider All of Your Options

If you submit a home offer and a seller says "Yes," what should you do next? Consider how you'll proceed if a seller accepts your proposal, and you'll be better equipped than ever before to enjoy a seamless homebuying experience.

On the other hand, it helps to prepare for a potential counter-offer from a home seller as well. If you are open to negotiating with a seller, you may be able to find common ground with him or her and finalize a home purchase.

3. Consult with a Real Estate Agent

A real estate agent knows all about the stress that is commonly associated with submitting a homebuying proposal. He or she can help you minimize this stress and ensure you can achieve the best-possible results throughout the homebuying journey.

Typically, a real estate agent will work with you to submit a homebuying proposal. This housing market professional then will keep you up to date as you await a seller's response to your offer. And if you have any concerns or questions during this time, a real estate agent is happy to respond to them.

A real estate agent will make it simple to streamline the homebuying journey too. For instance, if a home seller accepts your offer, a real estate agent will be ready to help you move forward with a property inspection and appraisal. Conversely, if a home seller rejects your proposal, a real estate agent will be prepared to work with you to help you discover another house that matches or exceeds your expectations.

The waiting period after you submit an offer on a house may prove to be a challenging time. Fortunately, if you plan ahead for this period, you can maintain your confidence and continue to move forward in the homebuying journey.




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