05/22/2025
Important Information for Home Buyer's
Buying a home is probably the largest purchase you will ever make. It’s a highly personal decision that has serious legal, financial and tax consequences. Speak to a experienced Real Estate Broker from the start. Call us and we can give you a referral to a trusted agent.
Know what you can afford to buy. Speak with a reputable mortgage lender, submit a complete loan application, obtain written pre-approval and know your comfortable monthly payment limit before you start looking. Call us and we can give you a referral to a trusted lender.
Take an active role in obtaining a final mortgage commitment. Respond quickly to your mortgage lender’s request for information and follow-up to make sure that your mortgage loan is approved and ready to close on time.
Contract to buy a home (whether called an “Offer to Purchase,” “Contract to Purchase” of “Purchase & Sales Agreement”) are legally binding on you. Make sure you read, understand and agree to all terms of a document before signing. Hire Liwo & McNamara to review the agreements and to protect your interests.
Buyer’s remorse and tardiness can be costly. You could lose your entire deposit if you decide not to buy the home or are unable to complete the deal on time.
Buyer Beware. Thoroughly research the town, neighborhood and house. Hire a licensed home inspector and personally attend the inspection. Don’t be afraid to ask questions!
Hire a lawyer to protect your interests and answer your questions. An experienced real estate attorney will negotiate the contract, advise you on your rights and responsibilities and help you avoid and resolve problems.
Contact us today for a free consultation.
Christopher F. McNamara, Esq.
Liwo & McNamara, P.C.
1 West Water Street, Suite 203
Wakefield, MA 01880
P 781-246-4000 x2
F 781-246-0492
E [email protected]
Website: LiwoMac.com