Patricia Soucy | Rutland Real Estate, Holden Real Estate, Oakham Real Estate


Ready to acquire your dream home? Although you might have already located your ideal residence, you may need to negotiate with a home seller. By doing so, both you and a home seller will be satisfied with the final results of a property transaction.

However, a homebuying negotiation sometimes can be tricky. And if you fail to keep your cool throughout a negotiation, you may miss out on the opportunity to purchase your dream residence.

What does it take to remain calm during a homebuying negotiation? Here are three tips to help you do just that.

1. Take Your Emotions Out of the Equation

Don't take it personally if a home seller wants to negotiate. Instead, view it as an opportunity to ensure all parties involved in a home sale get the best results possible.

In many instances, it's easy for homebuyers to let their emotions get the best of them. But if you feel overwhelmed by stress and frustration, it is essential to take a step back and assess the situation. That way, you can avoid making any rash decisions that could put your chance to purchase a top-notch house in danger.

Try to maintain a positive outlook throughout a homebuying negotiation. Also, don't hesitate to reach out to family members and friends for support, as these loved ones likely can help you analyze any homebuying hurdles and find ways to overcome them.

2. Know Your Options

You may invest many hours in a homebuying negotiation, and you might even make various concessions along the way. But despite your best efforts, there are no guarantees that your homebuying negotiation will be successful.

For homebuyers, it is important to remember that there are plenty of houses available in cities and towns nationwide. Therefore, if a homebuying negotiation goes sour, you can walk away and start a new search for a terrific home.

3. Consult with Your Real Estate Agent

When it comes to negotiating a home purchase, a real estate agent can make it easy to streamline the process of acquiring your dream residence. This housing market professional can serve as a liaison between you and a home seller. As such, he or she will do everything possible to deliver exceptional results for all parties involved in a homebuying negotiation.

Your real estate agent can take the guesswork out of a homebuying negotiation. This real estate expert can respond to any concerns or questions you may have throughout a negotiation. In addition, he or she will provide honest, unbiased recommendations to help you make informed homebuying decisions.

Perhaps best of all, your real estate agent can help you alleviate stress during a homebuying negotiation. He or she will provide you with world-class guidance, enabling you to stay calm, cool and collected as you search for your ideal residence.

Don't let your emotions overwhelm you during a homebuying negotiation. Conversely, use the aforementioned tips, and you can maintain your composure throughout a homebuying negotiation and boost your chances to acquire a first-rate house.


Looking to move out of a big city? Relocate to a small town, and you can enjoy the simple joys of small town life.

Many people prefer the small town lifestyle, and for good reason. In a small town, you won't have to worry about excess traffic or noise. Plus, many homes are available in small towns nationwide, ensuring you should have no trouble discovering a wonderful residence without having to worry about breaking your budget.

Kick off your search for a small town home today – here are three tips to help you secure a terrific small town house.

1. Study the Local Housing Market Closely

What are you looking for in a small town home? Ultimately, you'll want to consider exactly what you'd like to find in a small town house before you conduct your search for the ideal residence.

Creating a checklist of must-haves is essential. With this list, you'll be able to examine available homes in a small town and narrow your search accordingly.

Also, don't forget to examine the prices of recently sold houses in a small town. This housing market data will enable you to differentiate between a seller's market and a buyer's market.

2. Get Financing Before You Start Your Home Search

Can you afford a small town home? It all depends on the financing at your disposal.

Meet with several banks and credit unions to explore your mortgage options. That way, you can learn about fixed- and adjustable-rate mortgages and obtain financing.

If you ever have concerns or questions about home financing, be sure to ask a lender for assistance.

Remember, banks and credit unions employ mortgage professionals who are happy to help you in any way they can. These mortgage experts can teach you about different types of mortgage and offer personalized mortgage recommendations, ensuring you can get the financing you need to make your homeownership dreams come true.

3. Collaborate with an Experienced Real Estate Agent

When it comes to the real estate market, it is always better to err on the side of caution. Fortunately, real estate agents are available in small towns and big cities alike and will do whatever it takes to help you find a great house.

Hiring an experienced real estate agent who understands the properties that are currently available in a small town is vital. This real estate professional will offer tips throughout the homebuying process, guaranteeing that you can make informed decisions at every stage.

Perhaps best of all, an experienced real estate agent will take the guesswork out of buying a small town home. He or she will set up home showings and open houses, keep you up to date about new properties as they become available and negotiate with home sellers on your behalf. As a result, this real estate professional will streamline the process of going from homebuyer to homeowner.

Take the next step to acquire a home in a small town – use these homebuying tips, and you can locate a small town home that can serve you well for years to come.


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Up to 9.2 million Americans will purchase their first home in 2020. Homeownership is a wonderful and sometimes overwhelming experience. It's exciting to have a place that you can personalize and call your own. However, owning a home can quickly become a burden if you don't plan carefully. Keep in mind these five tips to make your first-time home-buying experience a success.

Essential tips for first-time homebuyers

1. Save until you have a 20 percent down payment.

Paying cash for a home is out of reach of most families. However, there are big advantages if you have at least a 20 percent down payment to offer. This automatically means that you won't have to pay for private mortgage insurance (PMI), something that generally adds a full one percent to the cost of your loan. In addition, a sizable down payment means you'll likely have equity in your home when it comes time to sell.

2. Get pre-approved for a loan.

When shopping for your first home, it's easy to fall in love with a property that may be a little beyond what you can comfortably afford. Getting pre-approved for a loan lets you know what you can safely pay for home payments. Plus, the sellers will know that you're serious about buying and that financing won't be a problem for you.

3. Get your agent's advice on how much to bid.

Real estate markets vary dramatically around the United States. Your local real estate agent is well-suited to help you navigate the market in your particular region. In some high-demand areas, you may need to offer more than the listed price, but in most areas, a seller is likely to accept an offer below the listing price, especially if the property has been on the market for a few months.

4. Be prepared for closing costs.

Closing costs, the money that you'll owe at closing for property taxes, title insurance, the title company's fee and other related costs, can be a surprise to a first-time homebuyer. These costs can vary between 3 and 5 percent of the total purchase price. The average closing costs for a single family home is $3,700 and is due when you sign the purchase papers, usually between 30 and 45 days after your offer is accepted.

5. Make sure you have an emergency fund.

While it may be tempting to sink your all of savings into your new home, what with a deposit, closing costs, insurance and doing any necessary remodeling, it's important to put a few months' mortgage payments in an emergency fund just in case life throws you a curveball. Many things can affect even the most responsible homebuyer's ability to pay their mortgage, things such as illness, job loss or a reduction in work hours. Plus, you'll sleep better at night knowing that you have that financial cushion.


Buying a house is a life-changing decision. As such, you should perform extensive home evaluations before you make your final purchase decision.

There are many questions to consider as you review houses, and these questions include:

1. Does a home match my expectations?

Entering the housing market with homebuying criteria usually is a good idea. If you know what you want to find in your dream house, you can tailor your home search accordingly. As a result, you can speed up the homebuying journey.

When it comes to establishing homebuying criteria, it helps to consider your short- and long-term goals. For example, if you want a house that is close to your current office in the city, you can search for residences in towns and cities near your workplace. Or, if you are willing to upgrade a house on your own, you may want to focus on "fixer-upper" properties.

2. Can I afford a house?

Home prices vary based on many factors. Fortunately, if you create a homebuying budget, you can narrow your house search and review properties that fall within your price range.

Oftentimes, it helps to get pre-approved for a mortgage. Banks and credit unions are happy to provide you with a wide assortment of mortgage options. Once you assess the different types of mortgages, you can choose one that will ensure you can acquire your dream home in no time at all.

3. Will a home require in-depth repairs in the near future?

How a home looks today may not match how this residence looks in the years to come. As you evaluate residences, it may be beneficial to consider potential repairs.

For instance, if a house likely will require a new roof in the next few years, you may need to budget for this expense. Conversely, if a home is brand new or recently has been upgraded, you may be able to avoid costly, time-consuming repairs in the foreseeable future.

If you want to streamline your home search, you can hire a real estate agent too. In fact, if you employ a real estate agent, you can receive comprehensive support throughout the homebuying journey.

A real estate agent has a simple goal: to help you find a great house at a budget-friendly price. To accomplish this goal, a real estate agent will learn about you and your homebuying criteria and craft a personalized homebuying strategy. Plus, a real estate agent will set up home showings, offer expert homebuying recommendations and help you submit an offer to purchase your dream residence. And if you have homebuying concerns or questions, a real estate agent is available to respond to them at your convenience.

Lastly, be careful as you evaluate available homes in your preferred cities and towns. Keep in mind that no house is perfect, and any residence you buy may increase or decrease in value over time. And if you find a home that you want to buy, prepare a competitive offer, and you can boost the likelihood of receiving an instant "Yes" from a property seller.


If you plan to buy a house, it helps to take an honest approach to the homebuying journey. In fact, there are many reasons to remain open and honest throughout the homebuying journey, including:

1. You can set realistic expectations for the homebuying cycle.

If you're honest with yourself, you can determine exactly how much that you can spend on a residence. Then, you can tailor your home search accordingly.

Furthermore, an honest approach is ideal to ensure you can maintain realistic expectations as you pursue houses. No house is perfect, but an honest homebuyer will realize this before he or she embarks on a home search. As a result, this homebuyer may be better equipped than others to discover a terrific house that matches his or her expectations.

2. You can resist the temptation to spend beyond your means.

Oftentimes, it helps to get pre-approved for a mortgage before you enter the housing market. If you pursue houses with a mortgage in hand, you can establish a price range for your home search, thereby reducing the risk of spending too much on a house.

When it comes to getting a mortgage, you'll need to be honest with prospective lenders. These financial institutions will perform their due diligence to ensure you are qualified to receive a mortgage. And if you are dishonest with lenders, you are unlikely to get the mortgage you need to acquire your ideal house.

3. You can speed up the homebuying journey.

The homebuying journey may prove to be a long, drawn-out process if you're not careful. Fortunately, with an honest approach to buying a house, you can limit the risk of encountering time-consuming homebuying hurdles.

For example, if you are honest with yourself about where you want to live, you can refine your home search to particular cities or towns. This will enable you to keep track of available houses in certain areas, resulting in a fast, efficient home search.

The aforementioned list highlights some of the key reasons to be honest with yourself and others as you pursue a house. Of course, if you need extra assistance as you search for your dream home, you may want to hire a real estate agent too.

A real estate agent is a homebuying expert who will be direct and forthright with you throughout the homebuying journey. As such, a real estate agent can help you take the guesswork out of purchasing a house.

Usually, a real estate agent will meet with you and learn about your homebuying criteria. This housing market professional then can tailor a home search to help you identify your dream residence. And if you have any homebuying questions, a real estate agent can respond to these queries immediately.

Perhaps best of all, a real estate agent will provide honest, unbiased recommendations as you proceed along the homebuying journey. This housing market professional will simplify the homebuying process, ensuring you can acquire a top-notch house that you can enjoy for years to come.