FICO Realty Group

Guiding Families Home in the Boston Suburbs

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You are here: Home / Real Estate Resources / Real Estate Buyer Resources / Real Estate Buyer Checklist

Real Estate Buyer Checklist

1) Figure out how much you can afford

  Calculate your monthly income and debt.

$______ – $______ = $______

  Check your Credit Report and FICO score.

FICO SCORE: ________

  Figure out your down payment

$__________

2) Get Pre-approved for a mortgage

  Choose a type of mortgage

Fixed, Adjustable, Conventional, Government, Jumbo, Other: ________

  Speak to a couple of different lenders and mortgage brokers.

  Shop for the best interest rates and programs.

Interest Rate: ________%

Loan Term:_______ years

3) Determine what you want and need in a home

  Choose a location (downtown, urban, suburban, rural).

  Choose a type (single family, townhouse, condo, duplex, etc.)

  Choose a price range. $_________ to $___________

  Choose a size: ________ sq. ft.

Bedrooms ______ Bathrooms _______

  Architectural Style (if desired): _____________

4) Research your target neighborhoods

  Look online for information on schools, crime rate, traffic, zoning, etc.

  Determine your work commute.

  Scout local amenities, such as parks, shops, restaurants, etc.

5) Search for homes on the market at FICOrealtygroup.com

  Sign up to be a member at FICOrealtygroup.com and receive tailored updated with all homes on the market for sale based on your selected location(s), and amenities you’d like in your next home.  Ask us how by sending us an email at Homes@FICOrealtygroup.com or by calling us at (617) 851-3241.

6) Research each home you are interested in buying

  We will pull comps to make sure the property’s at fair market. $__________.

  We will provide you with all property disclosures. (if any)   Such as liens, easements or other restrictions.

7) Make an offer

  Determine the purchase price. $_________

  Include contingencies, such as financial, inspection or purchase.

  Spell out any special requests and repairs you want included in the sale.

  Determine an earnest amount of money. $__________

  Decide a move-in-date. ___/____/_____

  Once both parties agree to the terms, sign the Purchase and Sale agreement (P&S)

8) Finalize the deal

  Get the house appraised.

Appraiser contact: __________

Appraisal amount: $__________

  Get a professional home inspection. Inspectors contact: __________________

  Consider getting specific inspections for structural engineering, roof, termites, etc.

  Choose home insurance company.

  Complete loan process with the lender.

  Do a final walk thru, prior to closing.

  Set aside cash for the closing costs and down payment. $__________

9) Close the Purchase

  Review the settlement document at least two days before closing to see how funds will be collected and distributed.

  Get cashier’s check for the amount you need to bring to closing.

$__________ (includes down payment and closing cost)

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From Our Blog

  • Fico Realty Group- 2020 Review December 31, 2020
  • Under Agreement! – 91 Green St Woburn MA January 14, 2020
  • New Project at 93 Greene St Woburn MA November 14, 2018
  • 1 Toner Drive Burlington, MA – Video October 16, 2018
  • Who Would You Recommend to Your Family & Friends? May 22, 2018

Testimonials

“I had the pleasure of working with Paula Fico on the sale of my home in Burlington, MA a few years back and more recently on a home purchase in Bedford, MA.  Paula genuinely cared about my needs and overall experience during the entire process.  She was diligent, professional, and active on my behalf and was fa… Read more
Cathy R.Bedford, MA
“I have bought and sold three homes in the past two years with Paula and she is a true professional. She has a very strong understanding of the market and how to position her clients, both as buyers and sellers. Paula does more than just connect people, she works hard on her clients behalf to help them before, dur… Read more
Dave P.Wakefield, MA
“FICO Realty Group is excellent and worked hard to help me find the perfect home! I was nervous about buying my first home as there is so much information to digest. They listened to me and understood my needs versus my wants, educated me on the market and trends in the area, and executed during every step of the … Read more
Cindy P.Medford, MA
“Relocating is always challenging and chaotic. Paula made my transition smooth and easy. She educated me about the different neighborhoods in the area that I was moving to and helped me find the perfect home. I would recommend Paula to anyone based on her professionalism and great service.”
Troy M.Woburn, MA

Contact FICO

Phone: (781) 272-4073
Homes@FICOrealtygroup.com

FICO Realty Group
PO Box 105
Burlington, MA 01803

FICO Realty Group

FICO Realty Group provides real estate marketing and investment services in the Boston area, including Burlington and suburbs north of Boston. We provide you with a memorable real estate experience whether you are buying or selling a home. The relationships we build last beyond the closing table. [Read More…]

Paula Fico

Paula has been selling Real Estate in and around Boston for over a decade, and prior to that, she gained great experience working for an Advertising and Public Relations firm in downtown Boston. After 6 great years with RE/MAX Leading Edge, she is now the President of FICO Realty Group. [Read More…]

Jason Fico

Jason has worked in real estate helping clients buy and sell homes and investment properties for over five years. Focusing on customer care and attention to detail and providing excellent real estate service, Jason has an old-school tireless work ethic and creative marketing skills. [Read More…]

Justin Fico

Justin was born in Arlington, but has lived in Burlington for the majority of his life. When he graduated from Burlington High in '09, he decided to jump right into the trades and has now been working HVAC for over 5 years. He has always shown great leadership qualities whether it be at work, in school, or on the playing field. [Read More…]

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All information supplied by owners; no attempt has been made to verify the same. Sales offerings are made subject to errors, omissions, change of price, prior sale or withdrawal without notice. ALL Brokers/Salespersons represent the seller, not the buyer, in the marketing and negotiating and sale of any property, unless disclosed. However, the Broker or Salesperson has an ethical and legal obligation to show honesty and fairness to the buyer in all transactions.