Thinking of buying a home in Cambridge or Somerville, Massachusetts? Here's how you buy a home.

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Who is Involved?

When buying property in Cambridge or Somerville, Massachusetts, you’ll generally work with the following people:

A licensed real estate agent – in most cases, one real estate agent represents the Buyer and another represents the Seller.

A home inspector - The market here is hot. It is not unusual for a buyer to have a home inspection BEFORE offers are due.

A real estate attorney – In Massachusetts, the Buyer and the Seller each has their own real estate attorney. Generally speaking, the Buyer retains a real estate attorney after their offer is accepted.

A lender – Unless it’s truly an all-cash purchase, you’ll need a bank to give you a mortgage. Best to be pre-approved by a local lender. Most all buyers in the Cambridge and Somerville, MA market are able to make at least a 20% down payment.

An insurance agent – You'll want to get homeowner's insurance in place by the closing date.

In the video, I also go over the entire home buying process and the Cambridge & Somerville real estate markets.

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I am so grateful for all you subscribers, both clients and Realtors®, thank you for watching! If you want to talk to me about Cambridge & Somerville real estate feel free to call, text or email me.

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