B & B Real Estate | Holyoke Real Estate, South Hadley Real Estate, Northampton Real Estate


The age-old problem of trying to stretch your household budget is a challenge nearly everyone grapples with at one time or another. If you're confounded by the fact that your paycheck(s) seem to disappear within days of depositing them, it may be time to examine your spending habits.

Creating a written budget is often an eye-opening experience, especially if you haven't taken the time to do that recently -- or ever! Itemizing all your monthly and periodic expenses can not only help you realize where the money's going, but it can also give you a greater feeling of control over your life. As an added bonus, reviewing your household budget a couple times a year will also increase your awareness of your debts, your income, and your spending habits. Once you know how tight your budget is and whether you need to reduce expenses or increase income, you'll be in a stronger position to effectively manage your family's finances.

  • Creating a budget: Whether you prefer to use spreadsheets, software, or just a simple income-versus-expenses chart, setting up a budget will help put you in the driver's seat of your cash flow situation. While there are many distinctions between running a business and managing a household, there are probably more similarities than differences!
  • Identifying "money leaks": If your family's budget seems tighter than you'd like it to be, one possible reason is that you're spending more than you need to on some expenses. The perfect examples are homeowners' and automobile insurance. You've probably seen and heard countless ads for well-known insurance companies that say they can save you hundreds of dollars a year on your insurance policies. If you've been dismissing those claims as mere hype, consider the possibility that you may actually be paying more on your insurance premiums than necessary. It may be worth your while to have your insurance agent review your policy with you to make sure you're getting all the coverage you need and the discounts to which your entitled. The best way to remove any doubt is to get two or three quotes from other reputable insurance companies. You can often do this through email or online, so you shouldn't have to go to time-consuming office appointments just to get a few insurance quotes. To compare "apples to apples," make sure to use identical coverage amounts and deductibles for each estimate your seeking; hopefully the agents you deal with will remind you of that. It's also possible to save hundreds more dollars a year by contacting your cable TV company, Internet service provider, and cell phone service (It might be one company) to discuss ways your bill can be lowered. The first step would be to examine your latest invoice and determine whether you're paying for services you don't use or need. If you see charges that are excessive or confusing, don't hesitant to get on the phone and have those issues clarified. If inconsistent utility bills are a problem, then switching over to a monthly budget plan will make your expenses more predictable and manageable.
While there are many strategies for reducing your expenses and regaining control of your household budget, information and a healthy sense of skepticism can often be your most valuable resources.


93 Grochmal, Springfield, MA 01151

Mobile Home

$99,500
Price

4
Rooms
2
Beds
2
Baths
Gorgeous customized home. Tile throughout is individualized and hand installed by 30 year tile design co. Two full baths, one for each bedroom with roman tubs and cedar ceiling. Custom cedar ceilings in bathrooms. Skylights throughout. Gorgeous big tiled floors throughout and custom designed baths. Great layout. Seller is relocating and very motivated. Live in your own slice of Luxury in the heart of Indian Orchard! Never pay real estate tax again!!! Park is rent controlled.
Open House
Sunday
December 15 at 1:00 PM to 3:00 PM
Please join us. You will love all the high end upgrades and custom work!
Cannot make the Open Houses?
Location: 93 Grochmal, Springfield, MA 01151    Get Directions




A first-time homebuyer may believe that he or she can submit a "lowball" offer on a residence, even if a house has been available for many weeks or months. However, the risks associated with submitting a subpar proposal are significant, particularly for a homebuyer who wants to purchase a top-notch residence as soon as possible.

Ultimately, a lowball offer may result in an instant "No" from a home seller. Perhaps even worse, the proposal could sour potential negotiations between a homebuyer and home seller and cause a property buyer to miss out on an opportunity to acquire his or her dream residence.

When it comes to buying a house for the first time, there is no need to risk submitting a lowball offer.

Now, let's take a look at three tips to help a first-time homebuyer avoid the temptation to make a lowball proposal.

1. Evaluate a Wide Range of Houses

An informed first-time homebuyer may be better equipped than others to provide a competitive offer to purchase his or her ideal residence.

For example, a homebuyer who assesses a broad range of houses in a particular area can determine a price range for similar residences. Then, if this homebuyer would like to submit an offer on a house, he or she can use housing market data to submit a fair proposal without delay.

With housing market data, a homebuyer can determine whether he or she is operating in a buyer's or seller's market too. That way, this homebuyer can leverage housing market insights to quickly and effortlessly put together a competitive offer on any residence, at any time.

2. Understand Your Finances

Getting pre-approved for a mortgage usually is a great idea for a first-time homebuyer. With a mortgage in hand, this homebuyer will be able map out a homebuying journey based on his or her finances.

To receive pre-approval for a mortgage, a homebuyer will should meet with several banks and credit unions. These lenders can offer details about a variety of mortgage options and help a homebuyer make an informed mortgage decision.

After a homebuyer is pre-approved for a mortgage, he or she can submit an offer on a house and understand exactly how much money is available for a home purchase. As a result, this homebuyer can put his or her best foot forward with an initial offer, thereby reducing the risk of submitting a lowball proposal.

3. Collaborate with a Real Estate Agent

The homebuying journey can be long and complicated, especially for those who are pursuing a house for the first time. Fortunately, a first-time homebuyer can collaborate with a real estate agent to obtain deep housing market insights.

A real estate agent is happy to provide honest, unbiased home offer recommendations. By doing so, this housing market professional can help a first-time homebuyer submit the best offer on a residence – without exception.

Ready to purchase a home for the first time? Use the aforementioned tips, and a first-time homebuyer can avoid the danger of submitting a lowball offer on a residence.



377 Saint James Ave, Springfield, MA 01109

Single-Family

$174,900
Price

9
Rooms
5
Beds
1/1
Full/Half Baths
Very nice colonial style home that features 5 bedrooms, large kitchen, formal living room , fireplaced living room, foyer, beautiful natural wood work and wood flooring. The home has a newer roof, replacement windows, deck and so much more...Call today
Open House
No scheduled Open Houses

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221 Walnut St, Holyoke, MA 01040

Single-Family

$199,000
Price

9
Rooms
5
Beds
2/1
Full/Half Baths
Need a big house at a great price? This is the one. This 5 bedroom, two and half bath colonial with first floor laundry has everything! Updated kitchen with huge island, quartz countertops, stainless steel appliances. First floor master with tandem closet and master bath (walk in shower.) Half bath off kitchen and living room has washer and dryer hookups. Completely rewired with new light fixtures! Replacement windows on 1st and second floor. New Roof. New Boiler. New back deck!! New vanities. New toilets. Refinshed hardwood floors! High ceilings soak the house in light. Original staircase has breathtaking intricacies. Premium off street parking for 4 cars. 2 car garage and alley way access. Don't just drive by! Come inside and see what you can do with all this space!
Open House
Sunday
December 08 at 2:00 PM to 3:30 PM
Cannot make the Open Houses?
Location: 221 Walnut St, Holyoke, MA 01040    Get Directions

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