Cathy Lomasney - Specializing in the Real Estate Market in Billerica and Eastern Massachusetts


For most homeowners, a home is not just a property with four walls and a roof over their head. Over time, it becomes a place that reminds them of sweet memories spent with family and friends. Buying a home is expensive, and as a result, it is essential that you relegate any form of emotions and apply business-minded strategies in making good decisions. With this in mind, here are some costly emotional mistakes home buyers make and how you can avoid making them.

Falling in love too quickly

Buying a home can play with your emotions. But you must balance your dreams with the realities of your budget. Turn a deaf ear when the agent tells you "Oh, this house was made for you," or "It suits you perfectly," Focus on what you want in terms of space, location, maintenance, and the price. If you are buying a house, buy the one you need rather than what you want.

Allowing others to "steer" the process 

Agents and family members can be assertive in attempting to "tell" you what home to buy. What's more, friends who won't even live in the house will aggressively offer opinions about the subject. In an attempt to please others, some homeowners get highly emotional and buy a house they never liked. It is your house, and you will be the one living in it. Friends and loved ones only visit. So put yourself in charge of the buying process. 

Overpaying for a property 

Another common emotional mistake homebuyers make is paying too much for a property. Buyers—especially new ones—always tend to become desperate to buy a house or buy a house in a popular area, and most time, they end up paying far too much for the property. To avoid overpaying for a home, keep your emotional side locked and check the prices of similar houses in the area to avoid being ripped off. 

Putting the pen on paper too soon 

Generally, before you purchase a house, you need to sign a contract and pay a deposit. However, don't get too excited and sign the contract immediately you make the decision. Take your time to read through every line of the agreement. Also, get a seasoned lawyer or property professional to guide you, to ensure your interest comes first and insert any needed clauses. It is tough to make changes once you sign a contract.

Although buying a house can be an emotional experience, it is also an exciting time. Avoiding emotional mistakes, doing your research and keeping a calm head should help you to get a good home that meets all your needs.



180 Summer St, Malden, MA 02148

Condo

$495,000
Price

6
Rooms
2
Beds
1/1
Full/Half Baths
Upon entering your townhouse style condo in a remodeled West Malden Victorian Style home, you’ll notice the sun filled, open concept main living level featuring living, dining, & kitchen with hardwood floors, gas fireplace, granite counters, and stainless steel appliances including new refrigerator. As you ascend the hardwood staircase to the second level you’ll notice the large master bedroom with additional living space with skylight that could be an office, sitting room, or a large walk in closet. The second floor is complete with a second bedroom, full bath and laundry. The large storage room in the basement is perfect for your seasonal items. You new home is in an ideal commuter location; a short distance to the subway at Oak Grove, Commuter Rail in Malden Ctr, bus line at Summer & Clifton, or Route 93. Convenient to Malden Center, shopping, YMCA, & restaurants. Enjoy the outdoors? Enjoy the several nearby parks and the Fells Reservation is a short ride away.
Open House
No scheduled Open Houses





180 Summer St, Malden, MA 02148

Condo

$515,000
Price

6
Rooms
2
Beds
1/1
Full/Half Baths
Upon entering your townhouse style condo in a remodeled West Malden Victorian Style home, you’ll notice the sun filled, open concept main living level featuring living, dining, & kitchen with hardwood floors, gas fireplace, granite counters, and stainless steel appliances including new refrigerator. As you ascend the hardwood staircase to the second level you’ll notice the large master bedroom with additional living space with skylight that could be an office, sitting room, or a large walk in closet. The second floor is complete with a second bedroom, full bath and laundry. The large storage room in the basement is perfect for your seasonal items. You new home is in an ideal commuter location; a short distance to the subway at Oak Grove, Commuter Rail in Malden Ctr, bus line at Summer & Clifton, or Route 93. Convenient to Malden Center, shopping, YMCA, & restaurants. Enjoy the outdoors? Enjoy the several nearby parks and the Fells Reservation is a short ride away.
Open House
Sunday
September 08 at 11:30 AM to 1:00 PM
Cannot make the Open Houses?
Location: 180 Summer St, Malden, MA 02148    Get Directions





180 Summer St, Malden, MA 02148

Condo

$515,000
Price

6
Rooms
2
Beds
1/1
Full/Half Baths
Upon entering your townhouse style condo in a remodeled West Malden Victorian Style home, you’ll notice the sun filled, open concept main living level featuring living, dining, & kitchen with hardwood floors, gas fireplace, granite counters, and stainless steel appliances including new refrigerator. As you ascend the hardwood staircase to the second level you’ll notice the large master bedroom with additional living space with skylight that could be an office, sitting room, or a large walk in closet. The second floor is complete with a second bedroom, full bath and laundry. The large storage room in the basement is perfect for your seasonal items. You new home is in an ideal commuter location; a short distance to the subway at Oak Grove, Commuter Rail in Malden Ctr, bus line at Summer & Clifton, or Route 93. Convenient to Malden Center, shopping, YMCA, & restaurants. Enjoy the outdoors? Enjoy the several nearby parks and the Fells Reservation is a short ride away.
Open House
No scheduled Open Houses





4 Lorraine Ter, Billerica, MA 01821

Single-Family

$484,000
Price

8
Rooms
4
Beds
1/1
Full/Half Baths
This beautifully updated, well maintained Garrison style home is truly turnkey! Located in the Wyman Heights Neighborhood, it offers 8 rms w/ 4 bdrms & 1½ bths. The open concept 1st flr features hardwood, c/t flrs, a family rm w/ wood burning fp & one of two laundries. Enjoy the recessed lighting in every rm, & a kitchen that features ss appliances, solid surface counters w/ glass in-lay & peninsula, great for gatherings. Updates include solid wood Harvey interior doors w/ black or glass knobs, a custom bath light fixture, upgraded faucets, & lighted closets. Outside, see the granite post supporting the mailbox; underground, a new sewer line connects the house to street. Back inside, there is a potential for add'l living space in the unfinished basement which is the location of the 2nd laundry. Enjoy the warmer weather on the deck in the lrg corner lot. Convenient to shopping, schools, a local farm & public transportation. Your new home is a few miles from Route 3 & Middlesex Turnpike
Open House
No scheduled Open Houses

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