Part of the quintessential American dream can be found in homeownership. The house-hunting process, on the other hand, can be a daunting task. Let’s narrow down the top 7 tips for when you’re in the search for the perfect home.
1. Find Your Style
No matter how much you love craftsman homes or sleek modern kitchens in higher-end apartments, you’ll be happy if you consider what type of home best suits your lifestyle. Really sit down and think about what kind of house is right for you before you dive headfirst into everything.
2. Do Your Homework
Although you may know you want to live in an uptown, downtown, or rural area, neighborhoods and areas within the same city can vary greatly. To find your perfect fit, start by doing some research. Look at the restaurants in the area to check out your options for late-night delivery. Taking a weekend to drive or walk around several areas will give you a better sense of where you may end up living one day.
3. Know Your Finances
While homebuyers can feel overwhelmed when it comes to this process, it doesn’t have to be. You’ll be able to get things done more smoothly if you sort out your finances first. Find out where you stand with your credit report and credit score (and how you can improve by fixing errors or paying your bills on time). Make sure you estimate how much you have available for the down payment and the closing costs.
4. Stay on Budget
You may be tempted to begin looking for homes that are at the far end of your price range when you’re pre-approved and know what you’ll qualify for, but that isn’t always a good idea. The feeling of having fallen in love with your new home can quickly turn if you take out a mortgage that is bigger than you can afford.
Instead, budget your finances and stick to a budget that will allow you to comfortably enjoy your new home.
5. Plan for the Future
Consider what works best for you both now – and in the future – before starting your search for a home. The house must grow with you in order for it to be your ideal home. An extra room or two may be needed if you’re planning on having kids. If you start working remotely, you will need a home office. Don’t buy more house than you can afford, but be sure to give yourself some room to grow.
6. Stay Flexible
You may have a certain list of criteria in mind when house hunting. While that can be a good thing, you also might surprise yourself during your search with things you would have never had on a house wish list. You don’t want to get too fixated on certain features and overlook an otherwise perfect house. Stay flexible and be open to compromise, and your dream home will find you.
7. Secure a Real Estate Agent You Can Trust
Your biggest homeownership decisions shouldn’t be left to just anyone. When it comes to buying or selling a home, the decision matters greatly. It’s important to have an agent that is focused on helping you achieve the best possible financial and personal outcomes.
My goal is to help make your dream a reality and take away all of the stress that goes along with purchasing or selling your home. Whether you are purchasing new construction, an existing home, or just an open space for future enjoyment, let me help you walk into your new life!