What Should You Consider When Planning A Home Purchase?
1. Affordability
What is your budget? How much would you like to put down? How much should your monthly payment be?
2. Location, location, location
Do you need to be close to work or family, maybe in a specific school district? What type of community are you interested in: Urban, Suburban, Rural, City, Swim/Tennis, Empty Nester?
3. Style of Home
Start basic: Are you interested in a single family home, townhome, condo, or maybe a multifamily unit? Once you figure that out, get a little more refined. Is there a specific architectural style you are most attracted to?
4. Type of Purchase
What will this home be to you? Something meant to be an investment might require less specific criteria than a forever home.
5. Size of Home
Are you interested in acreage? How many square feet would be ideal for your needs? What about a specific bedroom and bathroom count?
6. “Must Haves”
Think about some non-negotiable you are looking for in this purchase. What items would you require in a home?
7.“Would be nice”
Now think more about what items of interest you could live without, but would really appreciate in a home.
8. Amenities
In some cases, certain amenities come at a cost. Are you interested in being part of an HOA? What amenities matter to you: maybe a pool, tennis courts, club house, etc? Think about what, if anything, you would like included in your new home or neighborhood.
9. Timeline
In an ideal world, when would you like to become a homeowner? Are you thinking within the next 30 to 90 days, or perhaps within a year? Remember, it is never too early to start having discussions with a realtor.
10. Yard size
Do you have any yard preferences? Perhaps outdoor entertainment space is important to you, or maybe a fenced in yard is of necessity because of pets. Think about what you are looking for in your yard, and what kind of curb appeal speaks to you.
Interested in searching homes available in your area?
Are you having a hard time answering these questions, or prioritizing your goals?
Contact us and we would be happy to help!