We live in a world that surrounds us with lots of things to choose from: clothes, music, phones, cars, etc. And every day, we are told to pick something because someone else thinks it’s better than the other options available. But when it comes to real estate, the decision should ultimately be yours. So, if you’re picking out a new house, what exactly are you looking for? Should you go for one story or two? How close is your potential home to shopping? How about schools? How big do you want your yard to be?
When you’re picking out a home, the list of options can be endless. In this article, I’ll go over a few things that will help you pick the house that was designed just for you.
Check out your assets
Before you start your house hunting journey consider your assets. How much money were you pre-approved for? How much do you have for a down payment? Having these two figures in mind will help you narrow down your target range for price and financing. The better your assets are, the better your chances are to get into a home you’ll really enjoy.
Having trouble creating assets? It’s time to set a few goals!
Create a goal and steady yourself
Goal setting when you’re house hunting can be fun! First, start by creating a list of what you need from your ideal home. Think about all the bathrooms, bedrooms, floor plan arrangements, and anything else that comes to mind. Then check out what homes are available that match your list. Once you find a home, and you’ve set a goal, it’s time to steady yourself. Your main objective isn’t to rush the process, but rather to be patient and get all your ducks in a row.
As mentioned before, you might need to add increasing your assets to your list of goals. A great way to increase your assets is to pay off debts and save up. Creating a budget will help you achieve this goal. As you make your budget, set aside any extra money you receive for a bigger down payment.
Remember: what you put in you get out
I’ve directed this thought mainly toward any of you who are thinking about purchasing a home to remodel. In most cases, when you buy a home, you are buying that structure “as is.” Everything from the beautifully done kitchen all the way down to that wobbly ceiling fan is yours. So, with that said, you have to walk into your new home confident that you made the right decision.
Before you sign on the dotted line, make sure your new home will give back everything you put into it. And, if you’re thinking about purchasing a “fixer-upper” be realistic about the amount of time and effort you’ll have to put into the property. Don’t put yourself in a situation where you might end up biting off more than you can chew.
So, are you ready to buy?
Even if you don’t plan on staying in this new home forever, you should choose carefully. At Par 3, we sell unique houses for every family size and budget. It is our mission to help you secure the home of your dreams.