Whether you are preparing to buy your first family home or you are planning an upgrading or downsizing experience, you need to find an ideal property that lives up to all of your expectations. While style is understandably a primary concern when you are selecting a new family home, keep in mind that this space affects your quality of life, your daily family living experience, your finances and more. Turning your attention to these factors will help you to locate a lovely home that is practical and functional for your family to live in.
List Current and Future Needs
Some homebuyers, unfortunately, start looking at homes with only a vague idea of what they need to find, and they may be easily deterred when they fall in love with a truly gorgeous home. A home needs to be more than aesthetically appealing. It needs to meet all of your functional needs for storage space, living space, entertaining space and more. It also should meet your projected needs for at least the next few years. To ensure that you stay on track with your home search, write a list of current and future needs before you start looking at listings.
Research Areas of Town
The area of town where you choose to live impacts quality of schools, access to medical and retail venues, proximity to attractions and parks, crime rates, commute times and more. Spend time researching these factors for the primary areas of town where you would prefer to live. By doing so, you may be able to tell your real estate agent which neighborhoods you want to focus your attention on.
Focus on Finances
Now is also the time to get pre-qualified for financing. Through this step, you will learn what is the maximum loan amount that you qualify for. However, your mortgage payment needs to be comfortable for your budget and lifestyle. In addition, the home that you select will cause your property taxes, home insurance, utilities, commuting costs and even HOA dues to change. All of these factors should be reviewed carefully before you decide where you want to live.
Find a Trusted Real Estate Agent
Now that you have completed thorough research to prepare for the home hunting process, you are ready to begin exploring the listings in the communities that you are most interested in. Real estate agent services of an experienced real estate agent can be invaluable with this process. Clearly explain your needs, location preferences and financial constraints upfront so that your agent can steer you to listings that fall within your criteria.
The pressure that you may feel to locate a wonderful family home can be intense. When you walk through these preliminary steps, you can more confidently choose a home to make an offer on.