"Once upon a time, there was ...", we have all heard that beginning before as we read children's books. We know the ending is going to be, "and they lived happily ever after." Some folks approach finding a new home in the same way when they picture their "dream home."
If you watch some to the programs on television where couples make their "wish list" for their next, you may wonder why the real estate agent has to remind the potential buyers that "we may not find everything on your list."
"Finding everything on your list" is the point of today's blog. What can you as a buyer do to "find everything on your list?" Here are 5 tips to help you.
1. Research the homes in the area you want to live. This is not that difficult with today's computer assisted search engines like Zillow, Redfin, Realtor.com. Set the parameters for your ideal home. Know your price point, necessary rooms, size of the home, pool, no pool, garage, desired zip code, etc.
2. Does your wish list stay within your budget? With all the items I want in my new home will those items be something I can afford. You must fight the urge for more simply because more may be beyond your budget.
3. Will obtaining your dream home include renovations or a remodel? To make your dream home a reality will it include renovations or a remodel and can your budget handle the unseen? Replacing a roof or doing a total rewiring of your home may not have been in your budget at the outset, but can it take the hit mid-stream.
4. How long will I search for my dream home? Am I operating under a time constraint and need a home tomorrow, or do I have the luxury of an ongoing search? Time is both a friend and an enemy when searching for a new home. What does your timeline look like?
5. Is compromise in my vocabulary? Making concessions to your wish list may be difficult but can you do it when the time comes to make the decision. Am I willing to give up something to gain in the end? Am I willing to walk away from a deal because I am unwilling to compromise?
Certainly 5 things to ponder as you go searching for my dream home.
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