Home buying tips
Tips for Finding Your Dream Home
You’ve saved up enough money, set a budget, and been preapproved on your mortgage.You’re finally ready to start house hunting and have a pretty good idea of what you want. But how do you go about finding your dream home? Here are some tips for finding your ideal home.
Make a list of wants and needs
Set your priorities. Think about the qualities you want the most in your future home and what qualities are necessities, and then rank them. While looking for your new home, try to get at least the top priorities on your list. You can’t find your dream home if you are not entirely sure what your dream home is. By mapping out your wants and needs, you will have a better understanding of what you are looking for before you start house hunting.
Choose your style
Are you looking for a craftsman or colonial style? Maybe you are looking for something more sleek and modern? Whatever your house style is, when looking for your dream home, make sure you pick the style of home that works best for your needs.
Stay up to date
Nowadays,the internet makes it easy to stay up to date on what properties and homes are for sale. Keep track of what is on the market, and be ready to move fast. The sooner you know about what’s out there, the better chance you have of snagging it before someone else does.
Don’t focus on cosmetics
Focus on the big picture and be prepared to overlook little cosmetics such as carpet and paint color, or even counter tops and cabinets. Those things can be changed later. Instead look for features you like and focus on the price, layout, and style of the house.
Read: 25 Home Improvement Ideas Under $150
Stick to your budget
You dream home won’t feel like a dream if your finances are hurting every month.Set a strict budget for yourself and only look at homes within your price range. If you limit your search to only what you can afford, you will be less likely to make an impulse buy. Remember to be completely honest with yourself on what you can and cannot afford. The reward of living in your dream home, within your budget, is well worth it.
Picture yourself living there
When looking at a home you like, try and picture yourself or your family living there. Can you see yourself eating breakfast in the kitchen? Do you see your kids playing in the backyard? If you can easily picture yourself happily living there, you may have found your dream home.
Not every home you look at is going to be exactly what you are looking for. There may be some features you don’t like or a few things missing, like an island in the kitchen or a spacious back deck (see #1). Set realistic expectations. You can still compromise on some things and find your dream home.
Finding your dream home requires patience, so try not to get discouraged if the search takes you longer than anticipated. Instead of looking at the process, think of the outcome! The benefits of waiting to buy a home that you love outweigh the disadvantages exponentially.