Three Important Factors to Consider
Are you getting ready to purchase a home? This is an exciting venture and one for which you will want to be prepared. If you have certain priorities listed and planned for ahead of time, it will help you to focus on enjoying the home buying experience.
Here are three important points you will want to consider ahead of time:
1. Needs and Wants
You probably have a lot of things you want to have in your new home. Take the time to list, examine, and prioritize them.
Start with a list of all the things that are swirling around in your head. Write them down as they come to mind, not in any particular order at first. Once you have your list, it’s time to take a closer look. You may want to make three columns on a sheet:
- Column one – This column will be the things you must have in your home; the “need” column.
- Column two – This column will be the things you would like to have and, very well may be able to have; the “want” column.
- Column three – This column is your dream list. It would be great to have these things; this is the “wish” column.
Now you have some guidelines that will not only help you but also your real estate agent.
The location of your house is important for many reasons. Think about the things that matter to you and make sure you look in areas that are conducive to your needs.
Do you have school age children? If so, you will want to do a bit of research about the schools in the area. If you have a baby or toddler, you may wish to look into daycare or preschool programs. Red Deer is made of up many neighbourhoods. You may want an area that has families with children that are in the same age range as yours.
How far do you want your house to be from your job? Consider the amount of commute time you are willing to spend to and from work, and focus your search in that circumference.
One of the most important things you will need to know before beginning your quest to find a home is how much you can afford. The best way to determine this is by meeting with a mortgage broker. These professionals can help you by verifying the amount of the mortgage you qualify for, helping to determine the price range you should be looking at, and explaining how much you will need for a down-payment.
Once you have these three steps completed, it’s time to move forward with your buying agent. Sharing this information with me is going to make the process easier for everyone.
Contact me today and let’s get started on this exciting venture!