Finding a home you want is possible when you clearly define your home buying goals. In this blog, I will review an easy system to help you assess your needs and wants so you can shop smarter.
The best way to avoid buyer remorse is to have a clear picture of what it is you are looking for. Stop endlessly scrolling the internet without a plan. Become a smarter shopper.
Buying a new home can be exciting. But, deciding on what you truly need and want within your budget can be challenging. Before you start shopping for homes you need to define your priorities.
finding a Home you want is possible when you ask yourself the right questions. it is helpful to break it down into three categories: the exterior, the interior and community and location.
First, THE EXTERIOR. This would include things like if you want a view, a large yard, a back deck or patio, what size driveway you require, and if the home has an attached or detached garage.
Second, think about what it is you need or want in THE INTERIOR. Things like floor plan, room sizes, number of bedrooms, number of bathrooms, living spaces, flooring and finishes.
And third, and probably the most important, is the COMMUNITY AND LOCATION. How convenient would you like your home to be to your employment, transportation, shopping, schools and recreation facilities.
It is also important to understand what your are your overall REAL ESTATE GOALS. And, more specifically, how this purchase will help you to achieve these goals. Schedule time to discuss your needs, wants and goals with anyone who will be part of the purchasing decision for your new home.
If you would like a list of questions to assist in your discussion, you can download a copy of my HOME BUYER WORKBOOK.
Prioritize and Organize all your Thoughts and ideas
One suggestion is to make three columns on a sheet of paper for your Must Haves, Would Likes and Deal Killers.
Must Haves –> are your non-negotiable items.
Would Likes –> are your preferences but things you could live without.
Deal Killers –> are the non-negotiable items that you absolutely can’t have.
Having a clear vision of what your priorities are for a home will not only help you while you are viewing homes but it will also help you make a decision to move forward with an offer when you do find the right home for you.
If you skip this step, it’s kind of like going grocery shopping without a list. It is easy to get distracted while you are at the grocery store and you come home with chocolate ice cream but you totally forgot to buy eggs and milk. The same goes with a house. It may have a beautiful sunroom but what you really needed was a third bedroom.