New Year, New Home?
If buying a house is on your “to do” list this year, now is also the time to begin preparing.
It’s officially 2018 so let me start by wishing you a Happy New Year! In early January, many of us are planning and setting goals for everything we want to do and achieve in the year to come. While many people think of spring as the primetime home buying season, the winter months often offer an even greater selection, and the opportunity to settle into the new home before warmer months arrive. If buying a house is on your “to do” list this year, now is also the time to begin preparing.
Select a qualified and trusted real estate agent: At Coldwell Banker, we have a network of knowledgeable, trustworthy agents. Agents understand the local market and can help you find all the information and resources you need to get started. Researching on your own is important, and using free online tools is a great way to start, but meeting with an agent will ensure you don’t miss any important steps along the way. In fact, the next three tips were sourced from the great advice of our agents.
Create your “must-haves” and “nice-to-haves” list: Easier said than done, right? But it’s next to impossible to find a first home with everything. You’ll need to think about your lifestyle needs and prioritize the non-negotiable home accommodations, such as a bedroom for each family member, over items you may want, but not need, such as a large master suite. Everyone’s list is different, but knowing your “must-haves” in advance will help you stay focused.
Determine your budget: Be realistic about what is affordable. An agent can help you find comparable home prices and hone in on approximately how much the payments will be. You should also plan to get pre-approved for a mortgage. Doing this prior to house hunting will let you know how much money you qualify for, and how much you can afford. You’ll also be able to figure out which mortgage type is best for you.
Identify the perfect “location, location, location”: Everyone has heard this phrase before, and while the surrounding neighborhood and home itself may improve over time, the physical location will remain the same. Determine in advance how close you would like to live to work, schools or extended family. A short commute to work, proximity to family or having easy access to highways and mass transit will often be items for your “must-haves” list.
Hope your year is off to a good start. If you’re starting your home search in 2018, It would be my honor to help you find your dream home! Call or Text me today: 972-743-2918