Deciding What You’re Looking for in a Home | Trusted American Mortgage
When it’s time to begin the new house search, you may be left feeling a bit lost. Sure, you have a few must-haves on your list, but how well have you really thought through what you want in your new home?
Not knowing exactly what you’re looking for in a new house can cause unnecessary stress and elongate the search. If you don’t know what you’re looking for, neither will your realtor!
What’s Your Budget?
One of the first things you consider when purchasing a new home is how much you can afford. Determine whether you are willing to pay more for a turnkey property, or if you have some flexibility with a fixer-upper.
Location, Location, Location
How flexible are you with your preferred location? Are you willing to live farther away from the city’s center if that means fitting more space within your budget?
Also, consider your prospective home’s location in terms of your commute to work and recreational activities. If your family is active and running around every weekend, it may not make the most sense to purchase a home that is far away from events, activities and family or friends.
Is Outdoor Space Important?
Outdoor space can be a great addition to any property, but it’s also a lot of work. If you’re willing to put in the time and effort into maintaining a lawn, a big backyard can be a great area to host family events, cookouts or just hangout with your kids.
Think About Indoor Space
Ask yourself about the indoor space you’d like, and what you really need. For example, if you work remotely, an office would likely be at the top of your list. If your family is always entertaining others and hosting gatherings, a spacious dining room and large kitchen would be ideal.
If neither of these things are relevant to you, then a dining area that fits 10 people or a kitchen with a huge island and double oven would likely not fit your needs.
Be Flexible and Realistic
What are your absolute must-haves, and what are you just not willing to budge on?
If these fit into your budget, and there are available properties that fit your criteria, great! If not, it may be time to get back to the drawing board.
When you’re ready to start the home-buying process, we’re here for you! Contact us today to learn about our mortgage options.