Offered by: Dan Cochran – The Haven Team, Keller Williams
Daydreaming about owning your own home is one of the most intoxicating practices known to modern man, especially now that HGTV and all the house flipping shows make it look like a cake walk. But when the time comes to actually put your money where your daydream is, it can be challenging for first-time buyers especially to understand how a home that doesn’t currently come anywhere close to “dream” status could be whipped into shape — and how a home that they think is perfect now will end up feeling like a mistake in a couple of years.
To avoid that unfortunate scenario, first-time buyers will need to think carefully and weigh all of their options. After considering all of these factors, you’ll be well-prepared to choose a house that feels like home today and for years to come.
Price: First and foremost, you need a home that you can afford. There’s no sense in deciding that you must have four bedrooms when the most you could afford in your market is two. It is very important to start with your budget and then visit a lender.
Beds, baths, and size: You know what size your household is and whether it’s likely to grow in the future. You also know how much space you’re likely to need based on your own current household’s configuration.
Special features: Once you understand your basic requirements for a home, you can start thinking about additional features that you’d like it to have.
Location matters – a lot: Smart first-time buyers will want to think beyond a school district when choosing a home. How close is your home to major highways in the area (and is that a good thing or a bad thing)?
Is that really a “bargain”? If you’re faced with a choice between a home that seems like a bargain but requires some fixing-up and a home that’s more expensive but requires little or no work, which should you choose?
I would love to be your real estate partner to help you find your next home. If you are interested in knowing what your current home is worth, feel free to contact me to complete a free home market analysis for you.
For more information about finding your dream home please reach out to me any time. I would be honored to be your real estate professional. Your Home is your Haven! Dan Cochran, The Haven Team with Keller Williams 1st Associates, 303-709-3501.