With shopping at our fingertips thanks to the World Wide Web, it is very important to know what you’re looking for when you start your home search.
If you’ve been thinking about buying a home, you’ve probably come up with a list of things that you would love to have in your new home. Many new homebuyers fantasize about what that they see on television shows like Property Brothers or Fixer Upper.
Do you really need that farmhouse sink in the kitchen in order to be happy with your home choice though? Would a two-car garage be a convenience or a necessity? Could the man cave of your dreams be a future renovation project instead of a deal breaker now?
The first step in your home buying process should be to get pre-approved for your mortgage. This allows you to know your budget before you fall in love with a home that is way outside of it.
The next step is to list all the features of a home that you would like and qualify them as follows:
- ‘Must-Haves’ – if this property does not have these items, then it shouldn’t even be considered (ex. distance from work or family, number of bedrooms/bathrooms).
- ‘Should-Haves‘ – if the property hits all of the ‘must-haves’ and some of the ‘should-haves’, it stays in contention, but does not need to have all of these features.
- ‘Absolute Wish List’ – if we find a property in our budget that has all of the ‘must-haves’, most of the ‘should-haves’, and ANY of these, it’s the winner!
Having this list fleshed out before starting your search will save you time and frustration, while also letting your agent know what features are most important to you before he or she begins to show you houses in your desired area. You can fine-tune the list as you are out looking at homes, as perhaps something that you thought was a ‘must-have’ is now not as important. I would love to sit down with you and brainstorm what your list will look like before we go out touring houses! Contact me to get started today!