Buying a home is an exciting time but it is important that during the buying process you have a clear idea of what kind of house you are wanting to purchase. Here are a few factors to consider when buying a home.
Location, Location, Location
When you buy a home there are many things you can change after the fact, don’t like the kitchen? Change it. Need a new roof? Change it. One thing you cannot change however, is the location. When you go house hunting, take into consideration what your commute to work will look like, what neighborhood you are looking for, accessibility to the home, and even noise from neighbors, traffic and pets. Because these are just a few of the many things that come into play in regards to the location.
Big or Small?
Another factor to consider when buying a home is what size home are you wanting? Are you buying a home for yourself? Are you a young couple just starting? Or do you have a big family? These things are very important to consider when deciding on size. Do you want an extra room for an office or gym? Do you want a big yard or a smaller yard? Before deciding on a home, be sure to have a clear idea on what size you will need because nothing is sadder than falling in love with a home that isn’t the right size.
Do you have a lot of stuff? If so it will be crucial to keep that in mind when finding a home. Older homes tend to have small closets and storage space. If you have things like decorations, work equipment or even crafting supplies it is important that you have a place to store those items unless you want to purchase a storage facility!
Everyone has different preferences for what they want in a house. Do you want a fenced-in yard? Or maybe a garage? When buying a house, it is important that you know exactly what you are looking for and what features you need for your lifestyle so that there are no regrets after the fact.
What Can You Actually Afford?
One of the most important factors to consider when buying a home is, what can you afford? If you have never bought a home before then it is highly recommended that you speak to someone who can help you determine when you can afford. This is based on a few factors like what you already have saved, your credit score and how much you currently make at your job.
These are just a few things to consider when buying a home. As always, if you have any questions do not hesitate to give me a call at (765) 744-9951!