Sherry Bourque - RE/MAX Main Street Associates



Posted by Sherry Bourque on 8/30/2020

In the quest to find a new home that you love, there are two fundamental things you must know: how much you can realistically afford to spend and what you need to be happy.

Qualifying for a mortgage is one of the first hurdles on the road to home ownership, but loan approval doesn't necessarily mean you can comfortably afford a house you have your eye on.

There are other expenses to factor into the equation, such as closing costs, the down payment, school and property taxes, possible HOA fees, and maintenance costs.

If a house you're considering needs a lot of repairs, updating, and decorating, for instance, those projects could take a big bite out of your bank account and household budget. First-time home buyers and growing families moving into larger homes often have to consider the cost of furniture, new window treatments, and painting supplies. People moving from an apartment or condo to a house may also need to buy a lawnmower, tools, and property maintenance machinery (weed whackers, leaf blowers, snow blowers, etc.)

Once you've determined that you can absorb all those costs without being "house poor," the next step is creating a list of requirements, preferences, and lifestyle goals. For example, if privacy is important to you, you'll need to narrow your search to homes that have a sufficient amount of frontage and space between neighbors and streets. Fences, privacy hedges, and mature trees could also help provide you with the kind of living environment you're looking for.

While the emotional appeal of a house is an important aspect of home-buying decisions, the location of a property and the amount of living space it provides will play a central role in your level of satisfaction. In addition to having enough bedrooms, bathrooms, and storage space, you may also want to consider things like the home's architectural style and whether the floorplan is to your liking.

Many families prioritize the quality of the school district, the look and feel of the neighborhood, and the distance from shopping centers, recreation, and needed services. Also highly desirable is a daily commute to work that isn't too grueling or time consuming!

Since everyone has different goals and needs when it comes to finding the ideal home, there's no one-size-fits-all strategy for zeroing in on the house of your dreams. Although there are a lot of websites that provide great ideas on everything from flooring and countertops to cabinetry and room color, having your real estate agent show you houses that match your specifications is the most productive thing you can do.

Getting out there and physically viewing and walking through houses in your price range will eventually lead you to the home that's just right for you and your family. It's a process in which you need to immerse yourself, but with a little persistence and a clear idea of what you want, you're sure to find the home that checks off most (if not all) of the boxes on your priority and wish lists!




Categories: house hunting  


Posted by Sherry Bourque on 6/28/2020

Finding the right house that meets your family's needs is an important decision; it's one that can affect the quality of your life for years to come. That's why it's especially important to be in a focused, resourceful state of mind when house hunting. It's also helpful to have a clear idea of what you're looking for and have a system in mind for comparing the strengths and weaknesses of every house you visit.

Knowing What You Want

Chances are, you're going to approach your house search with some preconceived notions about features like the floorplan, bedrooms, and number of bathrooms. You may also have strong preferences for a particular school district, the size of the back yard, and proximity to neighbors. One thing's for sure: There are a lot of details on which you'll need to concentrate as you meet with your real estate agent and visit different homes for sale. While conditions are not always ideal for taking it all in, here are a few tips which may help you get the most from the experience.

  • Work from a checklist: Before plunging into a serious house-hunting campaign, it's a good idea to prioritize the features and characteristics you're looking for in a new home. Ideally, you should have a separate copy of the list for each home you visit and create a simple rating system for evaluating how well each property lives up to your expectations. Make note of your impressions and take a few photos of key rooms, such as the kitchen, master bathroom, or whatever areas are most important to you. As a courtesy, ask the real estate agent if they or the homeowner would mind if you took some pictures.
  • Arrange childcare if possible: When you're going over important details with your real estate agent or visiting a listed house for the first time, you'll be able to get more out of the experience if you can devote your full attention to it. Children, especially young ones, tend to be more focused on their own agenda, including hunger, boredom, sibling conflicts, and the impulse to wander off on their own to explore unchartered territory! When the opportunity arises to check out a potential new home, you'll want to have 100 percent of your mental and emotional resources available to appreciate and absorb all the details, nuances, and possibilities of a house that's for sale. Since "the best laid plans of mice and men often go awry", it won't always be feasible to arrange alternative (and sometimes last minute) childcare plans for your little ones. When it is possible though, you'll have more of your wits about you for the important task at hand.
  • While it's unrealistic to always expect house hunting to go smoothly and without a hitch, a focused and organized approach to finding the home of your dreams will always yield the best results!
     







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