Congratulations, you’ve unlocked another level of adulthood and are ready to buy a house. Since this will be one of the most significant financial decisions you’ll make in your lifetime, don’t worry if you feel overwhelmed or uncertain about the home buying process.
During our time, we’ve worked with thousands of people looking to buy homes. Here are 5 ways to make your home buying experience enjoyable and efficient.
Decide Where You Want to Buy A House
If you were to rank most to least important home-buying factors, location is atop the list. Why? Because all other decisions are centered on the location of your home such as lifestyle, commute, school districts, to name a few. For some, there is a clear picture of their future home even before they decide to actually buy a house. For others, these decisions may not come as easy. Here are a few location-based scenarios to consider:
- Moving into a culturally rich city which has lots to offer
- Home to a certain sport’s team that holds your interest
- Availability of employment opportunities
- A city that boasts a culinary history with diverse food options
- Cozy neighborhood that appeals to your aesthetic
- Proximity to your Hometown (nothing more appealing than revisiting that place from your childhood)
- Attractive to family living/bachelor friendly
Knowing your desired location will make it easier for you to decide everything else. This is the biggest help for your decisions up ahead.
Make A Checklist Of Things That Matter To You
Nothing is more fun than planning and making a checklist which you can cross off as you go! Other than the fun part, it also makes things easier when you’re new to life-affirming changes.
Making a checklist will help you eliminate distraction while prioritizing your thoughts and feelings while beginning your house hunt, only making minor changes along the way. Here are a few examples of
- Garden, front yard, backyard
- Wide space storage
- The architecture
- Number of floors (single or double story houses)
- The view from your house/apartment
- The amount of light the house receives (unless you’re a fan of dingy rooms)
Figure Out What You Can Afford
Another fun checklist! After figuring out where to buy your house and what matters most to you, the next step should be understanding the costs. Before rushing to any decision, know what your mortgage costs might be and how it fits with what you can actually afford.
Think About The Future
Most people think about the aesthetics of a living space and not the future of living in that space. In other words, you may love a house today but 5 years down the road you may want to:
- Remodel a kitchen or bath
- Paint the exterior or interior of your home
- Waterproof your basement
- Redesign your landscaping
- Rent or sublet
No matter the reason, planning for what might be will help you realize the bigger picture of what owning a home is all about. And eventually, help you in deciding the type of architecture you really want.
Get In Touch With A Lawyer And A Realtor
Better safe than sorry. We’ve witnessed plenty of horror stories about impatient homeowners trying to go on there own only to get lost during negotiations. Trust us: hiring a lawyer to explain the legal consequences of owning a home and a realtor that understands the property market are two necessary moves you should make before starting your search.
To summarize, start with a location that makes sense to your current living style. Next, make a checklist of all the things that matter most to you. Third, realize your budget and how it works with an expected mortgage payment. Once you have a budget range, think about the future and set some potential benchmarks. Finally, reach out to a lawyer and realtor to help finalize your home buying experience.
These are the major 5 things you need to do before buying a house. After this, all that’s left to say is, “Happy house hunting fellow adults”.