5 Crucial Questions to Ask Before You Start Shopping for a Home
Are you about to embark on a search for a new home? While you probably have plenty on your plate as it is, there are a few crucial things you should consider before you even think of typing “homes for sale near me” in your search bar. The following are five important questions to ask yourself when looking to buy a home.
What kind of home do you want?
Sounds like a bit of a no-brainer, right? You might be surprised. With a wide range of home types, from condos and townhouses to single-family homes, to choose from, many home buyers find themselves wondering what exactly is best for them. Determining this ahead of time can help you narrow down your search to only the most relevant properties, saving you time and giving your real estate agent the ability to find the best homes for you.
How much home can you afford?
Having a good idea of how much mortgage you can afford can go a long way when you start shopping for a new home. With reasonable price limits in mind, you can focus your home shopping efforts on properties that will fit your lifestyle and budget. If you’re not sure how much home you can afford, use a Mortgage Calculator to determine your approximate payment.
What’s your timeline?
If you’re on a strict home buying deadline, a leisurely sale or an undecided seller aren’t for you. Likewise, if you are just looking and not quite ready to buy, sellers in a hurry are not going to wait around for you to make a decision. Be upfront about your timeline to avoid future headaches and let sellers know your intentions.
What are your deal makers and breakers?
Do you absolutely need a spare room? How about a fenced yard? Are you concerned with the quality of local schools or your neighborhood’s proximity to your favorite eateries? If so, take note of these preferences before you start looking at properties. This will help you focus on homes that fulfill your needs.
Should you get a real estate agent?
Most home buyers, even experienced ones, lack the education, local experience, network, market intelligence, and negotiation skills needed to manage real estate transactions. Having a real estate agent on your team when looking for a new home will prove invaluable in the shopping, negotiating, and buying process.
House hunting should be fun! Answering these questions ahead of time gives you the ability to focus on enjoying yourself and finding your dream home. If you have any questions that were not addressed here, feel free to get in touch!
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