Three Ways to Find the Perfect Home For You
Are you looking to find the perfect home for you? Three ways to help you find your ideal home are checking your home’s location, knowing your style, and knowing your finances.
- Location, Location, Location!
Finding the perfect home for yourself can get a little tricky. You must do your research about the area. Ask yourself, is the house’s location in a safe place, is it near schools, is it near your job? If you can not answer those questions, drive around a 2-mile radius to see if the location best suits you. If you plan to sell your home in the future, it would be a brilliant idea to research the property value.
- Know Your Style
Do you know what style of home you are looking for? Do you like a rustic style home, or maybe a modern European style home? Knowing what type of home you are looking for will help you and your realtor find the perfect home for you. Consider maintenance. Do you want a big or small yard? Single-family homes offer more privacy if you have kids or pets, but that does mean you will have more maintenance. If you are looking into a condo-style home, you will have less maintenance and monthly dues to an association.
- Financing and Budgeting
Money plays a significant factor in purchasing a home. It helps to be pre-approved and know what you qualify for before buying a home. Be careful not to take out a mortgage that is too big for you to handle. It can go downhill very fast. Using the 28/36 rule will help you create a budget. When you follow the 28/36 rule, your monthly housing expenses should not go over 28% of your monthly gross income. Expenses such as housing costs, car payments, etc., should not exceed 36% of your monthly gross income. If you stick with this rule, you will be able to afford your home comfortably.
To find the perfect home, you need to research the location of your home. Drive around and see if schools, stores, and your job is close by. Research the area to see if it is safe for you and your family. Know the style of home you want to purchase. Single-family homes or condos each bring different factors to consider when buying a home. The 28/36 rule will help you budget and finance your home comfortably. For more helpful real estate blogs, go to nancyopensdoors.com.