Finding a new home is not an easy job; it will be stressful to the point where you sometimes want to cry. The process can take months, if not years, depending on what you are searching for, as some housing markets are more flexible than others. While it may seem challenging, finding a house is something that you need to do slowly but surely; so, instead of focusing on the bigger goal, we have gathered every step you need to take to have a smooth experience.
It doesn’t matter if you are buying your first house or are used to the process; the real estate sector is ever-changing, and this list that we have concocted for you will make a change. Let’s get into your near future of buying a new property…
1. Online Search
These days, everything is online. Whether you are searching for a flight or someone to repair your dripping kitchen faucet, from products to services, everything that you are searching for can be found online. So, that’s where we are beginning our search. Even if you prefer the old way, you should go through an online announcement at least once to ensure you are not missing great opportunities. You can find good information online too, so make sure not to miss them.
Different sites will provide you with cost per square foot, for how long the house is on sale, the price, and some may even provide you with the house’s past sale history. This will give you a general idea of what you want, and thus you can narrow down your search.
While online sites will provide you with technical information, you will need to see them to make sure they are what they claim to be. Pick some of the options and drive past them to see if you like them.
Try to drive by at different times of the day to make sure that you like the neighborhood, for example, if there is much noise or grocery stores nearby. Choosing a house is not only about the house but also about the neighborhood; you do not want to choose a beautiful house but live in a neighborhood where violence prevails.
You should combine online search with real-life details to be able to find the true gem.
Once you have done the first two requirements, you will find yourself with a narrowed-down selection. Now you should focus on these selections to make your choice. List down some of your main criteria.
I have gathered some examples of criteria that you may want to look at; the number of rooms, bathrooms, square footage, garden, garage, and most importantly, the price range. If you are buying a house with someone else, such as a partner or your spouse, you want to make sure that you are both in accordance concerning the criteria.
4. Search Alerts
At that point, you should have your main neighborhood and have your ‘coup de Coeur. But, do not rest; you will have to check on the listing every day, so you make sure you are not missing a good deal.
Some websites allow you to set search alerts where you can add your criteria, and then they notify you as soon as something similar is listed on their page, so you want to sign up for these things to make sure you are missing nothing.
You may not be aware, but finances are not involved only when buying the house but all the process. You should check your credit score to know how much you will pay the mortgage rates. Keep in mind that you will have to pay for a down payment, so make sure to know how much this may cost.
You won’t find your dream home within a day, it will take time, but that does not mean you should get discouraged. As the saying goes, ‘Great things take time, so make sure to take the time you need to figure out what you want to avoid deception. Let us know in the comments what are the main criteria for your dream house.