BEFORE YOU BUY A HOME, LET’S BE SURE THAT YOU ARE CLEAR ON YOUR INTENTIONS, MOTIVATIONS, AND PRIORITIES FOR YOUR HOME
Have your home needs changed necessitating a larger or smaller home? Are you relocating to a new area? Are you tired of paying rent? Have you decided to pay your own mortgage and not your landlord’s? Are you looking for a rental or investment properties? Would you like to live in a waterfront home or in a golf course community? Would you rather live in a different area? Are you striving to shorten your work commute?
Having a clear sense of your reasons for buying and your priorities for price range (min and max), home age, home size, number of bedrooms, pool/no pool, school district, location, proximity to work/home/shopping, waterfront, golf course lot, garage, pet friendly, or other amenities you desire in your home. Be clear on what items are “must-have” vs. “like-to-have”, or items that just don’t matter will help you choose your perfect home.
HAS YOUR INCOME GROWN?
Property ownership is an excellent investment; whether you are looking for your dream home, a rental property, or to expand your investment portfolio. Owning real estate is one of the least risky ways to build equity or to obtain a greater return on your investment.