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Monday, August 8, 2016

How to Pick the Right Home


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How do you know that you’re buying the right home? If you are looking for a home and you find one in the neighborhood that you want with the right number of bedrooms and bathrooms and in your price range, that could be the right home.

However, as many of you know, these are not the only factors to consider. Things like lighting, upgrades, layout, and the condition of the home make a big difference. These factors make you feel a certain way about the home and help you figure out if you like it enough to make an offer.

Still, what happens if there are four or five homes in the same area that meet your wants and needs? Which one do you pick? As a general rule, if a home meets 80% of your wants and needs list, that should be the right home. It is very rare to come up with a home that meets 100% of your wants and needs.

" Stay firm with your need list
and be flexible with your wish list. "

When you evaluate the homes to select which one is right, make sure you are in the location that you want and that the home is orientated the way you want. You should also evaluate the price of the home. Look at comparable properties with your Realtor to determine whether or not the home is overpriced. Don’t rely on sites like Zillow for home value; Zillow’s estimates are often way over the actual value of the property.

As I mentioned, one factor you should pay attention to is the layout. The home should have the layout you want or be easily modified. Cosmetic issues are important but, again, it’s very rare that a home has 100% of the cosmetics and upgrades you want. If everything else is right about the house, don’t let cosmetics be the deciding factor.

Ultimately, keep in mind that you need to stay firm with your needs list and be flexible with your wish list. If you have any questions, give me a call or send me an email. I would be happy to help you!