Are you preparing for the New Year with plans to buy a new home? Buying your first property is an exciting endeavor. Owning a home truly is the American dream! Unfortunately, the housing market and other variables can make this an extremely intimidating and stressful process. To stay prepared during the home-buying experience, follow our helpful tips!
Before you go house hunting, make a list of features that are most important to you. Do you know what kind of neighborhood you want to live in? Or the style of house you want? Tour a range of different properties to get a feel for what appeals to you. When you find some homes you like, go through them a second time and look with your head, not your heart.
Financing A Big Purchase
Can you afford to pay the bills on a monthly basis? This is possibly the most important step when looking for your first home. The rule of thumb is you should be able to afford a mortgage three times your income. Many people are surprised that they can afford a home! All it takes is an analysis of your savings and income and you can find a home that will fit your budget.
Choosing The Right Home
What is most important to you? Location or type of home? These are often the key deciding factors when it comes to choosing THE home for you and your family. Keep in mind that you will likely have to compromise one or two aspects. It might be the cosmetic condition of a home or the number of bedrooms. Most importantly, choose a home with overall features that will suit you and your family’s lifestyle!
Making An Offer
When you finally decide on the right home for you and your family, you should feel emotionally satisfied and financially comfortable with your choice. Sleep on your decision overnight and decide whether or not you have made the right call. When you are ready, it’s time to make an offer. While offering the asking price is a great call, offering a little more will chase other buyers away. Consult a professional and decide the perfect price to offer.
With properties across Monroe County, Sciortino Homes offers a range of well-developed plans and subdivisions in the area. If you are a first-time home buyer, Sciortino neighborhoods features a variety of homes to fit any lifestyle. Join us for open house every Sunday from 1-4 pm and ask about our custom-built homes!