Being Prepared to Find the Perfect Home- By: Brandy Coffey
There are some great basic ideas to ensuring that you get the most out of your new home purchase. Many people dive headlong into home buying with only as much direction as their emotions offer them and the only limit being that which the bank says is the most that they can spend. However, it is best to use a little more critical thinking when youíre looking at buying a new home.
Make sure that even before you even start looking at properties that you contact your lender and go through the pre-qualifying process so that you know what kind of price range that you can buy into. Remember though that the cost of the actual house isnít the only cost that you need to take into account, there are always some extra fees with closing costs and the like.
When you get your pre-qualification from your lender, donít plan to spend every dime that youíve been approved for on a home. Not only there are extra costs associated with buying a home, but there are also the costs of taxes, insurance, and immediate home improvements.
Factor into account the cost of living when youíre looking at different areas; one area can cost far more to live in than another one. Make sure that you include the cost of commuting for all adult residents of your home. If basic amenities, like grocery stores, are a lot farther away in one area versus another, that will add up in driving time and gas costs. Even a commute that is ten minutes longer a day can add up to cause frustrations if you value your time off the road.
When you have decided what price range would work for you and your family, look for the best neighbourhoods with homes in your range in it. When you buy a home, youíre really buying the location more than anything else; everything else about a home can be changed except where it resides! Be wary of a home that is priced far lower than others in its neighbourhood though; if a home is much cheaper than the surrounding houses, then you might want to ask some serious questions about why that is.
Use your brain when you pick out a home to buy, instead of only your heart. While it is important to buy a home that you love, it is also important to know that youíll have the means to keep the home that you love and afford to pay your bills while you live in it as well.
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At Coffey & Company Realty, Brandy Coffey and her team of qualified specialists will assist you in your search for Sarasota real estate. Discover some of the unique properties at The Oaks Golf Club in Osprey Florida, or other lesser known gems along the coast.