Century 21 Mountain Lifestyles
Century 21 Mountain Lifestyles
Eunice Pearson, Century 21 Mountain LifestylesPhone: (828) 230-4894
Email: [email protected]

Should You Establish Property Buying Goals?

by Eunice Pearson 05/10/2020

As a homebuyer, it may be beneficial to establish goals. Because once you know what you want to accomplish during the homebuying journey, you can take the necessary steps to achieve your homebuying aspirations.

Now, let's take a look at three factors to consider as you develop homebuying goals.

1. Your Dream Home

Define your dream house – you will be glad you did. If you know what you want to find in your ideal residence, you can map out your homebuying journey accordingly.

Generally, it helps to make a list of house must-haves before you launch a home search. This list should include any features you require from a residence, along with your preferred cities and towns.

If you need a home that provides convenient access to your office in the city, for example, owning a house in or near the city itself is a must. Or, if you require a home that offers ample space for you and your kids, you can search for residences that provide multiple bedrooms and play areas.

2. Your Homebuying Budget

When it comes to buying a house, it is beneficial to get your finances in order. That way, you can hone your home search to residences that fall within your price range.

Meeting with banks and credit unions allows you to learn about a broad assortment of mortgage options. These financial institutions can teach you about different types of home financing. Then, you can select a mortgage and enter the real estate market with a budget in hand.

3. Your Homebuying Timeline

Consider how long it will take you to find and purchase a home that matches your expectations. If you establish a homebuying timeline, you may be better equipped than ever before to optimize your time and resources as you search for your dream residence.

Of course, it helps to maintain a flexible homebuying timeline. And if you encounter challenges during the homebuying journey, you can adjust your timeline as needed.

For those who plan to pursue a home, it may be helpful to hire a real estate agent, too. If you employ a real estate agent, you can get the support you need to navigate the homebuying journey like a pro.

A real estate agent is happy to help you explore a variety of homes in your preferred cities and towns. If you find a house you want to buy, a real estate agent will help you craft a competitive offer to purchase this residence. Plus, if your offer to purchase is accepted, a real estate agent will guide you along the final stages of the homebuying journey.

As you prepare to conduct a home search, you may want to develop goals. If you begin a home search with a plan, you could streamline the process of finding and purchasing your ideal residence. Best of all, you may be able to acquire a first-rate house that will serve you well for an extended period of time.

About the Author
Author

Eunice Pearson

I have lived in and loved Western North Carolina since 1964 and I think it is the greatest place to live. I have been in real estate for 35 years and I enjoy helping other people find homes in this area. I am familiar with Buncombe and Henderson counties primarily and some of Haywood and Madison counties. These are the counties that surround Asheville and Hendersonville. Tell me what setting you like and I will help you find it. If you have a house to sell, I can help you there also. Since I show many houses, I am familiar with the values and with what buyers are interested in. I can help you promote your house to the right buyer. When I started 35 years ago, the paperwork was limited and simple, the mortgages had set qualifications and very little variance. It is so much more complex now. I can help you thru the maze. There are mortgages now for almost everyone. Let me help you find the right lender.