Many Americans hope to participate in the so – called, American Dream, by owning a home, of their own. However, since for most of us, the value of their house, often, represents their single – biggest, financial asset, wouldn’t it, perhaps, make sense, to proceed, as wisely as possible, and consider, as many relevant variables, as possible, before proceeding forward, and making a final decision? After, well over a decade, as a Real Estate Licensed Salesperson, in the State of New York, I proudly, adhere to my trademarked slogan, I will always tell you what you need to know, not just what you may want to hear! A consistent message, which needs to be articulated, understood, and followed, is, to focus on specific keys, to decide and determine, if, and when, you should buy any home, as well as some specific one! With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 4 keys to deciding to buy a house.
1. Your needs/ desires: Begin by differentiating between your personal, wish list, and what, you, truly, need! How many rooms, do you seek, and why? How much property, makes sense. for you, and your personal situations? Which parts of a house, are most important, and relevant, for you, and why do you believe, so? How about the neighborhood, region, specific block, and location? Have you checked into safety/ security, schools/ education, convenience to transportation, shopping, Houses of Worship, to determine, which has the most value, for your specific desires, etc?
2. Credit: Before beginning your search for your supposed, home of your needs, be honest with yourself, and carefully, review, and check, the quality of your credit! Get a copy of your Credit Report, and be certain, there are no errors! Are there any corrections, which might make it better, and improve your score? Depending on your credit, and whether, lending institutions consider you, credit – worthy, generally, determines, whether, you will qualify for, and, what amount, you might receive! If you can’t do so, yourself, consult a professional, before you begin your quest!
3. Funds: Avoid being house – wealthy, and cash flow – poor! Have you accumulated, enough funds, for the necessities, including down – payment, Closing Costs, and necessary reserves? Wise people ensure they have the cash – equivalent of at least six months, in reserve, for emergencies, contingencies, etc!
4. Location: What location makes the most sense, for your needs, requirements, and ability to afford? Take your time, to ensure, you move, where you’ll be happy, satisfied, and comfortable!
Before buying your home, consider these 4 steps, thoroughly, and carefully! Are you ready to prepare, to protect your best interests?Immobilienmakler Heidelberg Makler Heidelberg
Source by Richard Brody