5 Steps to help make home buying FUN!
The thought of home buying being fun might sound optimistic to some, and downright ridiculous to others. Sadly many who have been through the process of buying a home have described it in the exact opposite way…STRESSFUL, HARD, OVERWHELMING.
We have noted five things to that will help you reduce and hopefully eliminate the potential hazards involved in buying a home.
1: Assess Your Financial Situation Carefully
Take some time to tidy up any debt you may have. Check your credit history and make sure you deal with any known or unknown credit issues. Prepare a budget and have in mind what you feel you can afford to repay on a weekly or monthly basis. Enlist the services of a professional mortgage broker to help you in understanding the home loan process, and finding a lender and loan facility that suits your individual needs and financial goals.
2: Research
Today there are many ways to search for properties that may suit your needs. Make good use of the internet, newspapers, magazines, referrals and real estate offices to help you understand and weigh up what your money can buy – and where you would like to buy.
3: Listen and Ask Questions
Especially if you are buying a home for the first time, talking to others who have already been down that path once or several times will be helpful. Ask them about what they have learned – what mistakes they made, or what they found worked well. Listen to their experiences and try not to repeat the mistakes they made….it will save you a lot of grief!
4: Choose Professionals Carefully
Your experience could be determined by the professionals you choose to assist you with your purchase. We have already noted the importance of a mortgage broker, but you will also find that choosing carefully your real estate agent and solicitor or conveyancer will make all the difference. Referrals are a good way to find a good agent/solicitor/conveyancer, but it is also wise to do some research yourself – talk to them and see if you feel confident in their abilities and their commitment to helping you through a smooth transaction.
5: Celebrate Your Success
There is a huge amount of time and effort involved in purchasing a property – by all parties involved. If you have managed to cover the above steps well, hopefully you will be able to say with confidence that your home buying experience was not only a positive one, but also FUN! You will then be able to pass on your valuable experience to others and enjoy the excitement of moving into and living in your new home.
