by: Camille Marie Antoinette Castillo
As humans, we have an evolutionary need for stability, community, and neighborhood, which owning a home can provide. For decades, owning a home has been everyone’s dream and a life milestone but it can be quite stressful especially for first-time homebuyers. After all, a lot can go wrong.
Buying a home can seem like a daunting process- it just may be the most expensive and emotionally charged purchase of your life. But even during a pandemic, with careful research and determination, the keys to that dream home can be yours. We’ll help you along your path toward homeownership. Here are some of the main steps that can help make the home buying process manageable and help you make the best decision possible.
1. START YOUR RESEARCH
As soon as you’ve decided to buy your new home, start reading magazines, newspapers, or even on our digital platforms such as Facebook, Websites, Youtube, Property Listings, and other social media platforms. Create a note of particular homes you are interested in and see how long they stay on the market. Also, note any changes in asking prices. It will give you a sense of the housing trends in specific areas.
2. KNOW YOUR BUDGET
Once you've fallen in love with a particular place, it's hard to go back. You start dreaming about how great your life would be if you had all the best things it offered. However, if you can't afford that investment you'll end up lusting after something you can't afford that can put you in the dangerous position of trying to stretch beyond your means financially or cause you to feel unsatisfied with what you actually can buy. Start your search at the low end of your price range. If what you find there satisfies you, there's no need to go higher.
3. GET PREQUALIFIED AND PRE-APPROVED
Make sure to be pre-approved for a loan before placing an offer on a home. The pre-approval process can also help you locate the aforementioned financial neighborhood for your house-hunting expeditions. Be aware that even if you have been pre-approved for a mortgage, your loan can fall through at the last minute if you do something to alter your credentials, such as finance a car purchase. If your actions cause the deal to die, you may have to forfeit any deposit or earnest money you put up when you sign the contract.
4. FIND THE RIGHT REAL ESTATE AGENT
Real estate agents are important partners when you’re buying or selling a home. They provide you with helpful information on the property and the location you are interested in avail. Their knowledge of the home buying process, negotiating skills, and familiarity with the area you want to live in can be a great help. Most of all, it doesn’t cost you anything to use an agent – they are doing their best to help the clients achieve the home they wanted.
5. CONSIDER THE COMMUNITY
Don't just focus on the residence—look at the surrounding area. It's impossible to perfectly predict the future of your chosen neighborhood, of course, but inquiring about or researching its prospect now can help you avoid unpleasant surprises down the road.
In conclusion, buying a house is a big decision especially in this time of the pandemic, but it doesn't have to be difficult. However, since it's so natural for emotions to come into play, you need to ensure you are making rational choices, rather than getting wrapped up in the notion of a dream home—or conversely, of yourself as a master builder/renovator. If you're aware of the issues ahead of time, you can protect yourself from costly mistakes and shop with confidence.
In short, when it comes to buying a new home, be realistic, take your time, never act on impulse, and, ultimately, make a home-purchase decision which good for both your feelings and your finances. And that’s why in buying a new house always consider Lessandra. A community with convenience and comfort. Also, it guarantees a safe and secured own space for its homeowners, with the best everyday living.
Without a doubt, Lessandra is the top choice for a secured life. Owning and living in Lessandra is reaping the fruits of a smart investment, where aliwalas life is felt and experience every day.
Offering affordable house and lot in over 40 areas nationwide, Lessandra is the best decision when it comes to a quality own space! Follow Lessandra on Facebook, Youtube, and Instagram, and on Twitter, for updates and exciting offers.
Links:
https://www.nytimes.com/guides/realestate/how-to-buy-a-house