14 tips to help you buy the home of your dreams
How do you imagine the house of your dreams and how long have you been wanting to find it?
Since you were little, you have imagined living in a home that was a dream and now you have the opportunity of your life to buy it.
Do you want to achieve it with the best possible results? Write down these 14 tips and make this wish come true.
14 tips to buy the house of your dreams
Who would turn down the opportunity to buy the home of your dreams?
Oddly enough, most people enjoy this option and let it go by not moving fast enough to take advantage of it.
For this reason, I have prepared 14 tips for you to be able to find and attack it without thinking twice:
- Decide which is the type of home that best suits your needs.
- Determine what your maximum price to pay is.
- Know the price per square meter in the area and compare it with other options.
- Be clear about the difference between square meters of construction and land.
- Understand how amenities affect property value.
- Review the mortgage options at your fingertips.
- Decide how you want to pay for the house.
- Be clear about who you want to buy from.
- Understand how equity works.
- Find out how to compare property prices.
- Analyze the location well.
- Take your time.
- Consult a real estate advisor with your doubts.
- Do not miss your opportunity.
Are we going for them?
Decide which is the type of property that best suits your needs
Are you looking for a house or an apartment? Would you like a new property or would a second-hand one work?
Make this decision before you start looking. It will allow you to limit the places where you can look and use the filters in real estate portals such as houses.
Determine what your maximum price to pay is
It is always a good idea to put a limit on the amount we can pay. It will help you narrow the search and not get excited about properties that do not suit your pocket.
Know the price per square meter and compare it with other options
When you choose the location where you want to buy your property, find out the price per square meter and compare the different options you have.
At first, property may seem like a bargain, but when you investigate you discover that it does not have any of that.
Be clear about the difference between square meters of construction and land
The land is the basis of the building and usually has a different value from the one built.
Do you know why?
Because other elements come into play in the building, such as extensions, the quality of materials and finishes … that do not influence the terrain.
Understand how amenities affect property value
The amenities enhance the value of the property.
So if you give up some of them from the beginning you will find more affordable prices.
Review the mortgage options at your fingertips
Look at the mortgage market and analyze if it is the right time to apply.
Many changes occur over the course of a year that can put you in a better or worse position.
Decide how you want to pay for the house
It is essential that you are clear about how you will face the payment of the house.
Most people mindlessly choose a mortgage, but there are other options.
Be clear who you want to buy from
Particular? Builder? Real estate?
Each of them has advantages and disadvantages. Spousals!
Understand how equity works
The capital gain reflects how prices work over time and is a signal that must be understood in order to decide on supply and demand strategies.
It’s worth spending a few hours educating yourself before taking the plunge.
How to compare property prices
We recommend that you choose one or two variables that interest you above the rest and compare them.
The more variables you put into the equation, the more difficult it is to make a thoughtful decision.
So take into consideration the ones that are most important to you and act accordingly.
Analyze the location well
How is the public transport in the area? Are there schools nearby? Are there places to buy food?
Many buyers only look at the property and then are surprised that the adjoining areas do not meet their expectations.
Don’t be like them and take a walk around the area. Even with Google Maps!
Consult a real estate advisor with your doubts
How much money will you invest in buying a home?
It is probably one of the largest investments of your entire life, if not the most.
So I want to ask you a question: is it worth doing with doubts in mind?
If you asked me, I would say no.
For this reason, we advise you that if you have any questions, consult a real estate advisor. They will solve them for you and work so that your shopping experience is perfect.
Take your time
Don’t be in a hurry. Buying the home of your dreams is a background job.
So look at all the ones you have to look at and make the decision when you have the conviction that it is the place where you imagine yourself.
Don’t miss your chance
Have you found a property that you fell in love with? Well, don’t waste your time and take the opportunity.
If you have been impacted like this, it is more than likely that the same thing has happened with other people. Those feelings will be shared.
Don’t let them get ahead of you!
Sometimes overthinking carries consequences.
Are you ready to start looking for the house of your dreams? If so, the best place to start looking is in homes. We will help you make your shopping experience unique and savour it with the taste of someone who fulfils what they imagined when they were a child.