Published at Friday, February 15th, 2019 - 14:54:55 PM. Dream Home. By Austin Lagi.
What Makes A Dream Home : Homes are unique in that although for many of us, it is the largest purchase well make, we may buy several over the course of a lifetime. Sometimes we outgrow our homes and sometimes our homes outgrow us. Defining a dream home is a personal exercise, but whatever makes a home a dream home, there are certain universal considerations. A dream home isnt a dream if its not in your dream location. Some people prefer a downtown condo, with nightlife nearby. Others prefer a gated community in the suburbs with strong schools. There are homes along riverfront property or zero-lot lines to choose from as well. Before you can find your dream home, you must know your dream location and community. Find an area that has your requirements: up and coming vs established, full of young families or retired couples or both, near good schools and parks or an easy commute to work. Think about what you want the entire home experience to be like before you commit to a home or offer. Once youve decided on what makes your dream neighborhood, think about what is driving you to purchase? New family? New job? Retirement? Job transfer? Just married or just divorced? Answering some simple and easy questions at the beginning of your search can eliminate hassle later. Know your square footage requirements, what you must have in a home and what you cant stand. Some people want to buy an existing home and others want a custom build. Even when working with a builder, know what elements make up a dream home. Whatever the reason you are buying a home, there is always one key factor: location. Whether you are buying based on the schools, the commute to work, proximity to a golf course or want a gated community, the location of your home is the first part of making your dream come true. Know what you want in regards to location and what that means. A riverfront property or a downtown loft, both bring out different aspects of home ownership. As you continue to look in your desired location, think about the layout and design of the houses you are viewing. Will your current furnishings and décor look good and fit in the space? Or does buying a new home mean all new furniture? Also consider your lifestyle, if you enjoy hosting events in your home, think about the guest friendly attributes. For those who are downsizing, ensure your treasured items fit in the new smaller space. If you love to garden, a zero lot line home may not be for you. Lastly, make sure that your potential dream home fits your budget. Its not easy to continue to host events when your mortgage has eaten into your entertaining budget. Every dream home will have some need for repair and maintenance, make sure that you are able to build and keep a savings account for such events and emergencies. A broken water heater or blown air conditioning system on the first day of summer can happen in any home, dream or not. By being able to articulate what makes your dream home, you are one step closer to finding the home of your dream today!.
5 Tips To Get You Prepared For Having Your Dream Home Now : If you are a homeowner, or even a potential homeowner, chances are good that you have visions of owning your dream home in the future. The way the economy has been since about 2008 - 2016, many people have been forced to either put off their dream home plans, or have given up on them completely. The good news is this, never before have there been so many options available to homeowners, and new buyers, that having your dream home now may be a distinct possibility. In fact, this article will outline several courses of action that could put you in your dream home a lot sooner than you think. 1. Step away from the computer. The trouble with many people is that they dawdle around looking for their dream home, but spend all of their time looking at prospects on their computers. In fact, according to experts, more than 90 percent of potential buyers spend most of their time online looking for a home. For getting leads, this is great, but at some point you need to close the computer, go out, and look at houses. 2. Educate yourself on markets and trends. A lot of finding your dream home is a matter of watching the market and being able to predict when the prospects of finding such a home are good. You should understand market values so that when a deal does present itself, you are ready to pounce on it. 3. Watch for low interest rates. Dawdling can also cost you in another way: taking too long to take advantage of low interest rates while they last. 4. Get pre-approved. You can get yourself into a good position to buy the home you want, as soon as you find it, by getting your loan application started now, and determining what that amount is before you start looking. In fact, many buyers are now putting themselves into an ultra-competitive position in the market by going beyond the pre-approved stage to become fully-approved before making a purchase. Not every lender offers this possibility, but many do. When they do, take advantage of it! This will make you a more valuable buying party to the sellers. 5. Consider remodeling. When it comes time to start thinking about buying your dream home, a lot of options probably come to mind. Unfortunately, one option that is very important often eludes most people, remodeling an existing home. The truth is that remodeling can solve a lot of different issues related to home buying and selling. First, of course, if you decide to remodel instead of buying a new home, you can create practically anything you want in your dream home from your existing home. Another reason for a remodel, even if you decide to sell, is that remodeling can help you to correct many problems that might exist that buyers will want to reduce the cost in order to fix. Finally, remodeling a home provides good return on the investment, whether you decide to stay in your home, or you decide to sell it.
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