How To Navigate The Minefield Of Finding The Perfect First Home

Written by Posted On Wednesday, 23 March 2016 01:06

There’s no doubt that the first step onto the property ladder is the most frightening. It doesn’t matter whether you’re moving out from your parents or have previously been renting. There will be plenty of emotions running through your head, and a lot of them will be negative thoughts.


After all, this is the biggest financial commitment that you’ve ever made. Therefore, you must take every possible precaution to make sure that you get it right. It is a difficult challenge. But with the right level of commitment, there’s nothing to stop you finding your dream home.

Here’s everything you need to know.

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Know Your Options

There are many factors to consider when searching for the perfect property. Quite frankly, if you don’t appreciate your options, you’ll never have a hope of finding the dream home.


For starters, you need to take location and other crucial items into consideration. Moreover, you need to think about the type of property that suits you. After all, there’s little point in having a five bedroom house if you are just living with your partner. Checking apartments for sale is obviously the far better option.

Meanwhile, you might want to consider the prospect of building your home. It’s certainly not for everyone, but under the right circumstances it can be a dream come true. Put in the effort during these planning stages, and you should be just fine.


Understand Fees

As a first-time buyer, there will be a number of elements that shock you throughout the process. One thing you need to know is that the price you bid on a property isn’t the only cost to consider.

Of course, you need to think about mortgage repayments etc. But it’s equally important that you appreciate the agency fees and other related costs. Property surveys and other necessary processes will soon add. If you haven’t factored them in, you could find yourself in a very difficult position.

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Conducting research is vital, and you should look to speak to an advisor. Alternatively, parents or friends can be a great outlet to ensure that you haven’t forgotten any major expenses. Otherwise, the dream could soon become a nightmare.

Make Improvements

No home you move into is going to be 100% perfect. No two homeowners are the same, and you will naturally want to stamp your authority on the design aspects. Essentially, you want to transform the property into a home.

Of course, there will be a few design ideas that you want to embrace. However, the most important thing is to make practical decisions. Opting for a greener home will instantly enhance your relationship with the property in many ways. Meanwhile fixing any little problems, like leaks, should be top of your agenda.

Celebrating your family with photos and reminders of great times will provide the finishing touches. With the right property at the right price, adding character will ensure that you fall in love with the home. And that’s all that anyone could ever hope for.

 

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William Hayes

I am a financial marketing analyst based in California USA.

www.icduilawyer.com

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