Friday, September 16, 2011

3 Considerations in Buying the Perfect Home for You

There are a number of factors that should be taken into consideration before purchasing one of the many homes for sale in Marietta.

As you begin your house search, it is critical to think through a real estate purchase and consider all aspects of the investment before surging full steam ahead.

With that said, there are a number of factors you should consider when purchasing any home to ensure the property is right for you:

Think with your head and not your heart

Many home buyers make the mistake of falling in love with a home without considering all the practicalities that may come along with the purchase.

Is the home realistically within your budget, or would you be stretching it to make your monthly mortgage payments? Does the home need repairs or updates, and are you financially prepared to address them?

You may love the idea of a certain house, but it is important to think rationally. A good way to make sure you are making the right financial decision is to write down the positive and negative aspects of the home. By carefully analyzing the pros and cons, you can be sure you are prepared to financially handle the home.

Scrutinize the space and size

Whether you're searching for a luxury Atlanta home or a first time fixer upper, think in terms of layout and size. If the home has enough space and enough bedrooms to suit your needs, then it will probably be a smart buy. However, a home that doesn’t meet your space requirements will likely cost you much, much more in the long run.

In addition, call in an experienced contractor to determine how much it will cost you to get the house in the desired condition. This way, you can be sure the cost of the home and the cost of the repairs don’t exceed your budget.

Location should be your primary goal

Always remember that you can change a lot of things about a home, but the location isn’t one of them. Location is, by far, one of the most important factors to consider when purchasing a home. Take the time to research different areas to determine where you want to live, and the research will pay off tenfold.