The perfect property may well be the one that’s impossible to buy. It’s OK to shoot for the moon because you will fall among stars. But realistically, is that the way to buy a house?
A lot of people fall in love with the perfect property … and can’t afford to buy it. Choosing the perfect home is incredibly difficult because it isn’t necessarily the one you fall in love with.
Your heart will tell you that particular home is the one for you, but you have to consider a lot of other variables! Take a look at these simple tips for finding the perfect home for you.
Research the Perfect Property Carefully
Most of the time, a home will jump out at you, and you will love it. If this does happen, don’t allow yourself to paper over any cracks there may be with the property.
You have to do your research exhaustively and analytically to make sure the property doesn’t have any flaws that may be a problem in the future.
Look up any stats about the property and the surrounding area, makes notes, take photos and ask the realtor any questions that you think are relevant. All of this information will give you a solid foundation from which you can make your decision.
Know Your Limits
Unfortunately, not everyone can afford their dream property. You might want to live in a million dollar mansion or a penthouse suite. But if you don’t have the money then don’t hold your breath… and NEVER over-commit on repayments.
Although you might live in a spectacular property, it might not last for long and everything could spiral out of control financially. If living in a corporate apartment, a suburban family home, or a waterfront property for sale is your dream, there are always ways that you will be able to go about this: you just have to compromise!
Whatever you do, however, don’t compromise your family’s future for short term gains in what may not be the perfect property after all.
Seek A Second Opinion
You don’t have to go through the process alone. In fact, you are better going through it with someone by your side, preferably someone who understands property.
These people are worth their weight in gold because they can catch problems that you could not spot. Or, they can think of questions that need answering that you may not have.
Ultimately, they can help you evaluate your perfect property choices before you make them. A frame of mind like this is essential as you are less likely to make mistakes that could come back to haunt you in the future.
However, even a family member who doesn’t have much of a mind for real estate can be helpful. As long as there’s someone else there who can help anchor you to reality!
Know What’s Important
What you are looking for can get lost in translation after weeks and months of viewing properties. The more you see that you don’t like, the more you drop your standards from the perfect property.
This can be a big mistake, because you may end up with a home that you don’t love in the long-term. Jot down on a piece of paper what you want from the move, and keep it close so you never lose sight of why you are viewing other properties.