Have you sold your home, or is your rental contract coming to an end? If you’re on the move, and you’re looking for a new house, here are some steps to take to execute the perfect property search.
Analyze your finances
The first task to cross off your list when looking for a new home is to establish how much you can afford to spend. Analyze your finances and figure out a budget for your move. Consider how much you want to borrow and how much you can put down on a property. Explore mortgage offers, seek expert advice to find the best deals and make sure you can afford the monthly repayments before you proceed. It is crucial to ensure that you don’t stretch yourself too far when applying for a loan to buy a house. You want to buy a home that you love, but you also want to be able to get from one payday to the next without worrying about how you’re going to cover bills. Once you have a budget in mind, you can set filters when browsing listings online and give agents a figure to work with.
Contact local real estate agents
Many people use the Internet to find properties now, but hiring a real estate agent can be beneficial for several reasons. If you work with an agency, you can learn about new homes before they go on the open market and agents can also provide information about houses that match your criteria and seller expectations in terms of offers. Real estate agents can also negotiate on your behalf and they have local knowledge, which may be beneficial if you are moving to a different city or state.
Make a wish list
It can be difficult to find a property that is perfect in every way, especially if you don’t have a limitless budget. Before you start looking for a house, think about your priorities and draw up a wish list. Start with everything that is essential or non-negotiable and add luxuries that you would be willing to compromise on at the bottom.
Take advantage of viewings
When you look through listings online, it’s very easy to rule properties out based on what they look like. In some cases, you’ll know instantly that you don’t want to view a property, but often, pictures can be misleading. If you like the sound of a house on paper, but the images are making you wonder if it’s right for you, arrange a viewing. House viewings provide valuable opportunities to take a look around and get a feel for a home. Use your intuition and try to use both your head and your heart. You want to find a property that works on a practical level, but many buyers also want an emotional connection.
Schedule a second viewing
If you find a home that crosses the boxes and you get a warm and fuzzy feeling when you walk through the door, schedule a second visit. Scour every corner, think about how the property will fit in with your lifestyle and take time to explore. It’s crucial to make sure that you want to proceed before you submit an offer. If you are convinced that the property is right for you, talk to the agent before making your offer so that you have an idea of the price the seller is looking for.
Are you on the move? If you’re hunting for a new home, take these tips on board.