Why is homeownership, often considered, a central component of the so-called American Dream? Although each potential home buyer looks for a few different things, perhaps exclusive to him, almost all of them enter the process and period, with specific desires, and HOPES, so it creates a meaningful and motivating experience. If you start the process, focusing on what you are looking for, in your own home, as well as realistically, you can pay (without getting rich at home, but otherwise poor and stressed), the normal and the stresses and strains , doubts and insecurities. , it will be much more limited and severe. With that in mind, this article will briefly attempt, consider, examine, review and discuss, using the mnemonic approach, what this means and represents, and why smart shoppers will pay some attention to some of these central ideas.
1. Heart; heating: The heart of a home should focus on the essential bones of the specific property. A smart buyer recognizes, while one can alter and amend the cosmetic aspects of a home, such as paint, flooring, etc., with a minimum of hassle and cost, if the property’s major components are weakened and / or compromised, it is You may be buying a Money Pit, rather than a nice place to live. Carefully inspect and consider the condition, age, and effectiveness of your heating and air conditioning (HVAC), as well as overall air quality. Consider how long you’ll be satisfied with items, like your kitchen and bathrooms, because if this needs renovation, in the near future, a smart home buyer will factor that added cost into their financial estimates. and skills.
two. Options; opportunities; organized: Is the way, the house in particular, set up and organized, is it something that you feel will suit your needs, goals, and personality? Are there specific options that you believe are essential and relevant to your potential to fully enjoy the home? If there’s something you’re not 100% in love with, are there realistic opportunities to make certain changes?
3. Priorities; perceptions; prices: Start with your eyes wide open! Seriously, know and respect your personal comfort zone, in terms of pricing, including the sale price, and the costs of renovations, etc., that you will be doing for the first year or two. Does this house align with your personal perceptions, where do you want to live?
Four. Emphasis; energize; energy costs; efficiency: Know your personal emphasis, right from the start! A new home should give you energy, in a positive way. Don’t forget to seriously consider your total energy costs, as well as your monthly payments, including principal, interest, property taxes, escrow, and utility costs! If you continue, with a realistic perspective, the process and adjustment will be more efficient and satisfactory.
5. Strengths; Service; sustainable; systems: Know the strengths and weaknesses of the house before you buy it! Do the strengths outweigh the possible weaknesses? Will it serve your needs today, as well as the sustainable future? Make sure all major systems are healthy, reliable, and working right out of the box!
When a potential homeowner focuses on HOPES By purchasing a specific home, you become more capable of making the right decision. Given that, for most, your home represents your greatest financial asset, doesn’t that make sense?