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First,
you should write down why you are looking
for a new home. For example, are you
currently renting and would like to
have a home where you can begin building
equity? Maybe you recently married and
have outgrown your current residence.
Or, maybe you have just gotten a promotion,
which requires you to move to a new
city. These factors will all have a
bearing on how you approach your home
search.
Second,
establish a time frame that you would
like to stay within for buying your
home. Depending on your reasons for
wanting a new home and the current state
of the market in the area you are looking
to buy, you should be able to come up
with a rough guideline, which you can
finalize at a later time.
Last,
you most likely have a mental picture
of what you would like your house to
look like and what features it should
have. It's very important to write these
ideas down to avoid any ambiguity later
in your home search. You should make
at least two lists: one should be a
list describing your dream home and
the other should list the features of
the home that are an absolute must have
in order to buy it. In a perfect world,
your new home would fulfill both lists
100 percent. It is more likely that
you will end up blending the two lists
into a schedule of prioritized items
as you progress through the buying process.
This is a natural and evolutionary process
as you get clearer about what you want
and what is available. |
