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Buyer Process: Page 2

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What Kind of House Is Right For You

It’s very easy to become charmed and infatuated with a house and see only the things you like, especially if you’re a first time home buyer. So, have a good idea of what you’re looking for before you go looking. It will be the best insurance you have to make sure you “find the right one.” It should be a house that fits your personality, your every day living, and your future goals.

Start pinpointing the specifics in your new home by taking an inventory of your basic day to day needs. For example, if you entertain frequently, you might need a party/recreation room—maybe extra baths.

Next, think about the future. Will you start or add to your family? Will an elder family member come to live with you? Your new house should be able to accommodate such possibilities.

Lastly, think about the personality you want for your new home. Should it be open, airy, and casual, or formal or classic? Ideally, it should reflect you.

As you think over the above considerations, remember that your financial resources will determine which cutbacks or extras you might consider.

Here are some other important issues to consider:

Older houses have great charm. Older homes in established communities may provide greater convenience for shopping, entertainment and business.

Most new homes offer the latest energy efficient and design features. If you buy a house before construction is complete, you may be able to select the color and design for any tile, carpet, wallpaper and paint.

A fixerupper can dramatically increase in worth. Even small improvements can make a difference. Make sure you understand the extent of fixing that needs to be done before you commit to it.

Cosmetic improvements, such as new windows or floor treatments, for example, can increase your home’s appeal now and later for resale. Make sure your proposed improvements match the neighborhood environment; don’t go overboard and overspend.

Find the right neighborhood by consulting your Real Estate Broker and driving through new areas. Talk to neighbors, if you get the opportunity. While driving around new or different areas, stop and walk around as well.