Building Your Home Buying Plan of Action
Whether you are a first time home buyer or a seasoned home buyer being organized with your thoughts, steps to take and paperwork, a home buying plan of action per se, will greatly reduce the stress level that inherently by nature of being human seems to come with making a home buying decision. Yes it is always stressful when making one of the biggest personal investments one makes in their lifetime. So lets get started.
Step One
Every home buying decision starts with ones comfort level in what their monthly mortgage expenses are going to be. Everyones lifestyle and willingness to put X $$ amount in a monthly mortgage is a very personal decision. Committing to a mortgage is a long term commitment and making the right choice and decision up front is important. To start this first step of your home buying plan of action you have a couple options. 1) contact your real estate agent and ask for the names of some good reputable lenders. What you do not have a real estate agent yet??? Then you and I need to talk and soon. 2) contact a lender directly. Once you have chosen a lender you are comfortable with you need to sit down and go over all your mortgage options and come up with a home buying plan of action that works for you and your financial lifestyle. Think of this as your purchase power. The power to know you are buying within your comfort level and lifestyle and will not be stressing your future love of your new home because you really spent outside your power level. This will also allow you to fully concentrate on finding the best home for you within that power.
Step Two
- Do you need to be closer to your work? To schools? need water access for your love of boating? Closer to other family members?
- You are tired of renting, outgrown your present home, want to raise dogs, current home too big or too small?
- Is it because moving to another area would truly fit your lifestyle better? You feel this is the best time to make that move.
Step Three
This is where you think about what you want in a new home in your home buying plan of action.
- More storage? Bigger yard? More bedrooms? Less bedrooms?
- Must have a garage? Must have a fenced yard? A man cave is a must. A scrap booking room is also
- Has to be a single family, a condo, a townhouse, a big kitchen, a formal dining room.
Buying a home is so much nicer when you have a plan of action in place and
a support team by your side.
Whether you are a first time home buyer or a move up or down buyer I am here to help you with your plan of action. Call me anytime at 410-440-7839 or email me martha@homesaroundannapolis.com. Helping with your real estate needs is my passion.
Next.... The Contract Paperwork For Your New Home
Martha Brown CRS
Long & Foster Real Estate, Inc
Your Certified Residential Specialist for Annapolis Area Home Sales or Purchases
Martha Brown of Long & Foster Real Estate.
Every effort has been made to assure that the information in this blog is as accurate as possible. Martha Brown of Long & Foster Real Estate, Inc. disclaims any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to any information provided by third parties which is accessed through this blog via a hyperlink.
Martha what an excellent call to action! As simple as one, two, three! Good job my friend. Make it a great afternoon in all you do!
Martha. Very good road map to the dream of home ownership.
John- Thanks. Having a plan of action is important in all great things we want to do and accomplish. :0)
Belinda- Thanks so much,
Martha, I missed this in the week. It's perfect for new buyers. Look out for my reblog.