Should I compromise on my home purchase?
Author: RSRE   September 20, 2017

Are you buying your first home or moving into a different place? There are many things buyers look for especially in a home, but the question is should you compromise on what you are looking for in a home just to buy quickly. The answer is no. The buying process takes a few days, a few weeks, or even a few months, but you must be patient during the process.

Before you start looking, you already have an idea of what you are looking for in a future home. Here are a few things you may not want to compromise on during your search.

  1. Location.
  2. Don’t buy a fixer-upper if you want a move-in ready home.
  3. Homes outside of your budget.
  4. The floor plan and other amenities.

Location.

Location is everything. Whether you have children, children are in your future, or you don’t want children the location of your home and what school district it is in will determine the value and future resale value of your home.

Don’t buy a fixer-upper if you want a move-in ready home.

The upfront cost of a fixer-upper can be enticing for homebuyers, especially for first-time buyers. If you aren’t aware of the costs of buying a fixer-upper or are not able to do a majority of the work yourself, it may be in your best interest to skip on a fixer-upper. The benefit of buying a move-in ready home is that you are able to start enjoying your new home as soon as you turn the key!

Homes outside of your budget.

Have you set a budget before you started your home search? It is in your best interest as a buyer to set a budget and stick to it. The bank may tell you one thing, but you should always look at your budget and see what you can afford without breaking your budget.

The floor plan and other amenities.

Do you need four bedrooms and two bathrooms? If so, don’t settle for anything less. It is important as you are searching for your future home that you stay firm on the things that you need. If you need a garage, stay away from homes that do not have a garage. Settling may seem like a good idea at first, but after a few months the newness will wear off and you may find yourself looking to move again.

If you are ready to search for your future home, be sure to contact us today!