To
buy that home that is perfect for you and your family,
it will help to think about what “perfect”
means. If you come to the buying process armed with
a good understanding of what you are looking for, you
will find it.
Your
Perfect Home
Here
are some things to consider in envisioning your perfect
home: |
-
Think about your “life” requirements (e.g.,
retirement, downsizing, growing family, first home,
etc.).
- Decide
on your “must have,” non-negotiable terms;
prioritize the “nice to have” features.
These would include:
-
Price
- Money
down
- Lifestyle
(urban, suburban, rural, golf course, etc.)
-
Neighborhood/schools/amenities
- House
type (new construction, traditional, transitional,
fixer-upper, new, old, single-family, townhouse,
condominium, etc.)
-
House features (square footage, levels, number
of bedrooms, bathrooms, living spaces, garage,
basement, etc.)
-
Timing of the move.
-
Be flexible. Once you see what is available in your
desirable location and in your price range, you may
decide to modify your requirements.
Gloria
will help you think through your options in developing
the criteria to guide your house search.
Your
Credit Rating
You
also need to think about yourself and how attractive
a mortgage customer you are. It’s always a good
idea to review your credit rating and resolve any issues
before applying for a mortgage. Even for those with
excellent credit, mistakes are made. Contact the three
major credit bureaus for your credit history and Fair,
Isaac for your credit score: |
