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: |
