After several years of diligently saving money, I’m nearly ready to purchase my first home. Because I’ve been thinking about buying a home for so long, I know exactly what I want my house to look like. I desire a place that has three bedrooms and three bathrooms. I also need a quiet space to set up my home office in. I want a massive, walk-in closet in my master bedroom. My master bathroom needs to have double vanities, a tiled, walk-in shower, and a Jacuzzi tub. On this blog, I hope you will discover how to set priorities during your new home search. Enjoy!
Single-family home listings swell close to the holidays. That is because it is easy to stage a home for an open house with Christmas decorations and holiday smells that entice buyers to consider buying a home. If you are looking to buy your first home and you want it to be in time for Christmas, just be sure that the home you buy is the best one you can find and can afford. Here is why.
Settling Means That You May Not Like the Home in a Few Months
Too many homebuyers eager to buy a house and give it to their families for Christmas may see a lot of homes but then just settle for something because they feel pressured or rushed. Do not make that mistake. It is important that you like most everything about the home you finally choose so that a few months after the holiday season you are not experiencing buyer's remorse. Choose what you want in a home because it is exactly what you want—not because it is close to what you want and you feel like you have to settle.
Splurging During the Holiday Season Leads to Post-Holiday "Hangover"
House-hunting during November and December often causes buyers to get caught up in the festive "release of the purse strings," so to speak. You may be more willing to buy a house for the asking price, rather than attempt to talk sellers down to something you can afford. You may also, in the spirit of giving, feel particularly generous toward the sellers in an attempt to win their favor and have your offer accepted. Do not end up as one suffering from a post-holiday financial "hangover" with a house that is now more costly to pay for than you had intended.
Your First Home May Be Your Only Home
There are a lot of people out there who buy a home with the intent of "trading up" at a later date. This is based on an assumption that you will either win the lottery or that nothing financially awful will ever happen to you. If you are particularly lucky, maybe those scenarios will work out, but the vast majority of the population typically do not end up trading up as they had assumed. Instead, they end up living most of their lives in the first home they purchased, which may not have been their first choice had they known it would be their only home.
Buy your first home as a family as though it will be the only home your family ever has, and then you will be sure to buy the best possible home you can afford. Contact single-family home listing services to learn more.