Should You Establish Property Buying Goals?

by Camara Realty, LLC 08/15/2018

As a homebuyer, it may be beneficial to establish goals. Because once you know what you want to accomplish during the homebuying journey, you can take the necessary steps to achieve your homebuying aspirations.

Now, let's take a look at three factors to consider as you develop homebuying goals.

1. Your Dream Home

Define your dream house – you will be glad you did. If you know what you want to find in your ideal residence, you can map out your homebuying journey accordingly.

Generally, it helps to make a list of house must-haves before you launch a home search. This list should include any features you require from a residence, along with your preferred cities and towns.

If you need a home that provides convenient access to your office in the city, for example, owning a house in or near the city itself is a must. Or, if you require a home that offers ample space for you and your kids, you can search for residences that provide multiple bedrooms and play areas.

2. Your Homebuying Budget

When it comes to buying a house, it is beneficial to get your finances in order. That way, you can hone your home search to residences that fall within your price range.

Meeting with banks and credit unions allows you to learn about a broad assortment of mortgage options. These financial institutions can teach you about different types of home financing. Then, you can select a mortgage and enter the real estate market with a budget in hand.

3. Your Homebuying Timeline

Consider how long it will take you to find and purchase a home that matches your expectations. If you establish a homebuying timeline, you may be better equipped than ever before to optimize your time and resources as you search for your dream residence.

Of course, it helps to maintain a flexible homebuying timeline. And if you encounter challenges during the homebuying journey, you can adjust your timeline as needed.

For those who plan to pursue a home, it may be helpful to hire a real estate agent, too. If you employ a real estate agent, you can get the support you need to navigate the homebuying journey like a pro.

A real estate agent is happy to help you explore a variety of homes in your preferred cities and towns. If you find a house you want to buy, a real estate agent will help you craft a competitive offer to purchase this residence. Plus, if your offer to purchase is accepted, a real estate agent will guide you along the final stages of the homebuying journey.

As you prepare to conduct a home search, you may want to develop goals. If you begin a home search with a plan, you could streamline the process of finding and purchasing your ideal residence. Best of all, you may be able to acquire a first-rate house that will serve you well for an extended period of time.

About the Author
Author

Camara Realty, LLC

I have been in the real estate services business in the Juno Beach, Jupiter, North Palm Beach, Palm Beach Gardens, and Tequesta real estate markets for many successful years and will be here for many more. This longevity and confidence comes from my real estate services to a great many Buyers and Sellers, and their recommendations to others that result in repeat and referral business that keeps me productive and successful.

As a full service Juno Beach, Jupiter, North Palm Beach, Palm Beach Gardens, and Tequesta real estate professional, I work with Buyers, Sellers and Investors in real estate transactions spanning all of the price ranges and property types.

Residential Single Family – My residential single family services connect Buyers with Sellers every day, and I do it with professionalism and a total dedication to my clients. This property type is the majority of my market transactions, but by far not the only one in which I have expertise.

Condominiums – While condominiums are residential, they’re a very different market focus, and I am an expert in evaluating condos and helping Buyers and Sellers to cope with the special financing and homeowner concerns for this property type.

Multi–family – Investors are great clients for me. Multi–family properties are a very unique market. The detailed return on investment and valuation calculations investors need to evaluate properties for rental are second nature to me.
 

Vacant Land – Land is a very special property class. It’s relatively easy to show a gourmet cook a wonderful commercial kitchen in a home and see their eyes light up. It’s more of a challenge to help a Buyer or Seller to realize the potential in a piece of land. I'm the best at it in the Juno Beach, Jupiter, North Palm Beach, Palm Beach Gardens, and Tequesta real estate markets.

Call me at 561-629-3979 or email me to start a discussion of your needs. Or, fill out this quick form and tell me about your property interests and an overview of your needs.