Before You Look for Your Dream Home: Know What You Want vs. What You Need!

Dated: 07/07/2019

Views: 24

Before You Look for Your Dream Home: Know What You Want vs. What You Need! | MyKCM

In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search.

If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d LOVE to have in your new home. Many new homebuyers fantasize about the amenities that they see on television or Pinterest, and start looking at the countless homes listed for sale through rose-colored glasses.

Do you really need that farmhouse sink in the kitchen to be happy with your home choice? Would a two-car garage be a convenience or a necessity? Could the “man cave” of your dreams be a future renovation project instead of a make-or-break right now?

The first step in your home buying process should be getting pre-approved for your mortgage. This allows you to know your budget before you fall in love with a home that is way outside of it.

The next step is to list all the features of a home that you would like, and to qualify them as follows:

  • “Must-Haves” – if this property does not have these items, then it shouldn’t even be considered (ex: distance from work or family, number of bedrooms/bathrooms).
  • “Should-Haves” – if the property hits all of the ‘must-haves’ and some of the ‘should-haves,’ it stays in contention but does not need to have all of these features.
  • “Absolute-Wish List” – if we find a property in our budget that has all of the ‘must-haves,’ most of the ‘should-haves,’ and ANY of these, it’s the winner!

Bottom Line

Having this list fleshed out before starting your search will save you time and frustration. It also lets your agent know what features are most important to you before they start showing you houses in your desired area.

Buying or selling, I'm here to serve you. Call or text me at (602) 300-0423, or connect at any of the social media sites below and put me to work for you!

               

Ben Zallaha

Ben Zallaha

Realtor GRI, ABR

Realty ONE Group Mountain Desert

www.bensellsprescott.com

(602) 300-0423

Buying or selling, my primary focus is to make the transaction as smooth and hassle free as possible. How can I serve you?

Blog author image

Ben Zallaha

An Arizona native, I have a heart for serving others and am excited to be helping folks with one of the biggest transactions in their lives through being a Realtor. Lived in in the greater Phoenix Met....

Latest Blog Posts

Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget

Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget Most new homeowners have something about their property that they want to change. And as family needs and design

Read More

Before You Look for Your Dream Home: Know What You Want vs. What You Need!

In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search.If you’ve been thinking about

Read More

June 2019 Real Estate Market Review

Prescott Market Review June 2019Highpoints:Inventory Levels Still Lower than Buyer DemandSold Prices Holding Steady with Slight DecreasesHomes are Selling Faster Low Interest Rates May

Read More

Top Ten 1031 Exchange Misconceptions

Top Ten 1031 Exchange Misconceptions1.  LIKE-KIND MEANS I MUST EXCHANGE THE SAME TYPE OF PROPERTY, SUCH AS APARTMENT BUILDING FOR APARTMENT BUILDING. All real property is like-kind to

Read More