Posts Tagged ‘buying dream house’

For the Newlyweds: How to Shop for Your Dream House

Saturday, September 24th, 2011

For the newlyweds who want to establish their nest egg, buying your own home is way better than renting since not only will it provide you with a sense of ownership over something, buying your own home also means having your own investment of money, time, effort and emotion. Which gives you more reasons why you want to find that perfect home for you and your future family.   

  • Prioritize what you want.  Make sure that you’re on the same page with you and your spouse. As a couple, discussing about your home is very important such as the where it’s located, the kind of neighborhood, and all your must-haves for a particular home. Not to forget the value of compromise and being patient with each other and it’s not unusual that couples want different things sometimes, hence you should know when to compromise.
  • Negotiation skills. And we’re not just talking about the price here, you must negotiate on all levels. For example, you can also negotiate for time. Never show the seller how badly you want a particular home; it will be a disadvantage for your part if the seller feels that you’ll do anything for that house.
  • And also, don’t be afraid to ask—you’ll never know where asking may get you.
  • You should have a good credit standing.     Make sure that you got a good credit prior to purchasing a house. If you have some pending debts, you got to pay off them first and make sure that you can also afford to pay not just the down payment but also the monthly mortgage payments.     This also means not to make common mistakes such as spending too much for furniture to fill the new house, but in the end, only lose it since their credit is now low.
  • Think you’re investing on your future. Take note that you’re buying a home not just for you, but also for your family as well. So there’s a lot of emotional investment attached to it. Then, can you picture yourself and your family living there not just for now, but for a long time? For your dream home, make sure the price is reasonable and practical. If not, the financial stress may not only damage your credit score, but also your marriage.

Want more options for buying your dream house? Just visit Homes for Sale in Gilbert and Queen Creek Real Estate.