So you think you’re ready to buy your first home. That’s great and is terrifically exciting but you should go through this list of steps to make sure you know what you are looking for and how to get that done. If you organize yourself in this way it’s not really as intimidating or as taxing as you might think.
What Size Of House Do You Need?
This is a really obvious point but not often where people start when thinking about a house as it can affect a lot of your other thinking and decision making. You will need to consider this carefully as it’s important to think of your current needs, such as how many children you have, as well as future needs like any more children, or as they grow up will you need more rooms. As well as the number of rooms in the house layout and storage space and size of rooms are also important.
Where Do You Want To Live?
Location is all important and it’s important to consider where you want to live and where you would consider living. Are you dead set on a particular area then your options may be limited but if you are prepared to look further afield you could find a great deal. You’ll need to consider transport links if you have a set workplace and schools access if you have a family, crime rates and local amenities will greatly affect quality of life and happiness as well.
Work Out What Level Of Mortgage You Can Afford.
Once you’ve looked at all of the above you can start thinking about all of the important questions about getting a mortgage and finances. You can easily do a quick and painless check on what type of mortgage you can afford with a check on a mortgage comparison site where you can compare mortgage rates and see what you would be eligible to borrow based on your current circumstances. You’ll need to think about whether you have a deposit available or will you need to save up for this? Be realistic and don’t overstretch your budget to get a house you can’t quite afford because you will end up miserable and struggling with no social life and that’s not good for anyone.
Sort Out The Logistic Of Moving House
Once you get all the finances, location and practicalities of getting the house in place you will need to start thinking about the actual move itself and there’s a lot to think of to make this happen. Firstly if there’s any decorating or work needing done in the new house then make sure it’s done before you start moving all of the furniture in as this will be a nightmare otherwise. Work out if you need to get a moving company in to help or do you have a van or friend with a van that can help?
Overall, enjoy this as it’s a lot of work but owning your own home will be such a rewarding experience and one that will benefit you for years to come.