Finally you have come to that point in your life when you feel you are tired of paying rent and you need to get your own house. But before you do this you need to ask yourself this questions; Am I ready for this? what are the things I need to know before taking this action?
Here are 8 tips to guide you in achieving that goal.
- What is your budget?
The first thing you need to have in mind is your budget. Do I have enough money for this? since I don’t have enough money should I settle for what I have? what location sooth my budget? should I consider getting mortgage? what mortgage plan do I need? this are the questions you need to come up with to accomplish that dream house.
Some people don’t put budget in mind before they go about their dream house, that is why it becomes impossible for them to achieve it.
- What type of home do I need?
There are several ways to achieve this; what type of house do i need? will it be a duplex, bungalow, row house e.t.c which ever one you come up with is fine as far as it sooth your need go for it.
- What features should your home have?
Make a list of all the features you need in you house, use SMART goal to achieve this; i.e the list should be Specific, Measurable, Achievable, Realistic and Time bound, because you are about to make the biggest purchase of your life. Make sure the list contains your needs and your wants. e.g, balcony or not, swimming pool or not. Just pen them down and work towards it.
- Real estate Agent
- Check the house more than once
Searching for home can be tedious and annoying sometimes but you need to be patience when going through this phase if not you will make hasty decision. so take your time to check out each house before making any commitment, to achieve this please check it more than once, take pictures and notes of the place, and check it out at your convenient time, who knows you may see somethings that you didn’t see before then you decide whether you need it or not.
- Home Inspection
After all the stress of searching. Now you have a place the next thing is to carry out Home Inspection on the building. The fact that the building was perfect when you check it doesn’t mean you shouldn’t do home inspection on the house, you don’t want to start repairing at the first month because you might find out the roof is licking or something else that the realtor didn’t show you then you will be happy because you check and are yet to pay.
- Run from cheap houses
Be mindful of purchasing cheap properties. Before you pay for any cheap property make sure you confirm from professionals that knows the market and compare the price before you pay for it, getting a cheap property is not bad but you need to be mindful, check out the authenticity of the documents before you commit yourself because some people have fallen victim and regret the act. Find out who the original owner is and some other facts before purchasing.
After taking the necessary steps and seeing that the document is authentic, ”Do not delay to make payment”; Because you may lose it to another interested buyer, so grab the opportunity without delay.
I hope this tips has broaden your knowledge on how to go about getting your dream house…