Most of the big decisions that you’re going to have to make in life aren’t going to be super easy to make. This includes buying your own home. Here, we’re going to look at a few steps that you can take to simplify and better prepare so that it can be a little less stressful.
Have your budget in place
There shouldn’t be a lot of uncertainty about how much buying a home is going to cost you or where you’re going to get the money from. Put together a budget for the entire process, something that this home buying calculator from Ing can help you with. Determine how much you’re going to need and ensure that you have the majority of that money saved up by the time that you start looking.
Get the loan pre-approved
Before you’re going to be able to make an offer on any home, you’re going to need a loan from a lender. Take the time to start putting together the paperwork and make your application to the lender for pre-approval. Don’t forget that you’re going to need the deposit to open up the loan in the first place. That should be counted as part of the budget but it bears mentioning, all the same.
Know where to source your homes
Working with a great real estate agent is one thing. They will undoubtedly be plugged into the market in ways that you will not. However, they should not be your only source for houses that are currently on the market. Sign up to local house sale lists, check-in with websites like Bellriver Homes on a regular basis for house and land packages, and keep an ear out for new homes for sales in any way you can. The broader your search, the better your chances of finding the home that’s the right fit for you.
Know your criteria before visiting the home
It’s quite easy to get overtaken by your emotions when you visit a home that looks like an excellent place to live. It can overshadow your better judgement at times, so it’s important to try and keep a cool head by keeping a list of your needs and wants. If it doesn’t check them off, it doesn’t matter how much you like the look of it, it’s not going to be a good fit for you.
Get ready for the move itself
Once you have the home bought and the papers signed, actually getting there can be quite stressful in and of itself. Follow some basic moving tips like having a moving company booked ASAP, packing in advance, downsizing your move by giving away what you can, and more to prevent the moving day stress.
Easing the home buying process is all about making sure that you’ve got the prep work down. If you do not or you can’t have it in place right now, it might be a sign that you’re not ready for the journey just yet or you might have to find some other options.