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Real Estate Expert Leaves Magnificent Advice To First-time Buyers
While most of us aren't too bothered with moving out in a hurry, it's true that finding a new place to live can be quite a hassle. However, with plenty of support from real estate expert and close friends, your castle in the mountains just turned into a reality. Check out these interesting ideas next time you decide to make the move.
1. Plan ahead- How does the timeline for your move look? Are you moving out with family members? Are you bringing pets along? You might want to consider these things and many more as you scour the web looking for deals.
2. List your priorities- You want to make sure that there are a certain number of things you have to have when you are looking for a new home. For example, how concerned are you about the size of your new home? Do you want a front lawn with a white picket fence? How about a pool? The more you rank everything you want or need, the faster the process will go.
3. Stick to your budget- While the budget is definitely important, you don't need to follow it to the tee. Therefore, a general formula would be to keep your mortgage payment at around 20% of your total ...
... household monthly income after taxes and fees. However, if you will be living in the city, you might have to increase that number. This way, you stay within your price range and continue to look for potential homes, leading me to my next point.
4. Keep going- Understand that this process can be hard and trying for you. It was for my parents when they picked out their current house after an entire summer of searching, but in the end it was worth it. Persevere. If somebody does outbid you, that house probably wasn't the one to begin with, and you'll find a better one eventually.
I hope these ideas will help guide your decisions easier in the future with real estate expert, so make sure to celebrate when it's all said and done!
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