The Home Buying Roadmap For People Wanting Their Dream Home
Written by Jennifer Boecker on Feb. 5th 2021
Buying a home, it's probably the biggest investment you will ever make. It is where you sleep, eat, raise a family, come back from work, and where you call HOME. The time you spend at home takes up a huge chunk of your life. It helps to have a MAP so you can get to the right home instead of ending up at the wrong one so you don’t spend most of your life in a place you don’t like.
In this article I am going to share with you the roadmap to buying your dream home. Whether you are a first time home buyer or a seasoned investor, the same rules apply. Let’s get started!
Getting pre-approved really is the first step in the home buying process. The reason is you need to know how much home you can afford. If you can afford $500,000 but you are looking at $600,000 it is going to get very frustrating when it comes time to put an offer in when you can’t afford it. On the other side, if you can afford $500,000 when all you think you can afford is $400,000, then you are missing out on options that may be better for you and it's a comfortable price point. Also important, is that the seller of the home that you put an offer in on will not accept it without a pre-approval letter because they don’t want to take their home off the market when they have other offers that do.
Now that we have the pre-approval letter, we will use that in our criteria. It is so important to generate the right criteria so you know exactly what you want. If you don’t know what you want, you will not get it. If you don’t know where to go, you won’t get there. It’s like having the best plane in the world, but not knowing where to go, it just doesn't matter. So, generating the criteria, aka asking the right questions, will point you in the right direction and help you navigate all of the homes on the market.
Generating A List Of Homes
After getting all of your necessary criteria, you will need to generate a list of homes that match that criteria. Going on the MLS and finding all of the homes that match will get you the list you need to move forward.
Narrowing It Down To One
Buying a home is not a process of selection, it is a process of elimination. After getting a list of homes that match your criteria, you need to start eliminating until you get down to about 6 - 10 properties. If you have more, then you should drive around neighborhoods and eliminate the ones you don’t like. Then it is time to view homes. As you are viewing homes, you want to eliminate the one after another as you compare them. A, B, C, D. After viewing homes, there should be 1 home standing if not 1 - 2.
Submitting Your Offer and Negotiation
Once you have found the ONE home that fits you, it is time to put in an offer and negotiate. Crafting the right offer will help insure that you get an accepted offer and allow you to move into your dream home!
After nailing all these steps, you get to move into your dream home. You get to have that ideal life that you have always wanted. You get to be in your dream neighborhood with a view that goes on and on.
Of course, when making a purchase as large as it gets, it helps to get some more knowledge. If you would like to learn “How To Get Your Dream Home In Beaufort At An Amazing Price...Fast!” then check out this FREE Case study on just that.
To your success!
-Jennifer Boecker, Realtor
Jennifer Boecker, Realtor
Jennifer Boecker is a successful Top Producing Realtor for over a decade and a half who helps people get the most the value, in the fastest time possible with their real estate journeys. She does that by using advanced market analysis, powerful negotiating, and using the latest strategies and lasting principles. If you are interested in getting your dream home or selling your house for most money, you should definitely reach out today for a FREE strategy session.