- Real Estate
Buying Your Dream Home Advice - Home Buying Tips
Buying your dream home
Many people want their first dream home to be a great investment and a great experience. Some individuals have lived in nice looking homes, but were renting it instead of leasing it. I have lived in a spacious two-story home in the past, but I was renting it, not owning it. Most mortgages are cheaper than monthly renting fees. When I buy my first home it will have high ceilings, for more oxygen in the home. And it will have a high foundation far from the ground. It's been said that high foundations lower the risk of water floods, due to rain storms. And the house is better when it has a high foundation for other reasons as well.
Master Bedroom & Bathroom
Also my first home will have a sunroof top in the master bedroom. This bedroom will have a walk in closet with a rotating closet rack. The master bathroom will have a walk down tub w/Jacuzzi, with his and her sinks in the master bathroom. A Wall-to-wall mirror w/lights across the top. This house has 2 other bedrooms, one upstairs and the other downstairs. Each bedroom in the dream home will have its own private bathroom, and walk-in closets.
The upstairs hallway would be huge and round with also a sunroof top. Where I would have set up for family game night, with friends too. Downstairs would be a computer study room with a huge bookshelf. Decorated with two desk and the whole home office set up. Including a fish aquarium along the middle of the back wall. I'm sure many people like you and I have an idea for a dream home with many details and features, I will meditate on my idea, and hopefully apply the actions needed to achieve my goal. I'm sure many people have an idea for their dream home in-mind.
The Better Business Bureau
Real estate is the way to go. Before buying a home you can check with the Better Business Bureau (BBB). Check reputations of new homebuilders and real estate companies, you can check them online at http://www.bbb.org/us/Find-Business-Reviews. Reliability reports can be used through the BBB in hunting for homes. The BBB launches investigations, sometimes together with law enforcement agencies, to help protect you from fraudulent advisers.
Advise for buying your dream home
Go for the worst house in the best neighborhood, rather than the best house in the non-best neighborhood.
A home buyer may view about 20-30 homes, and it may take months to make a good decision. It’s an exciting time in your life, when buying your first home. There are many benefits to owning your own home. A house could be our first and most profitable investment. According to a survey at Wells Fargo Home Mortgage, there were 97% of first time home-buyers that would never go back to renting.
Almost all states offers "first time home buyer grants," which help individuals and families purchase a reduced down payment on their first home.
First time Home Buyer Tax Credit
Furthermore, you get great tax advantages that can make a huge change in your financial well- being. Whether you’re married or single, or investing with a friend, you want to find the best home for your lifestyle, and your budget. Getting the "right" home is different for everyone. Some people may want to buy a brand new home, and not worry about fixing or repairing. On the other hand, other people will want to buy an older home and fix it up. It's a fact that investing your money in buying instead of renting is a smarter idea. Keep in mind that detached houses in the middle of the block are more wanted, and that make these more expensive than corner homes.
More on buying your dream home advice
The very first thing to do is get pre-qualified for a loan. The lender will walk you through the rest. Educate yourself fully about buying your home; basically, study real estate. Buy books, DVD's; read ads in newspapers anything that can assist you with knowledge and information. Home buying is the most important step an individual, or family will make.
When you start house shopping take a checklist with you. Note down the things you must have, and the things you would like. Take your checklist with you to every home you visit, it will help tremendously. I have made my checklist already and I haven't even met a real estate agent as of yet, it's better to be prepared. Now that you have advice and tips on "what to do when buying your dream home," your own your way to being a first time home owner.
Remember, do your homework, read anything with real estate information; you can even take a real estate class. Check with the Better Business Bureau (BBB) before dealing with any real estate agents or brokers. After all it’s a big step and a better future for you and your family.
Watch this video - First time Home Buyer's Tips - Buying a Foreclosed Home (part1)
If you were to buy a home right now?
Video: First time Home Buyer's Tips - Buying a Foreclosed Home (part2)
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