Buying A Home
Since, for most, the financial asset value of one’s house often represents their single-biggest holding, wouldn’t it make sense for a qualified, potential, motivated home buyer to proceed with a high degree of COMMON understanding and overall awareness and knowledge? Unfortunately, as with many other things we do, common sense is often the rarest of human processes and strengths! Only when one is ready, willing, and able to make the best decisions will determine the potential to enjoy a house become entirely possible! With that in mind, this article will attempt to briefly consider, examine, review, and discuss, using the mnemonic approach, what this means and represents, and why that matters.
1. Consider, costs; creative; coordinate: One must thoroughly consider and examine, what you want, seek, and meets your needs and what you can afford them comfortably. Savvy buyers read and understand all the costs involved, so there are fewer future surprises! When looking at a possible house to purchase, one should be creative instead of being swayed, by things, like staging. Coordinate as many necessary aspects as possible so you are well-prepared!
2. Options, opportunities; open mind: What home options do you need, as opposed to being part of a wish – list? How one compares various possibilities helps to optimize opportunities. Attempt to proceed consistently, with a truly, open – mind!
3. Mature (decisions); manage/ management: Instead of making an impulsive decision, learn as much as possible, and ensure you proceed with a mindset ready to make mature decisions based on analyzing advantages, disadvantages, and related factors. The way someone manages this process will determine their future success.
4. Maintenance; money: Be prepared, in terms of money/ monies needed, for as many foreseeable aspects of buying and owning a house as possible! This means discovering all the buying costs, including down – payments, insurance requirements, and Closing costs, to ease the process. In addition, ensure you are comfortable with the monthly fees of owning a home of your own!
5. Offers; ordinary; other: Depending on the current market conditions (for example, we are experiencing a dramatic Sellers Market), should guide you towards making a meaningful but reasonable offer. Don’t get carried away by the process, and risk, of making an offer that might be out of your comfort zone. Address and consider ordinary conditions, situations, and others, which might be more personal.
6. Needs; neighborhood: Fully consider your needs, goals, priorities, and perceptions, and seek to do what’s best for you. Never overlook the area, whether it’s a place you want to live or reside.
Are you prepared to consistently proceed with the level of COMMON sense, which might make your home-buying process the best possible? Be prepared, and proceed wisely.