Planning to buy a Home? Know what you Want vs. What you Need!

Posted by Andreas Holder on Wednesday, October 19th, 2016 at 10:46am.

Triplex condo in Lincoln ParkToday, in a age where you can shop for anything anywhere, it is very important that you know what you want before you start hour home search. 

If you've ben thinking of buying a home, you probably have a list of things that you'd love to have. More importantly, though is a list of things you really need. 

Do you really NEED a farmhouse sink in the kitchen and a built in surround sound system? What you really need to know is how many bedrooms you have and how close to public transportation you are.  The most important thing to know before you even start looking for houses of your dream, is to get pre-approved for your mortgage.

This allows you to know your budget before you fall in love with a house that's outside of your parameters. 

Then, put together a list of features you are looking for and divide them in three categories: 

 

1. Must Haves: Features that are essentials, without which you would not even consider the home.

2. Should Haves: If the property qualifies for all the Must Haves and some of the Should Haves, it should be given serious consideration, if the price is right. 

3. Wish List: If you see a home that has all of the above, you can start dreaming with adding some of the things you want but are not essential - Buying a home is both an economic and emotional decision. Here is where you can let your emotions loose!

Bottom Line:

Setting up this list before you start your search can save you time and frustration. Getting this list to your agent, will help him to focus on the search more effectively and find the house that is perfect for you. 

Contact Andreas today to get started!

 

Andreas Holder, Chicago Real Estate AgentAre you thinking about buying a home this year in Chicago? Andreas Holder can help! Let him be your guide to the downtown Chicago real estate market and help you find a home that not only matches your needs, but your lifestyle too.
Learn more about Andreas or start your home search now.

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