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BUY YOUR

DREAM HOME!

Gallagher & Gallagher

Size Of
Home

Gallagher & Gallagher

Location

Gallagher & Gallagher

Neighborhood

Gallagher & Gallagher

Other Costs

Gallagher & Gallagher

Lifestyle

Gallagher & Gallagher

Agent

Size of Home

Choosing the right size home for your family is important! We want to help you choose a floor plan that fits your lifestyle. Create a list with all the special aspects that will make your new home unique. What are the most important items you must-have and what are some you could live without having? Figure out what you can come into terms with in regards to size of your home.

Before starting your checklist ask yourself these questions:

  • Are you downsizing?
  • Do you need a big backyard or a simple patio?
  • How many rooms do you need?
  • Do you want a view?
  • How many levels are you looking for?
  • Do you want a pool?
  • Are there any special features you are looking for?

Determine the size of your next home with certain considerations. First, calculate your budget and a stretch budget you could consider. Then, ask yourself if there is a minimum square footage amount you can work with. Finally, what type of design do you have in mind (beach theme, desert theme, farm theme, or city theme)?

Location

The location of your home affects the overall aspects of your daily life. This is were you want to research in depth the area you want to live in. Many questions need to come into mind for the purpose of choosing a neighborhood. Determine if there are certain proximities to venues you are looking for. Analyze your zip code choices and decide which appeals to you the most. Research facts and basic information about the different areas and what they are most recognized for. Due to the Fair Housing Act, many realtors will not disclose information about crime and safety of a neighborhood. Most of the research has to be concluded by a buyer. Online sources will provide statistics and information regarding the safety of an area.

Ask yourself what you are looking for in a location:

  • Are you looking for a lifestyle change?
  • Do you want a different climate?
  • Are you looking to live close to a highway?
  • How far from work do you want to be?
  • Do you want a house on the hills or near the beach?
  • Are there certain stores you need to live close to?
  • What type of school do your children need?
  • Do you want a gated community?
  • How much can you afford?

Neighborhood

Know where to look! Location is the most difficult part in searching for a new home. The agent that will be working with you will help you narrow down your options. Make a list of possible locations you want to scout homes in. Know the budget you want to work with and most importantly the reason for moving to each location. What are the perks of living close to the beach? Will there be less traffic in the city? Here are some tips to help you make that decision.

Hunting for a new home means you will have to research everything about the neighborhood and the people that live there. Will you be moving into a family oriented area or simply a student area near a college? As a matter of fact, there are many online engines that can help you discover information about an area.

There are tangible factors you want to consider when looking for a neighborhood. One of them being the community. How do your lifestyle needs fit within that neighborhood. For example, if you are an outdoor person you might want to consider living near a hiking trail. If you want to live near your office find out what distance is convenient.

Always discuss your dreams and goals with your agent. They will make sure to guide you through the appropriate neighborhood.

Other Costs

There are many factors you have to consider before buying a new home. The different costs of owning a home depends on the location, lifestyle, and surrounding businesses. Most people think that buying a house will be the only money they spend, however remember you have to insure your home, pay fees, and utilities.

Here are a list of costs you might want to consider:

  • HOA Fees (when buying a home in a managed community)
  • Insurance against natural disasters (earthquakes, wildfires, and mudslides)
  • Homeowners insurance
  • Living near attractions, restaurants, shopping centers
  • Taxes for the area
  • Utility costs (garbage disposal, water, energy)
  • Extra costs like reparations or remodeling

Lifestyle

A home that fits your lifestyle or simply that will elevate it is something you only know. That is why it is important to communicate with your agent the qualities you are looking for in a home and neighborhood. Are you an active person? Look for a community that will support your healthy lifestyle. Are you a college student? Look for an area near your school and local stores. Are you a bachelorette? Find a bachelor pad. Depending on the expectations you have it would be ideal to communicate with your agent the facts and figures of potential homes. Make a list of what you need and what you are looking to have. Compare and contrast with each home being presented to you and eliminate the ones that don’t meet your requirements.

 

Agent

Finding an agent can be a stressful process when buying a home. You want to select the agent that fits your requirements and will fulfill your dreams. At the end of the day you will need to rely on your agent 24/7. The process of buying a home can be as easy as you and your agent can make it. What you should know when finding the right agent is the difference between Realtor and Real Estate Agent. A Realtor is a member of the National Association of Realtors and can operate as real estate agents. On the other hand, a Real Estate agent is only licensed to buy and sell someone’s home. Regardless of what type of agent you choose to hire, these are the requirements you should look for.

  • Experience
  • Schedule availability (will they be committed full time or part time)
  • Commission fees
  • Compatible qualities
  • Past and Current Agent listings

It is always a good idea to set appointments with potential agents to meet with them and ask them a few questions you think are meaningful to establish this professional relationship. Regardless of what you pick, make sure their negotiation skills are on point.

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