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Congratulations
on your decision to purchase a new home!
Your first step toward buying your new home
will be to analyze your needs. Your real
estate agent can assist in analyzing your
needs so that you will be able to get a clear
picture of exactly what you want your new
home to look like and how it should function
for you and your family.
First,
you should write down why you are looking
for a new home. For example, are you currently
renting and would like to have a home where
you can begin building equity? Maybe you
recently married and have outgrown your current
residence. Or, maybe you have just gotten
a promotion, which requires you to move to
a new city. These factors will all have a
bearing on how you approach your home search.
Second,
establish a time frame that you would like
to stay within for buying your home. Depending
on your reasons for wanting a new home and
the current state of the market in the area
you are looking to buy, you should be able
to come up with a rough guideline, which
you can finalize at a later time.
Last,
you most likely have a mental picture of
what you would like your house to look like
and what features it should have. It's very
important to write these ideas down to avoid
any ambiguity later in your home search.
You should make at least two lists: one should
be a list describing your dream home and
the other should list the features of the
home that are an absolute must have in order
to buy it. In a perfect world, your new home
would fulfill both lists 100 percent. It
is more likely that you will end up blending
the two lists into a schedule of prioritized
items as you progress through the buying
process. This is a natural and evolutionary
process as you get clearer about what you
want and what is available.
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