You feel that you are an adult and want to live independently from your parents, of course, thinking of having a private house. So even if you have just married a spouse, it will certainly be uncomfortable to live with your parents, so that the first house becomes a dream residence. Buying a dream house is a big decision. You also need to make sure your financial condition for daily living is not disturbed when buying a home or afterwards. Here are 9 tips for buying a first home
Consult with Property Agents
If there are many things that you really don’t understand about buying a house, you can consult with a property agent. Agents will help you find a home that suits your needs and according to your abilities. Agents will also help you in the process such as negotiations, get a loan to complete the required documents. If you buy a house from a property developer, check the developer’s track record. Finding out through the internet is a pretty severe complaint from the buyers. You can also buy property for sale in Virginia Water, property in Virginia is a property agent that has been trusted for a long time.
Think of Your Long-Term Goals
What is the purpose of buying a house? Is it really where you live? Don’t just buy a house but then you don’t occupy it, especially if you buy it in installments. Prioritizing a house as a place to live is safe in your hands, not just buying because the price is cheap but the location that is too far away makes you reluctant to stay there and choose to rent an apartment or rent a house in the city center. You can do this if the house you bought has paid off and wants to make it an investment. Avoid burdening your finances by repaying your home while paying rent for an apartment or rented house. (Also read: houses to rent in Virginia Water )
Choose the type of house that suits your needs
Determine the area of the house you need, and how many rooms and other spaces you need. Do you prefer a modern or traditional style house? Do you want to live in a house with a uniform house or buy a house that you can change at will? Thinking about this will help you to not be careless by buying a house. Remember buying a home is the biggest purchase of your life. Detail the details of the house like what you need.
Visit the Property Exhibition
Be diligent in visiting property and house exhibitions held. You can freely choose a variety of home choices that match the criteria. By looking at various choices, you can calculate the advantages and disadvantages of the houses that have caught your attention. You can also ask questions directly and get clearer information about the house you are looking for.
Determine the Payment Method
The method of payment offered by property developers is usually hard cash, gradual cash and Home Ownership Loans. Adjust the method of payment with your purchasing power. If your funds are enough to buy hard cash, it is better to choose this method of payment, because of course there are many benefits, you do not need to think about the amount of installments in the future so that your money can be used for other purposes without allocating it to mortgage. For those of you who don’t have large amounts of cash, you can choose a mortgage or installment.
Check the quality and overall condition of your prospective new home. Do not let you find a serious disability that is covered by the seller of the house. If you find this, you need to negotiate with the owner of the house, whether to get a discount, or the seller is willing to make repairs, or even you have the right to cancel the purchase.
If you are a newly married couple or a young family, paying attention to environmental conditions is quite important. Is the environment where you live is quite conducive to your child’s growth and development. Child development here is not only physical but also psychological. Consider choosing a beautiful environment and lots of trees.
Prepare an Emergency Fund for Your Home
Having a new home can have huge unexpected costs, such as you want to install a water heater, air conditioning, and purchase countless new or other funds. Not to mention for maintenance which of course can cost a fair amount. So, start setting up an emergency fund long before you spend to buy a house.
Low-cost homes are generally located far from the city center. If you still want to buy it, consider whether access from your home to the main road is close enough? Also note whether the location of your house is close to shops, shopping centers, hospitals, schools, and others. If the location you choose is far from where you work, also think about how much you have to spend along with the fatigue you get. Remember that buying a house as a place to live means that you will occupy the house for a long period of time, so don’t regret it later.