When first starting to look for a home many homebuyers have asked me what they should focus on first....every one knows the old saying.."location-location-location"...but there is much more than that.
MY RESPONSE HAS BEEN PRIORITIZED IN 3 KEY AREAS OF IMPORTANCE:
.........LOCATION
........TYPE AND STYLE HOME
........PRICE AND TERMS
Think of it this way....I found a really inexpensive house with great terms....BUT I don't like the area and it's not the type of home i want to live in.....who wants to go home to a house they don't like, in an area they don't want to live in?
Second scenerio....I found this beautiful home but I don't like the location....the daily commute to work is 3 hours.... almost a 130 miles-ONE WAY.....you would be spending so much time on the road commuting you woulld have less time home to enjoy the home....not to mention the price of commuting at $3.00 a gallon for gas?
Third scenerio...I found this beautiful home....in an area I love....BUT it's $200,000 more than I can afford or qualify for in mortgage financing.....that doesn't work either.
1. Focus on an area you like....that readily works for you...including proximity to work
2.See if a home that is the "type and style" home you would like to live in is available in that area.[i.e...ranch,townhouse,colonial,condo,cape cod or split-level]
3.See if the home you want....in the area you want to live....is available...within your "price and terms"
When buyers achieve these three objectives they are pleasantly surprised at how happy they are in their housing choice.
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