Florida East Coast Real Estate

Should You Establish Property Buying Goals?

by Darlene Quivey, Your Brevard Homes Professional 02/09/2020

As a homebuyer, it may be beneficial to establish goals. Because once you know what you want to accomplish during the homebuying journey, you can take the necessary steps to achieve your homebuying aspirations.

Now, let's take a look at three factors to consider as you develop homebuying goals.

1. Your Dream Home

Define your dream house – you will be glad you did. If you know what you want to find in your ideal residence, you can map out your homebuying journey accordingly.

Generally, it helps to make a list of house must-haves before you launch a home search. This list should include any features you require from a residence, along with your preferred cities and towns.

If you need a home that provides convenient access to your office in the city, for example, owning a house in or near the city itself is a must. Or, if you require a home that offers ample space for you and your kids, you can search for residences that provide multiple bedrooms and play areas.

2. Your Homebuying Budget

When it comes to buying a house, it is beneficial to get your finances in order. That way, you can hone your home search to residences that fall within your price range.

Meeting with banks and credit unions allows you to learn about a broad assortment of mortgage options. These financial institutions can teach you about different types of home financing. Then, you can select a mortgage and enter the real estate market with a budget in hand.

3. Your Homebuying Timeline

Consider how long it will take you to find and purchase a home that matches your expectations. If you establish a homebuying timeline, you may be better equipped than ever before to optimize your time and resources as you search for your dream residence.

Of course, it helps to maintain a flexible homebuying timeline. And if you encounter challenges during the homebuying journey, you can adjust your timeline as needed.

For those who plan to pursue a home, it may be helpful to hire a real estate agent, too. If you employ a real estate agent, you can get the support you need to navigate the homebuying journey like a pro.

A real estate agent is happy to help you explore a variety of homes in your preferred cities and towns. If you find a house you want to buy, a real estate agent will help you craft a competitive offer to purchase this residence. Plus, if your offer to purchase is accepted, a real estate agent will guide you along the final stages of the homebuying journey.

As you prepare to conduct a home search, you may want to develop goals. If you begin a home search with a plan, you could streamline the process of finding and purchasing your ideal residence. Best of all, you may be able to acquire a first-rate house that will serve you well for an extended period of time.

About the Author
Author

Darlene Quivey, Your Brevard Homes Professional

The East coast of Florida is my home. This is where I work, play and live and I love it here. My extensive background in home construction in the Florida market for over 15 years has given me the knowledge and insight to become well educated in the real estate business. 

Being a Navy brat from the day I was born made me proud to take the next step in my career to become certified as a Military Relocation Professional. Helping military families relocate to and from the Space Coast of Florida is an honor. A military family faces a unique situation when it's time to relocate, so having the answers to many questions in a timely manner is my focus.

With the utmost respect I say "THANK YOU FOR YOUR SERVICE" and now I hope to be able to give back to the men and women who are or have served in the military.

The beach is beautiful, so if you are looking for a condo on the beach I can help with that. Our cities and small towns alike are involved in their communities. We have beach towns, luxury homes on the river, downtown city living and if you like being a little away from the busy life, we have that as well.

I live, work and play here, let me show you around!