The Dos and Don’ts of A New Home

It can be equally exciting and nerve-wrecking to be a new homeowner, so if you are a new homeowner, take some notes! Here are some tips on what you should do and what you should avoid doing after moving into a new home.

Some prospective buyers spend hours online looking at homes that are on the market and they may even fall in love with a home before actually seeing it. It is not enough to simply fall in love with the home though. You also need to fall in love with the neighborhood. Once you have found a home you are interested, you should drive around the area, or even better, park on the street and take a long walk.

Take a look at what is in the area and see if it feels right for your family. If you have young children, you might want to consider if there are parks or schools nearby. If you have school-aged children, you will want to do some research and find out how the schools are ranked and what people think of them. It is also a good idea to drive around the neighborhood at different times of day throughout the week, so you really get the best idea of what the area is like. Is the neighborhood quiet? Are there other families around your age? Does the area feel like a community? These are all important factors to consider before you decide to put an offer on a home.

Although it can be challenging, you should try not to get emotionally attached to a home before the deal is finalized. A home may look beautiful and have all of the features you want, but you will want to get a home inspection before making a decision. A home could have many hidden issues and it is important to have as much information as possible before you purchase a home. Is there asbestos in the home? Does the home have radon? Has there been flooding issues? A home inspection is absolutely a must-have.

Another common problem that new homeowners have is rushing their decision. Many fall into the trap of thinking that this is the only house they could ever love and they will never find another home. This is not true and you will absolutely find your dream home. You need to be patient though and make sure you have put enough time and consideration into your decision. Have you considered how far of a commute you will have to work? How far away are the grocery stores, pharmacies, etc.? Is it close to any family and friends you want to live by? Buying a home is a huge decision and you want to give yourself enough time to truly make the right decision.

The last thing you want to do is make sure that you factor in any work that needs to be done on the home into your budget. You do not want to purchase a home at your max budget if it needs to have a lot of work and repairs. You want to make sure that you are keeping yourself financially stable.