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During the pandemic, most of us have spent more time indoors than ever before. The months of quarantine and isolation have drastically changed the idea we have of our homes. This is no longer just the place to spend time with your friends and families and relax after a day at work. It is also an office, gym, spa, cinema, and, above everything, a secure den where you can retreat from the dangers of the outside world.
With so much going on, it isn’t surprising that many households have decided to look for a family home that better suits their changing needs. If you have successfully put your house up for sale in 2021, it is now time to look for your dream family home. Start with the tips below.
Be Clear on Your Priorities
It is impossible to look for the perfect house if you are unsure about your priorities. And, a house that is perfect for a family might just be highly inconvenient for your own! So, it is crucial to review your lifestyle and make a list of must-haves to look for in your next property.
For example, are you looking for a renovation project to create a custom-made space? Or are you looking for a countryside home immersed in vegetation? There are endless alternatives out there, put your family together and make a list!
Spend Time in the Area
Once you know what type of house you are looking for, it is time to pinpoint the right geographical location. Undoubtedly, there are some aspects that you have already reviewed, such as schools in the area, healthcare centers, restaurants, and other amenities.
However, you won’t be able to get the real feel of a certain area if you don’t spend time exploring it! If you are not familiar with a location, consider spending time there with your whole family before signing the contract.
Understand the Hidden Costs
It is important for the property you are about to buy to not become a financial burden. For this, it is important to understand what the real cost of your investment is – and, it can be greater than the house price alone!
According to statistics, closing costs alone can amount to 2% to 5% of the property’s purchase price – and additional fees can cause you to pay up to $20,000 to secure your dream property. Some of the fees to look out for include:
- Application fees
- Appraisal fees
- Home inspection fees
- Taxes and duties
- Renovation and repair costs
Think About Your Future Lifestyle
When looking for your dream home, you should look beyond your current lifestyle. After all, you are not likely to be changing home so often! And, of course, the process of selling your current one and buying a new one can be long and financially draining.
That is why you should consider your family’s future goals. For example, are you looking to adopt a pet? Transition into a remote working lifestyle? Or maybe welcome a new baby into the family? Whatever your plans are, make sure your next home is ready for them!
Partner With an Expert Estate Agent
Buying a home can be stressful and intimidating. Throughout the process, you might have to learn a lot about mortgage applications, tax, and duties, and you might even find yourself fending off scams. An expert estate agent can help you sail through this journey and make it an enjoyable one – learn more here.
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