By: Brenda Bhogal

Finding Your Dream Home

Tags: buying a house, North York Homes, first time home buyers





If you're like most homebuyers, you have two primary considerations in mind when you start looking for a home. First, you want to find a home that perfectly meets your needs and desires, and secondly, you want to pur­chase this home for the lowest possible price.

When you analyze those successful homebuyers who have been able to pur­chase the home they want for thousands of dollars below a seller's asking price, some common denominators emerge. Although your agents negotiating skills are important, there are three additional key factors that must come into play long before you ever submit an offer.
These Steps Will Help You Save Thousands When You Buy a Home
Make sure you know what you want . As simple as this sounds, many home-buyers don't have a firm idea in their heads before they go out searching for a home. In fact, when you go shopping for a place to live, there are actually two homes competing for your attention: the one that meets your needs, and the one that fulfills your desires. Obviously,your goal is to find one home that does both. But in the real world, this situa­tion doesn't always occur.
When you're looking at homes, you'll find that you fall in love with one or another home for entirely dif­ferent reasons. Is it better to buy the 4-bedroom home with room for your ' family to grow, or the one with the big eat-in kitchen that romances you with thoughts of big weekend family brunches? What's more important: a big backyard, or proximity to your child's school? Far too often people buy a home for the wrong reasons, and then regret their decision when the home doesn't meet their needs.
Don't shop with stars in your eyes: satisfy your needs first. If you're lucky, you'll find a home that does this and also fulfills your desires. The important thing is to understand the difference before you get caught up in the excitement of looking.
Find out if your agent offers a "Buyer Profile System" or "House-hunting Service," which takes the guesswork out of finding just the right home that matches your needs.

To help you develop your homebuying strategy, use this form:
What do I absolutely NEED in my next home:

  1. _____________________
  2. ___________________
  3. ___________________
  4. ___________________ 

What would I absolutely love in my next home:
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