ARE YOU LOOKING AT THE RIGHT HOUSE FOR YOU?

question mark 2Many individuals who are making out their wish list for buying a home many times just think short term and not about resale. Many of us list our needs and wants and try to match the home we are looking at only to our wish list.

Each type of home has its advantages or disadvantages and there is no truly right or wrong. It does help when you go home shopping to not only think about the short term satisfaction but also long term outcome when deciding on buying a certain style of home.

A good example could be a single individual looking to buy their first home for their residence. Many times they just look at a one bedroom, 1 bathroom, and 1 car garage cottage, or a bungalow style home or maybe a small condo not anticipating that they might start dating and possibly have a growing family a few years down the road. When it comes time to sell their small bungalow the number of buyers that may be interested in their small home or condo may be a lot of smaller than with another type and somewhat larger home.

When looking to buy a home consider thinking long term. Sometimes it might be better just to rent for a while rather than buying till you know your plans for your future such as your career dreams. These type of decisions may lead you to move to another state.

If you decide you would consider your long term plans such as a life partner or a growing family, you might consider a larger home with more garage space, more bathrooms and bedrooms. In the beginning you could use the bedrooms as an exercise room, office space, pool room, or guest room that could easily be turned into bedrooms if needed. On the other hand you might anticipate that after your children have grown and left the home you may have aging parents that need to move in with you due to health or other circumstances.

Finding a new home that fits your needs is very exciting. Just think long term when choosing which home on which you would like to make an offer to buy.

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