Dreaming of your next house or even your first home is an exciting thought. You might have pinned favorite features of certain homes on your Pinterest board, or cut out favorite kitchens from a magazine. Imagining all the great aspects of a home is helpful to do, but when the time comes to really start to take that dream to a reality, doing a few steps will make the process go a little bit more smoothly.

House hunting can be intimidating and exciting all wrapped up together. Taking these three steps can help with the intimidation piece and leave you feeling confident about the house hunting process. Here are three steps to take before you head out house hunting.

Step 1 – Get Your Finances Together  

When searching for a house, one of the big key questions you will ask yourself is, “How much house can I afford?” This will help you narrow your search as you look online and before you ever step into a prospective house.  Getting pre-approved for a mortgage means that you have talked with a mortgage broker, that you have given him or her your financial information, and he or she has given you an idea of what the price range that would be healthy for you to afford.

It is important to remember that everyone’s threshold of what they can afford might be different than what a broker states. In addition, make sure you are looking at the entire monthly mortgage payment and not just the list price of a house. Features of a home could impact the monthly cost of a home. For example, does the house have a pool? The home insurance might be higher. Is the home in a flood plain? There might be mandatory flood insurance required. Real estate taxes can vary greatly, so when you are looking at a house and before you walk in, know what the estimated monthly mortgage payment will be.

Step 2 – Make Different Lists

When you are looking for a house, it is a great idea to sit down and think through what it is that you want. Come up with a list of must-haves, wishes, could live without, can’t live without, etc. A staff writer at Zillow broke down questions into four different categories: financial, location, structure, and lifestyle. She came up with 20 questions that flow into one of these categories. Examples she lists include:

  • Could you live in a one-story, two-story, townhouse, or condo?
  • Do you need any special features for your pets?
  • Do you need wheelchair access or limited stairs?
  • Are the school systems important to you?
  • Are you willing to do extra renovations?

Step 3 – Find an Experienced Realtor

Having a realtor to help you in your house search can be the key to your success. This is especially true if you are a first time home owner. There are many details that first time home buyers might not be aware of and having an experienced advocate can make a huge difference as you search. In addition, a realtor can be extra helpful when you are new to the area. They can help guide you into what is best for you and your family. Having your list thought through will be helpful for them when they help you look for houses.

Our Invitation

If you are looking a buying a house in Northville, Novi, or South Lyon, Michigan, we here at the Jamey Kramer Group would like to help you in your process.  We have the experience and would be honored to help you find the perfect home for you and your family. We invite you to call today:

248-348-7200