Determining Your Housing Needs

Before making any big decisions when looking for a home, it is important to know what your needs are.

This will save you a lot of time and unnecessary frustration while keeping you focused on the search for the perfect home.

When looking for a new home, it is important for you to prioritize the factors that are most important to you and your family. After you have qualified for a mortgage and determined what you can afford, you need to find a home that meets your needs. This home should also have spaces and features that appeal to your family.

To find the right home, make a list of your priorities when it comes to a place to live. This list should include location, style, number of rooms and bathrooms, as well as overall size. It is important that you establish must-haves versus general wishes for your home. This will help you prioritize what is essential versus what is not necessary but would simply be nice to have.

When determining your housing needs, you can search for homes online, as the internet is a great resource for finding properties for sale. However, if you are serious about buying a home, contact a real estate agent who can bring her or his expertise to the process. The internet can serve as a preliminary search, while realtors can bring your wishes to life by finding you the perfect home.

Read on to learn when the best time to move is, what you should consider for housing your family, determining how big your space should actually be and what hidden expenses you should consider before purchasing a home.

The Best Time to Move

Between hiring movers, renting a truck and packing up your home, it is easy for you to forget the importance of selecting your moving date ahead of time. This small detail plays a large part in how smooth the actual move can go. Picking a date that makes sense will make a huge difference in the ease of the move, as well as how much money you will spend.

The best time to move during the day is early in the morning. A moving company prefers to get your belongings transported between the 8 and 10 a.m. window. If you are moving in the warmer months, the early morning is the best time to move because it is a lot cooler than it would be around 2 p.m. or midday. Movers want to beat the sun and leave your house in the early afternoon. If you do not have movers, an early start is still the best time to get started because you have more energy. This will leave you with more time to unpack as the day goes on.

When it comes to time of the year, the best time of the year to move is mid-September through April. This is when the demand for movers slows down and the rates are lower. The peak of moving season is between Memorial Day and Labor Day. This is the time college students are usually moving back into there dorms. If you live in a large city or a small college town, try to avoid moving at this time.

Housing Considerations for Families

When preparing to buy a home, there are a lot of factors families should consider. By far, one of the most important factors when searching for a home, particularly one for a family, is the location. This is critical, since the home’s location will not only help determine your satisfaction once you have moved in, but it will also affect resale value.

Even if a particular property is not exactly what you are looking for, you should not immediately discount it if the home is in a good location. Homes that are close to what people value will ultimately sell for a better price and may appreciate faster than other homes.

Another factor to consider is the school district, especially if you have school-aged children. You want your kids to go to a good school, so choosing the right school district benefits you and your family. If you decide to move again, a good school district could be the determining factor of it selling.

The last factor to consider is the crime rate. If you find a home at a very low price, be sure to check the crime statistics for the area. Fortunately, you do not have to file through police reports to do so, since how most of this information is found online. Several websites can give you a snapshot of what has been going on around the area lately.

Why a Bigger Space May Not Be Better

Many Americans have more space in their homes than they actually need. In fact, many people acquire three times more living space than is necessary for them. Bigger homes are not always better. They usually are less environmentally sound and can sometimes cause a financial hardship. Whether you are building your new home from the ground up or moving into an already built home, a large home is built using a lot of material. They also require more energy to heat and cool.

When choosing between a bigger home and a smaller home, keep in mind that while big homes can symbolize status, they can also come with a lot of wasted space. Paying for utilities and furniture for these extra rooms can be especially taxing. Finally, the finances of your home are important to factor into determining if you want a bigger space. You may get approved for a large loan, but remember that you have to pay it back. If there is a chance that your home’s value can plummet, leaving you paying more than what your home is worth, then you should reconsider.

Hidden Expenses to Consider

When looking to buy a home, you should know that there will be hidden expenses. You do not just pay the down payment and make monthly payments for a mortgage. You also have closing fees and taxes that can end up being close to $10,000 each year. You have to factor in a homeowner’s association (HOA) fee if you are living in a condo or subdivision. You must also factor in taxes and your mortgage’s interest rates.

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