Step 5 to Buying a Home: Finding the Home of Your Dreams
At this point, you’re probably excited and full of optimism.
You’ve gotten pre-approved, you’re beginning to understand some of the more obscure terms. Now comes the most important step. Finding the right home.
Before we start, you need to think long and hard about the features you ‘want’ in your new home, and those that you ‘need’. This sounds so simple at this point. The thing is that those you ‘need’ will form the basis of our search. Computers are very unforgiving, so I would advise keeping these things to a minimum.
Examples of ‘needs’ are:
- 3 bedrooms (because we have 2 kids and they will fight and drive us crazy if they have to share a room)
- In a certain school district/s
- Yard for the dog (because you’re sick of walking the dog in the dead of winter)
- Central AC (because the kids are driving you crazy complaining about the heat)
These are the things you absolutely cannot live without. You won’t even see a property unless it has every one of the above items. Get it? Then, make a list of your ‘wants’.
Examples of ‘wants’ are:
- Hardwood floors throughout
- Ensuite master bathroom with double sinks
- Updated kitchen with granite and stainless steel
- Wood burning fireplace
- Rainbows over the home, flying unicorns, and pots of gold in every room
These are the things you’d really like, but can live without if needed, unless your budget is $40 million. then we can probably find something with everything on your list. Well the flying unicorns could be a deal killer.
Once you’ve made your lists, email them to me. That way when you see a property you love with the kitchen of your dreams we can remind you that it doesn’t have central AC so we don’t waste time seeing it. Once that’s done, we’ll set you up for auto search on MLS. This means that every time a new property matching your criteria hits the market, you’ll get an email. Don’t worry, I will advise you if your search is too broad and will result in too many emails.
The market is always changing, but one thing is always true, the best properties typically sell quickly. So, when the emails arrive, be sure to look at them promptly. If it is something of interest, I advise you to drive by it as soon as possible and get back to me if you wish to see it. If you have questions, let me know so I can find you the answers.
Remember, that many properties require 24 to 48 hours’ notice for showings so it’s rare to be able to see a house or condo the same day. Also, many properties are only available to be seen Mon – Fri from 9am – 7:30pm and Saturday and Sunday from 10am – 6:30pm. Sometimes sellers will allow us to view a property outside of those hours, but it’s up to the individual seller. Also, during the spring and summer, great properties can sell in 3-4 days so it’s important that you review your email promptly so we can jump on a great property as soon as you see it.
Remember to wear comfortable slip on shoes for showings as we’ll often need to take them on and off at to see a property. I’ll usually bring printouts for each property so no need for you to bring anything other than snacks or drinks if you think you might get hungry.
While you’re looking at the MLS emails each day I’ll also be networking my contacts to find you homes before they go on the market.
At this point, there should be no need for you to continue to look on other sites such as Zillow, Trulia, etc. as all those properties should be showing up in the MLS feed. Often, I have found that when people do find other properties, it is because it lacks one or more of the ‘needs’ that we set in our search criteria. If you do find something that is of interest, share the address with me and I will get you all the information you need to decide on if we should see it or not.
Now on to the showings
Go back to Step 4 to Buying a Home: Understand the Lingo, go forward to Step 6 to Buying a Home: Time for Showings!