Looking for a New Home? Don't Forget These 3 Things

by Wendy Wiegand 11/01/2021

Photo by Matilda Wormwood from Pexels

Shopping for a home is vastly different than shopping for anything else. Home buying is typically the most fiscal investment a good percentage of people make. There’s a lot more to it than just money, however. Finding the right home requires patience and open-mindedness and clear priorities. So how do you find the perfect home? While it’s a tough question to answer, here are some of the most important things to keep in mind before and during the process.

Mortgage First

The best possible way to begin home shopping is to get pre-approval for a mortgage before you start. Knowing how much of a home you can afford means knowing how much of a down payment you can afford right at the beginning. It will also help you determine how high of an interest rate you can comfortably afford. In the event you either cannot get approved or cannot get a suitably low interest rate because of bad credit, this will give you time to work on improving it. You’ll also have a much easier time saving for a down payment if you know exactly how much you will need to pay. Avoid the disappointment of finding the perfect house only to realize you can’t afford it. Starting pre-approved for a mortgage will save you time and frustration through the rest of the process.

Take Your Time

First-time homebuyers should not make this decision too quickly. While not everybody has the opportunity to plan years in advance, the more preparation you can do, the better equipped you’ll be to make the purchase. You should give each piece of the process the time it deserves. If you move too quickly you might not get the best interest rate or even the best home. When you’re prepared financially and otherwise, it’s still important to take your time in selecting the home itself. It might tempt you to make an offer on the very first house that excites you, but there are always other options to consider. Don’t rush the details and you’ll avoid a lot of potential frustration and unneeded stress.

Avoid Emotional Attachment

It’s also important to stay logical when shopping for a home. Try not to let emotional attachment to a home get in the way of thinking practically about whether it’s the right choice. If a seller is not willing to negotiate over price, you want to feel comfortable in walking away. If there are certain flaws that you feel you can overlook or spend more for because you love the house so much you might find yourself on a slippery slope to overspending your budget. Stay clear with yourself about your priorities and your limits, and accept that there will always be other houses. If you take the time to search logically, you will have a much easier time finding the best home for you—emotionally and practically.

While this advice is broad, keeping these basic principles in mind will help first-time homebuyers tremendously. Finding your first home is a big decision, but it can be easy as long as you stay logical and prepare.

About the Author

Wendy Wiegand

As a premier real estate agent in Carlsbad, I’m here to provide you with all the resources and information you need to buy or sell real estate. I work with buyers and sellers in Carlsbad, Encinitas, Oceanside, San Marcos, Vista and the surrounding areas and I’ve had extensive training in the latest real estate marketing strategies.  I’m confident that I can offer you knowledge and tools most other agents can’t.

I believe in service, both to my clients and our community. When working with clients, you can be assured I am focused on providing the most comprehensive and dedicated effort so that you can achieve the best results possible when buying or selling real estate. I am also deeply involved in serving our community, as you and I all call it home. I have been a member of Rotary since 2003, have been an active member of the Carlsbad Chamber of Commerce since 2006, and serve on the board of the Agua Hedionda Lagoon Foundation. Perhaps my even deeper service to my clients and our community is Wiegand Realty’s participation in Business for a Cause.

Contact me so I can keep you updated on the latest real estate activities in our community and answer any questions you may have.

Thanks and I look forward to assisting in all of your real estate needs! 

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