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Should You Establish Property Buying Goals?

by Bienek Properties of Sonoma 12/24/2018

As a homebuyer, it may be beneficial to establish goals. Because once you know what you want to accomplish during the homebuying journey, you can take the necessary steps to achieve your homebuying aspirations.

Now, let's take a look at three factors to consider as you develop homebuying goals.

1. Your Dream Home

Define your dream house – you will be glad you did. If you know what you want to find in your ideal residence, you can map out your homebuying journey accordingly.

Generally, it helps to make a list of house must-haves before you launch a home search. This list should include any features you require from a residence, along with your preferred cities and towns.

If you need a home that provides convenient access to your office in the city, for example, owning a house in or near the city itself is a must. Or, if you require a home that offers ample space for you and your kids, you can search for residences that provide multiple bedrooms and play areas.

2. Your Homebuying Budget

When it comes to buying a house, it is beneficial to get your finances in order. That way, you can hone your home search to residences that fall within your price range.

Meeting with banks and credit unions allows you to learn about a broad assortment of mortgage options. These financial institutions can teach you about different types of home financing. Then, you can select a mortgage and enter the real estate market with a budget in hand.

3. Your Homebuying Timeline

Consider how long it will take you to find and purchase a home that matches your expectations. If you establish a homebuying timeline, you may be better equipped than ever before to optimize your time and resources as you search for your dream residence.

Of course, it helps to maintain a flexible homebuying timeline. And if you encounter challenges during the homebuying journey, you can adjust your timeline as needed.

For those who plan to pursue a home, it may be helpful to hire a real estate agent, too. If you employ a real estate agent, you can get the support you need to navigate the homebuying journey like a pro.

A real estate agent is happy to help you explore a variety of homes in your preferred cities and towns. If you find a house you want to buy, a real estate agent will help you craft a competitive offer to purchase this residence. Plus, if your offer to purchase is accepted, a real estate agent will guide you along the final stages of the homebuying journey.

As you prepare to conduct a home search, you may want to develop goals. If you begin a home search with a plan, you could streamline the process of finding and purchasing your ideal residence. Best of all, you may be able to acquire a first-rate house that will serve you well for an extended period of time.

About the Author

Author
Bienek Properties of Sonoma

Vince and Mary are well-respected by their REALTOR peers in Sonoma's Wine County for their hard work, dedication and integrity. They are passionate about real estate and have a proven track record of exceeding the needs and goals of their clientele. Vince and Mary work as a team. Together, they make up one of the most successful teams in Sonoma County. They specialize in applying their expertise and market knowledge to consistently meet and exceed the needs and goals of their clients. Vince and Mary work with sellers, buyers and investors in both residential and commercial markets.

They have built a reputation for tenacity and protecting the interests and investments of their clients. Vince attended Oral Roberts University in Tulsa, OK, where he studied Business Administration. As a collegiate baseball player, Vince helped lead Oral Roberts University to their only appearance in the College World Series in 1978. After college, Vince played professional baseball for five years in the Chicago White Sox Organization. Vince has a strong background in sales, sales management and the building products industry. As part of his sales management experience, Vince successfully negotiated national contracts with the top 20 builders in the United States. These skill sets have enabled him to be a strong asset for his clients. Mary attended college at the University of Kentucky before completing her BS in Sociology at California State University, San Bernardino.

Mary has been in the business of helping people make the "move" to their next landing place for many years. Be it a home across town or across the country, Mary has paved the way for many buyers and sellers to transition into the next phase of their lives. Vince and Mary are also active volunteers in the Sonoma Valley. They volunteer at Relay for Life, Vintage Festival, Sonoma Film Festival, as well as The Boys and Girls Club of Sonoma Valley. They have a passion for the community they live and work in.