How to Find Your Dream Home in Today's Market
Finding your dream home is a big undertaking—one that can easily take months or years depending on what you're looking for. While the process can seem daunting at first, especially in today's competitive housing market, you can find the right home with the right planning. Rather than go it alone, we've broken down some of the steps for you here to get you started.
Make a list
Instead of haphazardly visiting open houses or browsing online, sit down and make a list of your needs and wants—which are two very different things. For instance, you may want a pool, but could technically live without it. You may need at least two bedrooms if you have children.
Understand that your needs and wants will probably change as you learn more about your housing options. Proximity to the city may start off as a priority, for example, but once you see the size of the homes available in your price range, you may decide a longer drive is bearable. Unless you have an unlimited budget, plan on making compromises along the way.
Know your finances
In New Jersey's hot housing market, getting your finances in order is a must. Determine your budget and how much wiggle room you have in order to keep your must-haves clearly in view.
Pick your preferred home style
Once you have the basics figured out, decide what features you want in a house. Do you want to live in a townhouse, condo or single-family house? How many stories and bedrooms do you want? Do you plan on spending time in an outdoor space? Knowing before you go can help narrow down your options.
Document your visits
When it's time to take your home tour, compare the features against the checklist you made. Do you need to re-evaluate any of your must-haves? Consider anything you may have left off of your list or anything you'd like to add.
Work with a JJ Elek Real Estate Agent
Once you know what you're looking for in a dream home, you'll be ready to find the right agent to partner with for your search. JJ Elek agents have years of experience in the NJ market and are ready to help you find exactly what you're looking for. Contact us today.