The thought of buying your own home can be quite overwhelming…
A majority of people leave their primary residence and move into a small apartment for rent. When you?re completely clueless about how to be a homeowner, it seems like the smart decision to settle into a place that?ll give you a chance to get your feet wet, before diving in. Nonetheless, after a while of renting, you come to realize that your money could be better spent elsewhere. Why should you shell out your hard earned income, just to take up a piece of space that you have no claim to?
Instead of wasting your money on rent, put aside a savings account, and take steps towards bettering your living situation. To invest in your future, you need to find the strength to sacrifice what you can, build up your savings, and start investing your money into a piece of property. Surely, when it comes to buying a new home, you have to pick between finding pre-built estates for sale or finding home builders for a custom job.
Mind you, just because a home is pre-built, doesn?t mean it is pre-owned. Often times, when you’re searching the real estate market for a new home, you can find planned communities that have pre-built homes that have never been occupied. Planned communities are usually located in suburban areas, with a set up that establishes a private housing network, such as those monitored by a housing association or even those within gated communities.
If you?d rather build your house from the ground up, you ought to opt for professional home builders. Professional home builders will work with you to erect a structure that suits your lifestyle, as well as your particular ambitions. For instance, perhaps you want a modern home design, as opposed to a more traditional look. Depending on your preferences, you can consult with professional home builders, and assess your options.
Professional home builders are hard to come by, but certain companies, such as Taylor Morrison Homes, are known for their impeccable services. Taylor Morrison Homes is an example of how customizing your house actually helps you feel at home. By building your estate, Taylor Morrison Homes gives you the power to create a fortress that?ll secure your future. With Taylor Morrison Homes, you come to understand the beauty of making something out of nothing, because they let you call the shots, the entire way.
Markedly, even if you find a company specializing in professional home building, you need to research areas to settle in. According to a study taken of 1,500 Millennials who were trying to buy homes, 10% wanted to live in a central city of a metro area, 24% wanted to stay somewhere rural, and a whopping 66% chose suburban spots.
For those purchasing new homes, the top three deal breakers for selecting a residence include its appliances, its storage capacity, as well as its overall space. Based on trends from 2013, 89% of homes purchased were furnished with a laundry room. Another important addition for homes, according to a survey taken by the National Association of Realtors, is AC; in fact, 65% of home buyers claimed central air conditioning was essential to a complete home.
Of course, home necessities vary from place to place. For example, if you live in a hot area, such as Land O? Lakes, Florida, air conditioning is a give-in. Every year, Land O? Lakes has an average of 248 sunny days! For such a warm place, it’s no wonder why, as recently as 2014 to 2015, the 31, 996 individuals that make up Land O? Lakes, continue to fully thrive.
Clearly, you could have the perfect neighborhood or the perfect floorplan, but before buying your new home, you must consider the biggest deal breaker for all potential homeowners: your finances! Although having your own residence is thrilling, there?s no point in purchasing a home you can?t afford. Without the proper financing for your home, you?ll wind up losing the house.
To be successful in life, start small: be savvy, save money, and begin planning for bigger and better than you?ve ever dreamed?
