Since, for most people, the value of their house, represents their single – biggest, financial asset, wouldn’t it make sense, for potential buyers, to take the time, and make a concerted effort, to fully consider, what they need, and want, including their finances, etc? Before you should, buy a home, fully consider, and FIND, what you want and need, and, whether, you are making the wisest move, for you! With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, using the mnemonic approach, why this is the smartest, sanest, and most necessary, approach, to proceeding, in your own, best interests.
1. Future; funds; features: It’s your future, so doesn’t it make sense, to proceed, in a wise way, which balances, both, the finest aspects of your logical, and emotional components? Many become emotionally committed to their perceptions of home ownership, and what, they perceive, it means and represents, but, do not pay, enough attention, to the funds, needed, both, initially, as a down – payment, as well as on a regular, monthly basis! In addition, they fail to consider, whether the features of a particular house, are the ones, they need, and can afford!
2. Imagination: The reason, so many houses, which are listed, on the real estate market, are staged, is to create an attractive, inspiring image, to potential buyers. Rather, one must proceed, with the imagination, to look beyond the obvious, and consider, whether, it makes sense for them, and, if they are getting, the most, bang – for – the – buck!
3. Neighborhood; needs; nuances: Ignore what others want, and focus on your personal needs, both, at present, and into the future! Consider, why you are opting, for this particular neighborhood, and if it serves your priorities, etc! How convenient is it, to, things, such as shopping, entertainment, transportation/ commuting, Houses of Worship, etc? Are the specific nuances, of your selection, those, which might, suit your best interests?
4. Deliver; discover; desire: Will the house, you choose, deliver, what you seek, desire, and prioritize? How much time, and effort, might you, expend, so you fully discover, the best personal course of action, both, in the nearer – term, and in the longer – run? Why do you desire, home ownership, at this time, and are you ready, for the responsibilities, etc?
Before you begin your quest, for a home, of your own, take the time, and make the effort, to FIND, what best meets your personal needs, and priorities, etc! Will you be a smart home buyer?