Buy a Home Orlando Series - 1) What is your Reason

The process to buy a home is a complex and time consuming process, especially if you are a first time home buyer. Even if you have bought a home in the past, you have lessons learned along the way. Your Real Estate Resource is publishing...
By: Your Real Estate Resource
 
Dec. 5, 2009 - PRLog -- How to Buy a HomeIt begins with PreparationWhen thinking about buying a home the first mistake many home buyers make is run out or go online and start looking at houses.  To minimize mistakes and maximize your time, you must resist the urge to start looking for houses.  Instead you need to be prepared before looking at your first house.  Your success is contingent how well (or poorly) prepared a home buyer is prior to making the purchase. This preparation does not need to take a great deal of time, and most of it can be done from the comfort of your current home, but it is important to spend some time getting ready before running off to look at specific homes.In this article, which is the first of the series, we will discuss the need to evaluate the reasons for buying a home.Know your reasons for buying a home. To buy a house just to buy a house is not a solid reason to purchase a house.  Don't buy a house just to buy a house.  Only taking the the assumptions everyone needs to own their own home, it is the best investment possible, or I simply MUST have a new home may be acceptable reasons if those assumptions fit your personal situation. First of all, it is a good idea to remember that a home is just a place where you live. Yes, there can be wonderful advantages to home ownership, including accomplishment and pride, potential tax advantages, accumulation of equity, it is generally a mistake to focus too much importance to the advantages and not enough to what should be the primary reason: A home is a place where you live. By knowing precisely what your reasons are for buying a home, you will be much more likely to keep everything in clear focus.Understanding your high level reason for buying a home is the critical first step for the home buyer.  It is like driving your car on vacation without a map.  If you don't have a map then it will take longer to arrive at your destination or worse you'll end up somewhere you don't want to be.  Understanding your reasons to buy a new home will keep you on course to arriving at your dream home!The next article in the How to Buy a Home series we'll discuss needs and wants.
Your Real Estate Resource
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