Buying a home is a big event, both emotionally and practically. There’s a lot to organize to make it run as smoothly as possible.
A home buying experience can be joyful, exciting, and nerve-wracking all at the same time. You’ve laid out all of your hopes and dreams for the home you will soon purchase.
It’s a good idea to start compiling a home buyers checklist, especially if this is your first time purchasing a home. Having a handy list to refer back to can help you hit all of the major points.
Keep reading to find out the top items you should make sure are accounted for before starting the home buying process.
1. Your Budget
There are a lot of things you need to include like closing costs, the home inspection fees, and the land transfer taxes. The closing costs are the fees associated with the purchase of the home, such as the loan origination fee, the title insurance, and the home appraisal. See here to make sure you take into account all fees associated with your loan.
The home inspection fees are the costs of having the home inspected by a professional to ensure that it is in good condition. And, the land transfer taxes are the taxes that you will need to pay on the purchase of the home. All of these costs can add up, so it is important to be aware of your budget and to make sure that you can afford the home you are interested in.
2. Size Matters
When buying a house, size does matter. You’ll want to make sure that you include the square footage of the home and any additional rooms in the home, like the garage or attic.
Additionally, you’ll want to take note of the size of the lot the home is on as well as any fencing or other property features that could affect the size of the home. All of these factors can affect how much your home is worth and how much square footage you have to work with, so be sure to include them on your checklist!
3. Curb Appeal
When buying a home, many people put a lot of emphasis on curb appeal. This is especially true for first-time home buyers. After all, you want your new home to look good from the outside.
Curb appeal can affect your enjoyment of the home. If you’re not happy with the way your home looks from the outside, it can be a constant source of frustration. On the other hand, if you love the way your home looks, you’ll be much happier living there.
4. Warranties and Contracts
These can be extremely important in the event that something goes wrong with your purchase. Always make sure to ask your real estate agent or attorney about what is available to you and be sure to get everything in writing. Some common items that are often warranted or put into the contract are appliances, roofing, siding, windows, and doors.
The Perfect Home Buyers Checklist
You’ve worked hard to put together a great home buyers checklist, now it’s time to put it to use! Use this checklist to make sure you’re considering all the important factors when you purchase a house. From must-haves like square footage and the number of bedrooms to things like warranties and contracts, this checklist will help you evaluate each home you see to find the perfect fit.
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