Remember the day you purchased your current property? It may have been your dream home at that time. Or, it may have been a compromise between what you could afford and what was available on the market. For example, you might have wanted four bedrooms only to find that there were few such properties available within your price range. But, as the saying goes: That was then and this is now.
Today, there may in fact be an ideal home on the market, at a price that fits your budget perfectly. How do you find out?
The process is fairly straightforward. First, you determine the current market value of your property… in other words, what it’s likely to sell for on today’s market. That will give you a good idea of the funds you’ll be able to put toward a new home.
The next step is to get the details you need regarding financing. You’ll want to find out what size of mortgage you qualify for and how the payments fit into your budget. With this information, you’ll be able to determine a comfortable price range for a new home.
Finally, you’ll want to start looking at homes available on the market that meet your criteria. For example, you may now be able to afford that four-bedroom with a large backyard in a nice, family-oriented neighborhood.
Once you go through this process, you might discover that your dream home is closer than you think! Why not get started today?