Scouting for a property online can be an easy yet overwhelming task. The key? Keep these 3 non-negotiables in mind to pin down that specific space you’re looking for.
The internet serves as the definite go-to if you want to learn more about a space. Open up a browser, type some keywords in mind, and you’ve got instant search results to read about. Researching is easy, to say the least. But it’s when you have to choose and narrow down your options that things get a lot tricky. Numerous deals, promotions, and a wide array of choices laid out can be quite confusing.
It’s important to know what you want and stay on track with that goal. Keep in mind these 3 tips and make sure you have a concrete answer for each item before proceeding with the other to-dos on your checklist. Know your priorities and don’t deal with other factors yet if you haven’t settled these non-negotiables.
Table of Contents
1. Know what you want and be firm with it
A space is like having a kid; it’s a life-long investment. The process doesn’t just stop at the point of purchase. You have to take care of it, maintain it, and make sure that it’s in prime condition as the years pass. Establish your purpose for buying the space. Property size and number of residents are important factors to consider. Do you need a condominium unit to cater to a fast-paced lifestyle of a young professional? A townhouse for a married couple planning to have a family? A house for a big family with weekly visits from relatives? Or an apartment that will just be used every now and then? Analyze your current living condition and envision yourself five, even ten years from now. Discern if your lifestyle will still be the same – will you be leading a simple or extravagant life? Note that as your needs change, your house will most likely have to heed to those needs. Will the people around you still be present in the future or will there be a decrease in number? Think of the number of rooms and if your space is guest-friendly, or not. At the end of the day, it doesn’t matter how aesthetically appealing a space is as long as it heeds to its purpose.
2. Be realistic with your budget
You can’t buy a house you can’t afford so decide if it’s the right time to purchase one or if you’ll wait it out for a few more years. Money and timing come hand-in-hand so make sure that the property you’re buying is within the scope of your financial capability. It’s good to have a dream house or finally have that business space but come into terms with your current status and discern if you’re being wise. Consider the duration of your stay – is it a permanent space or a temporary rent? Is it a one-time payment or coursed via installment? Can you afford a loan? Don’t assume ownership of money that you don’t have in your bank account because that would mean assuming something you don’t have. Instead, look at how much you have now and come into terms with what’s within your scope.
3. Decide on a location
Location is a crucial factor – a make it or break it for some. The area and vicinity of your space should be able to cater to your lifestyle and your daily necessities. Convenience and accessibility are important factors that should be within your reach. Is your space near your office? Is it family-friendly? Is there a school or church nearby? Are there malls and businesses around the space? Consider traffic. How long is the travel time to and fro places and how much gas would you be spending on a weekly basis? Moreover, is your space nestled in an area you can proudly call a community that is safe and secure? Though a house is indeed a physical space, it’s important that it is also able to create a sense of identity for you and your family.
Now pondering on these 3 things can sure take a lot of time and consideration. Decision-making can be made easier if you take into account the input of important people. With these set in stone, scouting for your next property online can be much easier.