How to Find the Perfect Home for You and Your Budget

Taking that first step to buy your very first home can be scary and daunting. As a first-time buyer, you may think, “Can I really afford a home that I’ll love and that will meet my needs?”

You can do it. And I can show you how!

In my series, How to Find the Perfect Home for You and Your Budget, you’ll learn how to incorporate my strategies with your own to find a home that is the right fit for your lifestyle, needs … and your budget. 

You’ll know what to do every single step of the way and avoid having that dreaded buyer’s remorse.  

Keep in mind, that your first home is most likely the stepping stone for your next home. You want to do it right the first time and also set yourself up to be financially able to move up to the second home if and when the time comes. 

Here’s a weekly run-down of my “perfect home”-buying formula:

Week 1 – 12 Questions to Ask Yourself Before You Visit an Open House

Before you do anything else, you must evaluate your wants and needs for a home. It’s time to brainstorm and figure out what’s “under your hood” when it comes to what is best for you and your family. This will be the very first, but most important, step on your home-buying journey. Your answers will set you on the right path!

Week 2 – Are you a “House” or a “Location” Person?

It’s time for some more self-evaluation and to determine what’s most important to you in your daily life at home. Usually people tend to lean toward one or the other — being a “house person” or “location person.” The reason we ask this is that it’s rare for any buyer to find their dream home in their dream location within their budget. That’s why you need to figure out what’s more important to YOU and where you’re willing to compromise. 

Week 3 – The 3 Steps Most Buyers Skip When Buying a Home

There’s a very specific formula I use with clients to make sure they end up with the house that best fits their needs and budget.  To do things correctly, you will need some patience. This is the biggest financial decision of your life, and you should tread slowly, steadily and with precision.  This article will go over the 3 steps you need to take that can lead you to the right home for you budget.  

Week 4 – How to Finance Your First Home Purchase

Most first-time buyers are newbies when it comes to mortgage loan options, interest rates, credit scores and more.  Did you know you need to get pre-approved for a loan BEFORE you can start looking at homes with your agent? This article will go over why it’s important to get the lender and pre-approval process done correctly so that you can move forward quickly if you want to make a serious offer on a home.

Week 5 – Putting it All Together

These three factors – budget, location, and your criteria for a home — play a key role in finding the “perfect” home for you. This article explains how these three factors influence each other in your search for a home; and how you “put it all together” is essentially your roadmap for house hunting. Going through this process and understanding how they’re linked will help you make the right decision on a home.

Week 6 – Why You Need to Consider School Districts

Kids or no kids, living in a neighborhood with excellent schools can be beneficial to homeowners. For those of you with school-aged kids, “moving for schools” will most likely dictate the location of you next home. But, remember that fair housing laws prevent your real estate agent from offering any opinions on the quality of the schools or school districts.  This article is a great starting point on how you can best search for a home if a school district is your #1 priority.

Week 7 – “As Is” Home – Deal or No Deal?

Some first-time buyers may be tempted to buy an “as is” home if the price is right to get into a neighborhood they love.  You do need to tread carefully though since there can be vast differences on the state of that “as is” condition.  Remember that the seller has no intention to do any repairs before selling it. This article will discuss the steps you should take if you plan to make an offer on an “as is” home, and how to determine if it’s a deal or no deal. 

I hope you will follow along each week as we explore how to Find the Perfect Home for You and Your Budget. In the mean time, If you or anyone you know is in the market for a brand new Colorado Home, be sure to check out my article on My Insider Secrets for Buying a New Home as well as my YouTube Channel where you will be able to tour lots of great new builds in the Denver Metro Area.

As always, my goal is to be your go to resource for all things real estate.