Buying a home can be a lengthy and stressful process. A lot of the length and stress of home shopping depends on the market in your area. If you’re in a tough call, you want to enlist the assistance of a buyer’s agent, for one thing.
However, your first steps should include determining what home you want and where you want to live. If you want to be in the heart of a big city, a condo will probably be your best bet. If you want a new home, you don’t have to build yourself, and you may want to move into a new subdivision. Here are some things to consider.
Something Newly Built
You can own a newly built home without hiring builders or coming up with home plans and blueprints of your own. Many towns and cities continually have new contractors coming in and building subdivisions. These are popular places to live for people who want newer homes in nice areas.
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When you are ready to look at these homes, you’ll want to schedule a model home viewing. This home will give you an idea of what you can expect from your new home. If you’re going to save a little, you can always buy a previously owned place but still built in the last decade.
Something From This Century
If new is not your thing, but you also want a home that doesn’t need much new work, you want to look for something built in the current century. You’re still going to run into some repairs, and you still have the chance of finding a home filled with asbestos and lead paint. However, you’ll also have an opportunity to find something nice that you can add your own finishing touches to without spending as much money as you would on a newer home.
An Older Home
If a fixer-upper is more your style, look into older homes. You can find some real gems built in the 1800s, but they’ll often need tons of TLC. If you’re the handy type, you can save a lot on upfront costs by buying a home that needs work.
Just remember, things like plumbing and electric work aren’t cheap and shouldn’t be DIY projects for those not experienced in those fields. However, if you only need things like new flooring, new appliances, and some new paint, pretty much anyone can fix that stuff up!
A Condo
If you want to be a homeowner and not live in an apartment for the rest of your life, but you also don’t want a lawn to take care of and hope for some of the amenities an apartment complex offers, you may want to consider buying a condo. This is also the best option for someone who wants to live in the middle of a big city or an affordable home with a great lake view.