How to find your forever home
Purchasing a property is a big step in anyone's life. Undoubtedly, the greatest feeling one can have is being able to fund your forever home. A forever home is the property of your dreams, where you will grow your family, host and entertain guests and invest your time and money. To each person, their forever home will consist of different aspects. We help you find exactly what you need in yours.
What do you want from your future?
Finding your forever home has everything to do with where you see yourself in 10-20 years' time. Since this is a long-term financial decision, it's one you should embark on with all the knowledge and confidence possible. When you envision the chapters of your life unfolding how do you picture living? While it's impossible to look into a crystal ball and see what lies ahead, it is fine to plan accordingly with a strategy in place. Remember to leave space for compromise when it comes to the nitty-gritty of your home. While there are certain things such as safety and security that can't be overlooked, elements like spaciousness and aesthetics can easily be rectified in the long run.
Consider your budget
One of your willpower's most significant tests will be not stretching your budget to finance your dream home. While you may consider it an investment, it's not worth getting into a tricky amount of debt to afford. Consider the impact it will have on your lifestyle as a whole, as well as the costs to maintain the premises with improvements and repairs.
A home loan might be your best bet in this situation. Ensure you speak to a qualified property practitioner or home loan expert to weigh up the best option for you.
A lucky location
The neighbourhood you decide to live in will affect your daily life. You should look at schools in the area, amenities, proximity to healthcare facilities, leisure activities and more. The travel time of your daily commute is also a factor when it comes to budgeting fuel as an expense. Ideally, you'd want to live in a central, easily accessible location.
Alternatively, for those who prefer a quieter existence locations in the countryside are wonderful for outdoor activities and a peaceful daily routine. Make sure you choose a country home that's safe and still convenient enough. Choosing to invest in a luxurious gated estate is the perfect choice for those who want to feel a sense of community, while still living a private life away from the hustle and bustle of the city. Many estates have social gatherings, communal areas, restaurants and exclusive perks for residents as well.
What you should know before finalising your sale
Make a checklist of the pros and cons that come with owning this property for your lifetime. Considering that the average homeowner buys their first home by their early thirties and invests in a forever home in their late forties to mid-fifties, this is a decision you have to make sure you can stand by through different stages of life. Consider how retirement will affect your income and therefore the maintenance of your home.
Research the past of the home if it isn't a brand new development and be aware of any major issues such as a water leak, plumbing problems and such. You know that a home is right for you when you are prepared for the responsibilities that come with it and cannot see yourself living anywhere else.
Choosing your forever home is an exciting and memorable part of your real estate journey. RealGlen Properties has a range of beautiful homes in multiple locations for you to view. Prepare to make a good move into your forever home today. Contact us now.