House Hunting

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Information about House Hunting
Real Estate

Published on February 21, 2014

Author: Scullivan



House hunting can be overwhelming enough if you're not even sure about your decisions. Take a look at this presentation to see what factors should go into your decision and what your options are.

House Hunting Buying, Building or Fixing?

Is Buying, Building or Fixing Best for You? • When shopping for homes for sale, whether in Park City, Ft. Lauderdale, or Timbuktu, you may start wondering if building your own home, or lowering your standards, is a better option. • Each option can be good for your family, depending on what your circumstances are.

5 Deciding Factors 1. 2. 3. 4. 5. Finances Time Manpower Special Situations Environment

Buying a Home

Buying a Home • This option works best for families with limited amount of money for a down payment. • This is a good option for the suburbs or cities. • Follow these steps in looking at homes for sale: – Determine what you want and what your income will accommodate. – Look for a good neighborhood. – Plan ahead for future family needs. – Shop around and use a realtor if necessary. – Make an offer. – Close on the offer, but hire an inspector first if something seems suspicious.

Building a Home

Building a Home • Indecisive? Building a house is probably not best for you. • What aspects are most important to you? – Appearance – Space – Affordability – Utilities

Building a Home Use one of these three different building methods: 1. Complete do-ityourself 2. Complete professional build 3. Half DIY, Half Professional

Fixing Up a Home

Fixing Up a Home • This can be a good option on a strict budget, but be sure to estimate realistic costs from the beginning. • Try to imagine what your fixer-upper would look like with some work put into it. • Find a good floorplan and a good neighborhood. • Decide when each renovation can happen. Budgets usually don’t allow for them to happen all at once (unless you’re flipping the house). • First things first: do all the big stuff first. Work from the inside out.

Deciding What to Do • Take the time to assess what you and your family need. • Read this article for more in-depth information about deciding about your options. • If you need information about homes for sale in Park City, Utah, read this article.

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