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Your Online Guide » Home Decor » First Time Home Buyers Guide

[F270]Find The Right Man
by Andrew Webber, And
It is quite natural that you will want to make sure you find not only the best house for your money but also the best house for you and your lifestyle. This is extremely important today because purchasing the 'wrong' house could actually end up costing you significantly if you decide the house just doesn't suit your needs and you need to sell it within a short time after purchasing it. This is due to the current transition of the housing market and decline of home appreciation values. While home prices are still holding their own in many locales, you could find yourself trying to get rid of a home that has not maintained its market value or even appreciated during the short time you own it. Don't allow yourself to fall into this potential trap. Take the time to find a right home the first time.

Narrow the search parameters

The first step is to begin looking at factors that will influence your home buying decision and narrow down the parameters somewhat before you actually begin shopping around for your dream home.

When you begin looking for homes you will quickly discover there are almost literally hundreds of listings, particularly if you begin your search on the Internet. The wealth of information available can quickly leave you dazed and confused. To avoid making a costly mistake and possibly choosing a home that just isn't right for you, it is important to narrow down some of those options by taking into consideration the advantages and disadvantages of each.

Pre-approve for mortgage

Before you do any of that you need to first make sure all your financial information is in order. This not only helps you to determine exactly how much money you can spend on a home but also makes you a more attractive homebuyer to sellers. In the event you and another buyer want the same house, sellers are typically more likely to accept offers from buyers who have been pre-approved for their mortgage.

Decide on the neighborhood

If you haven't already done so, one of the first steps you should take is to decide on the neighborhood where you want to live. This is particularly important if you will be looking in a metropolitan area where there may be numerous suburbs and neighborhoods. Be sure to consider proximity to school and work as well as entertainment, shopping and worship centers.

Types of home

When it comes down to actually choosing a house, you can easily look at dozens of home before you find one that will suit your needs unless you consider beforehand the type of home that will best suit your needs. As you peruse the market, you will typically find numerous options available. Town homes, condos, single family homes, etc. Each type of home offers various advantages and disadvantages.

For example, if you prefer quieter residential living a single family home may suit your needs best. Be aware; however, that while single family homes offer more privacy and typically appreciate better than other housing options they also require more maintenance and are typically more expensive. Home buyers who enjoy a little or no maintenance lifestyle may find that a condo, co-op or townhome suits their needs better. The convenience of little maintenance comes at a price; however?while these options are less expensive than single family homes they are typically much noisier and offer very little privacy.

Interior Specification

Regardless of which option you choose, you will also need to give some considerations to interior specs, such as the number of bedrooms and baths you prefer as well as other considerations such as formal vs. informal living areas. Don't forget to also consider whether you prefer an attached or detached garage. Homes with attached garages are typically somewhat less expensive than homes with detached garages and offer a higher level of convenience, although they are often noisier.

Look for a real estate agent

Once you have made these decisions it is time to contact a real estate agent and get to work. Be aware that the amounts of time you spend looking for a home may well depend on the quality of the agent you choose. Be sure to look for an agent who really listen to your needs and focus on finding you a home that will meet your needs and not just earn them a higher commission.

Allow sufficient time

Make sure you are prepared before you actually start the home buying experience. Do not make the mistake of scheduling home tours on a day when you will be rushed for time. Allow sufficient time to really see the home as well as its surroundings.

Keep a notebook

Bring a notebook with you to make notes regarding the house while you tour it. It's also a good idea to bring along a digital camera so you can take some photos to help jog your memory of the home later on. This is especially important if you will be viewing a large number of homes.

Don't be fooled by home staging

Keep in mind that home staging is rising rapidly in popularity around the country today. More and more homes are being professionally staged to sell quickly. Don't let yourself be fooled by a great decorating job. Keep your priorities in mind and make sure the home really offers what you need.

Re-visit the house at different times

Be aware that homes and neighborhoods are often much different at night than they are during the day. Schedule a return trip on your home to drive through the neighborhood and make note of whether there is anything that might prove to be distracting, such as a barking dog, overly bright security light shining right in the master bedroom, nearby train tracks, etc.

Don't rush

Never allow yourself to feel pressured into making snap decisions just because someone else is looking at the same house or because interest rates are currently low. Making quick decisions can spell trouble and cause you to overlook elements of the home that might not actually suit you.

Follow up visit

After you have narrowed down your selections, phone your agent to request follow-up visits to your top choices. If you're having a difficult time in making a decision you may well find that a second visit reveals issues you hadn't noticed the first time you viewed the homes, making your choice much easier.

By making sure you have taken the time to address your needs and concerns up front and drafted a step by step plan, you will be in a better position to find the perfect house for your needs and lifestyle.

The reason for this lies in the dramatic change in the business environment over the last 10-15 years. This means that the traditional methods of recruitment just aren't as effective nowadays

In the same way that you need to be aware of the key issues in your market in order to trade successfully, you also need to be aware of what is going on in the candidate market to successfully attract and recruit the right people.

? No More Jobs For Life - Gone are the notions of ?jobs for life' with any one employer. Similarly, people tend to have less loyalty towards any one employer. Today's school leavers will have not just a number of different jobs throughout their lives, but also a number of different ?careers' through their lifetime

? More Mobile Workforce - As people become much more open to changing jobs and careers, the internet has made changing jobs so much easier. There is also much more movement of people to different cities, countries and continents.

? Technology - The advance of technology means greater competition on a global basis, changing job roles and skills. This has enabled more mobile and home working as well as many more small business start-ups which mean that people have more choice in where and how to work.

? Demographic Changes - Many of the western economies are facing increasing challenges brought on by declining birth rates since the 1960s. The result is an ageing workforce with less talent coming through the ranks and shortages of people likely to continue.

? Wealth - As many of the modern world economies become wealthier, so the workforce is looking for more from their work and their lives. We travel more, are more cultured and want more fulfilment in our lives and our work.

? Work-Life Balance - With this wealth has come the increasing emphasis on a ?work ?life balance.' People no longer want a job for life, but a job with life. They want a healthy balance between work and their lives away from work and are therefore much choosier about the jobs they take on.

? Sense of Purpose - Linked into the above factors, many people these days are looking for a sense of meaning and purpose from their work.

Unlike previous generations who may have looked at work as a means to earn a wage, more and more people look to their workplace to give them a sense of purpose and will readily move on if they don't find it.

This may be because of the job itself, or indeed the company and the way they operate.

? The Pace of Change - Increased competition in most sectors coupled with increased technology means your business has to keep changing faster than it ever used to just to survive.

But the labour market cannot always keep up with this pace and so it often appears that there is "no one out there" in the market, when in fact there is; they just don't have the exact skills and experiences you need to fit your changing business.

? A More Discerning Candidate - Just as your customers and clients have become more discerning, so too have candidates in their job search.

They are more knowledgeable, better aware of the marketplace and more demanding than previous generations and so it's much harder to attract them than it used to be.

Collectively, a combination of these factors has led to some of the challenges many businesses face today in finding the right people.

To what extent each of these factors affects your own business will be different depending on the market you are in and the conditions in your local economy. But fundamentally, the rules of recruitment have changed ? you cannot just do what has worked for years, because it's simply not effective any more.

Those businesses that change the way they recruit will be the ones that succeed in attracting the right people.

My approach to recruitment takes all this into account ? you need to start thinking about your vacancy as an opportunity and a lifestyle you are selling, not just a job.

You need real clarity about what is you are looking and real clarity around your unique proposition as employer. And then be highly proactive in getting out and finding and selecting people to fit your requirements.

Copyright (c) 2007 Authentic Resourcing Limited
Article Source : Real Estate Mortgage Network

About Author
Both Andrew Webber & Mr Sital Ruparelia are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Andrew Webber has sinced written about articles on various topics from Finances, Clearwater Home Mortgage and Sell Home. Andrew owns a website that provides tips for first time home buyers. Visit his website at:. Andrew Webber's top article generates over 3600 views. Bookmark Andrew Webber to your Favourites.

Mr Sital Ruparelia has sinced written about articles on various topics from Real Estate, Interview Questions and Interview Questions. Sital Ruparelia, 'The Recruitment & Retention Expert', publishes the twice monthly Authentic Resourcing Newsletter. If you're ready to jump-start your efforts to find and keep the right people so that you can make more profit in less time then get your FR. Mr Sital Ruparelia's top article generates over 22200 views. Bookmark Mr Sital Ruparelia to your Favourites.
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