Thinking About Purchasing Why What

Dated: 12/07/2016

Views: 82

Why are you buying a home?

This is the most important question to ask and answer. Why do want to purchase a home? For most people, the reason has nothing to do with money.

A survey study by the Joint Center for Housing Studies at Harvard University  revealed that the four major reasons why people buy a home has nothing to do with money. They are:

  • A good place to raise children and for them to get a good education

  • A place where you and your family feel safe

  • More space for you and your family

  • Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? 

What is most important to you?

Before you start shopping for your new home, its critical that you set your priorities. Determine your needs and wants. Decide what is important to you: location (community, schools, etc), or space (size of home, rooms, closet , etc).  If you determine this in advance of your purchase, your decisions will be more thought-out and strategic during the home-buying process. In the end this will help you choose the perfect home for yourself and avoid a feeling of buyer’s remorse.

Determining your WHAT & WHY can help you figure out a good time for you to buy in today’s market.

Marvette Cofield

You don’t choose a home because you love the paint color. No, an investment this big demands in-depth knowledge so that you can buy with confidence. That’s where I come in. As an agent with Berk....

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