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....

Latest Blog Posts

NEW LISTING ALERT

72 Village Grove Rd;Colonial located on 1/3 acre in a culdesac with fully finished back yard. This home offers 4 spacious bedrooms, large eat in kitchen, over looking family room and gas Fireplace

Read More

Check Out These 129 Homes In Stafford That Were Just Reduced

Looking for a good deal, or want to make sure you get an edge on your competition? Make sure to register  for The Acors Team's Buyer Advantage Program and get the most up to date information on

Read More

Confidence In Real Estate Market Rises Interest Rate Concerns Remain In Berkshire Hathaway HomeServi

Optimism toward the U.S. economy and real estate market rose across all generations of current and prospective homeowners in Berkshire Hathaway HomeServices’ latest Homeowner Sentiment Survey

Read More

Comprehensive List Of The 65 New Listings To Hit The Fredericksburg Market This Week

This week there were 65 New Listings to hit the market with the most expensive home listed just shy of $1.2 million on Lake Anna. The home boasts 5 Bedrooms and 3 Baths, a chefs kitchen, boat house

Read More