Compromises You May Have To Make When Buying Your First Home

There are always high expectations when trying to find your perfect home, and it’s easy to be overwhelmed with a list of things which you are looking for. There are a number of factors to consider when you are looking around a property, so you might have a checklist already with what you want, but you have to take into account what you need.

You will need to compromise on some aspects, so here are some things you can be flexible with, when looking for your dream home.

Layout

So you want a three bedroom, detached house, with a garden, as close to the centre of a city as possible and all of this under a certain budget? Sometimes it will be impossible to find a property that ticks all the right boxes.

I personally think that the layout of the property can be one of the easier things to compromise on. You need to decide what is more important to you, if you need those three bedrooms, you can compromise on the size of the kitchen, master en-suite or that study which you could live without.

Condition

The condition of the property you’re buying is very important and should never be overlooked; unless you’re buying a fixer-upper. Getting a Survey carried out is an essential part of your property purchase, even if the property looks structurally sound it might not be. If it is an older type you would need to instruct a Surveyor to carry out a Full Building Survey.

There are also some points to consider if you are buying a property to purposely renovate. You need to have a detailed plan which estimates as accurately as possible how much things will cost and how long will it take. You might also need another place to live whilst work is being carried out.

There are a lot of things which need to be taken into consideration, but if you have a plan and are organised you will be just fine.

Don’t let a renovation scare you, as there could be a massive pay out when you go to sell it. Your house may end up being worth considerably more than you bought it for.

Crime

Local crime is an important factor to look for when finding a home, but people often refuse to compromise on it. You want that assurance that the home you will be living in will be safe. There are certain ways to find out what the crime levels are in the place where you are looking to buy a home. Just remember nowhere will be completely free from crime, and there are safety precautions you can take if you do compromise on location.

Noise

You might have found the perfect property, but see that it is next to a busy road. This can really be off putting as no-one wants the constant noise of cars zooming past their home, especially at night. Try not to let it put you off as there are a number of things which can help reduce the noise levels.

Installing triple glazed windows can make a world of difference. Also having better insulation can stop noise passing through your home.

Your expectations might be high, but learning to compromise is the key. It would be rare to find everything on your checklist, so just try and stay positive, consider your priorities and hopefully you will be able to find the home of your dreams.

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