5 Questions to ask yourself when purchasing a New Home

While you are looking at homes and once you make an offer on a home, there are some questions you should be asking yourself to help keep common sense involved in the decision making process:

This list is in now way complete. I invite you to add more questions in the comment section.

Here are five IMPORTANT questions to ask yourself:

1. Does the home work for you and does it meet your NEEDS
Remember the difference between wants and needs?
2. Do the numbers work for you?
Can you really afford this home?
3.  What sacrifices are you making to get this home?
It helps to think specifically about what you might be giving up for this particular home.
4.Will the home meet your needs for the near future?

Will your family be growing?  Are the kids going away to college?

5. Will you still want to mow that big back yard in a few years?

If you know that you are the type of person who easily becomes emotional in your decision making process, it might be a good idea to carry a note card with these four questions on it to remind you while you are looking!

Remember to strike a balance between emotions and common sense in your home buying process. It will help you enjoy your home that much more once you actually move in.

Tags: Rent-to-Buy, rent-to-buy home

This entry was posted on Friday, April 9th, 2010 at 2:48 pm and is filed under Lease Option Student / Rent to Own student, Lease Option Training / Rent-to-Own Training for Home Buyers, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.