Blog, Woody's OWN

Needs vs. Wants When Searching for a Home

I have my must have, want/prefer list all ready. Doing research using @HGTV to assist with knowing jargon and etc to prepare for my home search in 2016.

Allen Tate Blog

12.5.14 Wants vs NeedsReady to move and excited about the prospect of getting “everything you ever wanted” in a home? Of course, that’s where we all start, but budget and other realities soon factor in.

So how do you make your dreams come true without breaking the bank?

The key is setting a realistic budget – and understanding the difference between what you want and what you need.

Start by sharing the information below with your Allen Tate Realtor to help determine what you can afford, your preferred location, home size – and what your expectations are.

  • Budget – Get pre-qualified now to determine what monthly mortgage payment you can afford and loan amount you qualify for.
  • Location – Do you want to be close to work and/or school? In urban, suburban or rural area?
  • Size and type of home – How many bedrooms, baths, etc. Single family, townhome or condo?
  • Condition of…

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