Realistic Consideration

  Realistic Consideration

After over 15 years as a licensed real estate agent in New York State, I believe that in order to maximize your potential for success, profit and happiness in any real estate purchase, decision, etc., it is important to proceed wisely, carefully and thoughtfully! I often refer to them as the rules of any engagement actively related to this industry! Since for most people the financial value of their home is their single largest asset, doesn't it make sense to proceed as , as informed as possible?

1. Don't try to market time!: Very few people are able and lucky enough to market time when it comes to this specific industry and part of our economy!

2. Will it be a starter home or longer-term?: From the beginning, it is reasonable to consider whether a particular house will be a starter home or one that you will keep for a longer term! This process makes it easy to make the best decisions when it comes to house specifics like size, rooms, features and needs/priorities! , you can't accurately predict/read the future, but if the goal is longer term, that means planning for family, quality schools, and other amenities, needs, priorities, etc.!

3. Differentiate between a wish list and real needs: A wise home buyer enters the process with two lists: one that is a wish list; and second, one's true needs and priorities! This means, realistically, evaluate your personal situation, as well as finances and comfort zone! A wish list should help you choose when your actual needs will direct you to several options and fit into your budget and other priorities, needs and ideas!

4. Why would you want to live in this area?: What could one particular area offer you that makes it attractive? Consider factors such as: safety/crime; schools; convenience for shops, transportation, houses of worship, etc.; and other personal priorities etc!

5. Why a specific home/house?: What makes a specific house appeal to you? Be careful, have it inspected by a professional home