McGuire Real Estate

What Defines a Successful Home Search?

by Eun Young Lee 04/14/2019

A successful home search enables you to discover your dream residence at a budget-friendly price. However, conducting a successful house search may be difficult, particularly for individuals who fail to prepare for the homebuying journey. Lucky for you, there are many things you can do to prevent problems as you search for your ideal home.

Now, let's take a look at three tips to help you complete a successful home search.

1. Refine Your Homebuying Criteria

Think about where you want to reside. That way, you can focus on available houses in your preferred cities and towns – something that will allow you to speed up your quest to find your dream home.

Also, consider your homebuying must-haves. If you have always wanted to own a house with a spacious backyard, for instance, you can hone your home search accordingly. On the other hand, if you require a home that features multiple bedrooms, you can search for a residence that matches your expectations.

2. Establish a Homebuying Budget

A homebuying budget is crucial because it helps you understand exactly how much you can spend on a house. If you get pre-approved for a mortgage, you can start your house search with a budget in hand.

Meet with a variety of banks and credit unions. Then, you can find out how different types of mortgages work and select a mortgage that complements your finances.

In addition, ask questions about home financing. Banks and credit unions are happy to help you make an informed mortgage selection. If you analyze your home financing options closely, you can choose a mortgage that will serve you well both now and in the future.

3. Collaborate with a Real Estate Agent

A real estate agent takes the guesswork out of a home search. In fact, he or she will go above and beyond the call of duty to ensure you can discover your ideal residence without delay.

Oftentimes, a real estate agent makes it easy for a homebuyer to find a terrific house at an affordable price. This housing market professional simplifies a home search and will keep you up to date about residences that match your property buying criteria. Plus, if you want to buy a home, a real estate agent will help you submit a competitive offer to purchase your ideal house any time you choose.

With a real estate agent at your side, you can streamline the home closing process as well. A real estate agent will help you finalize a house purchase and ensure you can move into your dream residence as soon as possible. Best of all, if you have any concerns leading up to a home closing, a real estate agent can respond to them right away.

As you get set to search for your dream home, you may want to start planning for the homebuying journey. Thanks to the aforementioned tips, you can prepare for the homebuying journey and boost the likelihood of quickly finding and acquiring your dream house.

About the Author
Author

Eun Young Lee

Eun Young “EY” Lee has been living in San Francisco for the last 17 years. Over those years she has fallen in love with this beautiful city, the great food, incredible parks and mild weather. She enjoys exploring San Francisco’s different neighborhoods and seeing the unique character of them all. This exploration of the City and its neighborhoods sparked her interest in real estate.

EY grew up in New Jersey and New York, and is a graduate of the University of Pennsylvania. She has over 15 years of experience in market research and client services. Her success in the corporate world was derived from understanding her clients’ needs. This translates to a real estate agent who excels at assessing what each client wants and needs. This, combined with her knowledge of San Francisco, positions EY well to help clients find and sell their home by the Bay.

When not working, EY is an avid tennis player and can be found playing tennis throughout the city from Golden Gate Park to the Golden Gateway along the Embarcadero. She also enjoys making pottery at the Sharon Art Studio, skiing, and enjoying all the great food in the City and the Bay Area.