Your Wants and Needs When Buying a Home in Virginia Beach and Chesapeake " Real Estate by the Numbers | Virginia Beach Real Estate News For Buyers And Sellers

Your Wants and Needs When Buying a Home in Virginia Beach,Norfolk, Suffolk, Chesapeake & Hampton Roads Real Estate by the Numbers

filed under: Buyers, Main category, Real Estate posted on February 1st, 2008

Sorting out your “Wants and Needs” when buying your home, condo, or oceanfront property in Virginia Beach, Chesapeake, Norfolk, Suffolk, or Hampton Roads is a must.

Below we continue our discussion on “Real Estate by the Numbers” and what it means to potential home owners in Virginia Beach and Hampton Roads.

In our last post we discussed buying versus renting and the comparisons of each. Now that you have decided to buy a home in Virginia Beach, Chesapeake, or Hampton Roads you have to prioritize your “wants and needs”. You may “Want” a 6000 square foot home but can only afford or “Need” 3000 square feet. We have previously discussed important items such as location (you cannot change), neighborhoods (pride of ownership) and schools (how important?).

Now, what do you really “Want and Need” in the home?

Price Range? What do you really want to Spend?

How many bedrooms do you want?

What could you get by with?

Is a downstairs Master Bedroom required?

Is it needed for a future parent live-in?

How many stories?

Is a Ranch ok, or do you prefer two or more stories?

Cable or Internet wired?

Newer or is an older home acceptable?

Is the Kitchen important or can you remodel later?

Bathrooms – how many?

Move-in ready or can you fix a few minor items? (fixtures, carpet, windows, deck, etc)? Check with a Home Inspector.

This can all come in to play when preparing the purchase offer. In today’s market move-in ready is the
standard.

We could go on and on, but later you will see a “buyer home
search checklist” which will include much more detail when viewing each home.

Standby…………….more to come.

See how your REALTOR® provides value and represents your interests only whether new construction or resale.

posted by Dennis Blackmore

This entry was posted on Friday, February 1st, 2008 at 4:32 pm and is filed under Buyers, Main category, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.