How to Know When You Are Ready to Seriously Consider Making Your Move

I was watching HGTV this weekend.  I think we all do it from time to time and I was so shocked to see a couple that has been renting for over 20 years.  They have paid out over $150,000 in rent over that time period, not to mention the taxes they have paid on their income.  For that kind of money they could have a beautiful new home completely paid for by now!  So how do you know when it is time to purchase a home?

1. If you plan to live in a city for at least 5 years, you should consider purchasing a home.  Why put all that money in rent, when you can save money on taxes and build equity?  Renting in this case is like burning money in the fireplace to keep you warm!

2. Look at how much you are spending to heat and cool your rental. If you are living in an apartment or older home, you are paying way too much. Today’s new construction homes are built with saving energy in mind. This also means you save money monthly too.

Not renting, but thinking it is time for something new?  Many people feel the same way, but are unsure of when to actually take the next step.  Here are some reasons our clients have taken the next step and changed their living situation:

1. The kids are off to college and the house seems too empty!  Nothing is more fun than starting a new chapter of your life.  You can make your home fit your needs now.  No more playrooms with toys all over the house.  You can finally get a home that has that craft room or yoga studio you have been dreaming about.

2. My utility bills keep getting higher and higher each year.  It may be time to purchase a new construction home.  These homes are built with the latest greenbuilding techniques that help save you $$$ and also help the environment too!

3. We have a baby on the way and no room for all the stuff!  It is amazing how much stuff comes with such a small person.  After just one shower, you no longer have room to walk around your home.  It is time to look for something a little bit bigger.

4. This home is a money pit.  Do you feel like every day is something new that has to be fixed or replaced?  Might be time to consider a new construction home.  These come with warranties so if anything goes wrong the builder takes care of it for you.

5. Interest Rates are still low.  Believe it or not, our parents paid up to 18% interest to purchase their homes!  The interest rates today are wonderful.  You never know what will happen that could drive the rates up high again.

There are many more reasons to get serious about moving.  Don’t wait another day.  We can help you find the best home for your current situation at a great price!

Article by Teresa Robinson, Owner/Buyer Specialist, North Texas Home Finders
Get a Buyer Specialist and rest easy! The builder pays our service charge from their advertising budget which is built into every home they sell. Since these fees do not come out of the home construction budget, you cannot negotiate one penny of a better deal alone.  Visit www.northtexashomefinders.com for more information.