Moving house isn’t just stressful, it consumes every waking moment of every day for months. You need to locate a property that you want to buy, list yours for sale, secure the services of a reputable property lawyer and get your finances in order, all the while attempting to be the best mom to your kids and working full time. This is why many people move once or twice in their lives and then stick contently to a mid-rung on the property ladder. Others can deal with the stress more easily and strive to change humble abodes until they reach the pinnacle of the ladder, settling into their dream pad. Take a look at how you can take a leaf out of their book and make your home move go as smoothly as possible.
Money doesn’t grow on trees sadly, and if you’re looking for a home loan to fund your next home purchase, you need to have all of your financial ducks in a row. To take the stress out of your financial situation, ensure that you don’t venture into your overdraft for at least three months before any house buy. Make sure you are paying your bills on time, you don’t skip a payment to your credit card and that your debt is manageable. You need to prove to any lender that you’re a responsible borrower so show them that your incomings far outweigh your outgoings.
Finding The One
It can be sickening to hear that your pal who only starting searching for their new home a fortnight ago has already found the dream mound of bricks and mortar. You’ve been looking for three months and haven’t located anything that gives you the feeling. You could cut out a little bit of the searching and save money buying a house by asking realtors to bid for your custom. They offer to give you back some of their commission, therefore giving you a little bit of extra cash in your pocket. They’ll also be working hard trying to find you a house so they can earn their cut.
The Legal Stuff
Even if you’re buying a newish home, it pays to get a surveyor round to assess the property. You don’t want to be moving in to discover damp and subsidence as you step through the front door. Although a bit of a financial outlay, a structural survey of your property could save you thousands in the long run.
Any property lawyer that you’re tempted to hire should have sound credentials and excellent testimonials. Even better, ask around family and friends and see if they have any recommendations. There’s nothing more reassuring than hiring someone your mom or dad have recently used.
Buying a new home whether it’s your first or last can be a manic time. However, you can make the process go more smoothly by utilising this advice. You don’t have to be pulling your hair out worrying about money or the home loan or your property lawyer in your quest to find your dream home.