"Hello and welcome to Part 2 of buying a home in today's market with me, Daniel Byard, Team Ringgold, and Keller Williams One Legacy Partners. Today, we are working on setting goals.
What is your goal? Well, your goal should be to purchase a home, but in order to get there, we have to set goals to meet along the way.
Now, let's look at the first one: A realistic budget. Setting a realistic budget based on the fundamentals of your current finances is the BEST baseline for knowing where you can reach, should you make the decision to purchase a home.
Next, let's set things like location. Location is key for many people. Some people choose school districts, other people choose location convenient to thier work location, and others want a retirement home by the lake. Knowing what you want, associated with your budget starts to narrow in what homes you're looking at.
Then, we look at features. If you know that you need a home for you and your family, you're gonna be looking for a larger home; if it's just you and you're downsizing from, say, a larger home that you've recently sold, maybe a one-bedroom or a condo would be perfect.
All of these features and expectations help narrow down the field so that you are realistically looking for what you want, and, at the same time, looking for what you can reach if you set the right goals up front, and these expectations keep you on track, you will be able to find the home of your dreams---not just the next home you wanna buy, but the home that you WANT to buy. It's a key and it's a goal.
Join me next time, where we jump into the finance portion of buying your next home. I'll see you there!" -Daniel Byard.
