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Tips to own your dream home

Everyone dreams of owning their dream home. Buying a dream home is one of the most important decisions one looks forward to after years of saving up. In order to own your dream home you need proper plan and patience.

We give you a short list of ‘to do s’ for developing the vision, strategy, commitment and effort so that you can become a proud owner of your desired possession.

Be sure of your dream home:

Be sure of what your dream home would be and do not confuse it with vague ideas about flashy, quixotic notions you have about your dream home. The definition of a dream home is closely related to your aspirations and your visions. It is subjective to your own personality, choices and tastes.

Dreams of home are less about owning a particular building, and more about creating a vision for your whole life. Home is what reflects your lifestyle and beliefs, passions and preferences, home is where your children will grow up sharing your values.

Home is what provides safety and peace and which can be personalised according to your tastes.

Have a clear vision:

Do not get carried away by the mansions you see on big screens. Start writing down what you want your life to look like after you’re in the home of your dreams.

Don’t start with the technical characteristics of the building at first. Take into considerations the immediate reality – your co-buyer’s wants and needs, your budgetary limitations, financial requirements and ways to meet them, the inventory available on your local market at the time, etc.

Be flexible:

While going for your dream home, you will be required to compromise in order to reconcile your dream with your financials, the preferences of any co-buyers you have and realities of the real estate market, the inventory of available homes and geographic and other necessities.

Keep your eyes fixed on your absolute must haves. You may need to be flexible about things like number of bathrooms, view from the balcony or the like. Do not be off tracked about the absolute must haves – the built in area (sq ft of area), location specifications, bedrooms in your home, etc.

Dream homes are not a distant reality:

You do not wish to get off tracked regarding your dream home. First thing you need is to keep track of the hard-core numbers in order to make your dream real.

Handle your money matters carefully. You would be surprised to find out that often you can attain keys to the dream home  by letting go of things that do not come near your home in your priority list. So, instead of thinking your a house is out of your reach, you should think of ways to save and  accumulate money within your monthly budget to take you there.

Making your dream home come true involves some heavy duty bookkeeping and an intense commitment to managing your finances.

 

 

Tags : apartment bedroom buy a house Buying a house flats home buying Home loan house for sale Property Property Buying

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