A decisive attitude matters when you’re buying a home. You want to stick to your list of needs over your wants, as well as your budget range. Otherwise, you’ll be putting yourself in some serious trouble.
Yet, do also know that sticking to non-negotiables means being a little more flexible in other home buying decisions. In the following aspects, it’s okay to make some compromises.
More square footage
Most people feel the urge to buy a home bigger than they actually need. You yourself probably think you need this extra guest room or that playroom just in case. But more often than not, that additional square footage is unnecessary.
Think about it; your relatives and friends stay over for only a couple of days. Moreover, your kid’s bedroom can serve as an entertainment room in itself. So if you see a house located in a good community, complete with the basic amenities, and the only “dealbreaker” is the lack of the extra rooms or a huge yard, it’s totally fine to compromise.
This will significantly free up more budget for you, not just in the actual purchase of the property, but in its maintenance later on. If you want to save more money from the get-go, shop around for home loans. Compare mortgage rates in Guilford. While you’re at it, be familiar with the loan jargons to be completely informed about the entire process.
Hot neighborhood
Location, location, location, right? People are hard-core when it comes to finding popular neighborhoods and settling the family there. But the thing is, hot neighborhoods are often already congested. In most instances, they’re also overpriced that you’re going to have to break the bank to get a house and land there.
So, you’re left with the choice of settling on nearby communities. It may sound like a bad situation but in truth, it’s actually good to give in and compromise. When hot neighborhoods reach the peak of its popularity, which is usually marked by over-the-top prices of lands, the areas close to it experience gentrification (the fancy word for improvement).
In other words, the neighboring communities become the next hot neighborhood in town. Settling there just before it goes popular helps you take advantage of low prices of lands. That’s a good compromise.
Aesthetically pleasing property
You’ve always dreamed of living in a Victorian-style home or perhaps cooking at a kitchen with plush marble countertops. But when you saw the price tag of that ideal property, it would mean not eating for a year or not sending the kids to school.
When it comes to aesthetics of the home, it’s okay to compromise. You (or an interior designer) can always do some magic in bringing out the Victorian, sophisticated feels in an ordinary-looking home. Add a wood or stone material at the property’s exterior. Introduce some decorative trims in the living room. Spruce up the walls with warm, bright hues. It’s easy to add these cosmetic enhancements later on, so it’s okay to make some compromises on the aesthetics.
No house is perfect because nothing will exactly align with your budget and needs. That’s why compromise is necessary. In the mentioned aspects, remember: it’s okay to give in.
