Should you Buy your Forever Home First?

The best thing about searching for your dream home is finding all the things you want in a home. It’s one thing when you buy a starter home but purchasing a forever home you need to think about what might meet your future needs. Let this sink in and ask yourself, “Do you know where you are in life? And is a starter home or a forever home best for you?”

We’ll help you decide if a forever home is calling your name. Let’s dive into things to consider when you buy your forever home.

A Forever Home

A forever home is generally occupied for much longer periods of time than a starter home. When you start searching for a forever home, a big factor might be the entry into the home. The optimal entry into your forever home is zero-step. Keep in mind, if you’re living there the rest of your life you don’t want to walk up numerous steps or hike up a hill just to get in front of the door. 

Also, you may want to consider on how big of a space you want instead of waiting until you really need that extra room.  

Think about it: What if you’re planning a wedding or expecting a child? Might as well skip the starter home to save some trouble and jump right into your forever home.

Tips for Buying a Forever Home

So how much can you afford? It depends, the amount of down payment you have will help you narrow down the price range on your forever home. Try to match your expectation with your budget.

Remember to look beyond your monthly mortgage and take into consideration costs such as utilities, homeowner’s association fees, cable, and internet. Although for someone who has never owned a home before, it does bring a good amount of responsibilities that might take some by surprise.  

If you’re a millennial and ready to purchase your forever home, please don’t hesitate to contact us at 770-552-1000. We look forward to hearing from you!