When it’s time to buy your first home, it can be a scary process. First-time home buyers should do some research and have a clue what they are getting into. Since buying a home will likely be the largest financial transaction of your life, you need to know what to expect.
As you go through the home buying process, there are certain things you will encounter. Some things should never be ignored, but others simply don’t matter that much. Here are five of the top things first-time home buyers should ignore during a home search.
The Paint on the Walls
Maybe the absolute easiest thing to change about any home is the paint. If you check out a house and find that everything works, but the paint is hideous, ignore it. Painting your new home’s interior walls won’t cost that much and should never be a deal-breaker.
Look past the paint and focus on the things that matter most. There are some things you simply cannot change, such as the view and how natural light filters in through the windows. However, paint can be changed and for a very low cost.
A Stunning Kitchen
Everybody wants the kitchen of their dreams, but it could be what distracts you from more important things. While a cool kitchen perfect for cooking meals matters, it should be ignored at least long enough to really see the home for what it is, not for the kitchen it provides.
Often, sellers will remodel the kitchen to attract attention. However, as a first-time home buyer, your job is to look past the kitchen to see the actual infrastructure of the home.
When evaluating a home, look past the eye candy (dream kitchen) and find out if the home has a new roof, new electrical system, new plumbing or anything other infrastructure enhancements. You can have a great kitchen, too, just don’t let it distract you from the rest of the home.
Your Current Furniture Won’t Fit Well
First-time home buyers often get caught up with how their current furniture will fit in the house. This simply doesn’t matter when buying your first home. Chances are, you will be replacing that furniture very soon, anyway. It’s not that hard to sell old furniture and get something that does fit.
You should never even consider how your furniture might fit when buying a home. Look at the home itself, not how your things will fit within it. If the home is a great choice, you can replace that massive dining room table or couch.
Even if you’re unable to sell the old furniture, you can donate it for a tax deduction. In addition, would you really miss the perfect home because you’re not sure your dining room table will fit? Doesn’t that just seem silly?
The Decor Reminds you of Grandma’s House
You may end up checking out a home that’s perfect for you, but you cannot get past the horrible decor to see the home. Ignore the decor and remember, the seller will take their things with them when they leave. On moving day, you’ll be moving into an empty house, so that bear-skin rug or flower-pattern couch will no longer be there.
When a seller doesn’t spend the money or take the time to stage the home properly, it’s up to you to look past their terrible sense of style. Even if the home looks like grandma’s house, if the structure, floor plan and other important factors fit your needs, it could be a perfect choice.
Don’t allow decor to distract you from a great home. Ignore the decor and look past it, just as you would with horrible paint. These things can be changed. There are plenty of other things you cannot change that matter far more than the decor that won’t even be there when you move in.
You Don’t Need Great Schools
If you don’t have children, then you shouldn’t care about the schools serving the area, right? WRONG! Even if you never plan to have children, the schools serving your neighborhood cannot be ignored.
Ignore the fact that you don’t have children and may never have children and pay attention to the schools. When the time comes for you to sell your homes, a large portion of the buyers will care about the schools serving your neighborhood. This is a huge selling point and one you should consider when buying
Homes found in neighborhoods with top schools tend to get more attention than those in average or lower than average school districts. While this may not matter to you know, five or ten years from now, when you’re ready to sell, it will impact the sales price of your home.
About 20% of buyers would give up an extra bedroom or even a garage to have a home in a better school district. Another 33% would choose a smaller home to be in the right area for great school. Many buyers would even pay more for a home served by the right school.
Even if you don’t need the schools for your children, make sure you ignore this and pay attention to the schools. As a first-time buyer, you should still consider what will impact the sales price when the time does come for you to sell.
Life may change quickly and you could be selling your home within a few years. Even if you don’t sell for decades, there’s a good chance the top schools will still be the same when that time does come.
As a first-time home buyer, you need to hire a good real estate agent and gain the best possible advice when searching for a home. Some things simply cannot be ignored, but others should be completely ignored. Finding the right house for you could mean looking past ugly decor, horrible paint and even a beautiful kitchen. With the right agent helping you, it will be easier to see the home for what it really offers and not the eye candy distracting you from the issues.
Learn more about our First Time Home Buyers Program, read…
Useful information: 15 Must-Do’s For the First-Time Home Buyer