A new year often has us reflecting on the past, and making decisions about things that we can do to make the next year even better. A decision to focus on finding your first or a new home can be turned into some great resolutions. Purchasing a home is an investment in yourself and your future and is worthy of your time and energy in January and beyond. Here are a few sample resolutions to help you start off 2016 on the right foot.
- Get Your Finances into Shape
Whether it’s understanding your credit score, setting (and sticking to) a monthly budget, picking up some extra work to boost your down payment savings, or keeping a daily diary of everything you spend to better understand financial landmines, these are all great ways to save in 2016.
- Be More Open Minded
Maybe you’re exploring new neighbourhoods, types of mortgages, or types of homes this year. By exposing yourself to different things, areas and ideas you’ll have a better idea of the right fit for you.
- Tone up Your Real Estate Knowledge
By adding a little bit of reading about real estate, mortgages, and your own personal needs you can ensure that you are informed about all of the decisions you make this year. You can attend a real estate course, subscribe to informative newsletters, or follow some expert blogs on the real estate market in your area of choice to gain knowledge on an ongoing basis.
- Expand Your Network
Get out and meet the right people who can help you find your new home and make sure it’s the right fit for you. By finding the right real estate agent, mortgage broker, or home inspector, you’ll have a crack team of experts to assist in your decision making process.
Is 2016 going to be the year you start investing in your new home?