Mike Herring, Broker Associate, Panama City Beach, FL

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20 Questions Homebuyers Should Ask Themselves

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buyersWhen you start the home buying process for the first time, you will generally start with a “wish list.” You generally add everything you could possibly include in your dream home. Many experienced real estate agents usually find some inconsistencies in these wish lists. For example, you want a home close to the city but in a safe, suburban area. Or possibly you want an old Victorian home with new amenities, but your budget may not include extra funds to update anything in the home.

It’s important to be honest with yourself about what you really need, what you want, and what you can honestly afford. Sometimes it can be difficult to decipher between wants and needs. Here are 20 questions to ask yourself when looking for your first home.

1. What can I truly afford? Have I set my budget?

2. How many bedrooms do I need? How many children do I currently have, and how many more do I plan on having?

3. Do I need a basement or an attic?

4. How close to work do I need to be? Do I hate driving in traffic? Do I use public transportation frequently?

5. Do I want to care for a yard and/or garden or do I want a maintenance-free yard?

6. Do I have frequent guests? Will I need an extra guestroom or bathroom?

7. Do I want a special playroom or area for my kids?

8. Will my children walk to school, take a bus, or will I have to drive them?

9. Do I need a garage? Will a covered parking space suffice?

10. How far away is the closest grocery store?

11. What is my favorite form of recreation and how far do I have to travel to do it?

12. How far away do my extended family and close friends live? Do I want to be near them?

13. How much work am I willing to put into the home? Do I have the time?

14. How much money do I have in my budget for the utilities and extra amenities?

15. What kind of floor plan do I want?

16. Do I want to live in a new neighborhood or an established one?

17. How much storage will I need?

18. How far away is my house of worship?

19. What is the crime rate and history of the neighborhood?

20. Do I own a boat, RV, ATV, snowmobile, camper, etc. and have easy access to locations to use these?

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