Everyone has an idea of their dream home, whether it involves a beautiful landscape, an en-suite bathroom or a wine cellar, but that does not mean that your dream vision will be available or suit your family needs. You need to consider the budget that you have and the type of needs your family have before you settle on viewing houses. This will cut down your time searching and gain a higher chance of gaining the perfect property.
House decoration [ตกแต่งบ้าน, which is the term in Thai] also plays a vital role and you should keep an eye on your budget when going for house decoration. There is no end to spending when going for house decoration and thus going starting and spending wisely is always a great idea. Check online for the tips how you can decorate your dream house in the best manner that too within budget or you can take the help of home decorators who can do the job within your budget.
Here are some important factors to consider when planning to buy your dream house:
Your Financial Capabilities
You will need to have a deposit saved for a home and that needs to be at least 10% – although most lenders prefer 20%. The more you save up, the less you will need to borrow and the more chance you have of being approved for a larger amount. It will help increase the amount of homes that you can look into and increase the potential of finding your dream home.
Be truthful about the amount that you can afford each month. Budget your money and avoid overspending for the sake of a nicer house – you risk having to default on your loan and losing your house completely.
Think About Your Family Size Needs
While you want a five bedroom house, does your family really need that? What will you use each of the rooms for and would they end up going to waste? The amount of rooms you opt for will determine the value of the home and the amount you spend each month paying off the home loan. If you are tight on budget, only opt for the number of rooms that your family needs; you can upgrade at a later date if you find it is financially available.
A House vs. An Apartment
There are different types of properties available. Will you be better searching for a five bedroom house or a two bedroom apartment? This will depend on your needs for your family. If you have a small family – maybe there is just the two of you – an apartment may be the best option as it will save you money.
It is also important to think about stairs and mobility issues. Apartments are all on one level but you may end up with a top floor apartment. Is there access via an elevator should you struggle with your mobility at a later date? Top floors are often quieter and you do not need to worry about the sound from someone above but they cause havoc when moving furniture into the property.
The Location of the Home
You want a location that has a low crime rate and friendly neighbors. Smaller areas are great for this but it is always important to do your research. Find out more about the potential village or city that you will live in to make sure that it is suitable for your family needs.
You need to consider the local schools, the commute to work that you may have and the amenities close by. Do they offer everything that you want for your children and yourself? Is there an area more suitable for your needs?
Take your time when searching for your dream home. You may need to make sacrifices to suit financial needs so it may be worth taking longer to save up. Consider your family needs before searching to make sure your dream home is the perfect option.