Is It Time To Buy A New Home?

buying-a-new-home-2Have you started to browse through real estate listings in the area, dreaming of the day you can move into a new home? The day could be here already! If you’re wondering whether it’s time to buy a new home, look for these signs that indicate you’re ready to move on to bigger and better things:

You’re out of storage space.

How do the closets in your home look? If they’re maxed out and every inch of space is being used by towels, linens and kids’ toys, it could be a sign that you’re ready to move into a new home. Before you make the leap, try to go through your belongings and get rid of everything that you don’t need. If you find that you’re still out of storage space after you’ve thrown out all the clutter, then it’s time to start looking for a new house with more space for you and your family.

You want more kids.

When you bought your first home, you could have been under the impression you were only going to have one child. But, now you want a second child, and you’re completely out of space. If you need more bedrooms or more space in general to accommodate another member of the family, this is a definite sign you should look for another home.

The neighborhood is on the decline.

Perhaps the neighborhood you moved into was on the rise a few years ago, but something happened that really set it back. Now as you look around, you notice your neighbors are beginning to move out, homes are going into foreclosure, and no new retailers or restaurants are moving into the neighborhood. These are all signs that your neighborhood could be on the decline. If you don’t sell now, your home’s value could plummet within just a few months.

You got a new job.

The home that you’re in now could be just a few minutes away from your current job, but wait! Maybe you were just offered a new job with a much higher salary, but the only problem is it’s all the way across town. If you can afford to, start to look for homes around your new job so you don’t have to commute for hours everyday just to get to work.

You’ve got the money.

The most important factor to look at when you’re considering whether or not to buy a new home is if you have the money to make the move. Take a close look at your financials to determine how much you can sacrifice for a down payment on a new home. If you can’t afford it right now, don’t get discouraged. Cut back on your expenses for the next six months to a year, and within no time, you’ll have a little bit more that you can set aside for a down payment.

Before you begin to look for a new house, you have to find a real estate agent to assist you with your search. Contact our team of real estate experts at Coast 2 Coast Realty who have years of experience listing and selling homes in the Tampa area.

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