As people who regularly entertain guests and host parties both for ourselves and friends alike we envisioned a home containing a larger than life living room and den as well as five bedrooms and four bathrooms. This of course was what we where originally shooting for but as we began to look at homes that offered such amenities we found that these homes pushed our budget to the limit, and in some cases a bit over budget.
When one thinks of the purchase of their first home, this person will often have a preconceived notion as to exactly what they want and what they’ll get when it comes to a first home. As I recently discovered both my wife and I had the same misconceptions about our first home that many other first time buyers have. When our budget and reality hit us hard in our heads we had to take a step back and reevaluate things. It was initially a hard pill to swallow but we realized rather quickly that some compromises would have to be made.
As people who regularly entertain guests and host parties both for ourselves and friends alike we envisioned a home containing a larger than life living room and den as well as five bedrooms and four bathrooms. This of course was what we where originally shooting for but as we began to look at homes that offered such amenities we found that these homes pushed our budget to the limit, and in some cases a bit over budget.
As time passed and we had seen our fair of houses for sale, we sat down and made some sacrifices so that we would be able to buy a nice home and make it our own. It was after this moment that we began looking at fixer-uppers. Surprisingly we saw homes that, quite frankly we couldn’t believe where being sold so cheap. Finding such homes brought a new level of excitement to our first house hunt as we relished in the prospect of taking an older home and making it our own.
After a somewhat exhaustive search we were finally able to narrow our choices down to two homes. The first was a bit more expensive however the residential lighting already present within the home and its back yard where very moody and struck me as a great place for our get-together’s and parties, be them businesses or otherwise. The second home was far more affordable but was really lacking in vibe and color and so the choice became apparent to the both of us during dinner following the showing of both homes.
We went with the first of our two choices mainly for its lighting and for the unique design the house brought to the table. We have been steadily making improvements to our new home over the last four months and can honestly say that at first the thought of any type of compromise was a huge turn off however I am now glad that some sacrifices where made. It has allowed us to mold a home to our liking.
Home Threats: Termites and Mold
One of the more serious issues that can occur in a home is mold. Homeowners who are aware of such a problem are wise to address it immediately though there are a large number of owners who don’t know that their home has mold growing within their homes walls.
A Good Time To Buy Santa Monica Real Estate
It’s been said many times during this, the most recent housing crisis, that it’s a buyers market. This has never been truer and both families looking for a home and investors have an excellent chance at not only finding a home at a great price but banks that are willing to be more flexible with loans as well.
Where To Invest In Real Estate
Currently the majority of investors are flocking to a few principal locations of which, Florida and California are two. Within Florida investors are finding that in communities such as Boca Raton prices have been radically reduced on some extravagant homes. Boca Raton real estate presents investors with the type of opportunity they long for as upscale homes in luxurious communities often rise in value sharply especially when the real estate market is in a state of recovery.
