Buying a Home

4 Tips for Buying a Home in 2021

We know that buying a house is a very important investment, so we recommend you read these tips before you take the big step.

Joy, fear, satisfaction, stress and excitement. We know that encouraging yourself to buy a home can become a roller coaster of sensations, so we leave you a couple of tips to make the process easier.

1. Calculate your budget

Being aware of your finances is essential to avoid overspending or going into debt for a property that you cannot afford. Analyze how much money you earn, how much you spend and how much you can save, some experts recommend allocating 30% of your income to savings.

Tips to grow your savings? Avoid expensive trips and impulse purchases, choose to use public transport and do not wastewater, energy and gas. The little actions you take as a daily routine will make all the difference.

2. Think ahead

Most people who decide to buy a home take out a loan with a bank or financial institution, which usually finance about 70% of the property.

While you may have saved enough money for a good down payment, you have to keep in mind that the more expensive the property, the higher the monthly payments. That is why you must keep accounts of the money that you can allocate from your income to the monthly payment of your credit.

To calculate the amount, take your monthly salary and subtract from it what you spend on utilities, groceries, transportation, entertainment, and other expenses you may have. The result will be an approximate value that you can invest in buying a property.

3. Identify what you need

One of the most important points in the process of buying a property is clearly knowing what you need.

-If you will live alone or do not have plans to start a family soon, it is advisable to opt for a one-bedroom apartment, a study or loft. If, on the other hand, you are looking for a family home, the ideal is an apartment or house with two or three bedrooms.

-If you have a car, it may not be so important to live close to work, but if not, we recommend looking for a house near the office or in an area that has transport routes that facilitate mobility.

-Identify the type of area you are looking for, if you want it to be residential or close to places that your family frequents, such as schools or universities, supermarkets, hospitals, parks or shopping centres

4. it’s time to search!

The search may take time. However, we recommend that you do not stress or rush so that you can find the best option for you.

It is important that you are informed of the credits that the banks handle, the interest rates, the payment methods, the necessary documentation and some extra expenses such as deed procedures and notarial expenses.

The process of buying a property can be complicated, that is why at La Haus we offer you the widest range of housing, advice and support completely free. Our specialists are available to answer your questions and help you find your ideal home. Let’s start this adventure together!

4 Tips for Buying a Home in 2021

We know that buying a house is a very important investment, so we recommend you read these tips before you take the big step.

Joy, fear, satisfaction, stress and excitement. We know that encouraging yourself to buy a home can become a roller coaster of sensations, so we leave you a couple of tips to make the process easier.

1. Calculate your budget

Being aware of your finances is essential to avoid overspending or going into debt for a property that you cannot afford. Analyze how much money you earn, how much you spend and how much you can save, some experts recommend allocating 30% of your income to savings.

Tips to grow your savings? Avoid expensive trips and impulse purchases, choose to use public transport and do not wastewater, energy and gas. The little actions you take as a daily routine will make all the difference.

2. Think ahead

Most people who decide to buy a home take out a loan with a bank or financial institution, which usually finance about 70% of the property.

While you may have saved enough money for a good down payment, you have to keep in mind that the more expensive the property, the higher the monthly payments. That is why you must keep accounts of the money that you can allocate from your income to the monthly payment of your credit.

To calculate the amount, take your monthly salary and subtract from it what you spend on utilities, groceries, transportation, entertainment, and other expenses you may have. The result will be an approximate value that you can invest in buying a property.

3. Identify what you need

One of the most important points in the process of buying a property is clearly knowing what you need.

-If you will live alone or do not have plans to start a family soon, it is advisable to opt for a one-bedroom apartment, a study or loft. If, on the other hand, you are looking for a family home, the ideal is an apartment or house with two or three bedrooms.

-If you have a car, it may not be so important to live close to work, but if not, we recommend looking for a house near the office or in an area that has transport routes that facilitate mobility.

-Identify the type of area you are looking for, if you want it to be residential or close to places that your family frequents, such as schools or universities, supermarkets, hospitals, parks or shopping centres

4. it’s time to search!

The search may take time. However, we recommend that you do not stress or rush so that you can find the best option for you.

It is important that you are informed of the credits that the banks handle, the interest rates, the payment methods, the necessary documentation and some extra expenses such as deed procedures and notarial expenses.

The process of buying a property can be complicated, that is why at La Haus we offer you the widest range of housing, advice and support completely free. Our specialists are available to answer your questions and help you find your ideal home. Let’s start this adventure together!

 

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