Buying your first home is said to be one of the top three most stressful activities you can engage in, the other two being becoming a parent and getting married.
The process of buying a house these days is exceedingly and, one would argue, unnecessarily complicated, and as a result, the whole process can feel incredibly daunting and can even cause anxiety issues.
With that being said, before you sign on the proverbial dotted line, continue reading to discover the top five things you have to know before purchasing a new home.
Always Buy from a Respected & Established Builder
If you are intending to purchase a new build, it is absolutely crucial that you do some extensive research on the background and previous successful sites of the housing builder.
Professional, established, and reputable companies, such as Architerra Homes, will guide you through the entire buying process, and their expert sale agents will ensure you choose the perfect home to fit yourself, your lifestyle, and the rest of your family.
Always Consider Furnishings in the Final Price
Whether or not you are purchasing a home that is furnished or not, the fact remains that you will naturally want to furnish and decorate it to suit your own personal tastes.
It is therefore pertinent to point out that you must allow for extra costs you will inevitably incur when you either redecorate someone else’s home that you are now making your own or purchasing a new-build that you need to furnish entirely.
Always Hold Some Money Back for Maintenance
Obviously, if you are lucky enough to be buying a brand-new house, it is unlikely (so we hope) that there will be any element of the foundations or interior that will require maintenance in the near future.
However, if you are buying an older home, it is vital to not only have the boiler and other utilities serviced thoroughly before signing the contract but to also move into the home with a fair amount saved for any inevitable maintenance and housekeeping costs.
Always Research Home Insurance Providers
There are a wide plethora of companies out there that will profess to provide absolutely everything you need in the home insurance plans they offer.
Sadly, however, but not surprisingly, when it comes to paying out after an incident, some insurance companies will do everything they can to find a loophole. The main elements of a quality home insurance policy that you must ensure your own policy includes are:
- Accidental damage cover
- Landlord insurance
- Home emergency cover
- Holiday home insurance
- Buildings insurance
- Contents insurance
Moving to a new home is an incredibly exciting time, and with the long list of chores to complete before moving day, there is a temptation to hold off packing your belongings to the last minute, which you will certainly wholeheartedly regret.