Blog Stories 5 Tips for Starting Your Home Search

5 Tips for Starting Your Home Search

By Chad Brackett, October 23, 2019

In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor.com’s article“How to Find Your Dream Home—Without Losing Your Mind.”

  1. Get Pre-Approved for a Mortgage Before You Start Your Search

One way to show you’re serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage. Even if you’re in a market that is not as competitive, understanding your budget will give you the confidence of knowing whether or not your dream home is within your reach. This will help you avoid the disappointment of falling in love with a home well outside your price range.

  1. Know the Difference Between Your ‘Must-Haves’ and ‘Would-Like-To-Haves’

Do you really need that farmhouse sink in the kitchen to be happy with your home choice? Would a two-car garage be a convenience or a necessity? Before you start your search, list all the features of a home you would like. Qualify them as ‘must-haves’‘should-haves’, or ‘absolute-wish list’ items. This will help you stay focused on what’s most important.

  1. Research and Choose a Neighborhood Where You Want to Live

Every neighborhood has a unique charm. Before you commit to a home-based solely on the house itself, take a test-drive of the area. Make sure it meets your needs for “amenities, commute, school district, etc. and then spend a weekend exploring before you commit.”

  1. Pick a House Style You Love and Stick to It

Evaluate your family’s needs and settle on a style of home that will best serve those needs. Just because you’ve narrowed your search to a zip code doesn’t mean you need to tour every listing in that vicinity. An example from the article says, “if you have several younger kids and don’t want your bedroom on a different level, steer clear of Cape Cod–style homes, which typically feature two or more bedrooms on the upper level and the master on the main.”

  1. Document Your Home Visits

Once you start touring homes, the features of each individual home will start to blur together. The article suggests keeping your camera handy and making notes on the listing sheet to document what you love and don’t love about each property you visit.

Bottom Line

In a high-paced, competitive environment, any advantage you can give yourself will help you on your path to buying your dream home.

Chad Brackett

Principal Broker | ADU Specialist | OR & WA

He/Him

Movin' and shakin'... Do you need to buy?  Do you need to sell?  Is moving in your future?  Then let’s talk.  Chad is a Principal Broker, licensed in both Oregon and Washington.  Chad's career has afforded him the opportunity to live in 13 different states across the United States while buying and selling more than 15 homes and investment properties including most recently in the Piedmont neighborhood in Portland.  Originally from a suburb of the Atlanta, Georgia, Chad moved to Portland in 2017 after spending two years in the Bay Area where he started his real estate career.  Chad is a Northwestern at heart.  “I love everything about Portland.  The people, the topography and climate, it is the best place I have live.  From the mountains to the coast, there is just so much for my family to do.”  Chad understands first-hand the challenges with not only buying and selling homes but also understands how to help anyone navigate the moving process.  His previous experiences will be an invaluable resource to you throughout your real estate transaction.  Chad is committed to quality, integrity, professionalism and excellent service when you enlist his services. Prior to beginning his real estate career, Chad had a successful 30-year retail career in sales and operational support for divisions of large organizations like L'Oreal and Limited Brands amongst others. Chad is extremely detail oriented and will utilize his strategic planning, analysis and innovative approach to ensure that you are completely informed throughout the real estate transaction and achieve your desired goals.  He has provided support, training and leadership to thousands of employees and has been a key contributor for hundreds of millions in annual sales volume. If a commitment to service and being the #1 priority is important to you, then contact Chad.
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  • T: 503-389-0685
  • F: 503-961-8224
  • chadbrackett@livingroomre.com

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