Six Tips for Finding Homes for Sale in Bryan When It Is Your First One
Buying your very first home can be both exciting and challenging. You feel a surge of excitement because you can finally call something your own but finding a reasonable place to live can be the challenging part. Whether this purchase is for you or you and someone else, you always want to make sure you are spending your money wisely. Here are nine tips to help you feel less confused and stressed and surer of the process.
1) You need to know your limits when it comes to homes for sale in Bryan. You do not want to spend too little on something that is not going to last. However, you also do not want to overspend on something that you are going to regret later. You might be spending a $100 extra every month, but that adds up to more than $1200 a year. You are overspending when you do not need to.
Would you prefer to spend the extra $100 a month or take that vacation you have been dreaming about? The choice is yours, but make sure that you can live with what you spend your money on. You probably will be paying 25030% of your gross income. That may or may not include the utilities. What about your other debt? You need to include that as well. You are not off the hook for your other debts just because you bought your first house.
"You do not realize how short the month really is until you start paying rent."
2) Money is not and should not be the only deciding factor. A good rule of thumb is to search for something that is a little plain but sits in a beautiful area. Do you plan on owning a car? You might want to consider a nice neighborhood that way you can walk to wherever you need to go. You need an area that is "walkable" and "safe." Google has crime maps you can look at.
Orlando, Florida is a great example of what I am talking about. I live 40 minutes away from Orlando. The homes are beautiful and nice, but the crime rate in that area is astonishing.
3) Creating a budget is not as hard as you may think. Do you really want to spend your weekends doing that? Create a plan for your homes for sale in Bryan that mirrors the 50/30/20 rule. The 50 % is for the fixed expenses. Those expenses are not going to change within a given month. They include things like rent, utilities, credit card debt, car loans, school loans, and other things of that nature.
The 30% is for the expenses that vary including items like food, gas, and other such variables. You can also include your savings in this section too. I suggest you start saving money if you can afford to do it. You never know when something is going to come up.
The final 20% is for the fun stuff including things like clothes, movies, eating out, ordering in, and other things of that nature. You might see months where you fall short of what you want. Remember to do your best. This is always going to be a work in progress. It is for all of us.
Word of Caution
I urge you to think rationally when it comes to your spending habits. Your life is going to change when you buy your first home in Bryan. You might be spending fewer days eating out at expensive places. Think about what you need and not what you want. Sometimes the two are not mutually exclusive.
"Rent always comes first. The rest is just gravy."
4) Try to lower your bills as much as you can. You might be surprised at what you can negotiate if you are in good standing with the company. You can call. Tell them what is going on and see what happens. Not every bill collector is out to get you. Just be honest with them.
5) Do you have some money left over from shopping for your homes for sale in Bryan? Why not treat yourself to something special? Go online to a discount store and buy yourself a little happy. You can find some pretty great things, you just need to know where to look.
Word of Caution
Do not get too crazy though. Remember, any money you have left over from the sale has to last. I suggest trying to get a little perspective before rushing to spend that mad money. Spend some time in your new place first. Get used to your new surroundings. You can start spending once you have done that. Spending a few nights alone in your new place can really open your eyes. It helps to reduce any unnecessary spending you might be itching to do. You might need to spend that money on some new bathroom curtains instead of that new top you want.
6) Eating is a good thing. Spend some money on things you need for the kitchen. Take an inventory of what you have versus what you need. Make a list and start saving some money. You might need to reduce the times you eat out, but that new pressure cooker is going to be worth it. Think of the money you can save by eating at home most of the time.
The home is where the heart is. Make your new home in Bryan the best it can be. You may need to make some sacrifices along the way, but it is going to be worth it when you see what your new home can become.