Wants vs. Needs
Posted by Ken Richter on
Congratulations, you have decided to purchase a home! Whether you are planning on purchasing the property for personal use or as a rental/investment property, there is a lot to consider. You may feel overwhelmed as you begin to consider all that goes into purchasing a home: finding a real estate agent, getting a mortgage pre-approved, dealing with your existing property (or properties), etc. Take a deep breath.
The first thing you need to figure out is what your wants are, versus what are you needs when it comes to your new property. Here is what to do:
Make a list with two columns. One column will be for your wants, the other for your needs.
Address the wants column first. After all, this is where you get to have fun! Your wants list may…
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