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Many potential homebuyers may feel overwhelmed once they begin touring open houses. While a particularly well-staged home may seem perfect, it may not offer exactly what an individual is looking for. As such, it is essential that those looking to buy a home make a checklist of real estate wants and needs before they begin touring available properties, according to the First Time Homebuyer Blog.
It is advisable that consumers make a rough outline of things they absolutely need so they can more readily identify the open house extras that drive up price without being necessary, the source explains. For example, buyers should narrow down their desired location and determine how large their home should be. While growing families may want extra bedrooms, empty nesters or singles would be better suited to smaller homes.
The U.S. Department of Housing and Urban Development also recommends separating checklists by importance. Lists should be divided according to “must haves” and “would like to haves.” Buyers should then determine their price range, compare it to their lists and adjust accordingly.
Additionally, individuals may want to take copies of their finalized lists along with them to open houses. They can check items off as they go and make notes, which could help them to make buying decisions in the future.