{"id":4103,"date":"2022-04-04T05:00:16","date_gmt":"2022-04-04T10:00:16","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/balancing-your-wants-and-needs-as-a-homebuyer-today\/"},"modified":"2022-04-04T05:00:16","modified_gmt":"2022-04-04T10:00:16","slug":"balancing-your-wants-and-needs-as-a-homebuyer-today","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/balancing-your-wants-and-needs-as-a-homebuyer-today\/","title":{"rendered":"Balancing Your Wants and Needs as a Homebuyer Today"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/04\/01125601\/20220404-KCM-Share-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Balancing Your Wants and Needs as a Homebuyer Today | Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>Since the <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/04\/supply-and-demand-in-todays-market-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">number of homes<\/a> for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/16\/are-you-wondering-if-this-is-the-year-to-buy-a-home\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">home<\/a> that fits your needs.<span id=\"more-46267\"><\/span><\/p>\n<p>Danielle Hale, Chief Economist for <em>realtor.com<\/em>, explains it like <a href=\"https:\/\/www-cnbc-com.cdn.ampproject.org\/c\/s\/www.cnbc.com\/amp\/2022\/02\/26\/what-to-do-before-you-buy-a-home.html\" target=\"_blank\" rel=\"nofollow noopener\">this<\/a>:<\/p>\n<blockquote>\n<p><em>\u201cFocus on the goal you set out for yourself, like your list of <strong>must-haves and nice-to-haves and your budget,<\/strong> . . . Stick to that. Be persistent.\u201d<\/em><\/p>\n<\/blockquote>\n<p>So how do you go about creating your list of desired features? The first step is to get <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/01\/24\/why-pre-approval-is-key-for-homebuyers-in-2022\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">pre-approved<\/a> for your mortgage. Pre-approval helps you better understand your budget, and that plays an important role in how you\u2019ll craft your list. After all, you don\u2019t want to fall in love with a home that\u2019s too far out of reach.<\/p>\n<p>Once you have a good grasp of your budget, you can begin to list all the features of a home you would like. Here\u2019s a great way to think about them before you begin:<\/p>\n<ul>\n<li><strong>Must-Haves<\/strong> \u2013 If a house doesn\u2019t have these features, it won\u2019t work for you and your lifestyle (examples: distance from work or loved ones, number of bedrooms\/bathrooms, etc.).<\/li>\n<li><strong>Nice-To-Haves<\/strong> \u2013 These are features that you\u2019d love to have but can live without. Nice-To-Haves aren\u2019t dealbreakers, but if you find a home that hits all the must-haves and some of the these, it\u2019s a contender (examples: a second home office, garage, etc.).<\/li>\n<li><strong>Dream<\/strong> <strong>State<\/strong>\u2013 This is where you can really think big. Again, these aren\u2019t features you\u2019ll need, but if you find a home in your budget that has all the must-haves, most of the nice-to-haves, and any of these, it\u2019s a clear winner (examples: farmhouse sink, multiple walk-in closets, etc.).<\/li>\n<\/ul>\n<p>Finally, once you\u2019ve created your list and categorized it in a way that works for you, discuss it with your <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/01\/an-expert-advisor-will-give-you-the-best-advice-in-todays-market\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">real estate advisor<\/a>. They\u2019ll be able to help you refine the list further, coach you through the best way to stick to it, and find a home in your area that meets <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/22\/the-many-benefits-of-homeownership\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">your needs<\/a>.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>Crafting your home search checklist may seem like a small task, but it can save you time and money. It\u2019s also one of the keys to being successful in today\u2019s competitive market. Let\u2019s connect so we can work together to find a home that fits your wants and needs.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4104,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-4103","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Balancing Your Wants and Needs as a Homebuyer Today&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/balancing-your-wants-and-needs-as-a-homebuyer-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Balancing Your Wants and Needs as a Homebuyer Today&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. 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