Realistic Real Estate Budgeting

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This is a great video from The Marilyn Denis show outlining the 5 best tips for creating a realistic house wish list while keeping to your budget.

“Real Estate Reality Check:

Real Estate expert, Sarah Daniels, shares her top 5 tips for creating a home-buying wishlist that will help keep your expectations realistic, and your budget on track!

1) MAKE A LIST YOUR TOP 10 NEEDS – NOT YOUR TOP 10 WANTS
In Today’s world, we are seeing more and more people with a “wants” list, rather than a “needs” list. Take a step back, and make a list of your top 10 needs.

If you can find a property with at least 7 out of 10 of those needs, you’re doing great!

2) THINK OUTSIDE THE BOX!
You might have an exact idea of what you’re looking for in your dream home, and sometimes that exact idea can hold you back.
Try thinking outside the box – sometimes looking just outside of your preferred neighbourhood, looking at a townhouse instead of detached, or a condo instead of a house could have a huge payoff!…”

To read the rest, please click here.

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