If you’re planning on starting a family, or expanding your current family, chances are you’re due for a home upgrade. Perhaps you need a second bedroom, a backyard for the kids to run around or just an overall bigger space. Even if you’re not quite ready to buy, it’s a good idea to start thinking about what you want out of your future home. It’s also a good idea to start looking sooner than later.
This is where a Realtor can help. A Real Estate Agent can help guide you through the entire buying process from start to finish. They can help you guide you to which type of home, neighborhood, and property features are best for you and your family. They can even set you up with a customized search; any time a property matches your criteria, you can view it in person to see if it fits your family’s needs. The more properties you see, the better feel you’ll get for what’s out there.
Basically, if you can avoid waiting until the last minute then you won’t feel rushed or pressured into a property that doesn’t work for you and your family. And when you’re finally ready to make an offer, you will feel confident in your decision knowing that you already shopped the market.
You’ll also want to think about your budget and finances (especially if you’re planning on going on maternity leave). One question that we get asked all the time is – “Can I qualify for a mortgage while I’m on maternity leave?”. The short answer is – yes you can! However, it’s important to budget and plan ahead of time. This is where a Mortgage broker can help you plan. They will put together a financial plan for you by asking some important questions. I.e. What will your financial situation be like while on maternity leave? Do you plan on going back to work? If so, when? And are you going to be on reduced hours when you’re working again?
The more you understand your finances, the more you will know what to expect. And the more you know what to expect, the better you’ll be able to plan. You will also feel much more at ease – if the financial part of your conversation is already taken care of, then you’ll reduce your stress and will be able to focus on your pregnancy.
So, if you’re planning on having a family in the near future and are looking for a new home, reach out to me. I’ve helped many families find their dream home, and would love to help yours as well.