Four Types of Homebuyers

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If I were asked to name the chief benefit of the house, I should say: the house shelters daydreaming, the house protects the dreamer, the house allows one to dream in peace. ~Gaston Bachelard

When it comes to choosing a home, the options are limitless. And with today’s booming real estate market with various developers erecting condominiums and housing projects in every nook and cranny of the country, marking one as your ideal spot of residence can be rather confusing and a tad bit exhausting. However, choosing a home is akin to a lifetime commitment (a marriage if you may) that it should be a choice you are willing to live with for quite a while or even a lifetime. Making a decision as big as this one makes no room for errors which is why it can be a bit daunting even to begin. After all, saving a lot of your earnings for your first home down payment is no easy feat.

However, it would greatly help if you had an introspective view of the kind of homebuyer you are. Do you see yourself buying a bungalow house in a hilly settings in Nuvali perhaps, or do you feel like a condo for sale in Cebu is more to your favor? Knowing these stuff would help you narrow down your options and make a better selection. Before forking over your lifetime savings for a home, conduct a self-assessment and see which home would work best for you.

1.) MOVE-IN READY

These are the types of homebuyers who have everything packed and everything stowed away and can move in at short notice. This kind of homebuyer does not want to wait around for a home to be built from the ground; they want their homes erected and ready-made. In other words, ready for occupancy.

If you think you are this kind of homebuyer, it might be best if you check out properties which are fully-furnished so that you would not have to fill your new home with furniture (or ship some of yours). A good tip is to have a list of must-haves in your new home in advance so that you would know what exactly to look for in your search.

2.) TINY HOUSE HUNTER

To these homebuyers, less is more in almost every aspect of their life. They could survive with adequate space and would not want to spend so much money just on space alone. They would rather have a small home filled only with their necessities.

For this kind of homebuyers, a studio-type condo unit is ideal as it would have everything you need in just one room.

3.) LIFE-TIME BUYER

These homebuyers are not looking for a starter home as they are certainly way past that. They are looking for a place where they can truly settle down for a lifetime. The type of home they are looking for is very family-oriented and where they can see growing a family, rearing kids and fostering good memories.

If you think that you are this kind of buyer, your best tack is to check for properties in proximity to business hubs, schools, and even entertainment districts. If you feel that the city is a tad bit too congested, venture further and try to find the perfect spot that strikes a balance between work and play that you are searching for.

4.) FIXER-UPPER ENTHUSIAST

These homebuyers are natural-born tinkerers. They are not averse to buying properties that are beaten down or may seem a little bit on the old side. To them, it is an opportunity for their creative and artistic expression–a challenge if you may.

If you think that you are this kind of homebuyer and that home that needs redecoration, improvement or repair are things that fascinate you, then try checking out some foreclosed properties in your location of choice.

 

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