Home buying varies between men and women.
If you have gone into the home buying process with your spouse, it is probably safe to say the both of you approached the home buying process a bit differently than the other.
Home buying differences are more pronounced between the sexes. In fact, a new study, by Countrywide Home Loans, found that men and women are on opposite ends of the spectrum when it comes to how much time they put into finding a new home.
The nationwide survey of 219 adults, who own their homes, found that 43 percent of women surveyed spend less time shopping for their new home. Conversely, 23 percent of men spend too much time searching for homes.
While men and women approach home buying differently, they have the same goals in mind when it comes to enhancing the way they go about the process.
According to the survey by Countrywide, men and women said they would improve the following when home buying in the future:
– 25 percent would save more money for a down payment and closing costs.
– 25 percent would try to learn more about the home-buying process before they begin negotiations.
– 22 percent would purchase a new house instead of an older home.
– 21 percent would buy a home in a different neighborhood.
It is very important for men and women to weigh their options while understanding the pros and cons of their large purchase. Home buying is one of the biggest decisions you’ll make in your life so you want to make sure it is planned out carefully.
Here are four additional things to consider when home buying:
1.) How much can you afford? Proper planning and discipline will make your dream of owning a home a reality; and set a realistic price range for your home.
2.) Describe your desires. Once you have a good idea of how much you can afford, prioritize the most important home features — cabinetry, flooring, etc.
3.) Search thoroughly.
Now that you know how much you can afford and what you want, it’s time to go shopping. Call The Lawhead Team so they can help you evaluate the details of home buying.