Foreclosures Book

considerable amount of time. Besides the obvious needs, such as a good, solid roof, a strong foundation and structure, and working systems, you’ll need to think about: ; ; Location ; ; Minimum number of bedrooms ; ; Minimum number of bathrooms ; ; Finished and/or furnished basement ; ; Garage ; ; Stairs/levels ; ; Yard (size, fenced-in, etc.), especially applicable to families with young children and/or pets ; ; Patio or deck KNOWWHAT YOUWANT Next, make a list of the items that you would like to have in your home, but you could live without or change down the road (your wants). How do you know if something you want isn’t a need? One way is to think of wants or desires as features that make the home more attractive or enjoyable. Upgraded gourmet kitchen, walk-in closets, and master bedroom suites are generally considered wants (but to each their own). Consider also that one buyer’s need could be another buyer’s want. You need to focus on, and write down, what’s true for you and your situation. Perhaps you aren’t a fan of the home’s outdated or ugly countertops, and you were hoping for granite countertops, but everything else about the home is just right. You could install granite countertops yourself or hire someone else to do the job for you, and for a reasonable price.

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