01/29/2024
It's always about THE DREAM HOME 🏡
But what if it's not?
It's one of the most overused phrases on House Hunters. "I'm looking for my dream home."
But dreams change, life happens, and needs shift. And sometimes, we just can't afford our "dream home." So then what?
We put so much pressure on ourselves to find our dream home that we forget to look for the "right for me now" home.
So what could that look like?
Maybe it means buying down instead of buying up. For example, buy a 2 unit rental home instead of a single family home and live on one side and rent out the other.
Or simply buy a smaller home. It may *feel* like you're buying "less house," but sometimes living in a home that requires less maintenance is a gift. You'll have less square footage to clean, less to maintain, and hey, maybe you could *actually* afford the neighborhood you've always dreamed of (even if your new home is smaller than your current home!)
Another option that I've talked to a lot of clients about lately (and am considering myself 😊) is keeping their current home and mortgage (if they're locked in at a low rate!) to save up to purchase a new primary home! Your home with the lower rate could become a rental property and could even help offset the costs of your new mortgage!
If you're a RENTER, buying a "right for me now" home is the perfect step into Real Estate. Remember that paying rent is like paying 100% interest. Wouldn't you rather be paying potentially the same payment but building wealth for yourself instead of your landlord?
Bottom line: sometimes we need to stop watching House Hunters and Selling Sunset and get creative with our options. When you think more about a "right for me now" home and less about a "dream home," you have so much more buying power and freedom to live the life you've been wanting! Your "right for me now" home will lead to your "dream home" I promise!
If any of this is making your heart race because you're like, "KAYLEEN, I want to do this!!" then DM me! We can set up a coffee date and have a long talk all about YOU and your goals and come up with a creative plan to get you there!