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1.29.2012

Leaping Into A New Home



My husband and I bought our home six years ago. The market was good back then and we thought it would be the perfect starter home for us. Fast forward to six years later and we have simply outgrown our house. The rooms are small, the closets are small, everything is small! There is barely enough room for us, let alone our future children! It is time to start the process of selling our current house and finding a new one. 

We want our next home to be the one that we raise our children in. We want it to be the home where our children will make their memories. It is not going to be easy. In fact, it will probably be frustrating. But in the end, we know it will be worth it!

Here is what we need to do to accomplish our goal of being in a new home in 2012.
  1. Save up 20% to put down on a new home. Saving money in this economy is not easy. But my husband and I agree that we would like be able to put 20% down on our new home.
  2. Get our current home ready for buyers. There are a few updates that we need to do before we can put our house on the market. We need a new kitchen floor and we need to update the bathroom. I know that making these two updates will make our home much more desirable to buyers.
  3. Sell our current home. This will not be easy! The housing market is still very bad in our area. If we have to take lower than asking price, I hope we can break even by getting a better deal on the new home.
  4. Find our new home. We need to make sure that the new home is bigger, priced right and in a good school district. Easier said than done? Probably. But the fact that the housing market is so bad could be in our favor when we look for our new home!
  5. Move in! Hopefully our new home will be move in ready, but we need to be prepared in case we need to do some work on the new home before we move in.

So, if we follow these steps, we should be "Leaping Into A New Home" by the end of the year!

What will the "Next Big Leap" be in your life? 


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