Are you planning to buy a villa or a house? These practical tips will surely help you find your dream property quickly. Save time by identifying exactly what you need and want in your home.
Finding your dream home is a bit like finding your perfect match. It may take some time, but when you find the right one, you’ll know it’s forever.
Fortunately, finding the perfect home is much easier than finding the perfect partner. A little bit of planning and a little bit of ground work can lead you to your dream home.
At Villas Master, we know that buying a home can be both stressful and exciting, it’s quite an adventure for our clients. They have many ideas about what their home should be, how many rooms they want. But, when it comes to looking for it, the path often becomes complicated, that’s why today we will give you a little guide to find the villa of your dreams.
1- Identify your needs and desires
Before you begin, sit down and make a list of your wants and needs. Write down everything that comes to mind. The list will most likely change several times as you learn more about your options. You can change based on what you think is best for you.
For example, you may want a villa as close to downtown as possible. But once you find out what type of housing is available for your budget in that area, it will change your priorities.
Is it necessary for you to have a villa with a pool, 7 bedrooms and good location? Prioritize your needs. Unless you have an unlimited budget, you will have to make some sacrifices.
2- Establish a budget
This step is crucial. Determine how much you are willing to set aside each month for housing expenses. Some people will be able to pay cash, but taxes, insurance and maintenance must also be taken into account.
For this reason, check with your bank to see how much you can afford to pay. It is important that your budget corresponds to your needs and desires. We all want the villa of our dreams, but if it is worth more than you can afford, you need to move on or find another way.
3- Get a mortgage promise
Get a pre-approved mortgage before you start looking for real estate. Often buyers prefer to find a house and then figure out how to pay for it, it should be the other way around.
Determine how much you can or want to pay, then start looking for properties. Some people think they can buy a villa of a certain value, only to find out that their budget is lower. The key is not to waste time creating unrealistic expectations.
4- Choose a good real estate agency
Look for a professional real estate agency or, better yet, a team of qualified people. A good real estate agency will greatly reduce the risks that can occur during the purchase of your property.
Ask for references or check websites, then visit a few agencies to find the right one. The agent should be an experienced, ethical, full-time professional.
Remember, as a buyer, you don’t need to spend extra money to pay a real estate agent, as their salary is a percentage of the property price.
If you too are looking for your dream villa in Marrakech, please contact us. With our rich and long experience in the real estate sector, we can help you find your villa in Marrakech.
5- Get informed about the real estate market
The real estate market evolves daily. You may find the perfect house today, but it may not be available tomorrow.
Your real estate agent may have told you about a villa or house that has sold in the last 3-6 months that fits your budget. Did you like any of them? You can start with that.
Often, buyers are interested in properties that don’t fit their budget. In this case, only two things can happen: either you increase your budget or you lower your expectations.
A good team of experts like Villas Master can guide you to options you never thought of, such as locations you hadn’t considered or other types of properties. That’s why it’s important, even beneficial, to hire a real estate agency to help you buy your property.
6- Location, very important
Choose two or three neighborhoods that seem ideal for the type of life you lead, look for places that have essential elements for you, perhaps schools, supermarkets, parks.
Take walking and driving tours of these neighborhoods at different times and days. Make sure you feel comfortable and safe. Check your commute times from work or other places that are part of your routine.
Look around and do a little research on real estate values in the areas you have chosen as possible places to live, which is nowadays quite easy thanks to the internet.
Make sure your budget fits what these places have to offer and let your agency know why you find the area attractive. That way, they may be able to match your needs and desires to another location if the one you like is beyond your budget.
In the city of Marrakech, for example, you can choose a villa in the countryside, on the outskirts or in the city center.
7- Ask for a visit
You know what you want, you’ve secured a mortgage, you’ve established a comfortable price range, you’ve found a good real estate agent, you’ve researched the housing market and you’ve compiled a list of your favorite neighborhoods. Now it’s time to start visiting those villas.
Your agent has provided you with a list of homes that fit your needs, your budget and properties that are located in the neighbourhoods you prefer. Visit these homes or ask your agent to schedule a private tour. The agent who shows you the house will point out interesting details that you might not want to overlook.
Again, don’t take these tours if you’re not ready to buy. The real estate market changes daily. You may find the perfect home today, and the next day it’s no longer available.
8- Patience
You may have visited all the villas for sale and none of them pleased you. This is normal. The best properties sell very quickly and you just have to wait.
You need to be very patient and have the ability to react quickly, because good opportunities for houses for sale tend to disappear quickly. To find the villa of your dreams and to seize good offers, it is necessary to work hand in hand with a real estate agency in order to be attentive and to proceed in due time.
It is also possible to ask your agency to sign you up for an automatic email program so that you receive listings in your favorite neighborhoods as soon as they come on the market. Also, be sure to visit these properties as soon as they come on the market.
If you take all of these tips into account, you will eventually find the villa of your dreams.
