While driving through Atlanta, GA several years ago, I stopped at a red light. On the corner across from me was a church with a large sign above the front door that read, “The Perfect Church.” I thought, “If I ever move to Atlanta, I know which church to join!” The old adage goes, “If you find the perfect church, don’t join it. You’ll ruin it.” There is no perfect church.
Perfection is truly rare in this world. Look around at people, cars, and simple things like coins. The coins we use in our daily lives, especially after they have been in circulation awhile, are far from perfect. If you want a perfect coin, look for a specially-minted proof coin that is graded MS70 … and expect to pay a lot for it.
It seems that many potential home buyers are looking for the perfect home. Even in the Austin, TX real estate market, you will not find a home, new or resale, which has no defects. As homes age (have been in circulation awhile), the number of problems they have (like a roof that is wearing out) tend to increase. Those building new homes have less-than-perfect skills, and the materials they use often have some flaw that may not even be visible. Because even no new home is perfect, Texas new home builders must provide a minimum home warranty.
If you are thinking about buying an Austin area home, you might consider these three things:
- Look for a home that is perfect for you … one that fits your budget. Weigh wants versus needs, and income versus outgo, and do not buy/borrow more than you can afford. (Getting preapproved for a loan will help you to how much home you can afford.) Then, find a home that has the location and features that fit you, your family and your finances well.
- Make sure that the loan you get for your home purchase is the perfect loan for you. Loans are more difficult to qualify for these days, but they are available. Compare lenders and loan packages (rates and fees). Make sure that the loan that appears to be the “perfect” loan for you actually is.
- Get the home inspected by a state-licensed inspector. Inspectors are trained to look at home features and test home systems. They see and discover things that you might not. The inspector's report will help you evaluate how close to perfect the home you want to buy really is.