It may seem cruel, but the fact of the matter dictates that we first asked to perform at the beginning of our quest is: How much money can I spend?

Then to answer that question, you should see what needs to be able to cover the house of your dreams. In this regard, you should consider basic aspects such as location, orientation, quality of facilities, pollution and noise in the area and surroundings. While things may seem obvious, do not hesitate to make a list and review each and every one of them, since they may once bought the house, many things are very difficult to amend.

Previous calculations

When you decide and begin the search, before wasting time dreaming, you will need to touch the floor with your feet, breathe deep, and analyze your financial situation, to understand how much money you actually spend.

With conditions as they are today, and the high prices dictated by the market, it is very likely need to seek a mortgage from a bank. Recall that there are very few people with a capacity of sufficient liquidity to enable them to acquire an apartment in cash.

At this point, note that generally, the banks tend not to lend the full price of the house. In this way, what they offer today, slashing 80% of the total, so you should be able to have the remaining 20% to make your fantasy land.

The bank will grant a mortgage on the outcome of the analysis of two variables: the appraised value of the house, and your borrowing capacity (an estimate of the amount of money you’ll be able to repay monthly).

Where to look.

Decided all these questions, you will need to know where to go for a dynamic and effective search.

The various doors that can hit are:

Estate agents.

Go to a professional will have their advantages and disadvantages. They are the best source of information, both in search and procedures regarding post-purchase decision. Also, they are aware of the rantings of the market in general and the state of different areas.

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Make a spending plan: If you write your plans (as gifts, for whom, the cost should each, total spending, etc.). And you do a follow-up (save your receipts) will be easier to keep in your budget.

Sets a limit on spending (the gift) and a ceiling on spending. Furthermore, if this year you do not have sales success and the budget, you can use as a reminder for next year and estimate your budget best.

Examine your expenses if you can make extra cash: the first considers all costs and revenues for the month of December and January, so do not have money to pay you should use a fixed account. This amount will meet the “discretion” to you for extra expenses in December. Perhaps you surprised to see money for these expenses without having to endeudarte.

If you’ve saved for December: A minority in advance to save the cost of these dates. If you are one of the few predictable and do not want to use your savings just to buy gifts but to build your credit history: an open credit card account guaranteed.

Thus, using a portion of your savings to support the request for a secured credit card (you’ll be asked to open a CD of a similar amount to the credit line that gives you) and leave a portion of savings to make the first payments of the first two or three months, above the minimum balance you require.
Advanced to the dates and takes bids: Some people find it easier to buy gifts during the months of December and not to “overload” its budget in one month or borrow in the following.

Also, like to (or can) wait for the “discounts” from after Christmas to do their shopping. It is not realistic in the case of parents who seek always to make gifts for the dates that the children are waiting, but there are costs you can expect to do until you put things on sale, such as Christmas ornaments, which the lower 50, 60, and up to 70% after spending the holidays are a good buy for the next year …

Organize a shopping list for your children: many parents have started making a list of gifts sought by their children and shared among its closest relatives. So if your kids ask 10 different things and know that some are going to give her uncles, godparents and grandparents, you can concentrate your resources on buying something that does not include in the listing.

In addition, uncles and family very much appreciate when we say they want the kids and not have to be running, buying things that will return the final corner or closet somewhere … Retains all of your receipts: It is important to keep receipts and reconcile all your accounts. It is very easy in the rush of the season, shops and even card issuers, confused, overloaded or repeated by mistake.

Alternative gifts: Do not hurry to spend more than it is at your fingertips. There are many other ways to share with your family and friends, and some ideas that we have brought you the Gifts for everyone on
And for those of kilos more … Helps a lot if you avoid shopping when you eat on the street. Generally you are eating fattening things and what you can save ‘hunting’ some deals in different parts of the city, you end up spending a meal or snack in the race.

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