As 2010 draws to a close, with it comes the beginning of 2011, a new year with promises of a fresh start. What will your resolutions be this year?
Is this the year you will buy your first home, or perhaps your first rental property? Maybe it’s a ski shack or lakeside cottage that will come to mind as you make your plans for the upcoming year.
The truth is, there are many forms in which real estate can fit into your goals. There are no right or wrong answers. For many people, where and how you live is a huge part of the lifestyle you are working towards.
Regardless of the goal, you will need to develop a plan to take you from dreams to reality within the next 12 months. The first challenge usually presents itself as a lack of information or misinformation. It is hard to know what is attainable for you when you don’t have all of the facts. So where should you turn?
Get clear on what is possible for you by connecting with a mortgage expert. By discussing your current situation and the direction you would like to head, a road map will begin to appear.
Working with your mortgage planner, a road map can be fine-tuned so that a clear action plan is defined. Now is the perfect time to put the rubber to the road and make all of your goals come to fruition.
Generally speaking, fear of something new comes from preconceived ideas of what could happen. Knowledge helps to alleviate fear because it goes a long way to dispels myths and clear up misunderstandings.
Don’t let your preconceived ideas of ‘what if’s’ interfere with taking the next step. You are not yet committing to buying anything, only to searching out more information and accessing how close you are to that stage.
With a one-step-at—a-time approach to your goals, you will dramatically increase the likelihood of your New Year’s resolutions coming true, which is good news for all of us resolution makers.