A Home for Hosting: Finding a House for Your Entertaining Needs
Updated: Jun 15, 2023
Monica Smith, Recovering Works
Photo Credit: Fauxels via Pexels
Moving is always a challenge, but when you find the right house it’s worth it. Renting can be a great option if you are looking for a new space more quickly, or if you aren’t ready to commit to a significant purchase long term. Regardless of whether you choose to rent or buy, it’s important to know what you want in your new living space. Then, the thrill of the hunt begins! You’ll be holiday hosting and party planning in no time with these home-finding tips.
When Should I House Hunt?
Believe it or not, there are ideal times to find rental properties and homes for purchase. When it comes to rentals, most lease periods typically end at the end of the month. This means that at the end of every month, people move out in large numbers, which increases vacancies in rental units. The best time to search for a rental house is in the middle of the month.
If you’re looking to purchase and are not in a hurry, try waiting until late summer. According to Zillow, “buyers in the fall and winter will have fewer options yet more flexibility in price, and spring and summer buyers will have more options, but less negotiating power.” So plan accordingly if you have the liberty of time.
If you’re trying to decide whether to rent or buy a home, weigh out your options first. Is the timing right for your and for the market? Are you more interested in building equity or letting someone else deal with repairs on your rental property? There is no wrong answer, but the answer that is right for you at this moment.
Who Can Help Me?
Real estate agents are great resources for both rental and purchase properties. They know the ropes and make it easier for you by finding houses within the right price range, with the right amenities, and in the right neighbourhoods. And best of all, a licensed agent can help you avoid being scammed.
They can also help if your credit is less than desirable, or if you recently started working for yourself. Without an expert in your corner, lenders can be leery of renting or offering loans to people in these situations.
You can also start looking at rental and purchase properties online, and then ask your realtor about promising listings. The good news is that sites like Rentals.com and Realtor.com give you access to the rental houses and available homes of your dreams.
Put Emphasis on the Amenities
Your aim is to find a house that will give you all the entertainment you need during and after the holiday season. Rental properties often come with amazing amenities and features that will make entertaining easier year round. For instance, if you want to enjoy some chilly evening time in a heated swimming pool, search for a property with that amenity.
Any home, whether rented or purchased, should have most of your ideal features. Think about the number of bedrooms and bathrooms, type of closets, security, size of rooms, availability of high-speed internet connectivity, and outdoor space. Consider outdoor recreational facilities such as parks, seas, museums, and gardens nearby, too.
If you are considering buying and can’t find the perfect home, ask your realtor about buying new construction. Many prospective home buyers enjoy being able to customise their new house to fit their entertainment needs. Be forewarned, though, that standards for a new construction loan are more stringent; income requirements are stricter, and lenders will be especially critical of your credit history.
Find Your Perfect House
Whether you rent or buy, the perfect house gives you the entertainment space you desire without breaking your budget. Because if you spend all of your money on rent or mortgage payments, you won’t have money left over to host parties. The good news is that house-hunting doesn’t have to be difficult. Work with your realtor, keep your goals in mind, and be realistic with your budget. You’ll find yourself hosting a housewarming party in no time.
If your favourite form of entertaining is hosting a movie night, then check out the reviews on Movies With Hart