Spring is the traditional time to look for a new home. It’s not the only time this happens, but the springtime is a popular season for this activity. Over the wintertime, people determine that their current home is deficient in certain ways to what they want in their home and their lifestyle pursuits so they decide to see what else is available to serve their needs.
In looking for a new home (as in different one than the home they have now), people have the option of selecting a home that already exists that has been occupied by someone else at least once. It can be relatively new or decades old. Still, it is new to the people looking at it and seeking to change their address from where they call home now to a different location. They also can select new construction (already built but never-before occupied, or to-be-built) and select a brand new home for themselves.
Economics might have something to do with whether they select an existing home or a new one. Also, where the home is located may be a factor. if they are trying to be in a specific neighborhood, there may only be existing homes or new ones available. Then, there are the features they are looking for in their new home. Typically, but not always, new or newer homes have going to have the latest technology, electronics, appliances, and fixtures.
They might find an existing home, whether built relatively recently or not, that has many of the features they are looking for in a home, including, flooring, lighting, layout, space considerations, accessibility, and other factors important to them.
This brings us to the second way they can own a new home. They can find a home that has everything they think their home is missing, or they can decide to remake their present home into the one they really want. After all, they probably like the location, they have a long track record with their home, they have a large emotional attachment to it, they have shared many memories in and with their home over the years (good ones and not such good ones), and they really would like to stay in it if it could just be more responsive to their needs.
Maybe they don’t need to leave their current home. Maybe a new home that they would move into is not what they need but rather a new design on the home they have now. In addition to being familiar with the physical location of their home and the ins and outs of navigating through their home, they would avoid the monumental task of trying to sort through all of the accumulates stuff they have to get it ready to move, the general disruption in their lives preparing their contents for moving and then unpacking and settling in at their new home, and selling their present home.
They may find that they can reinvent their current home for whatever needs and desires they have and that this new iteration in design can serve them long-term and allow them to remain in it. This is getting a new home without needing to incur any of the hassles of searching for, locating, and changing residences.
This is precisely the role that we play. We help people understand, and then do something about it to make it happen, that they can modify their current home (within funding constraints) to remake it into what they really need to serve their purposed and those that live in the home with them. In some cases, we can identify funding that does not depend entirely on their funds or loan process.
Helping people stay in their current homes with some relevant modifications is like giving them a brand new home.