How to Find the Perfect Home to Accommodate Your Entertaining Needs

How to Find the Perfect Home to Accommodate Your Entertaining Needs

  • Susan Solliday
  • 12/15/21

Guest author: Cindy Aldridge

If you love to have friends and family over to your home but don’t have the space you need, it’s time to make an upgrade. Whether you plan to rent or buy, there’s a property out there to suit your entertaining needs—you just have to find it! A real estate agency like Luxe Client Group can help you find the right spot. Read on for a quick guide to finding the perfect home for entertaining and getting it set up for your next event.

Set a Budget

Before you start your search, decide how much you’re willing and able to spend to avoid paying more than you reasonably should. When buying a home, most lenders concur that you shouldn’t pay more than 28% of your gross monthly earnings on a mortgage. Also, you shouldn’t put more than 36% of your monthly income towards debts at large. If you’re renting, don’t spend more than 30% of your monthly income on rent.

Consider the Features and Amenities You Want

Once you’ve got money matters sorted, you can start dreaming about what your perfect space looks like. Consider features that are ideal for entertaining, like an open space floor plan, a porch, and guest rooms. There are also more basic considerations, such as the number of bedrooms and bathrooms and whether the place is pet-friendly. If you’re looking in a warmer area like Scottsdale, Arizona, amenities like a terrace, garden, or pool are also worth it.

Start Researching Properties

With your wishlist in mind, you can start researching properties. Get an idea of what prices are like in your target area by using an online search tool like For example, in Tempe, Arizona, you’ll find studios for as low as $799 and two bedrooms for about $1,500. If you’re looking to buy a property instead of renting, it’s best to hire a realtor. A local agent will know the market and can help you navigate the more complex home-buying process.

Get Your Paperwork in Order

Whether you’re renting or buying, you’ll have to jump through some administrative hoops to get the place you want. For example, if you’re renting, your landlord may require references or want to run a background check. If you’re buying a house, you’ll likely need a mortgage. The Mortgage Reports provides a handy checklist of the paperwork you’ll need to apply for a home loan, from income documentation to proof of assets.

Close the Deal

If you’re renting a property, closing the deal is as simple as signing the lease. If you’re buying a house, it’s a bit more complex. American Family Insurance explains what to expect from the closing process, which usually occurs one to two months after the offer on the property has been accepted. This waiting period is used for completing administrative details like title searches, home appraisals, and inspections.

Prepare for Your First Event in Your New Home

Once you’re settled into the new home, you can get ready to entertain. Make a list of everything you’ll need, from decorations to food. Also, consider extra investments to budget for, such as having a professional cleaning crew come by before and after, saving you stress and time. Finally, add some personalized touches to make the event your own, such as photographs, monogrammed napkins, or candles.

It may take some time to find your perfect property but don’t let that deter you. The effort will be well worth it once you’re set up in your new home and entertaining your loved ones.

For more content on finding and creating your dream home, visit the Luxe Client Group real estate blog.

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