Buying a house is the most important financial decision you will ever make, but if done right could be the best thing you could possibly do. There are a few factors to consider when you are picking a house to start a family. Sooner or later, everyone will go through this process, and being prepared in knowing what to look for is half the battle.
That being said, it is important to greatly consider the factors that will affect your everyday living experience. The following tips will help to get started off right. While it is important to note the number of rooms, the size of the yard and the layout of the kitchen, there are several important things you need to consider before making an offer, I’ve narrowed it down to four key tips.
Don’t try to time the market
– Trying to time the market when you are planning to purchase is impossible. Considering whether the market drops low or gets too high will only prolong and possibly make you lose your chance of owning your perfect house of choice. The best time is when you find a house you can afford, regardless what the market is doing.The real estate market is cyclical, and waiting for the perfect time will only make you miss out on an opportunity.
Location, Location, Location!!!
– Being close to shopping, work or school and the surrounding people can give great impact in your living environment. You can overlook a couple of imperfections in a home if you love the neighborhood and neighbors. As most would say, three of the most important factors in buying a home is location, location, location. When choosing, you need to consider its proximity to other essential establishments, environment or the neighborhood, and public transportation.
Inspection – Does it check out?
– Of course, you will need to check everything out inside the house. When you have finally narrowed down your list of choices, it’s time to hire a home inspector. It may cost a little but in the long run, it will end up saving you thousands. This will help you gain the best information regarding the new home so that you can make the best decision as to whether or not take it.
Deal Breakers – Things that can not change
– One important thing to note: when buying a home, you can easily replace furniture, and other things inside however, you can never change the location. This is why it is important to also check the situational factors. Is the location suitable for kids, pets and gardening? Do the neighbor’s window look directly to your home? Has the driveway elevation properly installed for safe access to the property?
These should get you to at least start thinking of important aspects you should consider when purchasing a home, and hopefully will help make the process much easier.
Russell J. Montjoy
Exit Bennett reality
7701 Greenbelt Rd # 100,
Greenbelt, MD 20770