Buying property is a long and arduous process. There are so many things to consider and prepare, which may stress you out. However, home hunting can be an easy task if you already know your needs and priorities as a buyer. The help of a trusted exclusive buyer agency is extremely beneficial, too.
Here are three of the most important questions to ask before purchasing your dream home.
Can I afford it?
Buying a home involves a lot of money and the cost does not only begin with your initial down payment. It may be true that homes for sale are more affordable at present, but purchasing property entails a lot of upfront costs, such as new furniture, moving expenses and other necessary home adjustments.
Before buying a house, it is advisable to calculate the savings you have and the income you will receive in the future. Divide it on a monthly basis and see if you can afford the sum. If you’re sharing the amount with another person, such as your spouse, include his or her budget, too. This way, you already have an estimate of your total housing costs.
How is the location?
The location of the house will play a huge part in your lifestyle. It will also greatly affect your daily routine, your budget and your convenience. If you are going to start a family or already have one, it is important to consider the schools, shopping malls and recreational parks in the area. The home’s proximity to work is very important, too. Apart from convenience, your daily expenses on gas or public transportation affect the decision.
Do a safety check on the neighborhood by visiting the local police precinct. Ask for crime statistics and how frequently the police patrol. It is also advisable to ask the locals about the area so you already know the neighborhood’s character.
Does the house suit your needs?
Remember you are looking at homes for sale because you need a particular type of home.. If the property you are looking at does not suit your requirements, it is better to reconsider your decision. Will the house fit your family? Do you have extra space for work and leisure? Does the design suit your character and style? These are just some of the questions to ask. There may be more, but those will purely depend on your needs. Write down all the requirements you have when it comes to buying a house.
Home buying can be a fun and learning experience for you, your partner or your family. Make the right decision by asking these questions and considering your needs before you make the final buying decision.
What to Know Before Buying Your First Home, hgtv.com
10 Things to Consider Before Buying a New Home in 2014, Freshome.com