Friday, May 22, 2009

Home Buyers – The Five Minutes Guide To A Wise Purchase

If you are a first time home buyer or a senior citizen with five other properties, must be fully aware of the fact that finding the right property can present a real challenge. The buyer must not only "fall in love with the house, but also many other aspects of the property and the neighborhood. A very common mistake is that people choose the house first and then seek funding. This is completely wrong. It is also common for people to act on whims. They see a house, fall in love at first sight and the next thing we know is they have bought. This is wrong on many levels and it is likely that things do not work for the best. Planning decisions based on impulse obscure for now. 

I will assume you have a clear idea of how much you can afford to borrow and have to find ways to finance this purchase. Then let's get down to business. 

Location, Location, Location 

Whoever said those words was a wise man. This is the most important factor when going home from hunting. The location of the property price may vary and should be taken into account when choosing their future home. Needless to say, whether to buy property as an investment property, your future depends on income especially in the location. 

What makes the neighborhood a great place to live? Well, that depends on your particular situation. Things to consider are: proximity to their work, their nearness to schools, how the environment is noisy, the amount of traffic that will have to face, close to public transport if you do not own a car, etc. 

Another important factor is safety. Is it a safe neighborhood? This is one of the main concerns for home buyers, especially those with children. 

Home 

Now that I've made my point clear about the location of the property and its importance, we will focus on the property itself. 

First, make sure the house fits your budget. What is the point in establishing a no-stick to it? If their calculations made clear that he could only afford to spend $ 150,000, are not in homes above that price. It is likely that the final result will be a taste and buy a home that you will not be able to pay can become a financial disaster. 

Before starting the house hunting process, establish some rules of the house must meet. For example, if you have two children and want their children to have a room each, are not in households with less than three bedrooms. Your current kitchen is small and dark? Go back a large kitchen with big windows. This might seem to emphasize one thing, but it is very common for people to choose a house with the idea of renewing later. These renovations will become much more expensive than expected and certainly had never performed.


tags: texas real estate agent, maui real estate agent, new jersey real estate agent, pleasanton california real estate agent, real estate agent houston

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