home is likely the most expensive purchase you'll make in your life;
therefore, you want to ensure that you do it correctly. Instead of just
racing into a home sale, check out the following components to ensure
the highest level of success.
Neighborhood Crime Rates
out the crime rates of the specific neighborhood and the town overall
is important. You want to get a sense of how this area stacks up against
surrounding ones. If the crime rates are higher, consider checking out
other communities. Also, you should find out if the crime rates have
been increasing or decreasing in recent years. When an upward trend has
existed, consider buying in another town as that trend may simply
or not you have or are planning to have children, researching the
school districts is a good idea. Parents want to know if the schools are
considered safe and what the caliber of academics is at the educational
facilities. You may wonder why you should research school districts if
you aren't having children, and the answer is that school districts can
often reveal other issues that are prevalent in the community, such as
poverty, gang violence and drug usage.
a full and complete home inspection is crucial before you decide to put
your offer in on any particular property. You want to make sure that
the house is in full functioning condition and that any issues are
resolved by the current homeowner. For example, you may discover that
the house has signs of termite damage or that the plumbing system is
about to burst.
Check out Similar Houses on the Market
into similar houses that are currently on the market and ones that have
just sold in the community can give you a good idea as to whether or
not you're paying a fair price. When other houses are at much lower
prices, you have some serious negotiating power. If the prices are
higher, then you can feel confident that you are getting a good deal and
that the seller may be willing to negotiate even more.
Knowing what to look for when you're buying a house is of utmost importance because you're going to be putting a great deal of money into it. Therefore, take the time to make sure you fully go through each one of these suggestions during the process.
Gennady Barsky is a real estate mogul from NYC.