Every living creature needs a nest, a place to rest and to reproduce, to retreat and to recharge energy. Human calls it a HOME. There are hundreds and millions of houses in the market to choose. The needs, preference and ability may be different for you and me, the instinct is always the same, we all need a home. A place where we can call our own, to feel where we belong.
Beauty is often in the eye of the beholder. Features that attract one home-buyer may repel another.
However, the one feature of interest to every home-buyer is PRICE. Getting the most home for your money is paramount. The real problem is figuring out whether that fixer-upper on one street is a better buy than the home in next-to-new condition two blocks away. That’s why knowing what to look for before you buy can save you time, energy and money down the line.
The first step is figuring out what kind of house you need. A good buy is only a good buy if it meets your current and future living requirements.
Second, determine how much work is required to make the house you are considering livable. Make an honest assessment of your fix-it abilities. Unless you are ready and able to tackle a major remodel, look for a house or condominium that needs only cosmetic improvements. These include painting, wallpapering and replacing items like flooring, window treatments, bathroom and kitchen fixtures, light fixtures, cabinet and interior door hardware and appliances.
Beware of improvements that seem easy enough at first glance buy which may turn into major headaches and require a lot of money once you’ve moved in. Make sure major systems in the house are in good working condition. The furnace, air-conditioning and plumbing should be up to date, since repairs can be costly.
Third, look for a house with universally popular selling points. If you’re impressed, the next buyer down the line is bound to be, too.
Fourth, don’t forget the old adage: location, location, location. Unless you’re looking for a fixer-upper, the house should be in a condition that is comparable to other homes in the neighborhood. Consider the amount of traffic or noise. Make sure the schools in your district have a reputation for quality education and safety. Nearby supermarkets, gas stations, restaurants and theaters also will make a location more desirable.
Good community facilities also add appeal; pools, athletic fields, community centers, libraries and hospitals all add to a neighborhood’s value and desirability. Transportation needs also should be considered. All of these can affect a home’s pricing.
Fifth, consider the cost of living in a home. It’s important to consider not only purchase price but the monthly cost of living in a home. Estimate your utility, maintenance costs, property taxes, etc.
You can find a bargain! Don't rent and rave! Buy and Sell! Your first step should be to seek out a knowledgeable real estate agent with experience in the market areas where you wish to purchase a home. Your agent can help you locate those properties that truly are “bargains” and help find the home that most closely matches your desires and needs. I CAN HELP! PLEASE CALL ME.
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