Thursday, May 9, 2013

Deciding to Buy a Home: Important Concerns

By Sherrin Nissen


When considering buying a home, a family can become excited. The dream of home ownership may cloud an otherwise careful person's reasoning as they are window shopping. This is a time to keep your head on straight and your expectancies in line with the market and your family's desires/budget.

There are some extremely simple steps which can be taken when having a look at houses that will get you close to the perfect situation. Firstly, if you like a house go there at various times of the day. See what traffic is like, if youngsters are playing outside, even take a walk simply to get a feeling of ambiance. How loud is it in the morning, after work and at night? How are the street lights from a safety perspective? Can you see yourself fitting into this community?

While you're walking look at adjacent properties and ask how they impact your potential future home's property value. Are the homes well looked after? Are there residences nearby where there might be regular turnover in your neighbors?

Step 2, get online or go to the library and research the area. Look for crime issues, water contaminants, flooding, for example. If you prefer a solid residential setting also discover if there were any authorizes issued for projects like a mall or parking garage. Think of what those changes mean in the way you can enjoy that property in days to come.

While you're on the study warpath, go to the local building department and learn if there are precise codes that might have an impact on you. For example, some townships refuse buildings over a particular height so that a view remains unfettered (a very nice perk). From the other viewpoint some building codes become tricky, such as an outdoor light limit on how far it can reach especially over property lines.

If you're looking in an area that's got a neighborhood watch or other association, contact them. See if you can attend a meeting or get copies of any information they offer. A true community welcomes people who want to remain aware.

The sellers of the house may be a wealth of information or they might be rather circumspect. You can ask about application costs, any upgrades they have done and if the warrantee is interchangeable, any damage repairs etc. Even with this info in hand, remember a home inspection. That way, irrespective of everything else , you'll know what needs fixing and potential costs for same. These inspections also remain looking out for potential hazards like lead paint.

If you follow these basic preemptive measures, you'll be likelier to find a home in which you will be happy for an especially long time.




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