Anyone who has gone through the home buying process knows that it can be a long and frustrating journey if it isn’t done right. We all know that the single most important factor is location since it’s the only one that can’t be changed, but there are several other factors to consider, too.
The Different Hours of the Day
It’s fascinating how a street, house or neighbourhood can be completely different from one time of day to another. Your house may get far less light than you’d hoped, the street may be busier in the evening or morning than it was when you visited, and the neighbourhood could be a weekend party retreat. The answer of course, is to visit the home at different points in the day to get a full perspective on what is happening.
What Does the Future Hold?
Sometimes, people move into a new home only to find out a new subdivision or building is starting construction a few months down the road. Maybe some new power lines will be running through your area. It pays to check with town hall to see if any new additions are forthcoming, especially if the house is close to open space.
No one wants to move into a high crime area, so try to get your hands on some police statistics so you can get a sense of what it’s like. You can also ask any potential neighbours you meet when visiting the house. Most people are honest in those situations, and won’t steer you in the wrong direction.
A home inspection is a must for any new home buyer, because the last thing you want is to move in and find that there are structural issues or other problems. You can also ask the current owners about any improvements they’ve made or renovations they’ve done in the past several years.
Check the Utilities
Utility bills can really jack up your monthly expenses, so make sure you get a look at the utilities for the past year. Then you’ll know what they’re like in every season and you won’t be surprised.
Check the Taxes
You’ll also want to get a copy of the most recent tax bill, so you’ll know how much you’ll be paying in property tax. Also, find out if your home will be re-appraised after you buy it because that could result in higher taxes.
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