How do you figure out what is best for you while buying a house or any real estate property? In most cases our passion for a good deal overshadows common sense. Ideally this should be the other way round. If you are a first time home buyer it is necessary for you to seek advice from a professional commercial real estate agent. Remember that your parents or relatives might be well experienced but they’re not professionals. Investing in a real estate property can be your one of the most important decisions in life unless you take a bad advice.
Consider the tips below before purchasing a house.
1. Bigger is Not Better: You might think that property which is large in size is always better than smaller ones. It’s not true at all. Only you can tell what is best for you; how much space you need, how many rooms you need, stuff like that. Big houses also come with big price and expensive maintenance.
2. Landscaping – Tiny Trees grow big: Watch out for those beautiful baby trees placed close to the house. They will cause problems down the road as they grow up. Some trees’ roots can grow too big and cause problems to foundation of the house.
3. Mom & Dad are not real estate agents: Your family members may have purchased real estate property before. They may even share their past experiences of buying a house. Keep in mind one thing that they most likely purchased the house in a different location and time period.The real estate market is very dynamic and rules change overnight.
4. Know the neighbourhood: Yes it matters a lot and this needs to be done on your own. You can do a little bit of background check of the people living close to your property. Drive around the area to familiarize yourself with the area. Seek help from the local police department to find out crime history of that area.