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Homebuying Tips: Look Beyond the Price of a Home

by Comfort Usukumah Team 12/23/2018

Buying a home represents a life-changing decision. As such, you'll want to look beyond the price of a residence as you search for your dream house.

Ultimately, there are many factors beyond price that you should consider as you pursue your ideal residence, including:

1. A Home's Location

For most homebuyers, a house's location is the number one factor when they explore the real estate market, and perhaps it is easy to understand why.

Finding a home in a location that is convenient for you is priceless. And if you know how to conduct a comprehensive home search, you can quickly discover a high-quality home in a wonderful location.

As you prepare to kick off your home search, consider whether you'd like to live in a city or town. This will enable you to narrow your home search.

You also may want to consider homes that are located near work or school. By doing so, you can ensure that you won't have to travel too far to get to destinations that you frequently visit.

2. A Home's Condition

A home may look like a great investment at first, but its condition may have deteriorated over time. Thus, you'll want to take a close look at a house's condition before you finalize a home purchase.

Typically, a homebuyer will complete a property inspection after a home seller accepts an offer on a residence. This inspection will enable a homebuyer to perform an in-depth assessment of a residence and learn about its strengths and weaknesses. Then, a homebuyer can determine whether to move forward with a home acquisition.

If a property inspector discovers myriad issues that impact a home's condition, a homebuyer may want to reconsider his or her offer. At this point, a homebuyer can still walk away from a home purchase. Or, a homebuyer can ask the home seller to complete various home improvements as well.

On the other hand, a homebuyer who falls in love with a house may choose to proceed with a home purchase, regardless of the residence's condition. If you choose this option, however, it is important to consider the potential long-term ramifications of your decision.

3. Your Future

It is paramount for a homebuyer to find a house that he or she can enjoy for years to come. Therefore, a homebuyer should consider his or her future before finalizing a home purchase.

For example, if you plan to settle down and start a family, you may want to evaluate houses that are close to schools. Conversely, if you eventually want to work in the big city, you may want to consider homes that will make it easy to commute into the city day after day.

Don't forget to hire a real estate agent to help you during the homebuying journey too. With a real estate agent at your side, you should have no trouble examining a broad range of top-notch houses that won't force you to break your budget.

About the Author

Author
Comfort Usukumah Team
Comfort is a professionally qualified post-graduate trained and experienced Real Estate Broker who has been in the housing business since the eighties. She was a former Chief Executive of one of United Kingdom's Housing Group based in Central London. Comfort Usukumah holds a BSc. (Hons.) in Political and Administrative Studies. She is a corporate member of the United Kingdom's Chartered Institute of Housing ( MCIH); and a former Principal Officer of a Central London Local Government Authority. Comfort was appointed a member of the Barking, Brentwood and Havering Health Authority Board under the Premiership of Tony Blair. Comfort was also appointed the first Chairman of the London Borough of Havering's Race Equality Partnership. Comfort is a Certified Buyer Representative (CBR), Commercial & Investment Real Estate Certified (CIREC) and a professional Property Manager with a Post Graduate Diploma (PGDip.) in Housing from Middlesex University, Enfield, United Kingdom. Currently, Comfort is the President and CEO of Comfort Homes & Property Management LLC. CHPM is headquartered in the city of New Rochelle, NY, USA. She is a New York State Licensed Real Estate Broker, a member of the New York State Association of Realtors (NYSAR) and National Association of Realtors (NARS). Areas we cover include Westchester County, City of New York, State of Connecticut, Long Island, Rockland, Putnam, Bronx, Pennsylvania, and Georgia. Apart from the superior services and extraordinary results we provide to our property Buyer and Seller clients, we also specialize in relocation services, serving Ambassadors, Diplomats and Senior Corporate Executives from all parts of Africa, Europe and the rest of the world. We manage commercial buildings, rentals, and properties on behalf of Owners. Why don't you call Comfort today and experience the first class services yourself and in comfort?