At Eric Craig Real Estate Team, we know when you’re ready to buy a home there are many things to consider. Since buying a home is one of the major investments you’ll ever make in your lifetime, you should be prepared. But, just like any other long-term project, some planning ahead will certainly help when you’re ready to make the big purchase.
Call Eric Craig Real Estate Team at (816) 726-8565
So, are you ready to buy a home?
Here are 5 things to consider when buying a home:
- Location
- Security
- Income source
- Space and layout
- Property condition
Location
Location is a well-known cliche when it comes to smart real estate investment. You want to be near the shopping centers, good schools, and the main infrastructure. Sometimes, you may be forced to make some sacrifices and settle for what is available. The problem comes when you don’t find a home that is close to your place of work. If you want to become a happy homeowner you should get an opinion from people who live nearby. Keep in mind that when you choose a good neighborhood, your home will hold value.
Security
Before you settle on a particular home, do your due diligence to ensure the neighborhood is what you want for yourself and your family. This helps to protect your investment and gives peace of mind.
Also, you don’t want to buy your home in an area with a high crime rate. Research the area to get an idea of the overall safety. Keep an eye on key indicators like:
- Well-lit streets
- Neighborhood Watch program
- No signs of vandalism
Income source
It’s important to feel confident in your income source when you enter into a mortgage contract. Of course, job uncertainty can ruin your prospects of buying a home. Financing experts will help you determine the best plan for your mortgage.
One of the most common reasons for foreclosure is losing a job. So therefore, to avoid this, before you commit yourself to a mortgage plan, be sure of your job security.
Space and layout
The house you choose should accommodate your lifestyle. Do you need a big kitchen and lavish bathroom? Think about what you’d like to do in your dream home. You can also picture yourself walking through the property. Another key factor is space. You want to be sure you buy plenty of living space for your family. When you find a house that meets your living requirements you’ll be on your way to making a sound decision.
Property condition
No one wants to buy a house only to wake up to a leaky ceiling. Your goal is to be sure you buy a home in good condition. Hire a reputable inspector to help you bring potential problems to light. Inspectors will ensure the house has a solid foundation, durable flooring, quality roof and more. Knowing the current property condition can help you plan for any needed repairs. A list of trusted vendors is available to help you with fix-ups.
Ready to Buy a Home?
Home buying is such an exciting time of research and fulfilling one’s dreams. As a major milestone in life, being ready to buy a home takes some time and effort from the home buyer. Let an experienced real estate team help you along this journey.
Ready to Buy a Home? We can Help!
Call Eric Craig Real Estate Team at (816) 726-8565
for all of your real estate needs.