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Personal A Smart Guide in Buying the Perfect House

A Smart Guide in Buying the Perfect House

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Buying a house is a difficult investment to take. You’ll be spending a lot of money for your monthly mortgage plus you’ll need extra funds to maintain the house. If you are not careful, you’ll end up living in the streets instead of inside your dream house.

Don’t subject yourself to a difficult situation. Before signing the purchase agreement, be hundred percent sure that the property is worth spending for. Be smart. To help you, here are the tips you must do before owning a house:

Evaluate Your Finances

You think of buying a house because you have the money to pay for it. But, did you take you daily expenses and future financial obligations into consideration? Many people think that as long as they have the steady stream of money, they can already avail a house. But remember, you might lose a job or ran into an emergency any moment. Evaluate these factors before buying a house.

Find the Perfect Location

Pick a house that is convenient for you. This means it is near your work, public transportation, main roads, shopping and entertainment hubs, schools, hospitals and other major establishments. A house far from the city might be quiet, but long daily commute might lead to burnout. Real estate applications can help you find a property in areas you prefer.

Watch out for too good to be true offers

Don’t fall for online advertisements that offer the lowest mortgages. If the ad is too good be to be true, it is likely to be a scam. Despite the government’s actions to stop real estate scams, Forbes reports that many people still lost an average of $4,000 to $5,000 to loan modification fraud, so be extra cautious when sealing a deal.

Conduct a fieldwork

In relation to scams, be sure to conduct a field work to check if the property is as good as the real estate agents are saying. Remember, pictures in directories and advertisement can be deceiving. Photographers can easily make a room look larger, and a house look sophisticated.

Inspect the house and the community

A field work will also help you check the community and the people living around your prospected house. You can ask around regarding the water pressure, electricity and safety in the neighborhood. Also, ask if there are developments and infrastructures planned to be built around the area, so you are ready in case the sound of jackhammers destroys your peaceful slumber. Field work helps you get the feel of living in the community to decide if it’s a sustainable location for you and your family.

Talk to the Expert

Buying a house is stressful on your own. Ask the help of expert real estate agents to assist make it easier. They are the best people to help you  get your dream house. However, be watchful of red flags like agents always  late during meetings, unresponsive, opinionated, and too persistent, or else, you might lose more money on fraud. You can also ask the opinion of your family and relatives, to decide which property to buy.

Homeownership is a serious decision to make that is why you should do it with caution. You can check out www.homestart.net.au , and other real estate sites to help you avoid scams and take the right choice.

Remember, if your property hunting is done right, owning a house can be the most rewarding and satisfying decision you could ever make.

A Smart Guide in Buying the Perfect House
General Contributor
Janice is a writer from Chicago, IL. She created the "simple living as told by me" newsletter with more than 12,000 subscribers about Living Better and is a founder of Seekyt.

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