So, you've finally found the home of your dreams. It has exactly what you want, but how do you know that you are not forgetting anything? After you have made a comparison of home loans and chosen the right one to suit your needs, there are many others things to think about. Do not fear, I have created a list of items that you probably want to think about before you put an offer on a home. It can be so easy to forget the little things since the home buying process can be so intimidating.
Have you visited the area during the day and at night?
When looking at a home, a person usually looks at them during the day. This means that the neighborhood is usually very quiet since mostly everyone is at work or at school. However, at night-time, a home and a neighborhood can be a completely different story. You should always visit during both the day and at night, and on the weekends as well.
Is the neighborhood safe?
Before you put an offer on the home, I always recommend doing a crime search of the area. One time, we almost bought a home, but then did a search and it turned out the next door neighbor had a very scary past. I won't say exactly what this person did, but it was so bad that we immediately decided that we could never live in that home.
Is there a homeowners association?
Some people love homeowners associations, whereas others hate them. I personally am not a fan of them. Just remember that they usually come with an extra cost, and in some areas the extra cost may make the home unaffordable for you. You should learn what this cost is before you put an offer on a home.
You also need to figure out what rules the homeowners association has as well. Some can be quite tough and may not allow you to do many things. They might limit:
- The breed of dog you can have. If you already have a dog on their “no” list, this can be a bad situation to be in.
- How many and what kind of cars you can have in your driveway.
- Whether or not you are allowed to park in the street.
- How your yard looks.
- Whether or not you can have get togethers at your home. I remember someone telling me they got in trouble for having a small family potluck at their home without telling their association.
What would you change about your current home?
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