Buying a new home is one of the biggest milestones in your life. It can be a daunting task where you need to consider all your options very carefully since you are investing a large amount of finance in it. So here are some of the factors you need to consider when buying a new home.
Firstly, you need to set out your budget with a maximum and limit. It would be a waste of time looking at houses you can’t afford, no matter how much you like it. Know what you are willing and able to spend and check houses accordingly. Housing catalogues and magazines could be of great help since they would have separate sections for each price range. Keep in mind that the price does not mean only the cost of the house. It should include realtor’s fees, legal fees, mover’s fees, living expenses and bills too.
Location is everything. The location will differ according to your preference and purpose of purchase. For example, if you are buying a house for leisure, then you’d probably buy it away from the city. But if you are buying for daily residential purpose, you need to consider the distance to your workplace, children’s school, hospitals etc. If you do choose to live slightly away from the city, do figure out your travelling methods since you will be living here for the rest of your life. Look into your neighbourhood and its safety. Do not be fooled by the beautiful Auckland driveway gates, and make a bad decision.
Visiting and viewing homes can be tiresome, however you don’t have to make it so. It can actually be fun. Short list the best options and remember to give a call before you go. You don’t want to arrive right at its wooden gates and turn back if your realtor isn’t available. Do not give in to the pressure they put your through when selecting your home. Take your time, negotiate, consider all options carefully and then make the decision. Sometimes, they could be over-exaggerating about the facilities on the phone so make sure you go check them if they exist in reality.
The size matters immensely since it affects the price. Consider your family; number of children, if your parents will live with etc. so that you have an estimate of the number rooms you need. If you have young kids and pets such as dogs and cats, a large yard would be perfect. Also, check if there is enough room to expand your house if needed later on. A new property will not always have exactly what you need but if you see potential of expansion, go ahead.