Welcome to Ruthiee loves Glamour. This is my first blog post and I hope you enjoy it! Ok you’ve done all the searching and you’ve finally found a home that you are in love with. Should you buy it just yet?! Oh no. Wait a minute. Today, I’ll be talking about 6 factors to consider before buying a home!
It is very crucial to put certain factors into consideration before buying a home so as to ensure that you make the right purchase as no one wants to buy a home and end up feeling like they made the wrong decision. If you are thinking to buy a home, the factors below will help you in choosing the perfect home. Here are 6 factors to consider before buying a home!
6 Factors To Consider Before Buying A Home
Table of Contents
Location of the home
The location of the home is one of the most important things to consider when buying a home. It is very important for you to find a location that suits your taste, a location that allows easy access to places you visit the most like school, work, church, shopping malls, etc. It is also important to look for a location with low traffic rates and a location that allows easy access to the main road.
Size of the home
Another thing you need to do before buying a home is to decide how much space you really need. Determining how much space you really need is very crucial because buying a home that is too small will leave you trying to adjust the space to make it work for you and buying a home that is too big will allow you to spread out but it will require a large cost. A space that is just perfect will give you room to grow without going over the top.
Keep reading: 6 factors to consider before buying a home
Neighborhood and surrounding area
I am a chatterbox lol but I love going home to a peaceful and serene environment. I love quiet neighborhoods because the peace and serenity is everything for me. When buying a home, it is very important that you find a neighborhood that meets your criteria. Below is one of the things you should consider…
a) Do you prefer a peaceful and serene neighborhood or a neighborhood that is always bustling with extreme energy? Whatever your preference is, make sure to put it in place before buying a home.
Age of the home
Some homes that meet your requirements were built several years ago. Older homes have their advantages but they generally require more upgrades, improvements and repairs. The age of the home does make a big difference and before buying an old home, it would be best to look at whether you have enough money, time and effort to renovate and put the house in perfect state.
Keep reading: 6 Factors To Consider Before Buying A Home
The age and condition of appliances
Before buying a new home, make sure to check the age and condition of every appliance. If you assume that the appliances in the home you are about to buy are new and in perfect condition based on how they appear, you may be in for a big shock as a lot of people have bought homes with appliances that looked perfect only to find out later that the appliances are faulty and need to be repaired or replaced. So check the age and condition of appliances from the air conditioners to the refrigerators, etcetera before making a purchase.
Cost of maintenance
Last but not the list on my list of 6 factors to consider before buying a home is the cost of maintenance! The cost of maintenance is often overlooked. Most people get a home without first thinking about how much it would take to maintain the home which makes them end up spending way more money than they budgeted for. When you are living in a rented apartment, your maintenance costs are minimal but once you buy a home, you are fully responsible for the maintenance of the home.
So it is important to take the cost of maintenance into consideration, if possible, make a written list of the repairs, large or small replacements that the home needs before buying the home, and also make an estimate of how much you’ll need to keep maintaining the home as time goes by. This will help you see if you have the finance, time, effort and capacity to maintain the home.
Above are 6 factors to consider before buying a home. It is important to put certain factors into consideration before buying a home to ensure that you make the right decision.