BUYING WELL
Purchasing a home is one of the most important decisions you will make in your life. To that end, it is important to understand your:
Purchasing a home is one of the most important decisions you will make in your life. To that end, it is important to understand your:
ü Motivation for Buying
ü Financial Implications
ü Market Trends
ü Timing of the Purchase
ü Location of the Home
ü Style and Features of the Home
Obviously buying well involves experience, knowledge, and skill. And just as you would enlist the training and expertise of a surgeon to perform an invasive procedure so too might you consider a qualified real property consultant.
However, if you decide to go it alone, please consider these excellent tips:
ü If you have to resell soon, don't buy an unusual home.
ü Even if the quality of a school district may not matter to you now, remember it might someday to another buyer.
ü Expect lower maintenance costs with a brand-new home.
ü When interest rates are low opt for a fixed mortgage.
ü Pay attention to floor plans. Changing layouts of rooms later can be costly.
ü A house that's sited to take advantage of the sun, the wind and the typography costs less to heat and cool and can save thousands of dollars over the years in utility bills.
ü Buying a house whose style is uniquely individual will probably minimize rather than maximize its resale value because the house will appeal to a somewhat more limited number of potential buyers.
ü If you think you may need more space in the near future, be sure the house and lot will allow for expansion.
ü Redoing a kitchen is likely to be expensive. So be sure of what you need and want before you buy.
ü Don't buy a house with foundation problems. Although most foundation problems can be corrected, repair work is usually expensive.
ü A roof that complements the style of a home and is carefully maintained adds to the home's visual appeal and its resale value.
ü A light-colored roof reflects heat and is best in areas where air-conditioning is the greater energy user. In colder weather climates, a dark roof is preferable because it absorbs more heat. In temperate climates, a middle-range shade is best.
ü The three most popular wall choices are brick, wood siding and stucco. About half of all home shoppers prefer brick for exterior walls; about one-third prefer wood siding; and about one-fifth prefer stucco.
ü Wood floors suggest warmth, quality and good taste and are an asset when it comes time to selling a house.
ü Most home shoppers prefer a combination of ceramic tile and vinyl wallpaper as a covering for bathroom walls, creating a positive effect on the house's resale value. Ceramic tile is usually installed wherever water comes in contact with the wall.
ü Plant deciduous trees, shrubs and vines on south and west sides of the home to provide shade in the summer and sunshine in the winter. Remember trees enhance the beauty and value of a lot and house.
ü Purchasing your home at the right price will make a difference in whether you bring money to closing or receive money at closing.
ü The owner or owners representatives will aggressively advocate for their best interest– not yours.
For customized consultation on your next home purchase write nicole@nicolestxproperties.com or call 972 407 4711 for further assistance.
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