Buying a house is a major decision that requires careful consideration. Here are some things to look for when buying a house:
- Price: Determine your budget and look for homes that fit within it.
- Location: Consider factors such as proximity to work, schools, and amenities.
- House size: Determine how much space you need and look for homes that meet your requirements.
- Property taxes: Research the property taxes for the homes you are considering.
- Homeowners Association (HOA): If the home is part of an HOA, research the fees and rules.
- Amenities: Consider features such as the number of bathrooms, living room size, garage, basement, attic, and yard space.
- Parking: Determine if you need a garage or off-street parking.
- Historical district: Check if the home is located within a historic district, which may impact your ability to make changes to the exterior.
- Potential drawbacks: Consider if the property is on a busy road, next to a highway or railway track, in a food desert, or in a high-crime area.
- Structural details and mechanicals: Look for signs of good maintenance and solid bones, such as a well-maintained roof, heating and cooling units, plumbing, and electricity.
- Red flags: Watch out for poor tiling or flooring work, foundation issues, water damage, pet accidents, mildew, or smoke.
Its important to evaluate your priorities and determine which areas are most important to you. Before you begin viewing houses, you should have your mortgage preapproval in hand so that youre ready to make an offer when you find the right home. Finally, be curious and ask questions of your lender, home inspector, and real estate agent.