Are you really ready to buy a house? Buying a house is one of the most thrilling things you will ever do in your life. Imagine having to invest your hard-earned money on a property you and your family wish to settle in. Imagine having to undergo the stressful and daunting processes – from checking out several properties to applying for loans – and finally getting the house of your dreams. But before you rejoice, let me ask you again, are you sure you’re ready to buy that house?
Here are three of the most important things you would need to double check when buying a house.
1- Check your financial standing and capacity.
Are you financially able to make this purchase? Double check the money that you currently have. Examine your ability to get a loan. Unless you have the entire home purchase price available to you, make sure that you are pre-approved by the bank before you purchase. ‘Preapproved’ means you have gotten the approval of the bank that they will lend you the amount you need to buy the house. Real estate agents (also called realtors) and sellers all require this before considering selling the house to you. Finally, make sure that you are aware of the taxes that come with buying a house. Your real estate agent will be able to inform you of all the responsibilities you will have when you are buying a house.
2- Check the house in and out.
Are you really ready to buy this house? Inspect and double check the house. At this point, you should have an idea of what house you want for you and your family. Don’t go for something just livable. Rather, go for something that is as close to your dream house as possible. Of course, this does not mean only looking at the external portions of the house. The usual details are very important, too. How many bedrooms are necessary for you? How many bathrooms do you need? These and many other exterior and interior factors are very important when buying a house.
3- Inspect the house’s location.
Buyers often make the mistake of buying a beautiful house without looking at the neighborhood’s location. Some houses can be so beautiful but are located in communities that are not accessible to public transportation. If you commute to work every day, this is a major no-no. If you have children, it is best to choose a house located near schools. Ultimately, it is important that you also double check the security offering of the neighborhood you will soon be living in.