subject: Avoid Future Headaches and Research Location Before Making a Home Purchase [print this page] Author: marco Author: marco
Most real estate agents will tell homebuyers that there is an inescapable truth. In the real estate market, location means everything, and this is something that you must carefully research before you make a home purchase. There are manifold reasons why location means everything in real estate. As a homebuyer, the main reason that location will mean everything to you is that it will directly affect the price you pay for the home. In most cities, you are only ashort driving distanceaway from the best and worst parts of town. Therefore, location would mean everything, depending on the part of town where you are looking to live. Of course, you can generally find something for every budget between the best and worst parts of town. It would then be up to your budget and preference as to where you decide to live. What if you do not want to live in the city and want to be out in the country instead? Generally, the further you are from urban areas, the less expensive housing will be. You would then have to decide if the length of the commute would be worth moving away from the city. Something that you should also consider if you move to the country is how far you will be from schools, hospitals and other necessities. If you have a family, perhaps it would not be ideal to move your children too far away from schools. Having said that, one of the things that affects the price of a home the most is its proximity to schools. This is something that is very desirable and it comes with the accompanying competition. Choosing a location where to live is something that cannot easily be generalized. Couples who have grown children who have moved out of the house do not need to be close to schools. However, as couples grow older, then might start to consider things such as being close to medical care. It is never a bad idea to make a sort of wish list of the ideal place where you would like to live. Make a list of the things you need and do not need to be close by, and also write down the amount of time you are willing to spend driving to work each day. You will have to set a budget, so you are going to have to know how much house you can afford with your current income. Once you have a good idea of where you want to live, you can drive out the amount of time you are willing to spend driving to work and see if you find a house that meets your needs and is within your budget. It cannot be said enough that your home is probably the biggest investment you will make in a lifetime. It stands to reason that you would want to research carefully into your potential investment. If you invest wisely and with care, you can avoid many future problems. Something else to keep in mind is that it is never a bad idea to contact a real estate professional to help with your home seach. About the Author: