The internet provides a listing of places in which properties for sale can be found. Apart from the internet, different newspapers and classifieds, real estate agents and also search agents may help greatly when searching for a house on sale. Despite this, certain factors should be considered keenly.
Since purchasing a property involves money, your income, whether married or single, needs to be the first consideration. Be sure to plan for a property that you can afford since there are other additional costs such as survey fees, stamp duty, insurance, furniture and moving cost among other miscellaneous costs.
Even though you may have your mind set on a particular property, design or price, it is always wise to ask your real estate agent on other suggestions and ideas regarding properties on sale. Some new ideas might please you more than your expected ideal property.
Secondly, when considering location, look at factors such as local schools, distance to work, bars and restaurants, closeness to family and friends, crime rates and neighbors. It is important to research on how many properties have been sold around the neighborhood previously, how much they have been sold for and their designs.
Thirdly, the interior and exterior designs matter greatly. The interior includes the bedrooms, bathrooms, kitchen, utility rooms, heating, and storage among others. You should prioritize choosing a house that best suits your needs. The exterior such as the driveway, garage, parking, garden and windows are also to be considered. Other special requirements such as swimming pools, land and off street parking could be factors to consider a house.
Buying a new residence or a re-sale property will be determined by your plans. Whether or not you want to renovate the house will also be a factor to consider. New properties offer better incentives such as a 10year guarantee just in case some problem with the house comes up, paid stamp duty, contribution to your deposit among others. On the other hand, re-sale houses may cost some additional amount to renovate but they could also have great historical value which could come in handy in future.
After careful consideration on the kind of residence you would like to purchase and having identified the actual residence, it is time to view the house personally. This is done through the real estate agent dealing with the property. If you view the house and decide that it best suits your needs, its time to make the offer. Negotiations should be influenced by previous research on prices. You should stay calm, patient and confident but be careful not to offer a price or a deal that is either too high or too low compared to the set price. In addition, do not offer more than you can afford.
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