Home buying is a big deal, but it doesnt have to be difficult.
People buy homes for many different reasons. Most buy for the sole purpose of living the American Dream, others use the home buying market as an investment tool, and some even use the margins inherent in real estate transactions as their daily income.
There are many factors one needs to consider when buying a house, whether to live in or as an investment opportunity.
First and most important is do the research. Know what youre buying.
One of the most important factors to research when buying a home is location. City, State, and, even neighborhood should all be considered carefully.
Weve heard it said over and over again. Location, Location, Location
So why is location so important? Well, unless you plan to live in the house forever, eventually, you or your estate will want to sell it. You want the home to appreciate in value. You also want to be able to sell quickly. What you dont want is a house for sale sign sitting in your front yard for years.
It doesnt matter how wonderful your property is, you’ll have a very difficult time trying to sell your home...