Buying a home can be a very intimidating experience unless you are already informed with the right knowledge. This article deals with exactly the kind of information about property purchase you must keep in mind while assessing your options.
Greeff Christie International Real Estate’s CEO Mike Greeff has listed some essential points to consider while buying a home. They are:
- Location is essential: This is something that most real estate agents and advisors emphasize over and over again, because it is indeed important. If you are considering buying a home, the area it is located in immensely narrows down your search by several folds. Amenities such as proximity of schools (if you have children or are planning on having them), hospitals, parks, bookstores, community centers and commute facilities can be among some considerations.
- Consider hidden costs: You think once you are done with your deposits and bond repayments, you can stop worrying about your newly bought house’s finances. Wrong. Hidden costs lurk just around the corner and can crop up at any given point of time. They can include anything from water and lighting expenses, to conveyance and transference fees. Make sure you talk to your property advisor regarding all such possible costs to avoid unforeseen financial emergencies.