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4 Tips For Purchasing A Home

<p style&equals;"text-align&colon; justify&semi;">If you’re on a home hunt consider staking out the neighborhood to get a feel for where you’re moving&period; New home buyers typically make the mistake of focusing exclusively on the house itself during their due diligence campaigns&period; Location plays a chief role in your home’s value&period; Spend a considerable amount of time learning about the neighborhood&period; Speak to neighbors to get a feel for the area and to see if you have a good match&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Don’t Move Your Money<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Before buying a home don’t move around large sums of your money&period; Avoid sending out red flags to banks which could damage your credit profile&period; Stay away from purchasing big ticket items&comma; don’t open too many credit card accounts and avoid building up heavy debt during this time frame&period; How much can you really buy before purchasing a new home anyway&quest; Your attention and energy should be focused on saving money before your big buy&period; Focus on your primary goal&period; Get a loan without any hassles&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Survey<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Hire someone to do a survey on your property&period; You don’t want to find yourself in an ugly border war after moving in&period; Know exactly what you’re buying real estate wise before you invest in your new home&period; Sure you may think that your property spans beyond the rose bushes but your new neighbor may have a different idea&period; Since you’re new to the plot hire someone to serve as an unbiased third party&period; Start things off on the right foot and get clear on your property lines&period;  Remember that your property tax is determined by the amount of property that you own&period; It’s better to have a map drawn up versus guessing at your property dimensions when tax time comes around&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Big Doesn’t Mean Good<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Although you probably want the biggest&comma; most spectacular house in the neighborhood you may hurt yourself by going big&period; If you move you’ll limit your target market significantly as the size&comma; scale and price tag will turn off many potential buyers&period; Add in high energy costs as well as increased maintenance and repair costs and even if you don’t buy a money pit you’ll still need to spend a small fortune in upkeep&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Since your home’s value rises in relation to the surrounding homes it’s smarter to get a pulse on the overall neighborhood versus trying to boost your home’s resale value&period; Buy with a neighborhood perspective in mind&period;  Don’t limit your potential buyers&period; Get the most bang for your resale buck&period; Buy a mid-sized home in the area to make the smart choice&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Hire an Inspector<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Hire a home inspector to look for potential problems before you buy a home&period; For only a small fee you can spot issues and decide whether or not to move forward with the purchase&period; Think of buying a car&period; Would you make such a large purchase without taking the automobile for a test spin or without looking under the hood&quest; Be prepared&period; Receive a professional assessment of the home before making such a large financial investment&period;<&sol;p>&NewLine;

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