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5 IMPORTANT Things to Check on a Location When Buying Real Estate
Real Estate Purchase is one of the biggest purchases you’ll ever do in your life. And it pays to check on some things on the location where you’ll buy your NEXT home.
When you’re making the biggest purchase of your life, sometimes, we have to think of some things that we need to consider – Is it gonna be big? Is it gonna be inexpensive? Is it gonna be at the center of everything?
But since (most of the time) you cannot have all of these things in one place – it’s beautiful, it’s big, it’s not that expensive, it’s at the center of everything, we have to come to a place of happy compromise where it works BEST for you.
As we always say here, buying a real estate is actually buying into a lifestyle.So while we are talking about getting, you know, a physical property, we’re actually talking about designing your life.
So what are the 5 Things to Think About in terms of LOCATION when you’re actually buying real estate?
So, number one, we’ll talk about Schools.
You have to think about how far the school is from your home, how many schools are there for boys or girls. What’s the curriculum? Will it fit your expectations? How will the daily commute be like for you and the family.
You know, all of these things are quite important to plan because this will involve your everyday schedule (and the family’s schedule for that matter).
Second: Commercial Areas. Different types of real estate commercial areas should be accessibly near your residence. So, as far as commercial areas are concerned, we have two types. We have the retail and the office.
The retail comprises of things you basically need like groceries, bank, shops, mall; all of these things where you can buy your basic needs. The second type of commercial space which is called the office. It will also have to be accessibly located where your home is, so that you get back and forth from work quite easily. Doesn’t necessarily mean that it has to be near but as long as it is within a reasonable travel time, it should be okay for you.
Third: Church.
As part of our weekly religious duties, it’s also quite noteworthy to look at where the nearest churches are whatever your religion might be. It’s most important to actually design this also into your life, so that the family also gets to satisfy your chosen religion’s duties and responsibilities.
Number four. Road Network.
It’s important to look into the fact that accessibility to your home is quite good.
Sometimes, a salesperson will come and sell you something – it’s beautiful, it’s big, it’s not very expensive… sounds too good to be true right? But the problem is if there’s no access to your home, then it’s gonna be difficult.
It could give you a size that you like for a price that’s almost a giveaway but if you can’t access it, what good is it, right? One of the things that are important for considering your home is accessibility.
And number five, and I think this is the most important for me: LIKEABILITYor simply just ask the question – does your family like it?
Because if you’re gonna be moving out there and if you like it and the rest of the family hates it, what’s gonna happen, right? It’s important that the family loves the area. Is it gonna fit their lifestyle, too? Are the kids gonna have friends there? Is your wife gonna have an easy time moving around, you know, doing all the basic needs for the home, or probably back and forth from work? You know, all of these things have to be all filled out.
I hope this article gives you a better idea of what to consider in a location when buying your new home to make sure that you are able to maximize your budget, and also choose the property that BEST FITS YOUR INTENDED LIFESTYLE.
Thank you for reading and we hope to see you here again soon!
