Buying?
- Buying Your Home
- Choosing the Right Home
- Consideration When Selecting a Home
- Location, Location, Location
- Economic Stability
- Local Government Services
- Schools
- Property Taxes
- Property Value
- How Do I Choose the Right Neighborhood?
- Ready to Purchase
- What is a sellers' disclosure?
- What is homeowners' insurance?
- Moving Checklist
Consideration When Selecting a Home
Economic Stability
When choosing a community, it only makes sense to select something in a city or town with a viable and stable economy. You want to know, or at least reasonably estimate, that in 5, 10, 15 years, when you want to sell your home, the location you've selected is still a desirable one. Look for telltale signs such as community organizations or neighborhood activities. You may also want to look into the surrounding commercial area. Are there reputable companies doing business in the area? This can translate into local jobs as well as money to maintain the community.
Local Government Services
Another important factor when looking at homes is the local government. You may want to check out the local branch of the library or the post office. Do they appear safe and clean? Also look into local crime statistics and compare them to the national average. What about community features? Are there recreation centers, youth programs, and parks? There are many factors that need to be considered.
Schools
One of the most important factors for many parents is the local school system. If you do not have children, this may not seem of consequence to you. However, keep in mind that when you intend to sell the home, it may be a sticking point, so proceed with caution. Inquire to find out more about the schools. Find out how they are rated as compared to other local schools. Is there the option of going to a different public school other than the one for which the address is zoned, or are the zoning laws strict? Are the schools overcrowded? Much of this information can be found free of charge on the Internet.
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