Buying #6: Finding the location
Now that you are prequalified for a loan, we can start talking about looking for a house.
The first step in looking for a house is to determine the location. One of the top reasons in determining a location is the school district. Most people who do not have children do not consider this factor. However, I have many clients who sell their houses with me tell me that they are selling in order to move to a school district they prefer. Inevitably they will tell me that had they researched the school systems when they bought their house, they would have bought in the district they preferred in the first place. “We didn’t know,” they say. “We were just looking for a house we liked.”
So I am telling you so you will know. Check out the school districts. Ask your friends with children and see what they say about the schools. Even if you end up not having children to take advantage of the school district, don’t forget that resale value of your home has a lot to do with the value of the location within preferred school districts.
There are other things you need to remember when looking for the location. How about your commute? Why look at the house’s proximity to your workplace? Read on to find out!
Want to jump quickly to the other Buying posts? Here’s an index to help you out.
#1: Getting ready to buy
#2: Looking at finances
#3: Checking your credit
#4: Qualifying for a loan
#5: Determining the price to shop for
#6: Finding the location
#7: Proximity to your workplace
#8: Choosing your agent
#9: Cautions in the search
#10: Moving into your new home
Straight Talk About Real Estate » Buying #5: Determining the price to shop for Said,
September 1, 2007 @ 5:22 pm
[...] Once you have the price, you need to look for a house. Where do you start? What should you consider in deciding on a location? Read on to find out! [...]
Straight Talk About Real Estate » Buying #4: Qualifying for a loan Said,
September 1, 2007 @ 5:24 pm
[...] finances #3: Checking your credit #4: Qualifying for a loan #5: Determining the price to shop for #6: Finding the location #7: Proximity to your workplace #8: Choosing your agent #9: Cautions in the search #10: Moving into [...]
Straight Talk About Real Estate » Buying #7: Proximity to your workplace Said,
September 1, 2007 @ 5:26 pm
[...] determining the location you want to buy in, a primary consideration is the proximity to your [...]
Straight Talk About Real Estate » Buying #9: Cautions in the search Said,
September 1, 2007 @ 5:30 pm
[...] finances #3: Checking your credit #4: Qualifying for a loan #5: Determining the price to shop for #6: Finding the location #7: Proximity to your workplace #8: Choosing your agent #9: Cautions in the search #10: Moving into [...]