1. Do you need to move a lot?
The prime reason that people buy a house is that they consider paying rent to be like throwing money away. However, there are several circumstances in which paying rent is actually better. If you shift jobs frequently wherein you have to keep changing bases, or if you move or travel a lot for long periods, it might be better to get a rented apartment.
2. Inspect the Property thoroughly
Check every single light switch. Flush the toilet several times to make sure it works. Sniff around for mold or animal odors. Open up and inspect every cabinet and cupboard. Knock on walls to ensure they’re not hollow. No matter how ideal the home seems, if you find anything out of place, either get it looked into before putting the money down or get a new place. If you love the place, you might be tempted to ignore small flaws. But that will only hurt you in the long run.
3. Don’t allow yourself to be rushed
Real Estate salesmen might show you how “perfect” a property is before telling you about a bidding war or about how someone else is on the verge of buying it. If you feel like you’re being rushed into making a hasty decision, then back away. You can’t make such a phenomenal decision at a rush.
4. Do you really want a garden?
The idea of owning a house with a garden is immensely appealing. However, owning a garden is a lot of work. If you want it to continue looking pretty, you’ll either have to hire someone or spend all your weekends mowing the lawn and weeding. If you’re experienced at that and are willing to make the effort, then great! However, if you have no experience with it, maybe it’s best not to get a garden.
5. Get a Legit Home Insurance
No matter how careful you are with the purchase, and no matter how ideal the house is, you should always prepare for the worst. Houses and homes may cave in for a number of reasons, due to natural calamities, accidents, man-made disasters, etc. As such, you must get a home insurance
so that you won’t lose everything in case of such a disaster and will be fairly compensated.
These are some of the major factors you should keep in mind when you’re buying a home. Having said that, happy home hunting!