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Choosing a home involves
narrowing
your home search by identifying neighborhoods that are right for
you, not allowing emotions override good judgment, and making a
strong offer.
Here
are a few questions you'll want to ask yourself before you rush into
a commitment to buy:
Price
Your lender
says you can afford to buy the home you adore, but are you
comfortable with the monthly payments you'll be obligated to make?
Is the down payment within your means?
Condition
Along with price, the condition
of the home should be a top consideration. Does the home need a new
roof? Extensive upgrading of the electrical wiring? New
plumbing?
Size and
configuration
Is the house the right size
for your needs and does it have the right combination of bedrooms,
bathrooms and other living areas?
Comfort
Does the house have a central
heating system? A central air-conditioning system? Are those climate
controls important to you? Are the windows large enough and
positioned to create cross ventilation?
Style
Is the design and architecture
of the house too modern or too traditional for your preferences in
furniture and home furnishings?
Resale
potential
People move to a new home
every seven years, on average. If you wanted to sell your home or
were forced by unexpected circumstances to sell it, how easy would
it be to find a ready, willing and able buyer?
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