Things To Consider When Buying A New Home

by on March 21, 2017

By hiring a qualified, experienced property inspector who charges a fair fee you can get your property properly inspected before you purchase it. Have you finally decided on buying a house of your own? It is an important milestone of your life and also a huge investment so you need to be entirely sure of your decision. Buying a home could seem exciting but it could get stressful too, considering the amount of visits you have to make, real estate agent fees etc. So to make the decision easier, here are some of the factors you need to consider pest and building inspections services at Newcastle when buying your dream home.

  • Finances
    This the most obvious factor since there is no point looking at houses that you can’t afford. Set a clear budget and mention it to your realtor, so that he could show you houses only in that range. However, they can get very cunning; after showing you houses in your price range, at last they will take you to an amazing house slightly above your budget. You are sure to fall for that trick so be mindful. Along with the increase in price comes higher utility bills, maintenance bills etc. So consider all of this and select your home. The last thing you need is regretting your decision and being in debt for the rest of your life.
  • Location

    Location and neighbourhood you choose to live in is totally up to you. You could either choose to live on the beach or in a farmhouse or even a luxury apartment right in the city. The location you choose will depend on your lifestyle. Consider the distance to and from work so that you don’t spend hours on the road stuck in traffic. You should also consider your neighbours and surroundings. You really don’t need nosy, annoying
    neighours the rest of your life do you?

  • Status of the house

    Well, if you are buying a brand new house then you need not worry too much. However, if you are buying a used house, you need to check the current status of the house to ensure there will be no problems in future. Check for any water pipe leaks, problems in wiring, heating etc. Make sure you do a pre purchase building inspection so that you could locate all these problems. Home inspection is a must.

  • Future needs

    You need to buy a house according to your future plans. If you are planning to stay forever in your home, then you’d have to consider space for your kids. If you want to have your own office, check if there is office space in your home. Tell your realtors and new home building inspections the requirements you are looking for so that they could recommend such houses to you.

  • Return on investment
    Since your investment is pretty huge, you need to carefully analyze the costs and benefits of the property. If you have major renovations and remodeling ideas that would increase its value, consider such costs and check if you could sell the house for a price to cover that in future. Also choose a location where property values seem to be rising in future.