Sunday, May 29, 2011

5 Things you must know before you buy a house

We've been recently discussing the possibility of purchasing a new home for our family.

We have been in this present home for 11 years now. It was a custom build for us and it's been enjoyable to decorate and renovate each room to everyones liking. The home has served it's purpose very well over the years but it has become "crowded". In all honesty, we weren't sure how long we would be in this house. Presently Nikki has her own room but the twins are sharing a room. They're okay with it now but it won't be long and that will change. They're going into grade 8 next year.

Our house is a modern 2 story with earth tone colors. The yard is well looked after with an above ground pool in the back yard. In the basement family room we have a home theater setup. That is my baby. I love it!!!! Hi definition projector with big screen.

I have been scouring the local real estate websites for homes for sale. We have a pretty good idea of what we want and where we want it. That got me thinking of things to look for when we do decide on a new home. I came up with my top 5 list when you are ready to buy. It's a huge decision and getting it right can enhance your families enjoyment.

-location of property
-structure of property. Is it sound?
-price and your budget
-Can selling and buying be done by yourself or do you perfer an agent to handle the sale?
-decoration of the home

We have a pretty good idea where we would like to purchase. We are in the process of determining our qualified mortgage amount. Decent homes do not last very long in our city. The area is seeing plenty of increased demands when it comes to real estate. We aren't in any rush to purchase but the "what if" discussions have started.

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