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DO
Take the time to analyze what you feel are the most important features
of a home; and then decide not to settle for less. For example, if you
currently struggle with having a one-car garage, be sure you tell your
agent you want a two-car garage in your new home.
DON'T
Purchase a
home that is considerably more expensive than the surrounding homes. The
lower priced homes will likely lower your own home's value.
DO
Investigate
the local school system. Whether you have school aged children or not,
school systems do have a dramatic effect on the value of residential
real estate.
DON'T
Be too quick
to purchase a home on a busy street or one that adjoins any
non-residential structures. The reason that you may be able to purchase
one of these homes at a lower price is the same reason that a subsequent
buyer will expect a price concession from you.
DO
Study the
floor plan to be sure that it has the number of bedrooms and bathrooms
that are normally desired in that particular price range. For example,
subsequent buyers will likely expect a two-story home to have at least a
half-bath downstairs.
DON'T
Buy a home
because of the decor alone. Make sure the home also has the more
permanent features that you need. You don't want the carpet and
wallpaper to distract you from noticing that
a home has plumbing
problems.
DO
Investigate
the ongoing costs of owning this particular home.
This includes factors
such as the taxes, utilities, and maintenance costs. You may be able to
afford to buy it, but unable to maintain it.
DO
Seek the help
of a competent Realtor who can guide you through all the phases of the
home buying process.
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