By Dez Duran-Lamanilao
Buying a house is something that people should take seriously. After all, it is a huge investment that requires contemplative thinking so costly mistakes can be avoided. Whether you are starting a family or just need to relocate, a few tips can go a long way :
- Conduct an ocular inspection of the house and the surrounding area. Check the location’s accessibility to major establishments, level of security maintenance, and whether it is prone to flooding or wildfires or near the fault line.
- Seek the assistance of a qualified professional. A licensed builder, a surveyor or an architect can find out about possible defects or problems that you may not be aware of. It will incur additional cost, but it might save you from being forced to spend on unforeseen expenses in the future that a professional could have found out in the first place.
- Negotiate and decide effectively. Try to get the best deal and always be in control of the situation. Don’t allow yourself to be pressured by others. They may mean well, but it will be you who will shoulder all the expenses and face the challenges along the way.
- Look for a trustworthy agent. Someone who can make constructive feedback without sacrificing his/her own personal intentions can make a lot of things easier for you.
- Compute, compute and compute. On the financial aspect, make sure that you can really afford paying for the house on a long-term basis. Bear in mind that aside from mortgage payments, you also have to pay for property taxes, remodeling and maintenance expenses, and other miscellaneous costs. Do not forget to get the best house insurance there is for protection in the event of a catastrophe or theft.
And while you are seriously doing these aforementioned tips, take a moment to smile and imagine the positive benefits of having your own home. Make it a memorable experience and believe that it will be one of the best decisions you will ever make in your life. Happy buying!