Keller Williams Arizona Realty

A Few Considerations When House Hunting

by Maureen Tatum 06/02/2019

Once you’ve made up your mind that you want to buy a house, either to decrease your rent or increase your income, the next hurdle will be choosing the right property. You will find no shortage of glossy brochures or recommendations from all sides telling you why this flat or that house is best for you. So, which of the many voices should you pay attention to? Here are some guiding principles to help you make the right choice:

What are your home ownership goals?

Why do you want to buy a house? Do you want to live in it for the rest of your life, or is it just a place to start as you save up for your dream home? Is it your retirement paradise or is it an investment that you will flip for a profit after a year or two? Alternatively, you could just be in the market for a getaway cabin for your family.

Problems or challenges you’re dealing with in your current residence may contribute to some of these goals. Put them down in a list as some of the criteria any potential new home has to meet.

What kind of neighborhood do you want to live in?

If you’re buying a dream home or retirement retreat, this will be particularly important as this is where you’ll be spending the rest of your life. You want to live in a place where your neighbors hold dear the same aesthetic values as you. If you enjoy your peace and quiet, you might not want to live in an area where residents are allowed to hold loud parties until the wee hours. 

How seriously is security taken in that neighborhood? How clean is the area? Is there a management committee or neighborhood association that looks into such issues?

Have you exhausted your options?

Before you seal any deal, ask yourself, “Can I do better?” You may have found a house that nearly checks all your must-have boxes, but there could be one down the street that does the same at a considerably lower asking price. Don’t assume there’s no better deal out there. Be willing to keep looking even if you feel you’ve been scouring the market for too long.

Write down your home ownership goals and hold them up against all the homes you’re considering for purchase. Make sure your real estate agent understands your goals so they can help you find the best home.

About the Author
Author

Maureen Tatum

I pride myself in providing exceptional customer service to my clients by responding back to them quickly and addressing their own unique needs. I have been involved in real estate in the Phoenix area for over 25 years and I look forward to helping you sell your home or finding you a beautiful new one. Unlike other realtors, I am also a licensed Real Estate Appraiser, which gives me a unique in-depth background and a more complete understanding of the industry. My goal is to make your transaction as seamless as possible, while minimizing any surprises along the way. I would love to hear from you, please call or text me at 602-750-8711.