Top 12 Home Buying Considerations

1.  Location

They say the three most important things in real estate are location, location, location! There are many things that can be changed, upgraded or improved after you purchase a home, but the location is not one of them.

2.  Realtor

Don’t go it alone. You want someone who can find you a home and guide you through the entire purchase process with your best interest at heart. Best of all you don’t pay a thing, as the commission is paid by the seller.

3.  Real Estate Market

The Denver metro area is in a Seller’s market, so it pays to be patient. You will receive alerts when new properties come on the market and I’ll also be looking for homes on your behalf. We’ll want to take a look at new listings as soon as possible.

4.  Neighborhood

Make sure the neighborhood meets you expectations. Take a look at the neighborhood at different times of the day, on nights and weekends to get a better feel. Talking to the neighboors is also a great way to learn more about a particular home and neighborhood.

5.  Mortgage

It’s a good idea to get pre-approved prior to looking at homes, this way you will know how much home you can afford. You will definatly need it when making an offer on a home, as Sellers will want to see a pre approval letter to make sure you are qualified.

6.  Home Inspection

You’ve found a home and have an accepted offer, it’s exciting times, but not so fast you’ll want to have an inspection done. You don’t want to get stuck with a money pit or unexpected repairs.

7.  Shape and Size of Rooms

Take a close look at the size and shape of the rooms. Will you and your furniture fit comfortably? If the home is empty it can be hard to visualize if your furniture will fit, so bring a tape measure or use mine.

8.  Parking

Is there adequate parking for you and your family and guests? Does the HOA allow parking on the street. Will your vehicle fit?

9.  Storage

Is there enough room to store your sporting equipment, holiday decorations and grandmas hand me downs? You can never have enough storage. Closets

10.  Kitchen and Bath

Pay special attention to the kitchen and bath. Are they in good shape and functional? These are the two most costly rooms in the home and you wouldn’t want to get stuck with any unwanted repairs or updates!

11.  Your Commute

While we’re talking about rush hour, why not test out the morning commute to your work? It might seem silly to do a rush hour commute from a home you’re only considering, but think about how much time you’ll spend commuting day after day. It’s a major quality-of-life issue, so it deserves some consideration.

12.  The Future

It’s impossible to predict the future of a home or neighborhood, but pay attention to the area. Any future developments, widen a road, potential to become a major road, highway through the back yard, zoning laws for the home and surrounding area, what about that vacant lot across the street,