Condos are great for
when you're single. However, when you get married and start a family,
your once spacious single bedroom condo may not be large enough to
accommodate the jump in the number of residents. As such, most people
begin to look into purchasing a house off the real estate market.
Before looking at
houses, it would be a good idea to get an updated copy of your credit
report. A good credit standing can help attract sellers and real
estate agents. This also makes applying for mortgage loans a faster
process, and allows you to correct any mistakes.
As always, location is
important when it comes to real estate. Try to choose a house in a
convenient location for you; know how far it is from your office,
your child's school, etc. Homes that are too far may require you to
spend more for transportation which will only inconvenience you.
Also, it's advisable to
be present as the house inspector goes from room to room in order to
get a clear understanding of any problems present in a house. This
will give you a better sense of any repairs or changes that may need
to be made if you decide to purchase a house. The results of a house
inspection can also be used as a bargaining tool. If the owner or
agent does not allow you to hire a house inspector to assess the
house, cross it off your list and move on.
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