by Mubanga Sampa 
What To Consider When Buying A House
Buying a house is an extremely exciting experience. Mostly it is the culmination of lots of hard work and massive savings. This is quite simply a significant financial decision. The house needs to meet all of the buyer’s needs and offer much-needed comfort. As it is a long-term investment the buyer has to be absolutely sure about the house before putting pen to paper. Here are things for consideration before buying a house.
Location
An ideal house is strategically located near social services. Social services include water, electricity, roads and hospitals. Proximity to work and schools should also be considered.
Area
Pick areas with low crime rates and with easy access to police stations. Be certain of the people in that area and their activities.
Land Title
Insist on inspecting and verifying the approved land title on which the house stands. This should be done before parting with money.
Price
Do not over-extend yourself financially! Buy a house that you truly can afford and within your budget. Keep in mind that the purchase price is just part of your ultimate costs. Consider all of the costs associated with your potential new house. These costs include real estate taxes, homeowner association fees, house improvements and maintenance.
Use a Trusted Realtor
Pick a Realtor that comes with solid recommendations. They must be an expert in the area you intend to buy. Furthermore they must possess years of successful representation among buyers.
Loan Worth
Consider your loan approval numbers and your down payment options. This gives you a clear idea of the sort of mortgage you’re eligible for and what it can buy you. This is an important step as it dictates how much you need to consider for a down payment.
Home Inspections
Home inspections are not just mere formalities they are necessities. You need to know what issues are uncovered during the inspection. Issues could include out-of-date wiring, foundation problems, and roof and structural damage. Knowledge of such issues helps you make more informed decisions.
