Before you spend your hard-earned money on a new property, you should take some time out of your schedule to investigate about the property. Make sure that you consider the following points:
1. CHECK THE NEIGHBORHOOD INFORMATION ONLINE: If you are already familiar with that region, then you can easily skip this step. But if you don’t have much information about your new neighborhood, then you should go through the websites of the local papers, read the community sites to find out all the recent activities and the upcoming developments in that area.
2. CHECK THE CRIME RATE OF THAT AREA: This a very important step. No one wants to move to a dangerous area. You can easily find the crime rate of anY area by visiting the local police station, there are also many websites which can help you in this regard.
3. VISIT THE PROPERTY AT DIFFERENT TIMES: If you really want to have a proper idea about any place, then you should visit the area at different times of the day. There are many places which are quiet in the morning but gets crowded at night; the opposite can also happen.
4. HOME INSPECTION: You should get a home inspection done to check whether all the electrical, plumbing and HVAC systems are working properly or not. You are spending lots of money on the property, hence you should be aware about the existing situation of the heating plumbing system. Furnace prices are very high currently, hence make sure the furnace of the house is in good condition.
5. TEST YOUR COMMUTE: Similarly, in order to check out the traffic situation of any place, you should visit it on all the days. If you visit your property only during weekends, you will be completely unaware of the traffic situation during rush hour, which can eventually have a great impact on your decision to buy the property.
6. LOOK OUT FOR LOCAL AMENITIES: You can use Google Maps or you can talk with the local people to find out all the recreational activities within that area. If you are fond of any specific activity like tennis or swimming, then check how far you need to go for such facility.
7. CHECK WHETHER THERE IS ANY SCHOOL NEARBY: Even if you don’t need a school near your home, you should always buy a property which has a school near it. .It increases the value of your property, so that you can sell it off at a good price in the future. Also, school areas are usually safe.
8. CHECK FOR NEIGHBORHOOD AMENITIES: If you are buying a property within a homeowners association, then you can find out all the cultural and the recreational activities that take place within the community. Even if you are buying a property in any area without an association, there are usually many activities in each neighborhood like gatherings or sports leagues.
9. TALK TO THE SELLERS: If you want any information about your property, then obviously your sellers will be the best option. You can ask them about the renovations they did and also tell them about your plans to renovate further.