4 Savvy Home Buying Tactics to Ensure the Best Quality for the Cost

4 Savvy Home Buying Tactics to Ensure the Best Quality for the Cost
  • Opening Intro -

    Buying a home should be about more than finding a place that feels right.

    Though sentiment certainly matters, you also want to make a solid financial decision.

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Below are just a handful of the things that savvy home buyers look at to find a home that’s worth the cost.

Check Out the Utilities

This is a really forgotten area for those who get excited about buying a new home, but it’s also one of the most important things that you can check.

Ask about what you’re actually going to pay each month in terms of utility bills. If the bills are unusually high, you might be looking at a property that has outdated systems or other problems.

The closer the price is to average for the size and the area, the better off you’ll be.

Look at the Land

Yes, the land that your new home occupies really does matter. Take some time to talk to a real estate agent about what it costs to buy a parcel in your region to figure out if you are paying more for the property or for the house on which it sits.

If the value of land in the area is going up, you’ll most likely end up getting a better deal by buying sooner. Things that can affect the value of the land include what amenities are nearby, scenery, and how close it is to the coast. Coastal properties especially are often high in value regardless of other factors.

Check for a Garage

Yes, garages are typically used to store cars. A house with a garage, though, actually has a great deal of extra value for a few reasons. Not only does it guarantee that you’ll not have to worry about finding parking, but it will allow you to pay less for your auto insurance every month. As a bonus, garages make great storage spaces, something that allows you to maximize the square footage of the home.

other valuable tips:

Check the Foundation

Finally, make sure that the home you buy is on a good foundation. While foundation issues might take some time to show, it’s best that you check for them before you commit to buying. A bad foundation is going to lead to very expensive structural issues, which will in turn greatly devalue your property. If you want to get the most for your money, you have to check the foundation on which the home rests.

Don’t be afraid to get a home inspected before you buy it. You need to know the shape the house is in, how its systems work, and if it’s actually worth the price that you’re being asked to pay. If the numbers line up, you’ll be rewarded with a home that’s a great fit for your needs and your bank account.

Image Credit: home buying tactics by Pixabay

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Consumer Tips reference:

GUIDE: turn your home into a bank

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Categories: Home Buying

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