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New Homebuyers: Quick Checklist in Buying a Home

If you are a new homebuyer, the below checklist is a great way to get started on the path to finding your new home. It outlines important questions to consider before you begin your search.

Geographic Location: Factors such as average home prices in the area, job opportunities in your field, proximity to family, and climate preferences.

City vs. Suburbs vs. Rural: Consider the type of area you want to live in, and what your needs are. Do you prefer the space that suburban living provides or do you prefer the closeness of city living?

What Kind of Home: Condos, townhomes, house, square footage and outdoor space – there are so many variables to consider. Are you a do it yourselfer when it comes to home maintenance or would you prefer the ease of care afforded with a condo? Remember condos and townhouses will probably have the added cost of a Homeowners Association Fee.

Neighborhood: Choosing the right area to fit your lifestyle and personality.

School District: An important choice if you have children. Are you looking for private or public school system, and consider the costs involved. Areas with good school districts will hold their value in future years and afford you larger purchase demographic when you go to sell.

Proximity to Work: Your daily commute, and how much time you are willing to drive or take public transportation in your everyday routine. Calculate the added costs of a long commute along your commute time.

Safety: Most would consider having a safe area to reside in a key factor in selecting an area. There are online resources that allow you to check crime rates for an area you are considering.

Friends and Family: Consider the people in your life that you would want to see consistently, or perhaps you are looking to move further away from family.

Leisure Activities: Free time is always something to consider. Do you want your new home to be close to sports, restaurants, shopping, culture, etc.?

Additional items to consider:

Research the Neighborhood: use the web to research facts and statistics- crime, income averages, education, etc.

Visit During the Day and Night: consider the neighborhood and the details of it during the daytime and nighttime and how it appears.

Potential Neighbors: look into the community and those that reside there.