Question

What should you consider when you evaluate available housing purchases?
Will fan and medal

Answer 1

you should mathematically evaluate the financial benefits of renting if you decide to buy, you will likely obtain a mortgage loan and before u make a choice see if u can positively make payments without goin into debt that then loxers your credit score with noone really needs (:

Answer 2

Location is critical. Not just the pretty view (or not) outside your window, but whether the neighborhood is safe, are there good schools, is the general area in growth or decline, etc. You also want to make sure the house is up to building code - wiring, plumbing, insulation, etc. Another thing to consider is can you actually afford the place (taxes, mortgage, insurance) and how long you intend to live there? If you feel you can sell it in 5 or 10 years for a profit or if you'll just stay there for 30 years. What are your immediate neighbors like - loud college students, family with little kids, quiet old couple, etc? Sooo many things to consider when buying a home. That's hardly a complete list.

Answer 3

thank you

Answer 4

You should ask your family members about this - aunts, uncles, parents/s. They may have some good insights. This calculator is EXCELLENT and I personally have used it: http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?_r=0 :)
Another thing to look for is any sort of tax breaks you could get for purchasing, if you're near or in a city there are almost always ways to get various incentives or discounts from buying a home in certain areas. The kind of loan you're going to get is important too - is the house a short-sale, forclosure, etc? Oh man. It's crazy.

Answer 5

thank you very much

Answer 6

yes i agree! stay safe and good luck :D