Why And How To Research A Home Before You Buy It

There are some mathematical formulas that can be used to help you determine how much of a mortgage you can qualify for and actually afford. Click here.

Why And How To Research A Home Before You Buy It

26 January 2017
 Categories: , Blog


When the time comes for you to purchase a home, you may want to start by looking through real estate listings. This will give you an idea what homes are for sale and the prices they are asking, but there are other steps you can take when you locate homes you would like to view. These other steps will help you research the homes and their neighborhoods before you even view the homes, and this could help you narrow down your search even more.

Why should you do this?

Spending some time researching a home and its area before you even look at it can be beneficial in several ways. The research will first of all offer insight as to the home's value. Researching the home will also help you grasp an idea of what the neighborhood is like, what amenities are located nearby, and how the schools are in the area. These are all important things to know about a house before you buy it, and the information you find out may even help you know which homes to avoid looking at.

What are the things you should research?

There are many things you can research about a home and many ways to do this, and here are some ideas for you to consider as you begin finding homes you like on real estate listing sites:

  1. Value – There are websites that allow you to type in an address to gain more information about the home at that address, and one of the main things these sites will tell you is the value of the home. While the value on these sites may not be exactly correct, it can give you a good idea as to how much the house might be worth.
  2. Crime statistics – Some websites also give you a breakdown on crime in a particular area, which might be really important to you if you have children.
  3. Ownership records – You can also access ownership records of a home you are interested in, and these will tell you how many owners the house has had and how long each one lived in the home. This can raise red flags on a house if you discover the house had new owners every couple years.

When you take the time to research homes you are interested in, you can learn more about them. For more information, contact local professionals like The Home Town Team at RE/MAX Integrity.

About Me
how much of a mortgage can you afford?

I have saved up for a down payment on a house for the last ten years. Each week, I would take 10% of my paycheck and put it in a special savings account that I could not access. Once I finally had enough money put away, I began looking for houses in the area that I could afford. But, what could I really afford? How much of a mortgage could I qualify for? There are some mathematical formulas that can be used to help you determine how much of a mortgage you can qualify for and actually afford. My blog will teach you how to make this determination.

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