When you’re house hunting, you usually check out plenty of places that are either total duds or just aren’t quite right. Of course, every so often that one property comes along that is, for lack of a better word, perfect. It’s got all of the charm and style that you want in a home, and it seems to fulfil all of your needs. Of course, just because a house seems perfect doesn’t mean that it’s going to be right for you in the long run. A home is simply too big a purchase for you to be making your decisions based on your emotions and not rational choices. With that in mind, here are a few questions that you have to ask before you decide to buy your “perfect” home.
Can you afford the maintenance?
For a lot of people, the idea of a home having charm, character, personality, whatever you want to call is, is one of the most important factors to consider. This usually means that you’ll end up looking for an older property that’s a little more distinct from the others on the market. However, if you do decide to go that route, you need to think about the expenses that can come with it. Older houses often mean that you have to deal with things like oil tanks for the heating systems, or even a coal burner as your only source of heat. Not only that but you may end up having to do more repair work on the property because it’s so much older. It’s crucial that you make sure that you’re ready for that kind of financial responsibility.
What’s the location like?
Just because the property is perfect doesn’t necessarily mean that it’s in the perfect place. The truth is that the location of your home should be as much of a factor as anything else. Make sure that you not only check out and research the area that the property is in but that you visit at different times of the day. That way you can get a better idea of what living there would actually be like. Plenty of places seem incredibly peaceful during the day but can have serious noise problems at night.
Can you actually afford to buy it?
Of course, the one thing that you must never do is let your desire for a particular property blind you to the financial realities of trying to actually buy it. Ask yourself, can you really afford to buy this house? And that doesn’t just mean that you’re able to take out the mortgage to buy it, you also need to think about whether or not the resulting repayments are something that you’re able to budget for. Your perfect home isn’t going to be quite so perfect if you have to starve yourself to be able to afford to live there.
Of course, this doesn’t mean that you should only be practical when looking for a home. There are plenty of places that you’ll visit that will be ideal on paper but just won’t feel quite right. There’s nothing wrong with going with your gut, just don’t don’t let your heart do all of the decision making without consulting your head first!