Home shopping can be both exciting and stressful. You will likely view many homes, and find pros and cons with every one you see. So how do you make the right decision? How do you know when you have found the right house in New Orleans? In our latest post, we will help you consider some key factors to find the perfect home.
While a buyer’s agent can help you navigate the home buying process, we recommend doing as much research as possible on your own. You don’t want to find yourself stuck with an agent, or looking at only one type of property. Consider your multiple purchasing options before deciding on a property to buy in New Orleans.
Before Looking At Houses, Make A List
Write out what you want to see in a property, and refer back to this list often. Separate wants and needs, and get input from your family to consider what will make everyone happy. Those will go at the top of the list. If you come across something that isn’t on your initial list of must-haves, you can probably do without it.
On the list, consider things such as commute times and school bus schedules. If you are not willing to commute more than 30 minutes, write that down and stick to it. You will likely regret budging on the commute time when you find yourself sitting in traffic for an hour on your way home every day.
Don’t Spend More Than You Can Afford
When buying a home, it’s important to have a strict budget in place. Aim to spend less than what you’ve set aside. Take note that owning a home is much more than a mortgage payment. There are taxes, insurance, and maintenance expenses that you may not have had before. You should budget for any higher utility costs, potential changes you want made to the house before moving in, and a reserve for the unknown. You don’t want to purchase a house, only to find you are in over your head.
You’ve Considered Both On and Off-Market Properties
Leave no stone unturned when trying to find the right house. Consider properties on the MLS as well as off-market properties that aren’t always available to the general public. Working with a company such as Louisiana Direct Home Buyers will help you find these off-market properties that can ultimately turn into excellent New Orleans investments.
You’re Also Buying Into The Area
When you are buying a house, you are also buying into its location. You can change how a home looks, but you can’t change its location. The neighborhood should be a great place for you and everyone who lives under your roof. Are you looking for great schools? For family recreation? Think about what’s important in the neighborhood before making a purchase!
Are you thinking about buying a house in the New Orleans area? If so, we would love to help you find the property you’ve been looking for! Send us a message or give us a call today! (504) 224-9066