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5 More Tips to Find the Perfect
Home
1. Buy what you can afford
It's easy to shoot for the sky and overspend when buying
a home -- you understandably want the best your money
can buy. Examine your finances, keeping in mind current
and future expenses, and
don't exceed your means.
It's smarter to buy a home
you can easily afford than
one you have to stretch to
get into. Stay down to earth,
and you'll be better prepared
should unexpected financial
commitments and problems
arise later down the road.
2. Think "home" first
When purchasing a home, don't imagine the dollar
signs you'll see the day you sell it. A home is just
that -- primarily a "home," and not an investment.
So, buy a place that'd be great to live in first and
think about its resale value second. Predicting real
estate cycles and home appreciation is tough
enough for the experts -- and much more for the
average home buyer. Plus, while home renovations
tend to add value to a residence, they rarely recoup
more than what was spent on them.
3. Look at both old and new
It's nice to move into a place that's brand-new.
But, new isn't always better. Consider both old
and new. While you might not like a previous
homeowner's decorating decisions, you might
like the owner-installed
upgrades -- like a finished
basement and a backyard
deck -- that a new home
might not have.
4. Location, location
You've heard this tip before, but a home's
location does matter. A house that's located on a
busy, noisy street may be less enjoyable to you
as a homeowner than one situated on a
quiet, secluded cul-de-sac. Plus, a home on a
cul-de-sac is likely to be worth more than a
poorly located one when it comes time to resell.
So consider a home's location before you're
smitten by a spectacular interior.
5. When it comes time to sell
While you want to think of your place as a home
first and not an investment, it doesn't make sense
to purchase a white elephant, either. You should
put at least some thought into how easy -- or
difficult -- it'll be to resell the home one day. If a
home is so unlike
other nearby homes in
terms of size, style, price,
etc., you might want to skip
it and look elsewhere -- it
could become a burden
should you want to someday
move on.
Randy Bett
Investment Realtor/Author/Investor
Real Estate Professionals Inc.
Better Group Real Estate
202-5403 Crowchild Trail NW
Calgary, AB T3B 4Z1
Phone:403-774-7464 Ext:1
Fax:403-208-0082
Toll Free fax:888-711-6801
Randy Bett
www.BetterGroupRealEstate.ca

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5 more tips to find the perfect home

  • 1. 5 More Tips to Find the Perfect Home
  • 2. 1. Buy what you can afford It's easy to shoot for the sky and overspend when buying a home -- you understandably want the best your money can buy. Examine your finances, keeping in mind current and future expenses, and don't exceed your means. It's smarter to buy a home you can easily afford than one you have to stretch to get into. Stay down to earth, and you'll be better prepared should unexpected financial commitments and problems arise later down the road.
  • 3. 2. Think "home" first When purchasing a home, don't imagine the dollar signs you'll see the day you sell it. A home is just that -- primarily a "home," and not an investment. So, buy a place that'd be great to live in first and think about its resale value second. Predicting real estate cycles and home appreciation is tough enough for the experts -- and much more for the average home buyer. Plus, while home renovations tend to add value to a residence, they rarely recoup more than what was spent on them.
  • 4. 3. Look at both old and new It's nice to move into a place that's brand-new. But, new isn't always better. Consider both old and new. While you might not like a previous homeowner's decorating decisions, you might like the owner-installed upgrades -- like a finished basement and a backyard deck -- that a new home might not have.
  • 5. 4. Location, location You've heard this tip before, but a home's location does matter. A house that's located on a busy, noisy street may be less enjoyable to you as a homeowner than one situated on a quiet, secluded cul-de-sac. Plus, a home on a cul-de-sac is likely to be worth more than a poorly located one when it comes time to resell. So consider a home's location before you're smitten by a spectacular interior.
  • 6. 5. When it comes time to sell While you want to think of your place as a home first and not an investment, it doesn't make sense to purchase a white elephant, either. You should put at least some thought into how easy -- or difficult -- it'll be to resell the home one day. If a home is so unlike other nearby homes in terms of size, style, price, etc., you might want to skip it and look elsewhere -- it could become a burden should you want to someday move on.
  • 7. Randy Bett Investment Realtor/Author/Investor Real Estate Professionals Inc. Better Group Real Estate 202-5403 Crowchild Trail NW Calgary, AB T3B 4Z1 Phone:403-774-7464 Ext:1 Fax:403-208-0082 Toll Free fax:888-711-6801