WELCOME TO CHAMAN LAW FIRM - YOUR PREMIER LEGAL PARTNER IN NIGERIA - 08065553671

WHAT ARE THE ESSENTIAL THINGS TO KNOW WHEN PURCHASING A HOUSE

The essential things that you should know when purchasing a house.

CHAMAN LAW FIRM

5/11/20249 min read

WHAT ARE THE ESSENTIAL THINGS TO KNOW WHEN PURCHASING A HOUSE

When buying a house, everyone has priorities. The buying process is complex and takes time, and it’s easy to get off track. Having written priorities is a helpful way to guide you through the process without forgetting some of the features that are important to you and your family.

Your realtor will also want to understand your prioritized list. Understanding which features mean the most will help eliminate houses that won’t work for you and compare the homes that will. Buyers want to find a location that allows easy access to the places they frequent the most (work, school, shopping, recreation, place of worship, friends and family). Look for easy access to the main roads and check traffic flow.

Checking this out before a purchase can help save you from hassles getting out of the neighborhood and onto the main thoroughfare or from an unreasonably long commute.

Location

The location of the home within the neighborhood is also important to many people. Some people prefer a lot near the main entry, while others like to be away from traffic and further into the development. If there is a park, pool or recreation area, some owners would choose the closest available lot. Cul-de-sacs are favorgb(255, 0, 0) by some, and some people like living on the main boulevard. Talk about your preferences, and ask your realtor if certain lot locations bring a higher purchase price.

Size

Many people give little thought to the size of the lot the house sits on. Within a neighborhood, the lot sizes might be fairly similar. Once you’re going to showings and looking at what’s available, you’ll soon see if you have a clear preference of large or small, corner or interior.

Some lots are pie-shaped; some are rectangular, and some are irregular in shape. Depending on the level of privacy, how you will use the lawn, and the length of the driveway, this might matter to you. If there seems to be a question about where one lot ends, and another begins, check the lot description and dimensions with your realtor. If you find a house that includes two lots, think about the possibilities. If the second lot is buildable, you could possibly add another building (extra garage, workshop etc.) or you might split the property, build a second home and sell it, or sell the lot as is.

Number of Bedrooms

When buying a house, everyone has priorities. The buying process is complex and takes time, and it’s easy to get off track. Having written priorities is a helpful way to guide you through the process without forgetting some of the features that are important to you and your family.

Your realtor will also want to understand your prioritized list. Understanding which features mean the most will help eliminate houses that won’t work for you and compare the homes that will.

In this article, we’ll discuss about things to consider when buying a new house. Each will rank differently in importance for individual buyers, but all points are worth examining. If you haven’t already thought seriously about these factors, now is your chance.

And, if you’re buying the home with your special someone, talk it over to make sure you agree on the importance of each feature. Let’s check it out.

Here’re 10 important features to consider when buying a house.

Table of Contents:

1. Location of the house

2. The size of the lot

3. Number of bedrooms

4. Number of bathrooms

5. The Kitchen layout

6. The age, style and condition of home appliances

7. Age of the house

8. The price

9. Seller’s incentive to sell

10. Maintenance mode

1.      Location of the house

Buyers want to find a location that allows easy access to the places they frequent the most (work, school, shopping, recreation, place of worship, friends and family). Look for easy access to the main roads and check traffic flow.

Checking this out before a purchase can help save you from hassles getting out of the neighborhood and onto the main thoroughfare or from an unreasonably long commute.

The location of the home within the neighborhood is also important to many people. Some people prefer a lot near the main entry, while others like to be away from traffic and further into the development.

If there is a park, pool or recreation area, some owners would choose the closest available lot. Cul-de-sacs are favorgb(255, 0, 0) by some, and some people like living on the main boulevard. Talk about your preferences, and ask your realtor if certain lot locations bring a higher purchase price.

10 Important Features to Consider When Buying a House

10 Cheapest Places to Live in California

If we look beyond the best-known cities, we will find many communities where you can own a piece of the Sunshine State and stay within our budget. Many of these offer not only affordability, but also low crime rates, good employment opportunities, housing availability, recreational opportunities and educational facilities

2. The size of the lot

Many people give little thought to the size of the lot the house sits on. Within a neighborhood, the lot sizes might be fairly similar. Once you’re going to showings and looking at what’s available, you’ll soon see if you have a clear preference of large or small, corner or interior.

Some lots are pie-shaped; some are rectangular, and some are irregular in shape. Depending on the level of privacy, how you will use the lawn, and the length of the driveway, this might matter to you. If there seems to be a question about where one lot ends, and another begins, check the lot description and dimensions with your realtor. If you find a house that includes two lots, think about the possibilities. If the second lot is buildable, you could possibly add another building (extra garage, workshop, etc.) or you might split the property, build a second home and sell it, or sell the lot as is.

10 Important Features to Consider When Buying a House

10 Most Affordable Places to Live in Florida

With year-round warm weather and over 8,000 miles of coastline, it’s no wonder Florida is a prime vacation destination. Filled with wildlife, beaches, lakes, rivers, amusement parks, diverse entertainment options and much more, the population of Florida is growing with people that want to call Florida “home,” soak up the sun.

3. Number of bedrooms

Number of bedrooms, bedroom size

Each family will have an idea of how many bedrooms they would like. Most people will want at least two, and if there are children, the number increases.

Some families like their kids to share bedrooms, while others like separate bedrooms for each to accommodate different bedtimes and study habits. If you have regular visitors for any length of time, it’s nice to have a bedroom that is designated as a guest room.

An extra bedroom often doubles as an office, den, kids’ playroom, or exercise room. Many hobbies can require working space and storage for supplies, and an extra bedroom serves this purpose well. Think carefully about your lifestyle and what will enhance it.

4. Number of bathrooms

Decide ahead of time how many bathrooms you prefer. Older homes might have only one bathroom, and buyers will often look for ways to add another.

If there is only one bathroom, be sure you can live with that arrangement if remodeling isn’t feasible. Newer homes generally have two or more bathrooms, although some bathrooms might not have a tub or shower.

The size and style of a bathroom are important as well. Do you want a bathtub or shower or both? Jacuzzi tubs are popular for relaxing, and some people prefer a shower stall for easy access. If you need a handicap accessible bathroom, you can look for that, or a sizable bath that could be remodeled.

Think about the people (including guests) who will be using the bathrooms, and you’ll get a clearer idea of the size and style of bathroom that will work best for your family.

5. The kitchen.

It is where great food is created for the family and friends who gather there. When guests arrive, they usually end up hanging out in the kitchen, and because it’s a center of activity and entertainment, the size and layout are important.

Be clear on whether you need a large gourmet kitchen with lots of counter space, sinks and storage or if a typical kitchen will suffice.

Each family has different ideas about cooking. There’s the person who said the only reason there was a kitchen is because it came with the house! In that case, any kitchen would do.

Then, there’s the vegetarian who cooks daily and uses a lot of fresh ingrgb(255, 0, 0)ients, or the quick cook who microwaves all the meals. Some people entertain a lot or have large families to feed. Whatever style of cooking you are into, the kitchen will require a close look.

6. Age of the house

If you are not looking to renovate, some houses that meet all your requirements may have been built several decades ago. A factor to consider when buying a house is the age of the property. An older home may have its certain charm and appeal, but in turn, may need more upgrades, repairs, and improvements. If you are interested in an older home, make sure you have the time and budget for renovation projects. Building codes are also a thing to consider when buying an older house. Codes may have changed over the years, so having a basic understanding of the building laws then and now can help you better understand the state of the house. Consult your realtor as they may know the state of the house or where to find the information.

7. Appliances

Home appliances can be expensive to replace. Consider your preference for home appliances as well as the age of the current appliances in the home. Upgraded appliances can be a requirement or a bonus for some homebuyers, but they may not be necessary for others.

8. Maintenance

Include the cost of the home’s maintenance in your budget. Some projects may be cosmetic and easy to complete. Other projects may require more time and money. The age and condition of the home at the time of purchase will impact the cost of repairs and maintenance.

9. Seller’s Incentive

One factor to consider when buying a house is that some sellers are more motivated than others, while some are more apathetic to whether their house sells or not. It’s common for some sellers to place their homes on the market but are not looking for a quick sale. These homeowners are happy to continue living in their homes for the time being. In effect, there may not be much room for price negotiation. On the other hand, a seller may be highly motivated. This may be due to an estate sale, a sudden need to move out such as a job relocation, or someone looking to pay off one of their mortgages with another. Consult your realtor to determine the motivations a seller may have and how to counteroffer and negotiate properly.

10. Purchase price

Of course, the home’s purchase price will play a large role in whether or not you should buy a home. Come up with a budget that is right for you, and be sure to stick to it. Consider all costs

and make a decision that will accommodate your finances and goal

11. House size

You should have a general idea of what size house you want before you even find a real estate agent. Figure out a minimum and maximum square footage and the number of bedrooms and bathrooms you’ll need.

What size house you should buy will depend on your needs and your personal preferences. If you have a large family or plan on starting one soon, you’ll probably need to look at houses with more square footage as well as more bedrooms and bathrooms. On the other hand, if your household is just you or you and a partner, it may make more sense and be more affordable to look at smaller houses.

While one of the main upsides of having a larger house is that you have plenty of room for members of your household in addition to house guests, there are also many pros to having a smaller home. Small houses are easier and cheaper to furnish, which can be helpful if you’re just starting out. They also tend to be easier to keep clean and less expensive to maintain.

However, how small you can go before it goes from feeling cozy to cramped is also a matter of personal preference. It may be helpful to look at houses of various sizes to get a feel for what would work for you.

12. The Ideal Yard

Another matter of personal preference is what kind of yard you’d like. Do you want a lot of acreage and beautiful, low-maintenance landscaping? Or would you prefer to avoid the responsibility that comes with having a big lawn? Maybe you want a home that sits back further from the road, providing a little more privacy.

You’ll also have to think about what kind of features you want in the backyard. You can find homes with all sorts of natural and human-made features from streams and ponds to pools, hot tubs, patios, swing sets, decks, built-in grills and more. For some home buyers, these are attractive and useful features.

For others, they signal liability, expense and time commitment. Alternatively, if a backyard doesn’t currently have the features you want, is it suited to have those features added after you move in?

WRITTEN BY: CHAMAN LAW FIRM TEAM

E-MAIL: chamanlawfirm@gmail.com / info.chamanlawfirm.com

TEL: 08065553671, 08024230080