Chart the features you like and dislike for easier
decisions. You can narrow down your list of prospective new neighborhoods by creating
a matrix that rates each home and neighborhood according to the six factors we've
reviewed. While you won't always find the perfect home in the perfect neighborhood
that satisfies every preference on your list, you can through a process of elimination
find a home in a neighborhood that meets most of your criteria. This matrix offers
a quick, objective scoring system for ranking and comparing the homes you visit.
Rate each home on a scale of 1 to 5 in each category, with five the most favorable
score, then total the scores for each choice.
Let's Learn About the Pitfalls...
...when finding a neighborhood
or an agent
1. The biggest pitfall when looking for the
best house in the best neighborhood is to avoid looking at things as they are.
It is so easy to get swept away by a beautiful home and forget to notice that
there is a sewage dump two blocks away. Take your time to find out the real deal
before you close the deal.
2. Not taking time to check the
crime rate in a particular area. There are several ways to do this. You can contact
a number of Internet sites or call your local police department's consumer affairs
3. Not looking into schools regardless of whether
you have children or not. You may want to sell your home someday and the majority
of homebuyers do have children. It pays to check into it.
Not checking future plans for the surrounding area. It may be worth noting if
there is a new mall going up within shouting distance of your home.
Not reading the homeowner's association rules before you buy. It may make a difference
in your idea of a dream home.
6. Forgetting to visit the
home and neighborhood at night. This gives you a better feel for the safety and
community. You may even want to stop by on a weekend when people will be out and
7. Thinking that agents are always on your side.
They aren't! If you don't hire an exclusive buyer-broker, the agent is also working
for the seller and feeding them information.
you can do it all alone just as easily as with an agent. Agent's are trained to
do this and have access to information you won't. Yes, you can do it. But it is
going to take time�.a lot of time! Be prepared.
Are you ready for a quiz? Be sure to review
the sections of the course related to your wrong answers!
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