Useful tips you should know when buying a house

Buying a house is one of the most important decisions in your lifetime. It can take you a lot of time to consider. Below are useful tips you should know before buying a house.

Define the purpose of buying a house

The very first thing you think about is the purpose of buying a house: to stay or for business or both of them.

Other things you have to consider are what kind of house you target: new house, old house or apartment, how many rooms and the area and how the architecture is.

Prepare the money

You must be sure of your financial strength and how much money you have. If you do not have enough money when buying a house, you can get the help from organizations such as San Francisco hard money lenders (financial institution who lends money to buy a home, and mortgage on the very value of the house) or residential bridge loans (they lend you money in case you have already a house and want to sell it to buy a new one).

Your financial ability and your preferences will determine which house you are going to buy. The young couples tend to choose to buy condominiums because the prices are not too expensive.

You have to consider your income. Make sure you could still make your payments even with less income in a pocket. The lenders say that you can afford mortgage payments about 30 & for housing-related cost including mortgage, insurance and taxes.


Location is a factor that cannot be ignored when buying a home. You know that the location of your home affects the house’s price and suitability as well as the convenience of your studies and your work. If you are not able to buy a house near the centre, you should consider the location near necessary utilities such as market, school, and workplace.


When buying a house, you should also consider the security situation of the neighbourhood you are going to live in such as thefts or crimes occurring in that area.

Service charge

You’ve chosen a house with a very comfortable location, nice architecture and good security but you have to consider the service charge for that property. The service fees may be too high for your income. This is a very important thing because it is the long-term issue.

Architectural Ability

You are wondering whether to buy a high-end apartment or a house where you own land. If you want to design your own home or change in the future, the apartment will not be suitable for you.


House sellers often say prices that are higher than their true value. So do not hesitate to negotiate the price. In addition, you should consult with the people who are experienced or search information from the internet to know the market price for houses which are similar to the house you want to buy.


When deciding to buy a house, make sure the house is full of legal papers. Besides, you also have to pay great attention when doing sales contracts or transfer procedures. Contracts are meant to be negotiated. You don’t have to sign a standard agreement. Ideally, you should seek advice from your lawyer and help you resolve legal issues.

Check thoroughly the house before making the decision

Before deciding to buy a house we need to check carefully. If it is a newly built house, you have to check the quality of construction like paint colour, waterproofing and foundation.  Because new homes should be difficult to assess the quality, but the buyer can ask a friend or relative who has expertise in the field of construction to see your home and give you the best reviews on quality.

All in all, buying a house is a very significant thing that you have to consider everything. Hope that our tips above can help you have right decision.

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