4 Important Factors When Buying A HomeSingapore Property - Real Estate
4 minutes read
No matter how exhilarating at first, purchasing a home can slowly turn into a stressful ordeal. There are countless reasons to factor in when considering which apartment to settle on, and here are four we think should make it to the top of your list.
1) You Must Love It
There are some homes you instantly fall for after a first walkthrough. Sometimes even before you get to the halfway mark of the house tour. And as much as logical reasoning is essential when making a housing decision, so is what your heart says.
Do you love the house? Do you feel a connection towards it? We cannot stress enough how important it is to be in love with a place you're buying. No matter how many sensible reasons seem to be pulling you towards saying yes, it won't feel like home unless you truly adore the place.
Purchasing a house is dependable on both your head and your heart, but perhaps let the decision weigh a little more towards what your feelings and intuition tell you. If you've found a place which you're strongly attracted to, even if there are minor issues, we say you should seal the deal.
Some people merely brush off the fact that there are parts of a house they don't quite like. The living room may be at a spot where the sun shines a little too harshly in the afternoon, or the kitchen's size is a little to small to effectively work in. To you it may seem like any dissatisfaction with the blueprint will be gotten over once you move in and get used to it, but they will probably start to irk you more instead.
That's not unexpected, considering the fact that you probably have to deal with these issues day in and day out. So to avoid the situation, we suggest taking your time to think through the orientation of a house you've recently viewed.
If you don't particularly like the placement of certain rooms, see if you can hack some walls or switch it around, adjust the orientation until you're satisfied. It any factor within the house doesn't allow for this to happen though, then we suggest you skip this apartment and continue your hunt.
3) Extra Costs
One round around an apartment isn't going to be much of a gauge when it comes to the smaller details. Issues you can't see such as leaking air conditioning or a failing plumbing system can end up costing you a bit of money when you realize they exist only after moving in.
These extra costs may not apply to every house, but it's better to set aside a decent amount in case of any unforeseen costs. So we say when choosing your apartment, make sure it's one that's within a price range you can comfortably afford. Ensure you're not stressing about bank loans just to purchase it, and spend within your means so there's backup for any other extra costs afterwards.
4) Duration Of Stay
Purchasing a house is something long-term, so before you make a decision you should think through the likely duration you'll be able to live there. Discuss this with your spouse or family, and see if they feel they can see themselves staying in that home and environment for at least the next few years.
Anything less than that isn't worth your time, effort and money. Go through factors not only relating to the house, but those pertaining to its surrounding area as well.
Are you satisfied with the location? Do you feel happy with its surroundings? Do you see yourself possibly being happy after a few years of living in this environment and community? If the answer's a straight yes, then we can safely say you should proceed with purchasing the home.
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