1. Price-the very first consideration of any buyer
2. location-You've likely heard of the three important factors when buying: location, location, & location.
3. Appeal-not only "curb appeal" but whether or not this home will physically and esthetically meet the needs of your family
4. School district-often overlooked but buyers without children but this factor should be considered by all buyers regardless of whether or not they have children because it can greatly influence your home resale value.
Well, there's four.....the fact of the matter is any one of them could be someone's number two.
NMLS # 6395
Financing Kentucky One Home at a Time
I answer questions about financing real estate based on my decades of experience dealing with mortgage underwriters. I do not offer legal or tax advice, if you need answers from an attorney or CPA find one knowledgeable in your local market.
Number one rule is: Real Estate is always local- means every neighborhood represents its own set of values. Never compare on-line data, it's just wrong.
Second rule: location, location,location. Each great neighborhood has bad, good and excellent spots.
Third rule: condition of the house. Cosmetic renovations will be in every house , even a new construction.
Big items is that what counts the most: kitchen, bathrooms,floors,basement,heating and A/C plants etc...
Fourth rule: make sure that the house you consider is not the best house on the block, unless rest of the properties are very similar to yours. Don't get me wrong, we love the best looking house, but it may not belong to a street and you will overpay for the property: in spite of being the best house on the block.
The rest is in the eyes of beholder!
Good luck! If you need further assistance, please call me at 917-478-0260