Foreclosure in San Angelo>Question Details

Scott Alexan…, Real Estate Pro in San Angelo, TX

What are the most important considerations in buying a home?

Asked by Scott Alexander, San Angelo, TX Thu Jun 28, 2007

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The most important consideration is to identify the location(s) and characteristics that will support your lifestyle. Then, determine if your expectations can be accomplished wihtin your price range, or do you need to modify either the location or tweak your wants and needs list. For some, moving a bit further away to a nearby community is their first choice in order to find all they want in a home. For others, being in a particular location carries more weight and they will live with an older kitchen or smaller home.

Once you establish a realistic set of expectations, find the best buyers agent you can that knows your chosen area.
0 votes Thank Flag Link Tue Jul 31, 2007
Deborah Madey, Real Estate Pro in Brick, NJ
1. Location- Buyers Agent
2. Location- Buyers Agent
3. Location- Buyers Agent
4. Knowledeable Buyer's Agent!
0 votes Thank Flag Link Tue Jul 31, 2007
1) A buyer's agent to assist you
2) location
3) price
4) size
5) is what you are looking for a need or a want?
0 votes Thank Flag Link Tue Jul 31, 2007
Im shocked Scott! I dont see any reccomendations on hiring a Buyer Agent. I see most everything has been already covered, but this. This should be the thing to do, first and foremost. Hiring someone to represent you and someone that will guide you from A-Z!

Melissa Mancini, Realtor, CBR, GRI
Web Reference:
0 votes Thank Flag Link Sun Jul 29, 2007
The most important consideration is affordability.

Lets face it, there are lots of homes we would all love to live in... But it is important to be realistic in choosing a home that will not stretch your budget too far. Most lending institutions will not allow you to do that anyway.

As I suggest to all my prospective homebuyers, the home should be the best home you can find within your price range. Sometimes, you will need to view multiple homes before deciding what's right for you. And at other times you can fall in love at first sight, and that's OK too. I explain to my homebuyers, the home has to shout out at you, "Hey, I am the one."

If the home doesn't really do this, then it doesn't matter:

how the home is heated
whether it has CAC or CVAC
what the school district is
whether the basement is finished or not
the age of the roof, windows, bath(s) and kitchen and house
is the house on a busy street
how the price compares to comparable homes in the area
whether there is a C/O for that addition
etc., etc.

I could go on and on and on and on...
Web Reference:
0 votes Thank Flag Link Wed Jul 25, 2007
Well Scott the list could be as long as you make it!
The rule of thumb is: What works best for you.
Note: liking the house and the price is what attracts most of my clients to a certain property, the reality check sets in;
1. Payment
2. Condition
3. Inclusions
4. Area
5. Commute
6. Taxes
7. Schools
8. Amenities
The extra work you will have to do to the property after you move in, Also your furniture placement; will it fit in this or that room, How much will it be worth in a few years ffrom now? (will you double your money or just break even!)
0 votes Thank Flag Link Thu Jun 28, 2007
1. Will it make you and your family happy?
2. Does it work financially? (see #1)
3. Does it look to be a good investment?
4. How long will you be there?
5. Location
Web Reference:
0 votes Thank Flag Link Thu Jun 28, 2007
Bruce Lynn, Real Estate Pro in Coppell, TX
Schools are something almost every buyer is interested in, even if he/she doesn't have children in school. Why? The schools speak to the type of community. From a practical standpoint they also speak to market value. People ask me all of the time about schools and as someone who spent 31 years of my life a a public school teacher/coach in a variety of settings across Texas, I believe that I have some valuable insights into this important matter. Buyers coming here from other communities ask if a particular school is "good." The answer quite simply is what do you mean by "good'? Many people believe San Angelo to be a sleepy West Texas town populated by kids who ride horses to school. That's not us. We have a diverse community with children of all ethnic makeups and all socio-economic backgrounds. We face some challenges: aging facilites among them. But we have some great things going for us: a dynamic superintendent of schools, an outstanding group of teachers(full disclosure, my wife is an 8th grade English teacher), and a community that is working to find solutions to our problems.
0 votes Thank Flag Link Thu Jun 28, 2007
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