Living in a culture that places more and more emphasis on instant gratification, it’s no wonder why so many overzealous home buyers fall in love with a perceived dream home they know little to nothing about. Sure, first impressions certainly matter, but when it comes to home ownership–and the myriad financial implications that come with it–you can’t be too careful to expose and consider every current or potential issue that could turn your dream home into a nightmare.
To break this down even further, it’s necessary to consider three potential home ownership problem areas–price, condition, and neighborhood. These areas are all interconnected, and it’s likely that one will influence another. Here are some questions to consider and ask of your Realtor before making the final decision to buy. [Read more…]