February 19, 2010 at
3:21 pm
So now that we have inundated you with facts, figures, and warnings – let’s switch to the lighter side of home buying – picking your neighborhood. We have all sat by the fire (or in my case, the server) late at night dreaming of your ideal community. Just like every homebuyer has different needs and wants in a home, the same sentiment is doubly true for the neighborhood we settle in.
(Quick aside: At the time of this post – you will have less than 100 days to take advantage of the home tax credit.)
You obviously want to move into an area that makes you feel good, makes you feel at home. Sometimes this means being near lots of woodlands, or for more urban folks – having a coffee shop within walking distance. But there are also a host of factors you should take into account when creating your community formula.
Here are just a few questions to ask while investigating your new digs:
The people
Does the area have an active community lifestyle? Are there block parties, and BBQs?
The safety
Is there a neighborhood watch? Is there a trend of escalating violence in this part of town? A lot of break-ins?
The money
What are the property values in this community? Keep going up or bottoming out?
The schools
Should we talk to the principal of the local high school? Elementary school? Kindergarten?
While one of these factors may be outstanding and others lacking, remember to step back and take a panoramic view of your desired neighborhood choices. It’s the sum of the parts that may be greater than the whole.
Happy Homebuying!
Joe
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Categories: $6500, $8000, Expanded homebuyer tax credit, Extended and expanded tax credits, First-time homebuyer, Mortgage rates, Starting out, Wisconsin Realtors, Wisconsin current homebuyer, Wisconsin first-time home buyer, Wisconsin homebuyer, Wisconsin real estate, Wisconsin tax credits, current homebuyer
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