After you get your pre-approval letter you have defined the price criteria and now you should decide the location. Some important factors to consider are distance from work and family, your lifestyle, school for the kids and neighborhoods.
*Homes served by good schools have best chance of appreciating.
*Low crime rates are also a good predictor of stability or gains in real estate values.
*Look for signs of economic vitaliy – Areas with high employment, good income and a mixture of young and old people.
*How close is the home to public transportation and major highways
You can do some of the research in some of these websites –
–http://areavibes.com/
–http:/greatschools.org/
–https://www.neighborhoodscout.com/
Posted in: FAQ for Buyers