Attention Home Buyers! With the market as fast moving as it is don't wait to get pre-approved. Not only does that give you a price range to shop in but you will also know what type of loan you will
Your 24 Point Property Checklist
Dated: October 1 2019
Views: 2096
My 24-Point Property Checklist
Sellers, you can determine if there are more positives than negatives for the property and to see if it checks all the boxes when it comes time to sell after you have bought your real estate investment.
Someone wise once said that you don’t make money when you sell: you make money by buying wisely. I have compiled a list of 24 things you should consider when buying – the more items that get a positive check, the better investment you make!
Here are the points to consider:
Property Location
In-Demand Schools Nearby
Shopping Nearby
Area’s Economic Strength
Supply and Demand of Housing in Area
Large Buyer Pool for Property when Selling
High-Demand Neighborhood
Neighborhood Condition
Neighborhood Growth
Appreciation Potential
Transit Nearby
Major Development Coming to Area
Crime Analysis
Potential for Natural Disasters
Financial Fit
Tax Benefits
Property Repair and Maintenance
Number of Bedrooms
Number of Bathrooms
General Floorplan
Kitchen Configuration and Features
Flex Spaces
Lot Boundaries, Borders, and Lot Size
HOA
It would be unusual for a property to rank positively for all 24 of these items. In fact, we have to balance our wants and needs with the price we are willing to pay for a property as buyers, and know these factors all are taken into consideration when time to sell. It might be interesting to start by analyzing your current property. If you would like to create an honest assessment of your property related to these items, I would be happy to help. Call anytime to get some help with your purchase, and have a great week!
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