Location may be the most important consideration for homebuyers, but it’s not the only factor in making a decision. Here are four other items that play a role as well.
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We all know that when buying a home in Chicago, location is the most important factor. However, there are a number of other things you should consider when deciding where you want to purchase your next piece of property. Here are the five top items on our homebuyer checklist:
1. School district. Many people move to different areas because of the nearby school districts.
2. Transportation. What’s the commute like to work or to school? Are you near the metro? The blue line? The red line?
3. Lifestyle. Do you want to live in the hustle and bustle of the loop? Do you want to have a quieter life out in the suburbs? The area you want to be in will depend on where you are at in your life.
4. Resale value. You have to think about the resale value of the home down the road. Are you more likely to gain equity or lose it if you hold on to the home for 10 or 15 years? Have a licensed agent help you determine your potential return on investment.
5. Local amenities. Do you want to be close to shopping? Entertainment? Restaurants? Maybe somewhere out in the suburbs.
If you have any other questions for us about buying a home or anything else relating to real estate or the mortgage industry, give us a call or send us an email. We look forward to hearing from you soon.
1. School district. Many people move to different areas because of the nearby school districts.
2. Transportation. What’s the commute like to work or to school? Are you near the metro? The blue line? The red line?
3. Lifestyle. Do you want to live in the hustle and bustle of the loop? Do you want to have a quieter life out in the suburbs? The area you want to be in will depend on where you are at in your life.
4. Resale value. You have to think about the resale value of the home down the road. Are you more likely to gain equity or lose it if you hold on to the home for 10 or 15 years? Have a licensed agent help you determine your potential return on investment.
Have a licensed agent help you determine your potential return.
If you have any other questions for us about buying a home or anything else relating to real estate or the mortgage industry, give us a call or send us an email. We look forward to hearing from you soon.
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