According to the residential mortgage experts at TexasLending.com, more than 2/3 of married homebuyers rated neighborhood quality as important. A good neighborhood can contribute to quality of life by providing a peaceful environment, good schools, amenities, and leisure activities. Before you make a leap of faith to a new neighborhood, however, it’s important to do your research. Here’s how:
Draft your ideal neighborhood and rate contributing factors by importance.
TexasLending.com says that the first step toward understanding what you need in a new home is to figure out what you want to surround it. Do you want the best schools? Access to lakes, rivers, or other water recreation? Do you need public transportation? Rate your ‘wants’ in order of importance and begin your home search based on the top three.
Utilize the internet.
Today’s world means an ever-updated stream of information is available at your fingertips. Use this to your advantage by checking local crime rates, historic home values, and tax rates.
Go to school.
If you have children that will be attending a local school, it’s a good idea to plan a visit to the campus before you move. TexasLending.com representatives report that most schools will happily set up an introduction with the principal and pertinent teachers and staff.
Canvas the neighborhood.
If possible, drive through the neighborhood of your intended home in the morning, evening, and at night. This, says representatives from TexasLending.com, will give you an idea of the general feel of the area at different times. While you’re out, make note of the condition of neighboring houses. Well-kept yards and debris-free streets are a good sign.
Inquire about public services.
It’s not just enough to know about the specific neighborhood where you want to live. Check out the city’s public amenities such as public transportation, parks, libraries, shopping malls, and entertainment venues. Many first-time homebuyers don’t realize how important these community features are before it’s too late.
Ready to buy a home? Visit TexasLending.com for current mortgage rates and more home buying tips.
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