As one of the biggest financial transactions you’ll make in your lifetime, buying a house takes a lot of thought and consideration before you’re ready to write an offer. JoAnn Meier at RE/MAX First Choice in Waterloo, IL, is knowledgeable about what you need to think about to find a home that truly suits your family’s needs. Below, she discusses the top things to consider when looking to buy.

What You Need to Think About Before Buying a House

Neighborhood You’ll Be In

The features and condition of a house are not the only things to consider when looking for a new home. The neighborhood the house sits in is also a crucial part of your experience as a homeowner. Check out the surrounding area to know what school district you’ll be in, whether or not you’re able to walk to restaurants and stores, and how safe it is.

Your Mortgage

One of the biggest mistakes homebuyers make is purchasing a house that is more than they can afford. While good credit can get you a larger loan that allows you to purchase a more expensive home, it’s important to consider the mortgage payments you’ll be making each month and whether or not you can afford it over the next several years.

Extra Costs

Your mortgage is not the only thing you have to worry about paying for when you’re trying to find a home that is right for you. Taxes, dues, and other fees can add up, costing you more than you expected. It’s important to consider how much routine maintenance on the home is going to cost you, as well as homeowners association fees and taxes.  

If you’re looking to purchase a new house, look no further than JoAnn Meier at RE/MAX First Choice to help you find a home. Serving the Waterloo community and surrounding areas, this real estate company offers a variety of services when you’re buying or selling a house. To schedule a meeting, contact them by calling (618) 939-6003, or visit them online for more information about their real estate listings.