Important Factors to Keep in Mind Before Buying a House

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A Brief History

Today, buying a house is often not an easy undertaking. There are so many things that you will need to consider before making that final decision. While it remains to be among the most significant financial decisions you can make in your lifetime, any wrong move when buying a house can jeopardize your overall comfort and happiness. You, therefore, need to take into account factors that may affect both your current and future lifestyle needs. Also, you will need to have your priorities in check, especially putting in mind what is important to you and your family. 

This having been said, below are some of the most important factors to keep in mind before buying a house.

Digging Deeper


Home ownership has for the longest time been considered an important step in living a dream. There are all sorts of conventional wisdom out there in matters of home ownership, but one thing remains constant, it is the most important decision you can make for you and your family. 

But before you get all excited, it is imperative to know what you want based on your understanding of both the current and future lifestyle needs of your family. This can make a huge difference in your purchasing decision and in addition to this, provide you with insights into the expenses involved. Being a huge commitment and the biggest purchase decision for many, it is important to have a budget and to also ensure that you have your finances in check. 

Whether buying in cash or through a financial institution, there are various costs you need to consider before buying a home. Some of these include:

  • Down payment
  • Mortgage payments
  • Property taxes
  • Closing costs
  • Homeowner’s insurance

So, before you even begin, it is important to ensure that you have all the financial aspects involved in the home buying process taken care of.

Age and condition of the house

To most people, buying an already built house can seem like a worthwhile decision rather than having to worry about construction logistics. If this sounds anything like you, you will need to make sure you’re getting good value for your money. This means ensuring that the house is in good condition, with minimal to no repair needs. 

Also, many new and older homes come fully equipped with ready to use appliances. If this is your case, you will need to ensure that these appliances are in good working condition. In case you’re buying an older house or a fixer-upper, it is important to conduct a house inspection before making the final decision. This is an important aspect when it comes to determining a home’s overall maintenance, repair, and renovation costs.

And let us face it, the last thing you need is to buy a house only to find out that it is infested by pests like bed bugs, fleas, cockroaches, mice, and stuff. A thorough indoor and outdoor home inspection from professionals with trusted expertise will also allow you to know the extent of pest infestation if any. These inspectors and pest control experts will provide you with a full analysis report, which you can even use to negotiate and get yourself a better deal from the seller. It also helps avoid future losses and spending on pest control after you’ve already settled in your new house.  


When buying a house, the location will play a huge role in determining its overall value. Additionally, it can have a huge impact on your lifestyle since it affects your safety and access to various amenities, markets, and so forth. This means scouting for the best neighborhood in crime-free zones. Whether you are a loner or a family oriented person, it is important to also consider the house’s proximity to crucial amenities such as educational facilities, public transportation, recreational facilities, shops and restaurants, and healthcare facilities. When searching for a house to buy, you will not only be required to consider the quality of the investment, but also the quality of life in your future neighborhood.

The overall size of the lot

Often, little to no thought is given to the size of the lot the house sits on. If you are choosing to live within an already established neighborhood, lot sizes can appear to be fairly similar. Lot size will affect your future uses of the lawn, privacy, and important things that may affect your lifestyle. When working with a realtor, ensure to confirm the full dimensions and lot descriptions.


If you are considering buying a house, then making use of a professional realtor will be a great addition to your purchase decision. They will, of course, come at a cost, but you can expect them to help you in maneuvering the complex real estate process and ensuring that your ultimate purchase is a successful one. In addition to this, realtors will grant you access to the best listings available and help in negotiating for the best deals. You will also need all the help you can get when it comes to filing the paperwork.

Buying a house can undoubtedly be a painstaking journey, especially if you are a first-time homebuyer. It is thus important to take your time because it’s among the biggest decisions you will make in life. Luckily, you can use the above pointers to help you in the planning process and in making your purchase decision a worthwhile one.

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Historical Evidence

For more information, please see…

Brown, Ray and Eric Tyson.  Home Buying Kit FD 6E (For Dummies).  For Dummies, 2016.

The featured image in this article, a photograph by midascode, is licensed under the Pixabay License.


About Author

Abdul Alhazred

“But I don’t want to go among mad people," Alice remarked. "Oh, you can’t help that," said the Cat: "we’re all mad here. I’m mad. You’re mad." "How do you know I’m mad?" said Alice. "You must be," said the Cat, "or you wouldn’t have come here.” ― Lewis Carroll, Alice in Wonderland