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  • Writer's picturePeggy Jacona

The Ultimate Home Buying Checklist: What to Consider Before Making an Offer


Buying a home is one of the biggest investments you'll ever make. So before you start shopping for your dream home, make sure to do your research and create an ultimate home buying checklist. Here are the most important things to consider when making an offer on a property:

The Location

The location of your new home is one of the most important factors to consider when buying a house. There are many things to think about when deciding on where you want to live, such as:

  • What's the best location for you? Do you want to be close enough to work but far away from city noise? Do you want access to public transportation and shops within walking distance or do you prefer having a car at all times so that no matter where life takes you in this big world, there will always be some place nearby where food can be bought and cars can be driven around town. This is why it's crucial for buyers not only know what kind of lifestyle they're looking for but also how much time and effort (or money) they're willing/able

  • Worst Locations: Before making an offer on any property, it's important first consider whether or not there are any negative aspects about living in its current location--or worse yet--within driving distance from work every day! If so then perhaps consider moving further away from these places instead since those type environments may cause stress over time which could lead into financial problems later down road if left unchecked.....

The Price

The most important thing to know about the price of a home is that it can vary greatly depending on many factors.

First, there's location. A home in an up-and-coming neighborhood might cost more than one in an area with fewer amenities and more crime, even if they're roughly the same size and condition. If you're looking at houses within your budget range and think you've found something great but aren't sure if it fits into your plans for future growth (or even if it would be worth moving), this could be why--and it may not necessarily be bad news!

Next comes the condition: how long has this house been on the market? Is there anything wrong with it? What kinds of repairs are needed? If there are some issues here and there but nothing major that would affect resale value or daily living conditions (like painting), then they should probably be taken into consideration when deciding whether or not this particular property is worth buying at its current asking price--or whether another option might better suit your needs while still staying within budget range given other factors such as location/size/type of loan chosen (more on these below).

The House Inspections

When it comes to buying a home, a house inspection can be one of the most important steps in the process. A home inspector will look at all aspects of your potential new home and point out any problems or issues with it. This can include things like structural damage, water damage, pest infestations and more. In addition to providing you with an idea of what kind of shape your new place is in, this information can also help you negotiate with the seller on repairs before closing on the sale (if there are any).

The cost for these inspections varies greatly depending on where you live but expect them to cost between $300-$500 depending on how many rooms need to be inspected and whether there are crawl spaces or attics involved as well. Inspections are usually done before making an offer so that both parties know exactly what they're getting into before committing themselves financially or emotionally

The Closing Costs

Closing costs are the fees associated with buying and selling a home. They include things like appraisal fees, title searches and insurance premiums. The most common closing costs include:

  • Loan origination fee (LOF) - This is the amount your lender charges for processing your loan application, including all administrative expenses and underwriting costs associated with processing your mortgage application. The LOF can be paid by you or rolled into your monthly mortgage payment at settlement; however, if it's rolled into your monthly payments then it will increase their size over time because they're being amortized over 30 years rather than paid upfront like an upfront fee would be.

  • Appraisal - An appraisal is used to determine how much money should be paid for a property based on current market conditions and similar properties nearby that have sold recently (or not). In some cases appraisals may require additional work beforehand such as ordering surveys or reviewing historical property tax records so make sure this has been done before moving forward with closing on any deal!

Use this checklist when you're ready to buy a home to make sure you don't forget anything.

You may also want to consider other factors like the neighborhood, schools, etc. This checklist is not exhaustive and it's impossible to predict every situation that might arise during your home-buying process. It's a good idea to check with your mortgage company or real estate agent if there are any questions about your particular situation that aren't covered here.


We hope that this checklist has helped you understand what to consider when buying a home. If there's anything we missed, please let us know in the comments below!

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