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Old 11-05-2011, 06:20 PM
snafu snafu is online now
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The American housing market is reported as being in difficulty for several more years. Do you anticipate interest rates moving upward?

You need to buy a house on facts not on emotion or the paint color, appliances etc. that can reasonably be changed. The location can never be changed so it's the most important factor. What's good about the location...find out what's not so good. Get an inspection by a licensed inspector and be there if possible. Ask questions about insulation, mold, plumbing, electricals, and appliances. Ask your agent to obtain 3 months [copies] of utility bills for the three coldest months to have some understanding of operating cost heat, electric, water, trash p/u etc. Know the HOA rules and the financial status of the organization.

Think a bit about re-sale like schools, noise, conveniences.
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