Thursday, July 14, 2016 / by Jason Huerkamp
What neighborhoods would you like to live in? Before offering on a home in the neighborhood you like, it would be a good idea to drive through the neighborhood at various times of the day and night to be sure you are a good fit for it. Talk to the neighbors and check with them if they are happy living there and get a great feel for the environment.
Get the HOA Rules and Inspect Them
If you are buying in a Neighborhood you should get a copy of the HOA rules before you make your offer. The rules will help you decide if living in a neighborhood is right for you. For instance, if you have a boat or RV and you expect it will be housed in your yard, check the rules and be sure that you can have them parked there. Very often HOA's will expect the boat and RV be housed off site.
HOA charge fees for maintaining the subdivision, the amenities and the gardens. These are all wonderful reasons to live in a subdivision. Do call for a set of the accounts and check and see how often the HOA fees increase and normally by how much. Also be sure there are no special assessments to be introduced and if there are, you may find out what sort of amount would be expected.
Highways and New Roads
Always check with the local authority about road widening or new roads planned for the area you are planning to buy in. It can be a good or bad thing for your future purchase. You may not want to buy a home and discover a year later that a massive highway is due behind your subdivision or in the immediate vicinity.
If you are buying in a specific location because of a particular school area, its a great idea to head down to the school and be sure that the street and home you have chosen falls within their school district. Interview the school and be sure that there is space for your kids. You don't want to buy a home and then discover the school is full and cannot accept your children.
Whether you are buying a home in a subdivision or not, always take a good look at the surrounding area for open spaces and possible change in zoning ordinances. Its a good idea to check and see what the vacant land in the area is going to be used for and what sort of zoning it has.
Buying a home is a wonderful experience and checking the items listed above it really will be.