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First Time Buyers’ Checklist While Evaluating The Property

First Time Buyers’ Checklist While Evaluating The Property

First time buyers’ checklist can be pretty overwhelming. You will have to consult a bank, find about possible mortgage plans, figure our your budget, choose the neighbourhoo(s) you would like to start your search with, and so on and so forth. No doubt, all of those aspects are very important, but what is really of the essence is coming to conclusion about one or another property you see. So, when it comes to evaluating property, there are several important questions that should be on the first time buyers’ checklist:How high are the utilities? Quite often, utilities are included into the rent, so you might have never thought of them before. Yet, as a new homeowner, you will have to pay monthly electricity, gas, water, and other bills. The sum will vary from property to property, so make sure your first utility bill will not come at a surprise. How safe is the neighbourhood? You might have done some research on the subject already, yet it wouldn’t hurt talking to neighbours to make sure everything is in order. Quite often, it is impossible to find out this info online, so talking to people who actually live in the area is your only option. Are there...