How to Find a Home in a Great Neighborhood
As a home buyer one of the most important things you should do is search for a home in a great neighborhood because the neighborhood will ultimately affect the resale value of your home.
In today’s post we will provide you with real tips you can use for finding a home in a great neighborhood regardless if you plan on buying in Southern California.
Tip #1 – Choose a Home that’s In a Great School District
The first thing you should look for when attempting to buy a home in a great neighborhood is to choose a home in a great school district because the quality of the school district will help your home to keep its value regardless of the condition of the Real Estate market.
Tip #2 – Learn More About Community Safety
Before choosing a home that you’ve fallen in love with make sure that you research the safety of the neighborhood online or offline by speaking with the Police Department because it can look like a great neighborhood when you drive around there but what could be going on behind closed doors may be a different story.
Tip #3 – Investigate Home Values over the Last 15 Years
Last of all, but most important, take the time to investigate home values in the neighborhood over the last 15 years and find out if homes in the neighborhood where you’re planning on buying a home have kept their values of if they’ve fallen especially after the recent collapse of the real estate market between 2006 and 2008 when home values in some neighborhoods across Southern California fell by as much as 50% or more.
For more information about how to buy a home in a great neighborhood contact Fred Sed Realty today by calling us at (800) 921-9231 or connect with us through our website.