Have you heard of the expression “location matters”? Where you live can make a big difference in your life, and doing your research before you purchase a home can save you the hassle of making a huge mistake. Dive into the data before making a deal and check out these 5 tips for researching the right area for you.
Explore The Neighborhood
If you’re concerned about noise levels or wondering if the nearby parks are crowded, go on walks around the block on different days of the week and at different times of the day to see what the neighborhood is like.
Chat With The Neighbors
There’s no one better to ask about the neighborhood than the people who live there. Ask the neighbors or any friends or family you know who live in the area to see if they would recommend it and what they like and dislike about the neighborhood.
Research Schools In The Area
Utilize online resources such as the National Center for Education Statistics website to get more information about nearby schools. After you’ve done your research, schedule a tour of the schools in the district to see if it’s the right fit for your children.
View The Crime Rate
You can find information online regarding recent crimes in specific areas. A simple google search can go a long way. You can also search online tools such as CityProtect or Family Watchdog for crime data.
Get A Neighborhood Market Analysis
We can analyze various characteristics from recent home sales in a particular neighborhood to determine the market value of the home you’re looking to buy. Call one of our Home Loan Experts at 877.785.5422 to get started with your FREE Neighborhood Market Analysis today.
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