When some people are shopping for a house, they essentially view it like dating. They’re looking for a house that they love. Maybe they have a certain aesthetic style in mind, such as preferring Tudor homes or brick houses. Maybe they’re looking for amenities, like a backyard pool or a large lawn. Everyone has their own list of must-haves, but they’re hoping to fall in love with the house and buy a place that makes them happy.
There’s nothing wrong with loving your house, but be careful about falling in love with the house when you’re shopping. It could cause you to make a poor assessment of which home is actually a good investment.
What should you be looking for?
The problem with falling in love with the house is that people are often simply looking at styles or other elements that are not fundamental to the quality of the house.
For example, say that you found a beautiful brick home with a backyard pool, and you can instantly imagine yourself living there for the rest of your life. But if you rush into that purchase, you may not discover that the foundation is cracked, the pipes feeding the pool are leaking, water is running into the basement and there is black mold in the house.
In other words, do your due diligence when looking for a home. You may start by finding a home that you love, but be sure you look into the details and carry out an inspection so that you know that all of the fundamental qualities of the home are just as appealing.
As you work your way through this process, it’s also important to know what legal steps to take, as buying a home can be very complex.