If you’re looking for a new home, you may be thinking about taking advantage of low mortgage rates – here are some tips for what to consider during the house hunt.
With mortgage rates at low levels many Americans may be considering a new house. But how can you make sure you’re choosing the right house for you?
Rocket Mortgage recently outlined some of the steps you’ll want to take, and questions you’ll want to ask, to help make sure the house you by is the house you want.
For one, spend some time scouting neighborhoods; you’re going to want to get a sense of what it’s like to live there – ultimately this may be a gut call.
You’ll either have a good feeling for the surrounding neighborhood, or a not so good feel.
And think ahead – envision how you’re lifestyle will fit in the house. If you plan to entertain a lot, you’ll want to make sure the house has the necessary space.
Have pets? If so, think about how they’ll fit in the new place. Like to cook? If so, how is the kitchen set up to meet your needs.
Take the time when touring a house to envision how all the rooms will work for you, your family, and your needs and tastes.
Then pick a good home inspector – they’re going to be a valuable resource for you. A thorough inspection can turn up red flags on everything from plumbing and heating issues to problems with mold, or even the foundation or roof.