Investing in real estate is for many people in the middle of the valuable decisions they will make throughout their lives. Especially considering the increasing housing prices in recent periods, it becomes more attractive to invest in real estate. With the increase in housing prices, it became more difficult to own a house. That is why it is useful to take advantage of valuable advice when owning a house.
Decide on the location
The choice of location is one of the most important bets for first-time homebuyers to pay attention to. According to experts, it is beneficial for first-time residents to choose a location, while choosing a location, where housing prices do not lose their value, and even in areas that are expected to make a premium in the near future. In addition, factors such as social life expectancy, the distance of the residence to the workplace and transportation should also be taken into account.
Find out the age of the building
The age of the building stands out as a valuable clue for first-time real estate investors. In addition, the age of the building is in the middle of the most valuable elements that determine the value of the house. It is also necessary to consider the possibility of demolition of a building over the age of 25 within the scope of urban transformation with the aim of renewal and consolidation.
Pay attention to the square meter
The size of the house is another factor that determines its price. Those who will buy a house for the first time should decide by taking into account the difference in gross and net square meters. In this way, individuals who will buy a residence for the first time will both save costs and have the opportunity to use their living space better.
Research the company that built the house
Individuals who will buy a house for the first time should research the company that built the house in detail. At this point, it is beneficial to prefer known and trusted construction companies. It is also worthwhile for first-time residents to examine the previous projects of the company that built the building.
Allocate a budget for additional expenses
It is very valuable that first-time homebuyers should not neglect to allocate a budget for possible documents and renovation costs. At this point, before buying a house, the use of the house and its deficiencies should be carefully examined.
Do not miss the official inspections
Another issue that first-time homebuyers should pay attention to in the purchasing process is official inspections. Past period payments of subscriptions such as natural gas, electricity and water should be investigated. In addition, it is another obligation for those who will buy a house for the first time to pay attention to the title deed status of condominium ownership or floor servitude. In addition, if the area where the dwelling will be located in the earthquake generation, it should be checked whether the house/building is resistant to earthquakes, and if there is an earthquake resistance report, the report should definitely be examined.
Consider the building features
Before buying a house, it is necessary to consider the building features and calculate the expense items at this point. Individuals who will buy a house for the first time need to pay attention to the insulation of the building, dues expenditures, size and safety.