The MINSTS Of Deciding To Buy A Home

We often refer to, owning a home, of our own, as the American Dream. Since, for most people, their house, represents, their single, biggest, financial asset, doesn't it make sense, to proceed, in a well - considered manner, and considering as many of the necessities, positives, negatives, and potential ramifications, and responsibilities, as possible, so, as, to be, as prepared, as possible? After over a decade, as a Real Estate Licensed Salesperson, in the State of New York, I have created, a simple, set of priorities, to focus on, and emphasize, which I refer to, as, the MINSTS of deciding to buy a home. With that in mind, this article will attempt to briefly, examine, consider, and review, using the mnemonic approach, some of the central components, and considerations.

1. Meets your present needs: What are your present needs, and priorities? Are you considering these, rather than pursuing some emotional attachments, etc, and becoming your own, worst enemy? Unless/ until, someone considers, in advance, what he needs, how is it possible, to know, what to look at, and pursue, and make the wisest decision, for his personal situation?

2. Imagines future necessities: What is the focus of purchasing a particular home? Do you hope, to, merely, purchase a starter - home, or, to buy, something, which meets, both your present needs, while considering your future necessities?

3. Neighborhood: What do you like about, the particular neighborhood? Why, and how does it address your needs, and priorities/ purposes? Will you consider, issues such as schools, safety, conveniences, etc, in a focused manner? Will you be happy, there?

4. Schools: Whether, you presently have school - aged, children, or not, the quality of local schools, and the school - system, are significant, in terms of real estate values, etc. However, you must also, carefully, consider, and examine, the balance between the quality of the schools, and the impact on your real estate taxes!

5. Transportation: Is the house, conveniently located, to a variety of forms, of transportation? Are their quality, public transportation, facilities, nearby this property? Are you close, but not, too close, so as to enjoy, quiet enjoyment of your home?

6. Safety: Before purchasing any house, closely examine, the public safety, and crime rates, in the specific area. Will you be able to live, in relative, peace - of - mind, because the area, is a safe one?

Consider these MINSTS of deciding, to buy a home, of your own. Protect your investment, and proceed, in a happy, fulfilled manner!