When buying a home, most people will fall into one of two categories:
- They are buying a home in a location they already know well, perhaps because they grew up there, or it’s close to their existing home.
- They are buying a home in a location that is unfamiliar to them, and they may have never visited before.
Without a doubt, buying a home in an unfamiliar location is the more complex of the two options – but it’s a scenario more and more people find themselves in. The most common reason for finding yourself contemplating buying a home in an unfamiliar place is moving due to a job change, though some buyers choose to branch out their location to try and achieve more affordable prices and a lower cost of living.
Whatever the reason, buying a property in an area that is unfamiliar is incredibly challenging – but if you’re going through this process in the near future, you can mitigate some of the problems by keeping these four tips in mind…
Ignore your first impressions
It’s important to note that your first impressions aren’t to be relied upon whether they are good or bad. Your first impression is influenced by a number of factors that simply aren’t useful to your buying decision, so disregard these, and focus instead on the results of the following point…
Do your research
One of the significant risks when buying in an unfamiliar area is that you will buy in a neighborhood that you later realize has a less-than-stellar reputation. Often, these neighborhoods aren’t obvious; you could walk through them on a good day and assume they’re wonderful, only then to discover that this wasn’t an accurate representation of the area when you’ve already moved in.
Instead, look for facts; head onto Facebook and ask local groups for their recommendations for areas and neighborhoods you should avoid. If there’s a consensus in the answers, then keep this in mind when looking for a new home.
Work with a professional
Professional agents and brokers such as William Pitt have a unique insight into each area they work in – it’s quite literally part of their job. By working with a professional to find the right property, you’ll see they are able to guide you towards the right decision, using their understanding of your needs to choose which part of the local area is most suitable for you.
It’s essential to visit any property a number of times before buying, but when moving to an unfamiliar location, you also need to visit the area around the property too. Not only is this helpful in making your final decision, but it also helps to familiarize you with the locality, which makes the process of settling into your new home all the easier to manage.
Buying a house in a location that is unfamiliar to you is undoubtedly trying, but with the tips above in mind, you won’t go far wrong – and you’ll be living in the right home for you in good time.