“How to select a neighborhood......” When most buyers start their home search they usually think about the school district, commuting distance to work, resale value, and overall condition of the property being considered. Selecting a neighborhood based on a school district should ensure a reasonable resale value sometime in the future. Another significant issue is neighborhood crime statistics. The local police department can provide you with the statistics to determine the level of crime, types of crime, and any other trends that may affect your decision to purchase there. When selecting a neighborhood you may prefer a specific type of lot, e.g., corner, semi-private or a cul-de-sac. Also, the traffic flow surrounding your dream home could be an issue….. All of these factors will affect your future resale value. When you have narrowed down your selection to 1-2 neighborhoods, take some time to re-visit each neighborhood at different times of the day. Look for a well maintained lawn, … [Read more...]
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