Why You Should Rent In Your Desirable Neighborhood Before Buying
Posted on: 30 December 2015
If you are on the verge of being ready for buying a house, you should take heed to the saying "look before you leap." While buying a home can be socially and economically beneficial, there are also social and economic factors that can decrease your quality of life. For this reason, you should look for houses for rent in the neighborhoods that you have pinned down as your favorites for purchase. Here are some benefits to renting a home in the neighborhood before buying that you can only get from being a temporary resident.
See how the neighbors react to newcomers
Some neighborhoods will bring out the welcome wagon for any new neighbors that move in. In other neighborhoods, you may find it difficult to break into the social interactions of your neighbors. The only true method for telling which one you will get is to move into the neighborhood. If you are looking for a family and friends neighborhood where everyone socializes and looks out for one another, you need to move into your top contending neighborhood first. Once you know how everyone reacts you can truly determine if the neighborhood is great for you and your family.
Determine the cost of maintenance
Buying your dream home and being able to afford the mortgage is only half of the battle. Other bills that you need to think about are the cost of heating and cooling the home, the cost of water in your city, and the overall cost of living in the neighborhood. After you have figured out the cost of utility bills, consider the amount of time you will spend on the home. How long does the yard take to mow and how often? Do you have to shovel the car out of the driveway every day during the winter season? Does the house sit on a plain and needs regular maintenance to prevent flooding? The monetary and time cost of home maintenance can make or break a dream home.
Tell how the zip code is received
In every city, there are neighborhood zip codes that are easily recognized because they are impressive. If you want to know how your future zip code will be received, you should find a house for rent and try it out immediately. You may find that you are located in the best of schools and get better rates on insurance policies, schools, and other necessary products. You may also get people who are green with envy that you were able to get into an excellent neighborhood.
Share