What Makes A Great Place To Live?

Finding the right place to live might be a lifelong quest – you can never be sure where you’ll find a home in the modern day and age, and only when you settle in and know it in your heart that you’re where you’re supposed to be will you be satisfied with the home you live in. You want a place that’s fun, that allows you to put down roots and expand a little, and you want to feel relaxed and safe.

But there’s some things that can help you out on this kind of quest. After all, if you’ve labored long and hard to get the money together, and now you want to know that the mortgage you apply for will be spent on the right four walls, surely there’ll be some tips out there! So, with this in mind, let’s go through some of the things that make a place great to live in.

Green Space and Quiet Places

One of the main things you want when moving to a new area is the promise that greena and open spaces are nearby, and that they’re as peaceful and secluded as you would need them to be. Even when living in a city, it shouldn’t be a hard push to find a park in the center or on the outskirts, where you can go for fresh air or to walk the dog.

Take London, Ontario as a good example here – London is an great place to live because of its emphasis on natural environments and the need for them in day to day life. It’s known as the ‘Forest City’ because of how green the whole place is, and that’s important for both your current and future happiness when trying to find a place to call home.

Facilities to Suit Your Family Situation

If you’re someone with a big family, you’re going to want plenty of child friendly places to take the kids on weekends and days off. Similarly, if you’re someone with elderly parents or a disabled sibling that you help to take care of, you’re going to want to move somewhere that has accessible facilities and a great local community support.

All in all, you need to move somewhere that’s suitable to your current living situation, and not just a place you think would be good for the future.

There’s an Eco-Friendly Plan in Place

And finally, make sure you’re moving somewhere that has a green plan all set and ready to go, and is taking steps to reduce the carbon footprint of the city as a whole. After all, you want to move somewhere sustainable, where you can do your bit for the planet, and that’s key to feeling happy and fulfilled in your home setting! Cities are growing quite rapidly, and the environment is struggling to keep up; move somewhere you can be sure you’re helping to offset the problem.

What makes a great place to live? Ultimately, it’s up to you!

The Offer You Should Have Refused: Tips On Avoiding Home Buyer’s Remorse

Standing in your new property, you quickly realize that you took up an offer you should have refused.

The seller didn’t tell you about those hidden maintenance problems that are now causing you both a literal and a financial headache. They didn’t tell you about the neighbors next door who are clearly fond of the party lifestyle. And you didn’t ask the right questions to your realtor, meaning that you are only now facing the consequences of your impulse decision to buy.

In short, you are now feeling that all-too-common sense of home buyer’s remorse! Well, that could be the case for you. But let’s rewind to the moment before you take up the offer that the seller makes to you. Let’s rewind to that moment when you still have the opportunity to look elsewhere on your property search. Let’s consider the things you need to do to avoid making a mistake with your purchase.

#1: Walk around the location

The right home is clearly important, but never underestimate the location you move into. If it has none of the amenities that are useful to you, and if you can’t commute to and from work easily, then you might want to reconsider a move into the area. You might also want to reconsider if the area is akin to a crime-zone, if there are no opportunities to take part in potentially life-changing hobbies, and if the neighbors are loud, noisy, and clearly unwilling to look after their properties. So, walk around the location to get a good impression of the neighborhood, and then run in the opposite direction if it doesn’t take your fancy!

#2: Bring in a home inspector

Home sellers are very good at disguising problems in their properties. When you attend the viewing, they might distract you away from certain rooms in the house. They could fill the property with sweet aromas to stifle any unwelcome smells of damp. And they could hide any problem sounds with music and chatter. You then leave with a positive impression and only later discover you have moved into a money pit after receiving the keys to move in. So, when you have found a house you are interested in, bring along a home inspector. He or she will assess the property for any maintenance problems and will guide you as to the viability of the purchase.

#3: Create a list of questions

To ensure you don’t forget to ask anything vital to either the seller or the realtor, create a list of questions to ask in advance. So, you might want to review your wants and needs and include them in your questions. You might want to ask about the financial aspect of the property, including information about utility and property tax prices. And you might want to ask the seller why they are selling, as if you can pick up any unhappiness in their reasons for wanting to move, you might want to think twice before buying. Here are just some of the investigative questions you might want to add to your list, but be sure to take the time to add your own.

So, don’t run the risk of home buyer’s remorse. Don’t make a decision that you will later regret. Follow our suggestions, and commit to as much research as you can before taking up an offer that you should have refused.

21st-Century Problems You Must Consider Before Investing In Real Estate

Investing in real estate has been around since the dawn of time, so it’s an opportunity you should always consider. Of course, it isn’t a sure thing that is guaranteed to boost your return on investment. If anything, the recent problems since the Housing Crash have made it harder to turn a profit. It’s not impossible, but you do need to take specific factors into account that you didn’t before. So, to help, there is a list of the most vital ones you shouldn’t overlook below.

In real estate, there are never any guarantees, but negating the following should make your goals easier to hit.

Fluctuating Interest Rates

Before 2008, interest rates were pretty steady. Now, they go up and down like a yo-yo, and it’s potentially harmful to your property investment. The reason is simple: each fluctuation impacts demand. Should it go up, the cost of a mortgage will rise too, but the competition in the market will fall. On the flip side, low demand means competition will increase as mortgages become cheaper. Therefore, understanding whether you’ll A) get the mortgage you want, and B) land your dream property depends on interest rates somewhat. A mortgage broker can clear things up if you’re unsure.

Renters Vs Buyers

Finding tenants could be a significant part of your plan to pay off a second mortgage and sell the property later down the line for a considerable profit. In that case, you should perform a credit check and top-up your insurance policy. Easy Property has advice if you want more inspiration. Selling is different because millennials don’t have the resources to buy outright, and baby boomers are already on the property ladder. As a result, your ability to flip a house for a quick profit might be compromised if you don’t reevaluate your investment plan.

Environmental Issues

Global warming is here, and it’s not going away any time soon. Whatever you think about the new phenomenon, there’s no doubt that the change in climate affects homes around the world. To buy a beachfront property is a mistake as the tide will wash it away in years. Of course, houses out of the blast zone aren’t always available, which is why you must consider extra protection. Gulf Coast Modular Homes builds their custom designs to withstand hurricane winds of 180 MPH. This is an excellent example of an out-of-the-box feature you have to factor into your decision in 2020 as global warming worsens.

New Governments

Gone are the days when presidents served two terms and handed over to their replacements. Now, it seems as if some of them are lucky to get through one unscathed. As a result, you shouldn’t rely on bursaries and subsidies that exist now. Yes, Trump has been good to investors and will continue to do so if he stays in power, yet it’s impossible to tell. With his approval ratings and the mid-term results, the Republicans could be replaced come 2021.

Do you think about abstract features before investing? You should as they could be the difference between success and failure.