Choosing Your First Home: What to Look for When House Hunting
It's important to remember that the first house you buy isn't likely to be the one you'll live in forever. Instead, you might consider looking for a starter home when you are tired of renting and unable to afford your dream house. Approaching the house-hunting process with this caveat in mind will allow you to forgive some of the property's shortcomings and put you in a good position to profit when you resell the home. Here are a few tips to consider: Investigate the Neighborhood While it might seem like a good idea to take advantage of the potential profitability of an up-and-coming neighborhood, you likely won't be living in your starter home long enough to see a major shift. Instead, look for your first home in an already established, safe neighborhood because it'll probably keep its desirable status, and this can be an advantage for you when you want to sell your house in the future. Many first-time buyers are also in the process of startin...