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Friday, July 04, 2008   
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Determining Your Needs

Why is Location Important?

Of course, the first step in deciding on a new home is your lifestyle today and how it will change over the next few years. Are you active in sports? If so, a location with a nearby health club or recreational facility would be ideal. Are you a nature lover? Then perhaps an area with parks and walking trails would suit you. Think about yourself and your family and decide what you enjoy doing and what type of lifestyle you would enjoy in your new home.

Which Neighborhood is Right for You?
Your ideal home may not really be ideal if it's downwind from the garbage dump or right next to a freeway overpass. Think about the view. Will you like what you see every time you look out your windows? Selecting where you want to live is as important as deciding what type of dwelling you'd like to live in.

Consider how far your selected neighborhood is from where you work and how far you're willing to commute. You'll also want to think about about schools if you have - or are planning to have - children. And what about medical facilities, places of worship, public transportation and recreation?

If you're contemplating the move to an unfamiliar neighborhood, take the time to go exploring. Walk around, drive around, get a feel for the distance to the nearest grocery and convenience stores. Make some notes. Take the neighborhood tour at different times of day and contact the local municipal office to find out what future developments are planned.

You'll also want to check zoning bylaws and fire codes; especially if you plan to rent the basement or conduct a business in your new home. In-law suites, student housing, basement apartments and duplexes often have very specific code requirements.

Read More

1. Determining your needs
  Learn
 - Your Lifestyle
 - Location, Style and Cost
 - Why is Location Important?
 - Choosing a Neighborhood
 - Your Housing Needs
 - Types and Styles of Homes
 - What Can I Afford?
 - Your Team and Their Roles
    - Agents
    -
Contractors
    -
Appraisers
    -
Lenders
    -
Mortgage Brokers
    -
Lawyers/Notaries
    -
Home Inspectors
    -
Insurance Brokers
 Plan
 -
Neighborhood Features Checklist
 - Monthly Expenses
 - Your Team of Professionals    Worksheet
 Do
 - Home Features Checklist
 - Home Hunting Worksheet
2. Arranging a mortgage
3. The offer
4. Closing
5. The move

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