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Home Purchase Considerations
Most buyers' first consideration, after neighborhoods are chosen, is the number of bedrooms. As you begin to view homes, keep the following purchase and resale considerations in mind:

    • Weigh your needs, purchase/maintenance budgets, and personal tastes in deciding what type of home you wish to purchase: a newly constructed home, an older home, or a home that requires some work (a "fixer-upper"). Two-bedroom/one-bath single houses generally have less appeal to many buyers than a home with three or more bedrooms, and therefore less appreciation potential. Homes with "curb appeal" (a well-maintained, attractive, and charming view-from the street appearance) are the easiest to resell - when resale is a possibility, don't buy the most expensive house on the street, or anything that is unusual or unique. And, the biggest, most expensive house on the block is not usually considered to be the best investment. The best investment potential is traditionally found in a lesser expensive, more moderately sized home on the street.

What to do When You've Found the Right Home
Before you begin the home buying process, resolve to act promptly when you find the right house. Every REALTOR has stories to tell about a couple who looked far and wide for their dream home, finally found it, and then revealed that "we always promised my Dad we'd sleep on it, so we'll make an offer tomorrow." Many times the story has a sad ending--someone else came in that evening with an offer that was accepted. TIP: Resolve at this point that you will act decisively when you find the house that's clearly right for you. This is particularly important, after a long search or if the house is newly listed and/or under-priced.

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