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During the recession and just after it a lot of houses were for sale. One could understand why. During this time many buyers made a killing by buying houses for cheap rates. With the economy improving the home market is a little tighter again.
When buying a home, you need to think a lot. Do you have the money to repay your home loan? If you are paying hard cash for the house, are you investing right? What are you looking for in the home?
You need a house that accommodates all your belongings. It should also accommodate you and your family members comfortably. A good house is one that has three bedrooms at least. If you have children you can give them the other two rooms, while you take one. There is no restriction on the minimum number of bedrooms you would want. You would want at least ten. The choice is yours.
As much as internal space, there should be space outside the house. You do not want to be locked up in your house. You should be living a little outside the house too. Like in the garden or in the verandah.
Houses with weak roofs fetch low re-sale value. That’s because a roof is always seen as a potential platform to construct another home. If you are living by the countryside this would not be a problem. But if you are living within the city, this could be.
You also need to check how the driveway is designed. Apart from this, check the general structure of the architecture. Check the number of pillars and beams that support the house.
