The biggest consideration in buying your first property is your budget. This dictates the overall price or amount of property to purchase without giving you a hard time financially. You can first check your monthly income to know your capability to pay for monthly amortization, association dues, and other payables.
Your home should be close to public terminals or transportation, hospitals, markets, banks, and more. You can also consider having a school and playground nearby if you have kids. Ideally, the neighborhood should be safe and secure from flood, fault lines, and natural calamities.
Know what you want and need in your house and clear it out to your broker or developer. These amenities include swimming pools, gym, garden or open spaces, and playgrounds. Although additional amenities entail additional expenses both for association dues and maintenance fees, they’re still worth the price!
To ensure the quality of your first house, you should consult a credible broker or developer with a good reputation. You can trust him or her with your home visions and helping you out with your purchasing decisions. Your broker and developer can also pitch in multiple home suggestions that would fit in your goals. In fact, finding the right broker or developer will make your journey a lot easier.