Buying a house is a big commitment and searching for a home that is just perfect and fulfills your every need is an even bigger headache. For your convenience, we have compiled a list of things you need to know; important things that will help you narrow your search without having to settle down.
Why Boise Idaho is a good place to live
The best place to live
Boise, Idaho has been ranked favorably by U.S. News Live on the list of best places to live. This is mainly because Boise has a high livability rate and allows you access to the perfect combination of both urban and rural life.
A safe place to live
Studies have shown that Idaho is one of the safest States to live in. The safety index starts at an amazing 82.3 which means most people find the place safe enough to sleep during the night without locking their doors.
Boise is extremely business-friendly
The economy of Boise is quite thriving. Most of the residents boast of steady and well-paid jobs. The unemployment rate is especially low and is 1.5% lower than the national unemployment rate. The city supports a booming tech industry, allows many new startups, as well as being home to big tech companies like HP and Micron. In addition to technology, Boise is a healthcare and hospitality center as well. So, it is safe to say job opportunities are certainly in abundance in Boise.
Buying a house in Boise, Idaho is a good investment
Boise, Idaho has one the largest real estate businesses. It is not only extremely popular, but also has been known to have the best track record for bringing in long-term clients return to the entire US market. If you have been thinking or planning to invest your money in Boise real estate then rest assured your money will not be wasted. Instead, if you plan carefully and wisely then this investment can turn into a firm and secure base for your future.
Things you need to know before you buy a house
Buying a house is a long-term investment and it is more complicated than you think, so before you make any decisions or take any big steps, here are some things you need to learn about a house before you buy it
Give the house a thorough check yourself
Sellers go through significant lengths to mask any smelly carpets or pest issues when they put the property they are selling on an open house. Don’t shy away from smelling the carpets, moving furniture around, knocking on the wooden floors or even the walls to see if they sound okay or might have a termite issue. If you are buying a house with the electronic appliances included, then make sure to see if these appliances are in a good working condition. Appliances like dryers and dishwashers tend to be infested with ants or rats so, make sure to give them a good check.
If the house comes with a heating and cooling system, then that is something you will have to check as well. In most older houses, the flue of the heating system is usually cracked or worse, broken, which might result in Carbon Monoxide leakage.
Don’t skip on a professional opinion
While you might think that dealing with a house seller directly, instead of involving real estate agents, might save you the commission, then think again! Skipping on the real estate agents also means that you might not be allowed a full walkthrough tour of the house before closing, which can certainly lead to some nasty surprises later on! Involving a lawyer or, seeking guidance from them, is also a good idea; most buyers don’t know that they could ask a seller to sign in a disclosure form which will allow them to sue the seller if things didn’t turn out as they said.
Think with a cool head
Try to keep a cool and level head during the entire homebuying process. Think rationally and try not to fall in love with the house before you consider all options and satisfy all of your doubts. Being emotional will only cloud your judgment and you may end up making a decision that you might regret in the future.
Don’t let the circumstances pressure get to you
If your realtor asks you to put up an offer for a house, it doesn’t mean you have to. Often realtors will push you to make the deal only so they can earn their commission and close the deal. The wise thing would be to think about it carefully, consider the resale value and also how badly do you need this? Remember it is going to be your house; it is your money so don’t let the realtor, or anyone else, make the decisions for you!
Make sure you have enough savings for your move-in expenses
You might think that you have enough saved for your down payment and closing costs but there are still more expenses that you need to pay for. Ideally, you should set aside enough money for the move-in expenses, and a buffer that you need to pay for what will go inside the house. Additionally, you should have money saved for any furnishings, appliances, decorations or, even any improvements, like paint, etc. that you might want to make after you move in.
Now that you have all the knowledge and know all the tricks of buying a home, we believe you are ready to start looking for homes in Boise, Idaho and will certainly make a wise and safe choice!