So you’re starting a family and you want to buy a new home in Newport Beach, California. This may be one of the major challenges to face as a new couple. But when looking to buy a home, Patrick Tenore. advises that you choose the perfect spot (and for reasons). You might have heard that location, location and location is the single most important aspect of selecting a home in Orange County. See the following reasons why.
There are major reasons people choose to buy a home in this location, not in another. Some desire to flip their homes later, anticipating it will increase in value after a couple of years; some to get convenience, comfort and safety.
Above are some reasons home buyers instinctively desire when looking for a location where to find a real estate property. But aside from those, people look for homes that fit the budget objectively.
When looking to invest on real estate for flipping later, there are certain factors to consider, according to Patrick Tenore Sr., including planned development in the vicinity, historical price fluctuations and overall local market state, among others. And then, home buyers must factor in things more carefully if they want to come up with an informed decision.
On the other hand, there are buyers that want a comfortable location—a place that can fit their kind of lifestyle. (People have different taste, of course). Some can easily adjust to constant traffic noise and find no trouble with it; some would prefer a location in the tropics.
But to be truly comfortable, some people have their version—what they need and what they want to avoid (in choosing a location). This is where convenience is needed. When looking to buy a home in Orange County, Patrick Tenore Sr., says that you need to think of your lifestyle, if you’re the breadwinner, especially. Is the location convenient to go to and from work? From a mother’s perspective, is the home near school? So here’s a little checklist for you:
• Is the location near place of work and is it accessible through bicycle, car or public transport?
• Is it near school?
• What are the facilities and amenities in the area? (e.g. park, supermarket, restaurant, library, gasoline station...)
• Do you have a hobby where you need to travel for and is the home’s location nearby or you need to drive a few hours to get there?
• Is it a place where your friends and family live?
• (And other questions, which may help in deciding on the factor of convenience points of a location)
For safety, ask your real estate agent about the general threats or any social issues in the place. You can also check on crime statistics to figure out how safe a neighborhood is. But safety isn’t all about crime rate and statistics, you should check on any likelihood of flooding, soil movement and bushfires, among others.
Once you’ve figured these things out, you can easily narrow down your choices. For more help, get in touch with Patrick Tenore., a seasoned real estate agent in the Newport Beach and surrounding areas. Visit him here today!