Purchasing a home? 10 things you should consider

When planning to purchase property, it is important that you have a clear understanding as to what factors should be considered a necessity. Here are10 important home requirements you should be mindful of when purchasing a home:

Energy efficiency. Savings are one of the key considerations when purchasing property. When the household budget comes in, all homes deal with energy expenses. The more you can save on energy, the better.

Storage. Storage space is another high priority. Modern home buyers prefer walk – in closets, pantries and other built in storage.

Technology. The latest innovations are sure to attract home buyers, especially if these are modern innovations, such as LED lighting and temperature controls.

Security. Property buyers also look into security solutions that are available such as glass and motion sensors. This is a big plus when buyers are purchasing property.

Space. As with any property, any ingenious ideas to save and maximize space is sure to attract home buyers.

Kitchen. Recently, kitchens have become a selling point for property buyers. Add in a modern finish and energy efficient appliances and you’re sure to get people interested.

Laundry. A basic requirement for homes – and surprisingly, one of the top features required when purchasing a home, according to recently conducted surveys.

Upkeep. Large homes are slowly losing steam. Newer homes that are easier to maintain are attracting more buyers.

Location. What’s a perfect home if it’s not in a perfect location? this is still a top priority when purchasing property.

Read more about this on the Property Observer website.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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