For people looking to buy a new house in good location with a limited
budget, purchasing a second-hand house could be the best option.
There are thousands of second-hand houses offered in the market,
making it a challenge to finding the right investment opportunity.
Location, type of home and budget are three equally important
factors to take into account when selecting a second-hand house
because they are scattered in many spots all over the city. If
a person really wants to stay in one specific location, he should
look around at what is available in that area before making a joint
decision with family members. Investing in a house is often the
largest investment one makes in his or her life. Therefore, consultation
among family members is needed for the sake of the happiness.
While searching for potential houses, one should search for those
available in the preferred location within a targeted budget or
use a broker to narrow down interesting choices. A big family may
opt to buy a two-storey single house while a smaller family may
choose only a townhouse.
When choosing a home location, the prospective buyer should consider
total monthly expenses to be incurred by adding up all necessary
expenses including transport to the workplace and children's school
with the estimated monthly instalments
Many people may want to live in a house close to the entry of
a soi or on a main road for the purposes of convenience but they
need to consider the trade off with the likelihood of constant
noise due to traffic.
Once making a decision using the three factors, one should visit
the potential new house during the day as well as at night. Some
places may be lovely in the daytime but the location may be too
dark at night with no street lights in the area.
Visiting a likely new house purchase is the most important thing
to do before committing a deposit. When paying a visit, one must
closely examine the structure to determine whether it is in good
condition. If the structure is weak, the house could easily collapse.
"Cracks or leaks could easily be repaired but the structure
is very difficult to get back in good condition," said Wongjan
Nankongsak, general manager at Home Maintenance Co.
One should look at all rooms in the house and see if there are
cracks and leaks as well as the overall condition. Also, homebuyers
should look at all design choices to see which ones match their
needs. Houses constructed in the past few years tend to have better
designed spaces for modern appliances than those built more than
a decade ago.
The house's colour is not a significant issue as buyers can easily
change it to their preferred shade at little cost.
Buyers should also look out for pests and insects, particularly
termites. One should not buy a house severely damaged by termites.
One should also talk with neighbours to get information about
the surrounding environment, particularly about the risk of being
robbed. While getting to know the neighbours, one would have a
chance to see who will be living next door.
Another thing that should not be forgotten is to get information
from the district office about possible road expansion plans, to
make sure the house is not in an area that may be expropriated
in the future. One should be sceptical about a house offered at
an unusually low price as there might be an outstanding issue involving
land expropriation.
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