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How to know you're buying a house in the right neighborhood

Why location is key to a successful buy

You can get lost in the many factors involved in buying a house. However, one thing that is vital to success in your purchase is location. Check out this video to see how you can pick the right location for your next big buy.
 

One of the most important factors in purchasing a new home is location. However, how are you supposed to make sure the location is right for you? Stacy Johnson of moneytalksnews.com has a few tips to help solve this dilemma.

Kids? Family? Urban living? Johnson says the first thing you should do is figure out what you want for your future. He says good signs in a neighborhood are trendy retailers and upscale, locally owned businesses. Another good sign is people outside fixing their properties. If you think you have found the neighborhood you want to live in, visit it during different parts of the day and week so you can see the type of place it is. Johnson also encourages talking to people other than your real estate agent — for example, neighbors and business owners. This way you can gain some true insight on how it is to live in the neighborhood and the kind of people who reside there. Evaluating the location is crucial in purchasing a property, not only for your own comfort, but for later on as well if you one day decide to put your property back onto the market.

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