3 Places You Shouldn’t Buy a Home
When looking for a home, there are many factors to consider, and location should always be at the top of the list. Whether or not it is close to good schools, public transportation, or recreational activities ranging from the downtown bar scene to the open ocean, where your home is located is obviously a determining factor.
However, here are three locations that might seem like great spots, but you are probably going to regret in the long run.
1.) Right next to your parents. In theory, finding a place right next to Mom or Dad might seem like a good idea…but think again. The fact is, you need some space, and even though you aren’t living together, it will very quickly begin to feel like it.
And the feeling goes both ways. Think it’s annoying to have to park around the block so they don’t “pop in” after they saw you were home? They’re doing the same thing so they don’t have to babysit for the 26th day in a row.
So don’t put unnecessary strain on your relationship. Even if you can’t get enough of your family your significant other might not feel the same way. Don’t put them in that position.
2.) In a very new development. The main issue here is construction. If you were planning on spending your weekends relaxing in the hammock to the soft sound of tweeting birds, you’re sorely mistaken. This developments need to go up as quickly as possible, which means unless it’s blizzarding outside (and sometimes even if it is blizzarding outside), you’re going to be trying to sleep in on a Sunday morning to the sound of hammers, drills, saws, radios and more.
And if you’re set on a developing neighborhood, try to purchase a home on the already developed side. That way, if you’re lucky, you won’t be completely surrounding by construction sounds all summer long.
3.) In the middle of a tourist spot. A few years ago a friend of mine looked at home in Panama City, Florida. Located right in the middle of downtown and only a few miles from the ocean, it seemed like a deal too good to be true. He bought the home, moved in, and was enjoying life until about the middle of February…when spring breakers started arriving.
Little did he know, Panama City pulls in some of the largest college crowds in the country. His quaint, close to downtown and near the ocean home was at the epicenter of college parties. September-January was a dream, but the other eight months of the year were almost unbearable.
So make sure your home is at least a tad bit on the outskirts of tourist hotspots. Otherwise, you’re going to be staring at fanny packs and giving directions for a great majority of the year.
