Homebuying October 15 2018

Finding the Perfect Neighborhood

Amid the excitement of hunting for the perfect house for you and your family, don’t forget to pay attention to your surroundings. It doesn’t matter how perfect your chosen house is — disliking the neighborhood can make your living situation unbearable. And it works the other way, too. A neighborhood you love may be worth sacrificing an extra bathroom or granite countertops. We’ve compiled a list of ways to narrow the search for your dream location.

List your most-frequent stops.

Decide whether a long daily commute to work is a deal breaker, and also list places you visit at least once a week such as a gym, church, grocery store or relative’s house. For each neighborhood under consideration, write down how long it would take to get to each location, and how many miles. The gas money alone may convince you to reconsider.

Conduct a safety check.

To get an idea of what types of crimes are being committed and where you can visit www.crimereports.com/ or ask the local police department. Also be on the lookout for Neighborhood Watch signs—that doesn’t necessarily mean crime is a problem, but it suggests neighbors interact and work together to help keep each other safe.

Check out the school district.

Even if you don’t have school-age children, buying a house in a good school district can make it easier to sell your house in the future. Look at things like test scores and percentage of students who attend college. You can find the data at www.greatschools.org/ or through the U.S. Department of Education. If you do have school-age children, take the time to visit each school they may be attending.

Investigate the economy.

If you’re seeing several vacant homes and businesses, this could be a sign that the economy isn’t doing very well in that neighborhood. Ask a local real estate agent about appreciation trends and any future development plans. These will all have an impact on the value of your home and can help you decide whether it will be a good investment.

Take a stroll.

Before signing on the dotted line, take a walk around the neighborhood on a weekend. Are there a lot of families out doing the same thing? Are they friendly when you pass each other? This will give you a good idea of the sense of community and can also be an indicator of safety.

Trust your instincts.

It may be a safe, up and coming neighborhood with great schools, but none of that means anything if you simply don’t feel comfortable there. This is also why visiting each neighborhood is so important. Can you see yourself sitting on your front porch on that street? Would you and your dog enjoy walking on those sidewalks?   Whether you’re moving across the country or across town, it can be challenging to adjust to new people in a new place. Your neighborhood can have a huge impact on your daily life. It’s worth the time and effort to research, to make sure you’re moving into the perfect place for you and your family.  

Ready to settle into a new neighborhood? Speak to a Loan Officer today!

Search Results for query

February 07 2019

A Modern Mortgage with a Personal Touch

In the digital age, we know that you expect a simple online experience that is quick, easy and guides you step-by-step through the mortgage process. With Eagle’s Digital Mortgage, you can apply for a home loan faster and easier than ever before –...

Read More

February 04 2019

How Secure Is Financing Your Home Online?

Technology has changed the way we live our lives – including home financing! Eagle’s Digital Mortgage has been found to save days (even weeks!) in the mortgage process by providing a more complete pre-qualification upfront and an easy way for you to...

Read More

January 23 2019

A Community That Fits Your Lifestyle

You’ve worked your sixty-hour weeks and raised your family, now is the time to live the lifestyle you deserve. Lennar's award-winning Active Adult communities create a relaxed and stress-free setting while also offering a variety of amenities and...

Read More

December 13 2018

Student Loan Debt? How You Can Still Get A Mortgage.

While your student loan debt may look like the biggest obstacle getting in the way of homeownership, a lender may not see it as much of a threat. Here are what lenders are looking at and how your student loan debt affects your approval.

Read More

November 15 2018

The Impact of Rising Rates

If you’ve ever had a credit card or purchased a car, you should be familiar with interest rates. An interest rate is the percentage of the amount you are borrowing (known as the principle) charged by the lender as a fee for allowing you to use their money....

Read More

November 12 2018

What to Keep From Your Closing

After several stressful months of buying or selling your home, it may be tempting to put the transaction in the past and dispose of the evidence—which is often more than 100 pages. However, there are several important legal and financial documents...

Read More

November 05 2018

What is an Appraised Value?

Everyone wants to sell their house for more than they bought it for, but real estate is trickier than that. Markets change, and home values change right along with them. Fortunately, there are licensed professionals called appraisers who will come to your home,...

Read More

November 02 2018

Pros and Cons of Buying a Condo

Whether you are a first-time homebuyer or searching for home number ten, buying a condo instead of a house may be the perfect choice. Most condos are essentially a hybrid between an apartment and a single-family home. They are great for certain lifestyles but...

Read More

October 29 2018

What a Home Inspection Should Cover

Before making what may be the largest investment of your life, you’ll want to get a home inspection. Home inspectors are trained to examine the physical structures and systems of a house. If you’re going to spend hundreds of thousands of your...

Read More

12345Last

Mortgage Calculators

Crunch the Numbers With Our Helpful Mortgage Calculators

Payment Calculator

payment calculator

Payment
Calculator

Affordability Calculator

affordability calculator

Affordability
Calculator

Refinance Calculator

refinance calculator

Refinance
Calculator

The Modern Digital Mortgage with a Personal Touch

Paperless. Effortless. Awesomeness TM

Simplify the home financing process with our Digital Mortgage. We'll be here to help navigate you through the entire process.

Get Pre-qualifiedWhat is a Digital Mortgage?