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Location America, Location America, Location America

Location America, Location America, Location America

Page: 1/2
by Brendan Ryan

We all know the real estate mantra 'The three most important things to consider when buying a property are the location, location and location.' When you buy a home in America that rule stays the same, but the factors that combine to make a great location do change. Here's our guide to the most important factors to consider when weighing up a property purchase in the United States of America.


1) School District
Whether or not you have children of school age, you should be aware that most buyers do, it is therefore important to evaluate the school district the property is located within. When the time comes to sell this will likely be an important factor in your persuading a buyer to purchase what will be your home. Your real estate agent should be able to show you State reports on the schools within the district.


Do your own research: Get in your car and drive past the local schools. Do they look in good repair? Call the schools and ask them about class sizes.

2) Local Taxes
Each city raises taxes in the form of an annual levee based on the assessed value of your home. Rates can vary widely depending on how well each city is being managed or the fiscal philosophy of the local government.


Do your own research: Make yourself aware of city boundaries, always check property listings for taxes, if they are not mentioned on the listing, ask! When comparing two properties, always compare the respective taxes just as you would compare any other feature of the home. Look out for special assessments and pending special assessments which may be coming down the road for neighborhood improvements which are in the planning stages.





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