Buying a new home is everyone’s dream and most people will try as much as possible to achieve it. Having a nice home is, however, not an easy thing as a lot of people will mostly find it hard to settle for a house. This is because a lot of things have to be looked into. Owning a home is a lifetime investment, and every decision you make will count in the long run. Get a house that you and your family will be comfortable to live in. a few of the factors to consider before buying a home have been discussed below.


As a discerning home buyer, you must scan the security apparatus that are put in place to mitigate any risks. Some of the security facilities that are non-negotiable include the presence of a police post near the establishment, perimeter wall with an electric fence and a presence of security guards.

2.Payment plan

Buying a home is a capital intensive investment. Only a few people can afford to pay the amount required up front. Discuss with your property development partner if they have a reliable repayment plan.

Also, to make the journey lighter on you,  reliable financial partners who will hold your hands through the process will definitely come in handy.

Before you decide on the financial partner, you need to consider the following; how affordable are  their mortgages and loans? What is the repayment period of the loans given out? What about the collateral that the bank accepts to give out a loan?

3.Move-in Ready?

Home inspections are essential to buying a home and they most often work in the buyer’s favor. Dangerous conditions found in a structure and even flaws can be repaired at the cost of the seller before the buyer takes over the property.

Other improvements are easier to take care of while a home is empty, so finishing wood floors or installing carpeting, or just adding fresh paint colors to rooms, might be an up-front cost and labor charge to consider. Timing the closing of a home sale with an end to a residential rental lease is another factor, and if you’re moving into a move-in ready home, it usually works. However, if you’re planning for major improvements that will keep you from moving in until they’re completed, having a cushion of savings for accommodations and storage if there are delays isn’t a bad idea. If a fresh coat of sealant is covering newly refinished wood flooring, for example, and humidity adds days to drying time, you can be stuck outside waiting while new tenants are already settling into your old rental

4.Memberships and Utilities

When shopping around for a rental, most factor in the cost of monthly utilities as a major part of choosing where to live. Shopping for a home should be no different — except you should take an even closer look at what it will cost to live in comfort. Researching the average utility bills per month for the prior owners or renters can be helpful, especially if you compare their average consumption to yours.


Before owning your home, you should know that you are going to be part of a larger community. It is, therefore, your duty to carry out your small investigation, about the people that you intend to make your neighbors later on if you decide to settle there. Take a walk around, eat at the local café or make a friend if you have to and ask for small details about the area and activities that go on around there.