When it comes to major investments, buying a house is at the top of the list for most people. That means that limiting costly mistakes beforehand will help obtain the most value for the price paid.

Listed in the infographic below are some important tips on making sure that whether it’s a new home or one that’s being sold by the current resident, such an investment turns out to be a good one.

Seemingly everyone wants to live in a large home, yet few can afford the expense of buying and then maintaining it. Establishing a regular budget for the foreseeable future will help determine what type of home is best.

Nothing is worse than purchasing a home and quickly finding out that major foundation problems exist and will cost plenty to fix. That’s like paying a surcharge on your purchase price.



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