Relocating" Watch for these Neighborhood Red Flags
In a perfect world, every neighborhood would resemble Mayberry. Everyone would know each other by name and your next-door neighbor’s yard would always look as manicured as your own. Unfortunately, there’s no such thing as a perfect neighborhood and every zip code has its own pros and cons. Still, there’s nothing worse than having home […]
The post Relocating" Watch for these Neighborhood Red Flags appeared first on Freshome.com.
In a perfect world, every neighborhood would resemble Mayberry. Everyone would know each other by name and your next-door neighbor’s yard would always look as manicured as your own. Unfortunately, there’s no such thing as a perfect neighborhood and every zip code has its own pros and cons. Still, there’s nothing worse than having home buyer’s remorse just because of your neighborhood. You might love a house, but if it’s in a problematic area, it could affect everything from resale value to the way you live your daily life. If you’re relocating, protect yourself by watching for the red flags that could warn you something’s not right.
A mass exodus should be a red flag. Image: romakoma/Shutterstock
Red flag #1: Too much inventory
Having a lot of homes to choose from helps drive down prices. Great for a buyer, right" Actually, it depends. Having a lot of inventory might mean cheaper homes, but it could also mean there’s something causing homeowners to want to leave. It c...
The post Relocating" Watch for these Neighborhood Red Flags appeared first on Freshome.com.
In a perfect world, every neighborhood would resemble Mayberry. Everyone would know each other by name and your next-door neighbor’s yard would always look as manicured as your own. Unfortunately, there’s no such thing as a perfect neighborhood and every zip code has its own pros and cons. Still, there’s nothing worse than having home buyer’s remorse just because of your neighborhood. You might love a house, but if it’s in a problematic area, it could affect everything from resale value to the way you live your daily life. If you’re relocating, protect yourself by watching for the red flags that could warn you something’s not right.
A mass exodus should be a red flag. Image: romakoma/Shutterstock
Red flag #1: Too much inventory
Having a lot of homes to choose from helps drive down prices. Great for a buyer, right" Actually, it depends. Having a lot of inventory might mean cheaper homes, but it could also mean there’s something causing homeowners to want to leave. It c...
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