How to pick the right house
| interior|
Don’t lose your home, because
home is where the heart is
4. Zoning: Local laws set lim8. Size: Square footage is imits on the number and size of
portant, but so are the relative
housing units that can be built
sizes of the various rooms and
on residential lots. That means
the use of space throughout the
some areas may be open to
house. A staircase, multiple hallmansion-sized homes or higher- ways or odd alcoves could make
Shopping for a home can be a
large house seem a shortfall
outstandingabalance if there issmaller than after
lotRepaying your bond – many the most
of fun, especially when one of density housing (e.g., duplexes
the sale,” warns Slabbert. “This means that not
important financial commitments apartment buildings) while
to make
or
its square footage. Check out
attractive homes are on the
only have the closets, too.
Your home is one of make an
the biggest assets you restrictions that you lost your asset and your home,
other may have
market. But before you
but you still owe the remaining balance to the
will ever own in your lifetime and one that can
offer on the one that’s captured prohibit such uses.
bank.”
create long-term wealth, if handled properly.
9. Floor Plan: Some houses have
your affections,your bond repayments will not only
consider these
There are a few ways to ensure that you protect
Not fulfilling
5. Lot: A house that’s next to
an efficient and pleasing arcriteria:
your biggest asset.
jeopardise this important asset, but can also
a shopping mall, school,“Budgetingrangement of rooms while othpark,
is imperative; your bond is one of
have an adverse effect on your entire financial
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