When house hunting, you often see a cheaper home in a nice area, and you get excited that you’re getting a good deal. However, rather than just looking at the list price, look at the price per square foot.
Location really does matter in real estate. Even if you plan to live in your home forever, a good location, or a desirable one, is what helps your home retain value, gain value, and contribute nicely to your net worth.
There are often issues with buyers getting clearance on a loan, and sometimes sellers change their minds. You can ask the appropriate questions by checking out the property history and arming yourself with that information.