• Home
  • Rates
  • Lenders
  • Guidelines
  • Blog

Stated-Income

The Top Ways to Learn About a Neighborhood Before Buying

March 13, 2018 By JMcHood

When you buy a home, you buy more than the structure itself. You are buying into a neighborhood – an area that you will spend a majority of your time. Knowing what the area is like can help you determine if you are making a good investment. No matter how much you love a home, if you don’t love the area it’s in, you can quickly learn to dislike it.

Looking for Current Mortgage Interest Rates? Click Here.

Visit the Neighborhood at Different Times

Aside from the times that you visit the home you want to purchase, you should also visit the neighborhood. Pick different times of days and different days of the week to walk or drive through the area.

Try picking at least one weekend day and one weekend night as well as one weekday and one weeknight. This way you can get a feel for what the area is like at different times. For example, the area may be nice and quiet on a Monday night when everyone is inside preparing for work and school the following day. However, Friday and Saturday nights may be a different story.

Visiting at different times will give you an idea if you have partiers as potential neighbors. You’ll also see how many children are around and what they do. Are they running haphazardly through the streets or are they out with their parents playing nicely? These are things you’ll want to note as you figure out the type of area you’d be the most comfortable living.

Talk to Neighbors

It’s not creepy if you strike up conversation with potential neighbors. Let them know you are looking at a particular home and see what conversation they strike. You can ask particular questions, such as:

  • What’s the noise level like?
  • How is the crime in the area?
  • Do the neighbors get along?

This is just a sampling of what you could ask. You obviously know what information you need to help you make the right decision. Try talking to at least 3 different neighbors to get an idea of what the area is like. You never know when they may even have information to provide about the home you want to purchase. It could help influence your decision.

Click to See the Latest Mortgage Rates.

Use the Internet

The internet can provide a wealth of information too. From blogs to newspaper articles, you can find out the details on almost anything that happened recently or in the past. Neighborhood blogs will give you the most up-to-date ‘gossip’ and information on the activities going on in the area. It may also help alert you to any issues going on in the area. You can find neighborhood information by searching the neighborhood name in Google. You can also check Facebook for groups specific to the area.

Newspaper articles will help highlight any recent crime that you may want to learn more about before making a decision. If crime seems to be an issue, there are also apps for your Smartphone that you can download that help you determine the types of crimes occurring in the area and how often they occur.

You may also want to know what the area schools are like. Greatschools.org is a great website to help you find this information. Even if you don’t have kids now, you should still determine the quality of the schools. Whether you’ll have children in the future or not, the quality of the area’s schools can make or break your home’s resale value in the future.

Check the Sex Offender Listing

Last, you may want to check the sex offender list to see if any sex offenders live in the neighborhood. This may or may not affect your decision to move into a home, but it doesn’t hurt to be informed. You can check the listing here. You can simply enter the address of the home you might buy and you’ll get a map of the proximity of any registered sex offenders.

The best way to find out about a neighborhood is to do your research. You’ll need to do some legwork and the rest online. The more research you put into an area, the more you’ll know about it. While you shouldn’t base your decision solely on the area, it should play a role. You’ll want to know what you are getting yourself into before making an investment in a home.

Click Here to Get Matched With a Lender.

OUR EXPERTS SEEN ON

IMPORTANT MORTGAGE DISCLOSURES:

When inquiring about a mortgage on this site, this is not a mortgage application. Upon the completion of your inquiry, we will work hard to match you with a lender who may assist you with a mortgage application and provide mortgage product eligibility requirements for your individual situation.

Any mortgage product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the mortgage credit product.

When applying for a mortgage credit product, lenders will commonly require you to provide a valid social security number and submit to a credit check . Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved for mortgage refinancing.

Minimum credit ratings may vary according to lender and mortgage product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee.

Copyright © Mortgage.info is not a government agency or a lender. Not affiliated with HUD, FHA, VA, FNMA or GNMA. We work hard to match you with local lenders for the mortgage you inquire about. This is not an offer to lend and we are not affiliated with your current mortgage servicer.

Contact Us | Terms of Use | Privacy Policy | Media | DMCA Policy | Anti-spam Policy | Unsubscribe

Buy Mortgage Leads

Mortgage.info

NMLS ID #1237615 | AZMB #0928735

8123 South Interport Blvd. Suite A, Englewood, CO 80112

CLICK TO SEE TODAY'S RATES