Visit Neighborhood Prior To Buying

Always make impromptu tours of the neighborhood prior to purchasing a home within the neighborhood.  In many states, buyers have three options available to them to make tours and visit with homeowners within a neighborhood.  The first option, visit and tour the neighborhood prior to making an offer.  This is the ideal time to perform this task, but not always feasible due to time constraints caused by other factors.   For the second and third options, many states provide a period of time whereby the buyer may be able terminate the contract with minimum financial lost.  Therefore, the second option would be to submit a contract offer to the seller, then immediately visit and tour the neighborhood while the seller is reviewing and/or accepting the offer from the buyer.  Finally, the third option, has different names in different states, but essentially after the seller and buyer have executed a written contract, there is a grace period whereby the buyer can terminate the contract with minimal financial lost.  This would be your final opportunity to visit and tour the neighborhood.  When touring the neighborhood, do it at least 2 or 3 different times of the day.  Visit with the neighbors, talking about schools, parks, theater, restaurants and convenience stores.  Buyers, who checkout their new neighborhood have greater peace of mind that they have made the right decision.