You’ve probably heard that ages-old answer to the question about the three most important things a property should possess if you’re considering its purchase. Of course, that answer is “location, location, location.” And while that response may elicit a chuckle from most people, the fact remains that this is undoubtedly the best advice a homebuyer can receive as they ponder which house will soon be theirs.
But why does location matter so much? If it’s a great house on a so-so block, isn’t that a good deal? After all, you’re getting the best house available? And shopping isn’t all that far away, right? And it’s only a 30-minute bus ride for the kids to get to school! Sounds like a good choice, correct?
There are many reasons…