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Well this one is pretty easy one of the most important things, and I know it sounds cliché
but it really is location, location, location. It is really important to purchase a house
in the very best location that you can afford. Because with any property you can always make
changes to it, but you can't pick up the property and move it elsewhere. So in terms of future
investment you know if it is in a good location that likely you aren't going to have trouble
selling it in the future and it's only going to increase in value. There are a number of
other factors that somebody should think of when buying a home in Toronto. For example
it really depends why you are going to purchase it. So if you are purchasing it to build a
property on it then obviously you need to look at the lot size, where it is located.
If you are looking to move your family to a new location you want to consider what amenities
are around or what great schools. If you are looking to buy a resale, then you might want
to get a good home inspector to look in and make sure that there aren't any major deficiencies
in the house because you don't want to come across any problems later in the future. And
also for condominiums you need to look at, what are the maintenance fees, you may have
your lawyer look at a status certificate; which is really the document which outlines
the condition of the building and looks to see if there are any reserves in the building
just to make sure you are not going to encounter any problems in the future. Really depending
on what you are buying and why you are buying there are a lot of things you need to consider.