The are plenty of factors that need to be considered when making the decision on buying a house.
LOCATION: This is a very important factor to consider before you make payment. Is it near a school, church/mosque, is the area safe, stalk the neighbourhood morning/afternoon&night to get a feel of the surrounding & neighbours. Many have fallen victim of buying a home and then later finding out the neighbourhood is not for them.
INSPECTION: Also very important as you don't want to sign the dotted lines and move in only to discover faults which you have to bear the cost for. It is advisable to hire a home inspector to give the home a thorough physical, do the roofs leak or the house flood when it rains, is the plumbing working fine, electricity and every other thing. Doing this saves you in the long run, and if the home inspector find anything, this can be used as a price bargaining tool.
BOUNDARIES: Where your property starts and ends & where the neighbour's begins. Knowing precisely your property lines saves you from potential future dispute.
Some say the best time to buy property is in the spring, some say winter, we say the best time to buy a home is when you have the money and you find your perfect home. Trying to monitor the market sometimes work, however either someone who is more interested snatches up your dream home or price goes up and stays up, and you end up paying more trying to pay less
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