Real Estate Developer

Gene Bernshtam Real Estate Advice: Choosing a Property

Gene Bernshtam Real Estate Advice: Choosing a Property

Gene Bernshtam, through his real estate development company Avalon Holdings, has built contemporary apartment buildings and mixed-use spaces in Chicago. Today he shares essential reminders for shoppers who are about to make one of the biggest financial decisions of their lives.

Image Source: dunamispropertymanagement.com
Image Source: dunamispropertymanagement.com

There are few transactions that are as big and important as buying a house. Apart from the price, the property one chooses will also have a big impact on his or her lifestyle, where he or she might work or send his or her children to school, or even on the family’s quality of life. Needless to say, plenty of thought and research is a must, and this doesn’t just mean scheduling a one-time visit to the property. While inspections are part and parcel of home shopping, it, unfortunately, does not reveal the entire picture, much less the information you should really be asking. First-time home buyers especially may be more vulnerable to making emotionally-charged decisions, so it is best to gather all the important information before signing the dotted line.

Nowadays, choosing a property often begins with a search online. Gone are the days when real estate agents were the gatekeepers of the industry. With a little help from your favorite search engine, you will be able to find, research, and inquire about a particular property in a location you are interested in. Searching online is good enough as a first step as you can get an idea of the neighborhood around before you schedule a visit or an inspection. Thanks to technology, you will be able to gather more information that may factor into your decision as well, things like proximity to restaurants, malls, and transportation links, to name a few.

Image Source: axispropertyadvisors.com
Image Source: axispropertyadvisors.com

Once you’ve scheduled a visit, be sure to take some time to inspect the surroundings as well. Is the neighborhood quiet? What kinds of people will be your neighbors—young families or retired folks? If you are able, you can ask locals what it’s like to live in the area. Keep an open mind, however, with their answers. The point is, you want to know as much as you can about these “little things” because they do make a difference once you’ve moved and settled in.

If you are in the market for an apartment unit, contact Avalon Holdings to learn more about its modern apartment buildings in Chicago. These have spacious common areas, modern LED lighting, and interior, heated parking spaces.