by Cecile Cinco
Unless, maybe, you are filthy rich and have no care where your money goes to, whether you made a good decision or not, you have to consider several aspects before you buy a real estate property.
Whether it is a residential property, commercial unit, farmland, rawland, golf course, vacation spot, resort, whatever–it is wise to consider answering the following questions:
1. For what purpose are you buying the property?
Whatever the purpose is, it is very important where you want to have it built.
There are general restrictions when you are going to set up certain commercial establishments that may not be viable when built within a residential community. Do you need to be near or far from water (lake, beach, river) or near the mountains or flatlands?
2. How near or far will the following be?
- hospital/medical institution
- police force
- fire station
- bank
- market/grocery
- school
- work area
- restaurants/fastfoods
- hardware
- drug store
- church
- sports amenities
3. What can you live without or cannot live without from the list in #2?
4. What is the general climate of your targeted area?
5. From whom will you be buying? Is the company duly registered? What is the credibility score of the seller?
6. What kinds of transportation are available?
7. How safe or dangerous is the place? How often did the natural calamities occured? Any fault line? Prone to flooding? Tsunami? Hurricane? Gangsters? Crime rate?
8. Can you afford it?
9. Are there terms of payment other than cash?
10. Available insurances?
Before you buy any vacation homes for sale, or any real estate property for that matter, think on these considerations. 
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