How to Buy Your First Home the
Easy Way!
Avoid 10 Common Potentially Devastating Mistakes First Time
Home Buyers Make.
Buying a home can be a hair-raising experience. It can be
a roller coaster of emotions... finding the right place..
securing the loan.. moving in. And if you're like most of
us, your home will be your largest investment. The emotions
over such a large and personal purchase can often cloud good
business judgment.
Many home buyers do very little research before driving in
and investing their hard-earned money. Before doing that,
doesn't it make sense to be as informed as possible? That's
what this report is all about. It's designed to help you avoid
10 common, critical mistakes many home buyers make. If you
follow these 10 suggestions, with the help of the right real
estate professional, you'll make a good sound business decision
that you'll be happy and proud of for years to > come.
1. Inspect, Inspect and Inspect-Go over
the inspection report with a fine tooth comb. Make sure the
report was done by a professional organization. For condo
purchases, go over the by-laws, and association fees. Don't
take anything for granted.. inspect everything!
*Be Columbo check out all expenses. Taxes, utilities,
owner dues ...everything!
2. Imagine the Property Vacant-Your furnishings
and decorations will be the ones filling this new residence.
Don't be swayed by beautiful furniture ... it leaves with
the owner.
3. Income Plus Lifestyle Equals Mortgage
Payment-Sit down with a competent real estate professional
and honestly discuss your income level and living expenses.
Take into account future considerations like: children, add-ons,
amenities or fix-ups. Your dream home is certainly worth a
sacrifice but don't mortgage your entire future.
4. View Several Homes-See at least 3-5
properties. Don't move on the first property you see but..
don't move too slowly either. With your agents help, you'll
be able to view enough properties to get a good overall perspective
of your market. And when you find the right property, all
the leg work will be worth it.
5. Utilize Your Team- By aligning yourself
with the right real estate professional, you'll have an entire
team working for you. Top real estate professionals have lenders,
title reps, inspection teams - an entire group of trained
professionals to make the whole buying experience simple and
easy for you. |