Most REALTORS® agree that a common mistake many first-time home buyers make is not having all the facts about a home they are considering.
Realtor Colleen Anderson blogs about the top things you should know before starting your home search.
“When it comes to real estate, there are a handful of mistakes that buyers make over and over again. If you can avoid them, you will be ahead of the game when you purchase a home.
Mistake #1: Looking on your own before finding a real estate agent.
Too often, buyers spend time and energy to find what they believe is their “perfect home”, then begin searching for an agent to help them write an offer. It’s then that they find out that the home is not all they hoped for. Maybe it’s overpriced or located in an undesirable area.
By working with an agent from the get-go, you will only see properties that are within your budget and located in the neighborhoods that best match your criteria. Express your “shopping list” to your agent – who will then pick and choose homes based on that list. Doing it on your own is hit and miss – and can be terribly disappointing.
Mistake #2: Not enough research ‘in-hand’ at buying time.
When it’s time to make that crucial offer, be sure you have all the information you need. You want facts, figures, and numbers at your fingertips. Everything valuable to know about the property in question needs to already have been discovered.
It is very important for you to ask your agent to run an appreciation analysis on the home. This will prove to be your best guide as to whether or not this purchase will be a good investment…”
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Thanks for the good information you've shared here. This will take as a good reminder for home buyers to avoid such mistakes.
ReplyDelete-Pia
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