Buying - Buyer Beware

Buyer Beware!

You should always have your own agent in a real estate transaction! A new home is no exception – it costs you nothing and a good agent will be able to save you money.

Home Buying Mistakes

Location! Location! Location!

You’ve heard that over the years and it still holds true. You can always change a home’s décor and some of its structural features, but nothing can ever change its location. Buying a home in a poor location guarantees minimal (if any) appreciation and it will be harder to sell in the future.

No Home Inspection

A home inspector can literally save you thousands of dollars. They will check all structural, mechanical, electrical, plumbing, heating and air conditioning systems for defects. Inspectors can advise you of major defects before you purchase the home.

Choosing the wrong lender or loan program

The wrong lender or the wrong loan program for your particular circumstance can lead to the loss of big money. A good lender will take the time to find out what works best for you.

Buying a home you can’t afford

Always go by the lender’s guidelines when deciding how much house you can afford. If you stretch too much you may find yourself in a financial bind which forces you to sell you home. A forced sale almost always guarantees a loss.