Thursday, July 30, 2009

What Buyers Should Not Do Before Purchasing!

1) Making an offer on a home without being prequalified: Why waste your time looking at homes you cannot afford, or deciding on a home that does not fit your needs when you could qualify for a home that does.

2) Not having a home inspection: A qualified home inspector will detect issues that many buyers can overlook.

3) Limiting your search to open houses, ads, or the internet: Many internet sites are out dated and the homes have already sold. A Realtor has the most up to date information that is unavailable to the general public.

4) Choosing a Real Estate agent who is not committed to forming a strong business relationship with you: Make sure you find a Realtor that will help you before, during, and after a sale.

5) Thinking there is only one perfect house out there: Buying a home is a process of elimination, not selection.

6) Not considering long-term needs: Is the home going to fit your needs 3-5 years down the road?

7) Not examining insurance issues: Speaking with the right insurance agent can determine if you are getting adequate coverage.

8) Not buying a home protection plan: Major repairs that costs major money can be avoided with your typical 1 year home warranty plan. Ask your Realtor about what plan would be good for you.

9) Not knowing total costs involved: There could be more fees than you expect when purchasing a home, especially for the first time.

10) Not following through on due diligence: You are purchasing not only a place to live, but your future and you need to make sure you are asking enough questions before you purchase.

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