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Home Home-Buying Mistakes

Home-Buying Mistakes

There are 8 mistakes some home-buyers make, and some of them are huge! Do your best to avoid:

MISTAKE #1: Failing To Have A Plan

MISTAKE #2: Thinking, "I Can't Afford A Home"

MISTAKE #3: Failing To Properly "Screen" Your Realtor

MISTAKE #4: Failing To Get Pre-Qualified For A Mortgage Loan

MISTAKE #5: Choosing A Loan Based Only On The Interest Rate Myth

MISTAKE #6: Failing To Obtain A Home Inspection From A Qualified Inspector

MISTAKE #7: Not Knowing Your Rights And Obligations

MISTAKE #8: Failing To Make Your Own Inspection

Let me explain a bit about each of the classic buyer mistakes.

MISTAKE #1: FAILING TO HAVE A PLAN

Deciding to buy a home is probably the biggest financial decision you will ever make. It is an exciting decision, but it is serious business, too, and you deserve serious advice.

Zig Zigler, a famous motivational speaker, once said that people don't plan to fail, they fail to plan. With a game plan, you will eliminate many of the headaches involved in this complicated transaction.

You need a clear plan when deciding to buy a house. Evaluate your current situation. Do you currently own a home? If so, will it be necessary to sell before making another purchase? Are you renting? How much time is left on your lease? Do you and your family plan to use the back yard? What is important about the location of your house? Do you want to live within 10 minutes or one hour from the office?

Make a list of features which are important in your home. Write down desirable locations you would consider, an acceptable price range, number of bedrooms and bathrooms, and any other amenities. Be specific. It is unlikely that you will find a home that offers every feature you desire. However, without a wish list, it will be more difficult to recognize a home which meets your expectations.

Provide your list to your Realtor. Your Realtor will look for homes that match your criteria. This will save you time - you won't need to look at homes that do not fit your needs and desires.

A proper game plan will save you time and reduce the hassle of shopping for a home. Spend a little time in advance and save a lot of time and money in the future!

Please see my website for additional tips:

http://jeanvilla.weichertagentpages.com/Content/Content.aspx?CategoryID=452818

Want to buy a house in Stewartsville, Greenwich Twp, Bloomsbury, Lopatcong, Asbury, Bethlehem Twp, Milford, Holland Twp, Clinton NJ. Find homes for sale at my website http://www.RealEstateRoute78.com

Posted Friday Jan 30