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Karina Morgan

Mistakes to Avoid When Buying a Home

Mistakes to Avoid When Buying a Home

A great way to make the home-buying process flow smoothly is to educate yourself and learn from mistakes others have made - this can make the difference between buying the home of your dreams and buying a "lemon."

Not getting pre-qualified or pre-approved

Not seeking guidance from real estate professionals and inspectors

Choosing an agent haphazardly

Not getting enough information about the properties

Not looking at enough houses for sale

Not making the correct price comparison

Forgetting to calculate all the costs

Not asking enough questions

Fear of losing a specific house

Not looking past the interior decorating or cosmetic improvements

Not checking out every nook and cranny before purchasing

Not making a low offer

Being pushed into buying a certain home

If you receive pre-qualification or pre-approval from a reputable lender, your negotiating position is strengthened. It shows agents and sellers you are serious about buying a home. These people are trained in buying, selling and inspecting. Find someone you respect and trust and allow them to help - it will benefit you in the end. Don't jump from agent to agent just because you saw their name on a sign outside of a house you like. Interview at least three agents and choose the one you feel most comfortable with and who will focus on your needs.Obtain market statistics and sales records for the area you are considering buying a home in so you know how things (prices, conditions, list-to-selling price ratios) stack up in your neighborhood. The more you see, the more you'll learn about what you want and what each house is worth.Don't assess the value of a house only on the asking price. Your real estate agent should compile reports that reflect and compare the selling price of similar houses recently sold. When calculating the maximum price you can afford, don't forget to include hidden costs, i.e. courier costs. Calculate a reasonable price range and look for a house that is priced closer to the lower end of your range.Don't be afraid to ask questions! You're not supposed to know everything about buying a home. Remember, this is potentially the biggest purchase you will make in your life - don't get caught in a "lemon" because you didn't ask enough questions!Don't fall in love with the first home you see. New listings come onto the market all the time. The best deal may still be around the corner.Don't choose a house because you like the interior decorating - that is not what you are buying and it will probably go with the seller when he moves. Check out the actual structure of the house!Go through the house with a fine-tooth comb. You don't want to find out after you've bought the house that the roof is leaking. Open cabinets, turn on every switch, notice details, move stuff away from the walls, look in the attic, turn on faucets.Pay only what you can afford. The seller can always make a counter-offer, and you can counter-offer again until you settle on a suitable price, or you can simply walk away.Don't make a decision until you feel you've seen enough to pick the best one.


Karina Morgan, Realtor® Century 21 Regency Realty, Inc
(334) 477-2694 - karina_morgan@msn.com - www.ruckerpcs.com

www.ruckerpcs.com
www.c21Rucker.com
www.RUCKERHOMESALES.COM

www.DALEVILLEHOMES.COM

www.SELLINGENTERPRISE.COM

www.RUCKERMOVE.COM

www.C21ENTERPRISE.COM
 Stay in touch, feel free to call with any questions, anytime 24/7. 
Sincerely,

Karina MorganREALTOR, ABR, GRI
CENTURY 21 Regency Realty, Inc.
(334) 477-2694
www.RuckerPCS.com

We Support Our Troops



 

How To Avoid Home Buying Mistakes

How To Avoid Home Buying Mistakes (edit/delete)

1. Not doing yourhomework. Enter the market well-prepared by researching location, school district, deed restrictions and taxes.

2. Trying to make a shrewd investment. Focus on finding the best place for you and your family to live rather than trying to predict the real estate market.

3. Choosing a poor location. Consider what part of town you would like to live in and avoid homes located on busy streets.

4. Overlooking an inferior floor plan for an attractive exterior. Choose a great floor plan over a great exterior because you'll spend far more time inside the house than outside.

5. Overlooking how the home will function for your family. Consider features that are most important to your family and choose a home that will meet those needs.

6. Not having the home properly inspected when buying a resale. Hire a state-licensed, professional inspector to evaluate the home's true condition, which could save you thousands of dollars in repairs and maintenance.

7. Not having the home properly inspected when buying a new home. Research the number of homes sold, homeowner satisfaction, years in business, industry recognition and warranties offered.

8. Not getting what you want because you're impatient. If it's a used home, allow time to negotiate and get the best deal possible. Refusing to rush the process could save you $5,000 on the purchase price.

9. Waiting for a better time to buy based on the market and interest rates. History shows that those who purchased homes and kept them for three to five years or more did better than those who didn't. Waiting is one of the biggest mistakes a home buyer can make.

10. The biggest home buying mistake is not buying at all. Buying a home will give you a place to call your own and allow you to take advantage of tax breaks and build equity.

Avoiding common mistakes can make the home buying process simpler and less stressful.


Karina Morgan, Realtor® Century 21 Regency Realty, Inc
(334) 477-2694 - karina_morgan@msn.com - www.ruckerpcs.com

www.ruckerpcs.com
www.c21Rucker.com
www.RUCKERHOMESALES.COM

www.DALEVILLEHOMES.COM

www.SELLINGENTERPRISE.COM

www.RUCKERMOVE.COM

www.C21ENTERPRISE.COM
 Stay in touch, feel free to call with any questions, anytime 24/7. 
Sincerely,

Karina MorganREALTOR, ABR, GRI
CENTURY 21 Regency Realty, Inc.
(334) 477-2694
www.RuckerPCS.com

We Support Our Troops



 

How To Avoid Home Buying Mistakes

How To Avoid Home Buying Mistakes

1. Not doing your homework. Enter the market well-prepared by researching location, school district, deed restrictions and taxes.

2. Trying to make a shrewd investment. Focus on finding the best place for you and your family to live rather than trying to predict the real estate market.

3. Choosing a poor location. Consider what part of town you would like to live in and avoid homes located on busy streets.

4. Overlooking an inferior floor plan for an attractive exterior. Choose a great floor plan over a great exterior because you'll spend far more time inside the house than outside.

5. Overlooking how the home will function for your family. Consider features that are most important to your family and choose a home that will meet those needs.

6. Not having the home properly inspected when buying a resale. Hire a state-licensed, professional inspector to evaluate the home's true condition, which could save you thousands of dollars in repairs and maintenance.

7. Not having the home properly inspected when buying a new home. Research the number of homes sold, homeowner satisfaction, years in business, industry recognition and warranties offered.

8. Not getting what you want because you're impatient. If it's a used home, allow time to negotiate and get the best deal possible. Refusing to rush the process could save you $5,000 on the purchase price.

9. Waiting for a better time to buy based on the market and interest rates. History shows that those who purchased homes and kept them for three to five years or more did better than those who didn't. Waiting is one of the biggest mistakes a home buyer can make.

10. The biggest home buying mistake is not buying at all. Buying a home will give you a place to call your own and allow you to take advantage of tax breaks and build equity.

Avoiding common mistakes can make the home buying process simpler and less stressful.


Karina Morgan, Realtor® Century 21 Regency Realty, Inc
(334) 477-2694 - karina_morgan@msn.com - www.ruckerpcs.com

www.ruckerpcs.com
www.c21Rucker.com
www.RUCKERHOMESALES.COM

www.DALEVILLEHOMES.COM

www.SELLINGENTERPRISE.COM

www.RUCKERMOVE.COM

www.C21ENTERPRISE.COM
 Stay in touch, feel free to call with any questions, anytime 24/7. 
Sincerely,

Karina MorganREALTOR, ABR, GRI
CENTURY 21 Regency Realty, Inc.
(334) 477-2694
www.RuckerPCS.com

We Support Our Troops



 

Serving the Fort Rucker and Enterprise Alabama Real Estate Market

Serving the Enterprise Alabama Real Estate Market


Hello! Thanks for visiting. This web site is designed to be your complete Enterprise Alabama Real Estate resource. The links will guide you to information that will help answer your questions concerning available Enterprise Alabama Real Estate and Fort Rucker Real Estate. This website is a useful tool but I invite you to call me for personal, one-on-one help with what some say is the biggest decision you will make in your life. If you have any questions, please don't hesitate to call or email me.

  • Buying a Home? I'll take the time to listen to your needs and desires, and find your dream home. Your total satisfaction is my number one priority.
  • Selling a Home? I will get your home sold for top dollar and in a timely manner. My online and offline marketing programs will give you the edge you need to sell your home. I don't want to just list your home, I want to sell it! Fast!

  • Relocating to the Enterprise Alabama, Fort Rucker Area? If you are moving to my area, I can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact me for home finding assistance and area information.I have built a reputation for client satisfaction, and I am devoted to making your move as easy as possible. You will have the added benefit of working with an agent who understands your needs when buying, selling, or relocating to Enterprise Alabama or any where in the Fort Rucker or Wiregrass area. Finding the right home is only the beginning. I will assist you every step of the way to ensure smooth sailing. Thank you for visiting my site. Please bookmark it, and visit it often. I look forward to hearing from you.

www.RuckerPCS.com

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www.DALEVILLEHOMES.COM


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www.C21ENTERPRISE.COM Stay in touch, feel free to call with any questions, anytime 24/7.
Sincerely,

Karina MorganREALTOR, ABR, GRI
CENTURY 21 Regency Realty, Inc.
(334) 477-2694
www.RuckerPCS.com

We Support Our Troops



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Stay in touch, feel free to call with any questions, anytime 24/7.
Sincerely,

Karina Morgan REALTOR, ABR, GRI
CENTURY 21 Regency Realty, Inc.
(334) 477-2694
www.RuckerPCS.com

We Support Our Troops



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www.ruckerpcs.com
www.c21Rucker.com
www.RUCKERHOMESALES.COM

www.DALEVILLEHOMES.COM

www.SELLINGENTERPRISE.COM

www.RUCKERMOVE.COM

www.C21ENTERPRISE.COM