Buying a home is a very complicated process and can be overwhelming. Today, we wanted to point out three common mistakes for home buyers to avoid.
Buying a home is a complicated process. You can easily leave yourself open to mistakes without even trying. Here are three things you should definitely avoid doing while buying:
1. Failing to confide in a trusted advisor. We see home buyers hire agents all the time who they are either not comfortable with or don’t fully trust. It’s tough for an advisor to give you the best advice if you’re not being honest and candid with them. It’s always a smart idea to have a conversation with this person before you begin the search process. They have a fiduciary duty to take care of you, so let them know exactly what you want.
2. Altering your financial picture. Going out and buying something like a new car, new furniture, or maxing out a credit card will negatively impact your purchasing power. A lot of times, purchases like this will stop you from buying altogether.
3. Buying the wrong house. When you go out looking at homes, it’s important that your agent knows exactly what you are looking for. They need to know what you want, but they also need to know what you can’t live without. We go through this list before we even start looking at homes to make sure every property we show you is something you want to see.
If you have any questions for us about the buying process or how we can help you, give us a call or send us a quick email. We look forward to hearing from you.