August 11, 2009

Top 10 Home Buying Mistakes That Can Cost You: Avoid these blunders that homebuyers commonly make

Mistake #9: Thinking short-term

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Shop for a home with your successors in mind. Look for buyer-friendly features, such as
ample storage space.

You want to think about purchasing a home that is a place that you and your family feel comfortable in, but don't forget the other side of it-home buying is probably the largest purchase you will ever make.  When shopping for a home it is a good idea to consider how long you think you will live in that home.  Then remember, too, that even if you are planning on moving up in, say, 5 years unknowns might pop up that keep you from moving up in your ideal time frame.  So try to find a home that you will be happy in for the long term, and don't just settle with something that will "work". 

Another thing to consider when buying your home is the resale value down the road if you do plan on moving again.  Consider things that will make your home more desirable to you, possibly, but also to future buyers such as: popular locations (i.e. in good school districts, quiet neighborhoods), key features many buyers look for (i.e. large kitchen, 2 car garage, central heating and air, sprinkler system, etc.).

Check back later this week for more on Ingredients of a Great Real Estate Investment.

Information obtained from:
http://www.frontdoor.com/Buy/Top-10-Home-Buying-Mistakes-That-Can-Cost-You/55152/p9

Take a look at my market report for today!
http://www.ryanvaught.com/chicomarketreport

Currently Ryan has about 30+ listings in inventory, and has sold 23 homes in 2009. Please don't hesitate to contact me with any questions about Chico area real estate.

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2640 E 20TH STREET, Chico, CA $259,900.00
  Residential 2 Bedroom 2.5 Bath Built in 2005   0.1 Acres  1280 Sq. Ft.
  MOVE IN READY!!! Home offers 2 bedrooms, 1 & half bath in main house w/inside laundry. The detached 2 car garage has a studio above with kitchenette, full bath & inside laundr...

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14 JOY LANE, Chico, CA $279,000.00
  Residential 3 Bedroom 2 Bath Built in 1960   0.16 Acres  1467 Sq. Ft.
  Fabulous location by Bidwell Park on quiet cul-de-sac. Well maintained 3 bedroom 2 bath with a family room besides living room with fireplace. Refinished hardwood floors, du...

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225 MISSION SERRA TERRACE, Chico, CA $289,900.00
  Residential 3 Bedroom 2 Bath Built in 1996   1317 Sq. Ft.
  Tile and Hardwood floor thru out. New dishwasher.

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1005 COLMENA DR, Chico, CA $379,000.00
  Residential 3 Bedroom 2 Bath Built in 1985   0.29 Acres  2000 Sq. Ft.
  Very nice home with large lot and swimming pool. Big backyard would be good for entertaining. Fresh paint inside and there is a bonus room. HVAC replaced within the last two y...

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353 E SACRAMENTO AVE, Chico, CA $514,000.00
  Residential 3 Bedroom 2 Bath Built in 1937   0.24 Acres  1615 Sq. Ft.
  LOCATION! Looking for something special? Immaculate storybook cottage on large corner lot in the heart of Chico. Lovingly restored and perfectly maintained on beautiful tree l...

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3295 SUMMIT RIDGE TERRACE, Chico, CA $599,000.00
  Residential 3 Bedroom 0.5 Bath Built in 2007   2620 Sq. Ft.
  Spectacular views of the valley, the Sutter Buttes, and Coast Range from this 2 year old Canyon Oaks beauty. 3 bedrooms plus spacious den/office. Extenisve tile floors, up...

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1147 EL MONTE AVE, Chico, CA $695,000.00
  Residential 3 Bedroom 3.5 Bath Built in 1983   1.9 Acres  2800 Sq. Ft.
  Property includes a 3 bedroom home, plus apartment unit and warehouse. Sq Ft includes rental unit. Shop is across the private drive, Includes large yard area.

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2 Comments on Top 10 Home Buying Mistakes That Can Cost You: Mistake #9: Thinking short-term

AUG
11
Localism Sponsor

Your listings did not print correctly the text is not wrapping.  The residences look well kept and like good sellers.

4:20pm • #1

Good advice Ryan. In an age of instant gratification, your long term thinking advice is a good start for buyers.

4:21pm • #2

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Ryan Vaught

Chico, CA

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Keller Williams Realty - Chico Homes

Address: 3209 Esplanade Suite 120, Chico, CA, 95926

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