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It can be a little overwhelming when you first start shopping for a home in Bothell. While you may have been given advice on how to look for a home you may have never heard of the specific pitfalls you should be avoiding. Here are some of the most common mistakes people make when shopping for a new Bothell house and how to best avoid them.
1. Only look at the homes that you can afford
There is a lot of temptation to look at homes that are slightly outside of your price range. Don't even take a peek at these Bothell homes. If you fall in love with one you may consider taking it and sacrificing other things knowing that you simply cannot afford it. This can lead to regret later down the road, and in the worse case you may end up losing your house because you simply cannot meet the monthly payments.
2. Shop around
When you first start looking for a home in Bothell you may find one right away and decide that it is the one you want. If this should happen, shop around a little bit more, just to make sure. You may find out that it is not in the right kind of neighborhood or that there are other homes at a better price that you like just as much.
3. Understand your mortgage
A lot of new Bothell home buyers simply sign on the dotted line when they take out a mortgage because everything is too confusing to understand. This can end up being a huge problem later. If there are any clauses or hidden costs inside the mortgage contract you will not be able to get out of them once it has been signed. You need to take the time toread through the mortgage completely and understand it thoroughly before signing your name to it. Even if you need to take some time to go over it and get some of the terms cleared up, it is vital to do so. This is a long-term contract that you are signing and will affect your finances for many years to come.
4. Staying in touch with your agent
The most important thing you can do when you're looking for a home in Bothell is to stay in close contact with your real estate agent. Every day a new home can open on the market and you may miss a chance to view some of these homes that meet your criteria if you are unreachable. Give your agent your home, business and cell phone number so that he can reach you if a new home is added to the listings that he thinks may be of interest to you.
These are the most common pitfalls that people fall into when they are shopping for a home in Bothell. For more information about Bothell real estate contact Adrian Willanger206 909-7536.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.