Common Mistakes When Purchasing a Home

By
Real Estate Agent with JP & Associates REALTORS® 0615028

Common Mistakes When Purchasing a Home

Below are a few of the common mistakes people sometimes make when buying a home in Frisco, TX.

Not working with a licensed real estate agent:
When looking for a home it is always a good idea to work with a buyers agent. You have to remember that the agent who's face is on the sign outside a house you may be interested in works for the seller and will not have your best interests in mind. Also a buyers agent will have experience and knowledge in your local housing market.

Establish a Budget:
Remember it's not use the mortgage payment that you need to make each month. Ensure you also budget for taxes, utilities, insurance and repairs.

Skipping the home inspection:
Aways go into a real estate transaction with your eyes open. It is very important that you get a home inspection performed even if you are purchasing a new construction. Hire your own inspector ( you realtor can give you recommendations) to be sure that you are not surprised by any costly repairs that will break the bank.

Rushing the home-buying process:
The home buying process requires patience and time. Your agent will be able to advise you if it's prudent to put in a back-up offer on a property that you really like but has received other offers. Also remember there are closing costs associated with the purchase of a house so make sure you get an estimate from your realtor or title company.

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Topic:
Home Buying
Location:
Texas Collin County Frisco
Groups:
Texas Real Estate
Collin County, TX Real Estate Professionals
All Thing's Texas
FRISCO REALTORS UNITE!
Tags:
home buying mistakes
purchasing mistakes

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Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

These are all true...I am sure many anxious buyers will appreciate your info

Aug 08, 2014 12:17 AM #1
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Rainer
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Nick Walton

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