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Looking for the Right Home | Mistakes You Shouldn't Make

By
Mortgage and Lending with Success Mortgage Partners, Inc. NMLS #130562 229758

Finding the right home

 

          The last few years has had a steady growth in the demand for houses because a lot of people are moving from rural to the urban areas. Demand for pre-owned houses has increased to a maximum over the last few decades as these houses are generally available at a relatively lower cost. However, there are certain mistakes that buyers must avoid while looking for a house. These mistakes may not seem to be that big but these can spoil the entire charm in the long run.

 

Finalizing the deal on the first go

          Finalizing the deal on the first go is the worst mistake that the buyers can make while finding a house. There are many people who act as if the house they are checking is the last house on Earth. Clients should consciously avoid making a final deal after checking a single house. The best thing to do is to check and compare various housed and then make a deal for the best possible choice available. This would help clients get the best value for their money. It is needless to mention that over the last few years a large number of real estate companies have entered the market and so it has become very easy for the clients to find the best home that would cater to their requirement in the best possible manner.

 

Overlooking the damages

          Overlooking the damages in the house is another common mistake that home buyers tend to make while buying a house. It has been seen that a substantial portion of the buyers tend to underestimate or overlook the visible damages in the house. The main reason behind this is haste and lack of awareness. A damaged house may be available at a low price but a lot of repairing charges might be incurred in the long run, thus taking the net expenditure to a much higher level.

 

Underestimating the commute

          The buyer may have a personal transport but underestimating the public commute is not a good idea while judging a house. Buyers must take into account the facility of public transportation catering to the house. This will give them the best idea about the connectivity to their location. This is important mainly because personal transport is not always available.

 

Putting emotion before judgment

          Putting emotions before judgment can prove to be disastrous when it comes to choosing a house. A house may look good and the buyer may just love it at the very first sight. But at the same time checking the value for money and other important aspects of the house are also important. Buyers must have a good judgmental power in order to determine why and how the house will cater to his requirement. Those who are in search of a house should always put judgment before emotion.

 

Buying a house can be a lot easier if the buyers are able to avoid these simple mistakes. They can also get just what they want if they are careful in their approach.

via Daniel White/RealtyTimes.com

Mike Warren
Real Estate - Colorado Springs, CO

Love your post Brian. Hope everyone read this.

Sep 08, 2014 02:27 AM