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Top Ten Mistakes Homebuyers Make, Mistake #3: Not reading the fine print

By
Real Estate Agent with Ryan Vaught Real Estate

 October 6, 2009

If you did your homework, you had your trustworthy real estate attorney review all your paperwork and discuss it with you so you don't get a nasty surprise at closing. Let's face it -- you won't have time to read that six-inch stack of legal documents at the closing table. Fortunately, there are a select few documents and items that are truly critical, and you can request a copy of these in advance. This gives you time to review them and ask questions before closing.

Buying a home is a life-changing event that involves 3 M's: mortgage, money and moving, so it's natural to experience some stress. Factor in today's market -- with tighter credit restrictions and a tougher buying process -- and you've got more drama than you need.

Perhaps you don't get approved for a mortgage or find a home you like. Or if you do, you don't know how much to offer or get outbid by another buyer. What if your closing costs end up being more than you expected?

Check back later this week to find out the 10 surefire ways to take the drama out of buying a home.

Article Obtained from:

http://www.frontdoor.com/Buy/Top-10-Home-Buying-Mistakes-That-Can-Cost-You/55152/p3

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http://www.ryanvaught.com/chicomarketreport

Currently Ryan has about 30+ listings in inventory, and has sold 25 homes in 2009. Please don't hesitate to contact me with any questions about Chico area real estate.

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Comments (1)

Douglas Fischer
East Oahu Realty - Selling Honolulu, Hawaii Condos - Honolulu, HI

Not reading the fine print?  How about not reading any print at all??!!  I'm amazed at the number of clients I represent who blindly sign what I put in front of them.  I make a reasonable attempt to explain the contents of each and every document, but many times they don't even want to hear it, or I see their eyes glazing over.

Oct 08, 2009 08:51 AM