TOP BLUNDERS BUYERS MAKE.

TOP BLUNDERS BUYERS MAKE.

A CAPABLE REALTOR WILL SAVE YOU VALUABLE TIME, MONEY, AND MISTAKES!

Many buyers end up with a home of their dreams,
only to find numerous problems and needed repairs
later. Moving too fast can sometimes complicate a real
estate transaction. Listed below are some common
mistakes and how to avoid them.

PROBLEM 1
Divulging too much information to anyone. Never
admit your love for a particular house, or how much
you are willing to pay for it.

PROBLEM 2
Overpaying. To determine what a house is worth, ask
for a list of comparable homes sold. This will contain
information on similar homes in your area and what
they sold for. Make sure they are recent.

PROBLEM 3
Working directly with a seller, or a seller's agent.
This will assure you of having nobody on your side
looking out for your interests.

PROBLEM 4
Not hiring an inspector. You have the option of making
any offer contingent on a home inspection. Make
sure you accompany the inspector on his tour.

PROBLEM 5
Omitting a contingency for mortgage approval. This
allows you to void the contract if you cannot find
acceptable financing. The terms you desire should be
expressly spelled out.

PROBLEM 6
Not buying owners title insurance. The insurance
lenders require you to purchase, only covers their
interests. A separate policy that protects you may be
purchased, at a reduced rate, at closing.

PROBLEM 7
Letting a seller stay in the house after closing, or a
moving into the house before closing. If you do, one
one of a host of problems can develop such as, the
fact that the sellers then become tenants with all
of a tenant's legal rights.

PROBLEM 8
Not itemizing what conveys. Completing a list of all
items, including personal, which will be included in
the transaction, is simply prudent.

PROBLEM 9
Not selecting a timed deadline on your offer. Without
this, the opposing party can shop for a better
deal, without worrying about loosing your offer.

EXCEPTIONAL REAL ESTATE

Call Scott Miller, Broker Associate

EXIT Realty Achieve

1-888-600-7585
for additional information or newsletters.