Mistakes First time Home Buyer Make

Real Estate Agent with Nevada Realty Connection

Purchasing your first home can be energizing and astonishing, and terrifying. Yet, knowing the normal slip-ups of first-time purchasers will guarantee you don't make the same ones, and can make the move to "New Home Owner!" that much smoother.



1. Overspending


It’s important to be realistic about what you can afford. The final sale price isn’t the only cost to take into account when owning a home. Houses come with plenty of bills like heating and property taxes, future renovations and occasional unforeseen costs like burst pipes or city trees needing to be trimmed.



2. Spending too less


Yes, this can also be a mistake! If you spend too little on a home that you’ll outgrow quickly, you’ll incur the expense of moving (which can be quite pricey) perhaps before you need to.



3. Buy from the heart 


Beyond any doubt the house is perfect, completely revamped and painted your most loved shade of cream and has an ensuite washroom for each room. Be that as it may, it's on an occupied street and you have three youthful children and two cats who like to keep running outside.



4. Watch out for Hidden Closing Cost


The final sale price of the house isn’t the only cost of buying a home. There are many "closing costs" that should be taken into account when deciding what price range you can afford. Your realtor’s commissions, lawyer fees, transfer taxes and moving costs can all add up.


5. Not doing Research


Aimlessly purchasing a home can be a major oversight. Whether you're giving careful consideration to your real estate agent and family "who simply LOVE the spot!" or are feeling the weight to make a fast purchase, moving into a house that hasn't been altogether confirmed can be a major, costly, remorseful error.



Buying a home is really exciting and daunting.  But doing your own due diligence can make the whole process easier, and get you into your dream home with less stress.


For your buying concerns getting a good realtor matter the most. With our team you can expect that we find you the right home. Please log on to our website at www.lasvegasfindahome.com. Call us at Nevada Realty Connection and we will help you 7023187228





Comments (2)

David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Bill & Fran,
Buyers tend to be enamored with the sellers décor and forget that the décor will walk out the door. Then what will you be left with?

Dec 23, 2015 08:50 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Bill & Fran Jenkins These are very good tips for first time home buyers.

Dec 23, 2015 01:02 PM