5 things to Avoid when buying a home.

Real Estate Broker/Owner with Spears & Associates Real Estate Team BK 3052925

1. Steer Clear of buying a new Car.

Happy Buyers

I am sure there are many stories that can be told on this one particular topic. I had a nice couple that I was working with looking for their next home. We had already gone through the process of having them pre-approved with the lender and  we knew what their budget would be. We found them a great house, home Inspection were done all was a go.  Then they decided it was time to buy a new car. This is the part that needs to be explained to the buyers. They should not be making any big purchases while going through the process of buying a home. Of course this effects their debt to income ratio which effects how much the lender will loan.


2. Elude making a low Offer.

I have also worked with buyers that want to get a bargain, therefore they make low offers. If a property comes on the market and is a good value, you need to anticipate that you will not be the only one putting a bid in on this property. This can be very disappointing if your buyer really loves the home and looses it based on an unrealistic offer. 

3. Looking at too many homes.

Often it can become very confusing if too many homes are looked at. This is why we provide a buyer consultation so we can narrow down what properties will be a match. We deal with many out of town buyers looking for seasonal homes once we can determine the lifestyle the buyer is looking for and the budget we can then determine which communities may work for them. 


4. Listening to friends and family.

Friends and family often think they are helping by giving advise on buying a home. They may have bought a home themselves recently or maybe 20 years ago. When you hire us you will be working with a team that has a network of service providers that will making buying a house smooth sailing! We know our market and are here to guide you, always looking out for your best interest. Check out what our clients have to say about us.


5. Skipping the Home Inspection. 

It is very important to have a home inspection done on one of the biggest investments you will probably make in your life. Even if the home is new construction we want to make sure that all is working properly. The purpose of the home inspection is to identify major or minor repairs. Also the home inspector will give you tips on maintenance.This will help you keep your new home in good shape. 


This content created by Barbara VanderMeulen Lead Buyer Specialist


We would love to hear your comments and thoughts and let us know how we can help you understand the process of buying a home.

Helping  you find your next home in Florida

Working with Happy Buyers!


Posted by

Andy Spears  
Broker Owner, CDPE, GRI, MBA
RE/MAX Ultimate Realty
Direct:  (772) 263-2515
Email:  AndySpearsFL@gmail.com




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Gloria Valvasori, Accredited Senior Agent
REAL Experience | REAL Commitment | REAL Results!

Andy, those are all excellent scenarios to avoid.  Listening to parents is so annoying, becuase of course they know more than we professionals.  Having a house inspection is crucial... if they insist on waiving it I have them acknowledge they are doing so at their own risk...and that I have advised them they should have one.  CYA 

Jan 06, 2017 03:46 PM #1
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

Looking to buy, there are to mny people loooking to low ball a home and large purchases will hurt your buying power.

Jan 06, 2017 04:02 PM #2
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Great points Andy. I had a buyer run up her credit card balance after getting loan approval even after I warned her NOT to make any large purchases. She did & lost the loan & the house. Similar to your first point.

Jan 06, 2017 04:38 PM #3
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