10 Homebuyer Do's and Don'ts

Real Estate Agent with Patterson-Schwartz Real Estate

Realtors are engaged in a "helping" profession, and as such, are eager and ready to rabbit holeserve potential clients wishing to purchase a home. But there are some guidelines which should help these potential clients through the process (and there is a process) without going into time wasting "rabbit holes."


1. If you are intending to get a mortgage to purchase a property, Houseask your Realtor® to recommend a lender.

2. Use a recommended lender who is local and understands your local and state real estate taxes, withholding and escrows.

3. Ask a Realtor® who is familiar with the geographical area (community, county) for advice on community amenities that may not be evident online.

4. Check to see if your Realtor ® regularly blogs about the area or type of home in which you are interested i.e. condo, farmland, suburban houses, estate houses, foreclosures, short sales, Historic Homes!

5. Be completely honest with your Realtor®. The truth will come out in the end anyway, so might as well not waste anyone's time.


money lady1. Decide to hunt online for a lender. Why? I had an out of state buyer contact an out of state lender who used their local tax structure to estimate money needed for closing and got it totally wrong because they did not understand Delaware collects property taxes yearly, not semi-annually, coming up with only half the amount of money needed to pay escrows at closing. Result:train wreck!

2. Ask your local Realtor® friend to show you houses in another part of the state 2 hours away unless they regularly service that area.

3. Decide your Realtor® does not need to know your financialspy situation, whether or not you first need to sell another property in order to buy, your employment situation, whether you are relying on  a friend or relative's money for part or all the purchase price, or if there will be a "silent" co-owner of the property.  All of these situations may disqualify you for certain types of mortgages.

4. Tell your Realtor® the house is "for a friend." If it is, that person needs to be the one who is pre-qualified for a mortgage and comes to all appointments.

5. Neglect to tell your Realtor® you have had a foreclosure in the last few years or have a warrant out for a PFA or they are looking for YOU! We do not want to be in the middle of a criminal situation!


Staying safe and listing and selling Older and Historic Homes in Delaware and Southern Chester County, Pennsylvania for over 30 years--Carolyn Roland.


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Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Great list of do's and don'ts, Carolyn. I have something similar for my clients, but I call them my 10 Commandments of buying a home.

Oct 09, 2018 01:10 AM #1
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's a great list of do and don't suggestions, Carolyn.  It is sure to aid many homebuyers.

Oct 11, 2018 05:22 PM #2
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Carolyn, great list for your buyer to follow, and definitely a local lender is a must.

Oct 16, 2018 07:14 AM #3
John Henry
John Henry Masterworks Design International, Inc. - Orlando, FL
Residential Architect, Luxury Custom Home Design

Carolyn, this post needs more attention.  You have made the case on how to do things right in this business.  Congratulations.

Oct 25, 2018 07:18 PM #4
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Carolyn such wisdom in this post, too bad I do not see a Gold Star with it, loved the Do's & Don'ts Endre

Oct 25, 2018 10:06 PM #5
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Carolyn Roland-Historic Homes For Sale In Delaware and S. Chester County PA

Carolyn Roland, GRI, CRS
Carolyn: Tell me more about buying or selling older homes.
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