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Top 5 Mistakes Buyers Make When Purchasing a Home. By: Maria Sapio, REALTOR® Carlisle, PA

Real Estate Agent with Keller Williams of Central PA RS334568


Not Finding the Right REALTOR® for You:

Whether you're a seasoned buyer that has bought several homes or you're a first time home-buyer, purchasing a home is usually a time filled with a mixture of emotions. 

During this particular season, I highly recommend that you align yourself with a REALTOR® that can oversee the process and guide you to avoid these (and many other) common buyer mistakes.

You'll want to work with someone that you connect with.  Read their reviews to see what other clients have said about their experience. Contact the REALTOR® and if possible, ask to meet face-to-face.  Discuss your moving plans and ask the agent to review the next steps in the buying process.  The right agent for you will help you navigate the home buying process with ease and you'll likely avoid these common mistakes.

Not Having a Pre-Approval:
Many potential buyers start the home search process by viewing homes online and visiting open houses. The question arises though of what to do next if you find the home you love?  Your agent should be able to recommend some trusted loan officers or you can simply go to your local bank to discuss the next steps in the pre-approval process. Having a pre-approval is a necessity for your agent to schedule showing appointments for homes and also is required if you decide to write an offer on a particular property.


Not Knowing the Costs:   

- Closing costs are the costs incurred throughout the transaction process (such as inspections) as well as the costs for your loan and additional closing fees usually paid at settlement.  Your loan officer should be working closely with your REALTOR® to assure that your estimated closing cost sheet is updated accordingly to accurately reflect the specific home of interest.  The taxes, home-owner association fees and price of the home are all important factors in the estimated closing costs.  
Estimated monthly expenses to live in the home (this should factor in the estimated utility expenses, homeowners assocation fees, etc...)

Not Understanding the Importance of Inspections:
An agent that has your best interest at heart will likely discuss with you the contingency options that can be built into your sales agreement.  These include inspections such as:
home inspection, wood infestation inspection, water inspection, septic inspection, radon inspection, etc.  This is the time to do your due diligence and uncover unknown issues with the home so you can make an informed decision.  Your agent will be there to help you better understand the inspection reports and can guide you during this season, specifically if repairs are required.

Not looking into Homeowners Insurance Costs:
Once you've found a home and opted to write an offer, your agent will likely elect a contingency that provides you the opportunity to contact your homeowners insurance agent to determine if the home is in a high risk flood zone and to get a homeowners insurance quote.  


The home buying process includes many aspects and having a REALTOR® by your side to walk you through each important step in the process is always in your best interest!

Are you 'thinking about buying a home?'

Contact me today to discuss your moving plans.  Whether you're moving across the street or across the country,  I can help!  www.mariasapio.com


Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Number one is the most important because a good Realtor will make #2-5 so easy :)

Apr 09, 2019 06:58 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I feel bad for the buyers that make these mistakes and I have often come across a buyer in a cross sale that isn't being represented very well.

Apr 09, 2019 07:33 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Maria Sapio, I agree with Jeffrey DiMuria 321.223.6253 Waves Realty,  the most important one is to select a good REALTOR®, the rest will come. I'm working with a buyer right now, we have the home inspection today and he didn't want to spend the money on a home inspection or add a termite inspection but after I explained why these are so important, he elected to get them done. 

Apr 09, 2019 07:46 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Great post, Maria... I'd add one more item... not knowing the carrying costs of the home once you own it.

Apr 09, 2019 07:52 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Maria Sapio - That sums it up in a nutshell! The most important is on top because the right agent can help fix the rest. 

Apr 09, 2019 08:34 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Maria - you are spot on will all of this information.  Any one, particularly mortgage advice, can torpedo the sale.

Apr 09, 2019 09:20 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Maria - Mixed Emotions indeed!  Logic and emotion are definitely a part of the process.  Understanding what's important is key and your top five list is a good start regardless if this is an umpteenth or first home purchase.  

Apr 09, 2019 10:32 AM
Krista Jenkins, REALTOR®
klm Real Estate - Lubbock, TX
Residential sales and retail & office leasing

We are really counselors at heart. It is so much more than providing a list of houses. I was that pain-in-the-arse home buyer before I was a REALTOR®, so I feel like I know where that type of client is coming from. I do my level best to educate the anxious buyer. I think "difficult" is my demographic. 

Apr 10, 2019 06:24 AM
Roy Kelley
Retired - Gaithersburg, MD

This is excellent advice to share with prospective home buyers.

Apr 10, 2019 07:06 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

 This is an excellent reminder of a checklist we should all use when representing buyers 🤓 Maria Sapio 

Apr 10, 2019 08:43 AM
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Very important and helpful post that Buyers should take to heart.

I am glad you placed selecting the Right Agent in first place. So many choose an agent based on the wrong criteria. When a buyer selects the right agent, that agent should be able to guide the buyer away from making the rest of the mistakes often made.

Thanks for sharing.

Apr 10, 2019 09:07 AM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

We can't stress your 5 basic steps enough. It might seem simple to us since we're in the trenches day in and day out, but to people who buy 1, 2, or 3 homes in a lifetime, it needs to be stated. Thanks for doing a great job, Maria.

Apr 10, 2019 08:06 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Professional assistance instead of wandering around the internet is soooo important...there is some information on this subject as there is on every subject...that is not correct...seek out the highest and best source !

Apr 12, 2019 03:52 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Friday morning, Maria.

Have a great day and a very special weekend.

Apr 12, 2019 05:51 AM
Roy Kelley
Retired - Gaithersburg, MD

You have some editing to do as you remove your old company information from your blogs.

May 11, 2019 07:31 AM