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

Reblogger Sally K. & David L. Hanson
Real Estate Agent with EXP Realty 414-525-0563 57026-90 Broker

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 !

Original content by Maria Sapio 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





 




Maria Sapio

Berkshire Hathaway/Homesale Realty

801 Belvedere Street, Suite 100

Carlisle, PA 17013

License #RS334568

Cell: (717) 226-6857

Office: (717) 245-2100
www.mariasapio.com
https://www.facebook.com/Mariasapiorealtor
Referrals Are Always Greatly Appreciated

 

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Rainer
502,413
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

I can't stress enough about the importance of home inspections during home buying process.

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.

  

Apr 12, 2019 04:07 AM #1
Rainmaker
1,782,848
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Good share Sally K. & David L. Hanson ...not understanding costs of flood insurance in RI among agents is showing lack of training...buyers need great guidance by knowledgeable Realtors like you two.

Apr 12, 2019 04:12 AM #2
Rainmaker
3,173,491
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Sally and David. Yep, buying a home is not like buying a can of soda at the market. There are many details involved. Enjoy your day! 

Apr 12, 2019 04:36 AM #3
Ambassador
3,046,008
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Maria Sapio really  out did herself with this post. Thank you for this re-blog Sally K. & David L. Hanson .

Apr 12, 2019 08:31 AM #4
Rainmaker
3,073,334
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sally and David,  You two pick a winner to reblog from Maria Sapio.  I keep telling her she could be a writer.

 

Apr 12, 2019 09:16 AM #5
Rainmaker
5,269,893
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much for sharing this excellent reblog selection.

Apr 14, 2019 07:30 AM #6
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Rainmaker
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Sally K. & David L. Hanson

WI Realtors - Luxury - Divorce
For All Things Wisconsin Real Estate...Call the Hansons
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