Friday, February 18, 2011

First-Timer Fridays: 13 "Don'ts" Every Homebuyer Should Know

1. Don’t wait for the perfect house...there isn’t one.  Compromising & prioritizing are necessary elements in home purchasing.

2. Don’t buy before you do some comparison shopping...especially if you’re new to the area.

3. Don’t write an unrealistic offer or you will simply be helping someone else’s offer look good (too low of a price...too many contingencies.)

4.  Don’t feel a need to negotiate if a property is fresh to the market, priced right and popular...the good ones often go quickly and at full or close to full price.

5. Don’t think all real estate agents and companies are created equal...they are NOT.  Find an agent/company with a great track record and proven home buying system.

6. Don’t be afraid to write an offer above or below the asking price...offer what it is worth to YOU.

7.  Don’t work with more than one agent.  Find one you like and stick with them.  If you make a bad choice, change but stick with the new ONE.

8. Don’t wait for a perfect conditions buy. The best time to buy is when you have found the right home.

9.  Don’t get to many friends and family involved in your buying decision you’ll go NUTS!

10. Don’t wait until you find a home to shop for the best loan.  Start up-front.

11. Don’t wait until you find a house to be qualified for a loan.  Do it up-front.

12. Don’t work with an agent who can’t show you Checklist & Systems.  Only pick a friend or relative that is licensed as an agent if they are GOOD!  Look for value-added services.

13. Don’t be surprised if you get buyer’s remorse at some time before closing...most buyers do. It is normal and it will pass.

Visit our website or stop by to obtain a full copy of our First-Time Home Buyer Packet. Ready to start the buying process or looking to sell your home? Give Holly a call at 509-882-2001