Major House Hunting Mistakes to Avoid

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Major House Hunting Mistakes to Avoid
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Mistake 1 Selecting the wrong real estate
agent In todays digital era most of the
house-hunting tools and platforms are available
to make your search easy, but there are many
buyers who take help of real estate agent to
finding their dream home. All online platforms
cant hold the local knowledge and professional
expertise as a real agent brings to the home
buying process. If youre not getting proper
advice you might be missing the chances of
finding your right home. Here select best real
estate agent who has deep local knowledge and
experience about the area. Mistake 2 You
missed to meet the lender first First, you have
to calculate how much you can afford to spend and
then made a rough monthly budget. Before you
start looking for home and real estate agent,
first meet a lender and get pre-approved for a
mortgage. It is advisable to talk to other
lenders and see who can provide a pre-approval
fast. This it the one of the major mistake that
people do so even if you are hunting or thinking
to buy home, so Avoid this mistake while buying a
home.
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Mistake 3 Get obsessed with cosmetics This is
another mistake that people usually do, House
hunting is taken as an emotional process. Do not
fall with home features like wall colour,
flooring and other hardware stuff which are
relatively cheap to replace. Dont overlook the
flows. Take a complete walkthrough and give the
importance to damage of the roof, foundation,
pipes and other major issues because these home
repairing project can be too costly for you.
Mistake 4 Not Knowing What You Can
Afford Once you fall in love with a specific
home, it's hard to come back from it. You start
imaging yourself in that home. If you will not
afford that house, you will just hurt yourself by
dreaming about that home.  Most of the people,
they dont know what they can afford and fall for
overwhelming temptation. Make your rough budget
and then start your house hunting.  
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Mistake 5 Putting Neighbourhood into the
backburner Once you bought a home, you can
renovate your home, but you cant remodel your
neighbourhood. Be cautious here. Dont put your
Neighbourhood into the backburner. Spend enough
time to know about the neighbourhood. Dig deeper
to evaluate Neighbourhood for safety, crime
rates, and facilities in the vicinity. View
upcoming local development plans to your
location. Mistake 6 Overthink every little
what if This is the another mistake need to
avoid, dont stick over a home for too long
before placing an offer otherwise you could lose
out. In this case, once you finalise a home
discuss with your real estate agent and
understand the speed of your market. If its a
hot sellers market then prepare to submit your
best offer quickly after complete home
inspection. If you have any doubt regarding home
make it clear and avoid unnecessary delays. 
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Mistake 7 ignoring the Inspect Ignoring the
home inspection is another major mistake. Once
you finalised your home and before you close on
the sale, you need to take complete walkthrough
and inspect home carefully and check any repairs
to do. Make it done this repairs before signing
contract otherwise, you will have to pay for this
work. Keep check until you are confident enough
that your home is in proper condition. Mistake
8 Rushing to Put in an Offer Yes in a hot
market, it may be necessary to make an offer
quickly if you find right home. You can make a
quick decision but you need to make sure that
home will be right for you. Do not rush to put an
offer if you find your dream home. Don't neglect
home inspection, make sure the neighbourhood
feels safe at night and during the day as well.
Take the time to compare that property is really
worth and offer an appropriate price.
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