Typically, buying a home is the biggest and most important things a person will ever do in their lifetime. Plus the home buying experience can be one of the most stressful and difficult things you will ever go through. So it is important not to make any mistakes that can make the home buying process any more challenging than it has to be. That is why we have developed a list of the top five biggest mistakes a potential home buying could make.
1.) Hiring The Wrong Real Estate Agent: Using the wrong real estate agent is by far one of the worst mistakes you can make when home buying. You will need to rely on the expertise and experience of your real estate agent throughout the home buying process. So it is vital that you take the time and do your homework when it comes to hiring the right real estate agent for you and your situation.
2.) Getting Too Attached To A Home: I know you are looking for your dream home but in a competitive market you may need to look at several potential options. You might even be forced to put offers in on multiple potential properties before one gets accepted so it is extremely important that you keep an open mind and not get too attached to just one home.
3.) Choosing To Skip The Inspection: Even when a home looks like it is in pristine like new condition it is a very risky mistake to skip the inspection. It is imperative that you hire an experienced and knowledgeable home inspector to go through your potential home with a fine-toothed comb. They are trained to find things you would never be able to or even know to look for.
4.) Putting In Too Many Contingencies: A big mistake that you should avoid making at all costs is overdoing the contingencies in your offer. While there are some acceptable and even recommended contingencies that you should make you need to try and keep them down as much as possible. So be sure and listen to your agent’s advice when it comes to the contingencies you put in your offer.
5.) Not Getting Everything In Writing: Neglecting to get anything and everything in writing is a huge mistake that you should avoid making. You wouldn’t be the first buyer to think the appliances come with the home and then discover they are all gone when you go to move in. Be sure to get anything and everything you can in writing to ensure things end up the way you thought they would.
These are important home buying mistakes to avoid when buying any home not just the luxury real estate in Admirals Cove. So please consider sharing this article socially!