Avoid The Most Common Buyer Errors

Buying a house is the largest investment you will make. Why not get a professional on your side and avoid some costly mistakes? Are you reading all the fine print, driving neighborhoods or calling on houses only to find out they are already sold, or not right for you? Shopping for a new home is also an emotional experience. It’s time consuming and comes with a myriad of details. Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items.

My Buyer Agent Services are FREE OF CHARGE! There is never any cost or obligation for a free consultation about my Services. If you like the way I work, I will help you further. Working with YOUR OWN agent is a lot like dating. You get more out of the relationship if you go steady instead of date around! Choose the right agent, and you can take the difference to the bank!

Take me for a test drive! If you see a house for sale, any house in any area on the market by any Realtor, you can call me instead of the agent on the sign (the one will work for the seller, not you). I can usually find out more about a house than the Sellers Agent will tell a consumer. I can show any home on the market in Ohio. Hwen I work for you, you can be sure that will only help your negotiating power.

When you have a systematic plan with a Professional on your side before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase:

Bidding without sufficient information
What price do you offer a seller? Is the seller’s asking price too high? Is it a deal? Without research on the market and comparable homes, you could lose thousands of dollars. Before you make that offer, be sure you have researched the market. A professional Realtor, can offer an unbiased opinion on the value of a home, based on market conditions, condition of the home and neighborhood. Without knowledge of the market, your offer could be too much. Or worse, you could miss out on a great buying opportunity.
Buying a mis-matched home
What do you need and want in a home? Sounds simple. Yet, clearly identifying your needs and bringing an objective view to home shopping, leaves you in a better position. Sometimes, home buyers buy a home that is too large or too small. Perhaps they didn’t consider the drive to work, the distance to school, or the many repair jobs waiting for completion. Plan ahead. Use your needs list as a guideline for every home you view.
Unclear title
Before you sign any document, be sure the property you are considering is free of all encumbrances. As part of their services, a Realtor can supply you with a copy of the title to ensure there are no liens, debts, undisclosed owners, leases or easements.
Outdated survey
Before the purchase is completed, an updated survey is essential. This report will indicate boundaries and structural changes (additions to the house, a new swimming pool, neighbor’s new fence which is extending a boundary line, etc.).
Unexpected repairs
For $200 - $300 a professional inspector will conduct a thorough inspection of the home. This way, you’ll have an idea of the cost of future repairs. We make the final contract subject to a good report.
Shopping without pre-approval
It only takes a few days to get financing pre-approval. When you are shopping for a home, this gives you more power. A seller is more likely to consider an offer from a serious buyer.
Remember additional cost
Besides the funds for the purchase of a home, you’ll need funds for items such as loan fees, insurance, legal fees, surveys, inspections, etc.
Rushing the closing
Before you sign, ensure that all documentation clearly reflects your understanding and conditions of the transaction. Has anything been forgotten? Don’t rush. You could lose money, financing or even the sale.
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