 |
Greater Phoenix Area Real Estate Podcast with Rafael AlmazanLearn all the tips tricks about the Greater Phoenix Area Real Estate Market from The Almazan Team Author: Rafael Almazan
If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from The Almazan - your professional Phoenix Real Estate Agents. Language: en-us Genres: Education Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
What Are the Most Common Buyer Mistakes?
Friday, 25 September, 2015
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full Home Search Selling a home? Click here for a FREE Home Price Evaluation Call us at (808) 426-7211 for a FREE home buying or selling consultation Today we will be talking about some common mistakes that we often see buyers making. Hopefully, by alerting you to these potential downfalls, you can avoid them yourself when it comes time to buy. Here are the 5 most common mistakes we’ve been seeing: 1. Not getting pre-approved Getting pre-approved by turning in all of your financial documents to a lender is essential. Without one, your offer won’t be as good in the seller’s eyes, and you really have no idea what kind of home you can actually afford. A pre-approval gives you a great view of your financial picture. 2. Bidding aggressively on the perfect home If you find the perfect home, that is not the time to bid aggressively. If the home is in good condition and appears to be priced correctly, bid closer to that price. Look to your Realtor for pricing guidelines. 3. Not bidding on the perfect home when they have the chance If you have the chance to make an offer on your dream home, do it. You’ve got 10 days to do your due diligence on the home to make sure it actually is the perfect one for you. If it’s not, oh well. At least by making an offer, you have a chance to get the home. If you don’t make the offer, you may miss out on it, which has happened to a lot of our clients. 4. Expecting the home to be perfect Understand that the home is complex. People have lived in it and there is always going to be a little wear and tear on any home. Usually it’s nothing major, just little cosmetic things. If you’ve ever watched HGTV before, you know that cosmetic issues are easily fixed. The important thing is making sure the home is structurally sound. 5. Not understanding their mortgage Sometimes buyers don’t realize how much money they actually need until the last minute. Unfortunately, most loan officers are in a hurry to take loan applications and don’t always make sure their customers understand everything about the transaction. A loan officer should go over the actual costs with you so you know exactly what you are going to have to have on hand as far as cash goes. If you have any questions for us about this topic, or if you are thinking of buying a home yourself, give us a call or send us an email. We look forward to speaking with you!
