3 Costly Blunders to Avoid when Buying a Home
Buying a new home is a BIG deal! Any type of large investment such as this is worth doing right from beginning to end. Whether you are a first-time homebuyer or a seasoned homebuyer there are a few blunders that can cost you more than you intended.
Generally, the mistakes that are made happen in the between time of putting an offer on a home, up to the closing. It’s easy to get overexcited about closing on a house that you love, but don’t do it unless you’ve already considered these three things.
Blunder #1:
The first blunder to avoid when buying a home is declining the home inspection. Yes, it may cost more, but it is worth knowing if the home you are about to purchase is safe to live in. Remember that you will need a whole house inspection and special inspections such as, mold, radon, well-water, or termite. Do not sign any type of contingency clause without first getting an inspection.
Blunder #2
The second blunder to avoid when buying a home is not asking the seller questions. Sellers do not have to tell you any kind of negative information about their residence; however, if you ask questions, then the seller is obligated to share information with you. If you have more questions after looking over the house, ask your realtor to find the answers for you.
Knowing exactly what you are getting into is a smart step in the right direction.
Blunder #3
The third blunder to avoid when buying a home is getting too emotionally involved. When you enter the house you would like to purchase, attempt to look past all the home décor. Here is why, you are purchasing the as-is structure along with any hidden damage. This is why it is essential to avoid blunder #1 get an inspection first and ensure that the structure is in great condition.
If you have any questions regarding the different types of inspections available, contact us for a free consultation at 407-658-8267.
