When buying a house, comfort is not the sole aspect that you should look at. If you are considering the future of your family, you should also look at the house as a form of investment. These two things should come together. However, errors can make you fail on these aspects. Here are some of the most common homebuyer mistakes and how you can avoid them.
Allowing fear to overcome your goal
During house hunting, you are to find the house that best suits your preference, lifestyle, and budget. Yet, some homebuyers are preoccupied by various fears and worries such as the probability that they will not be able to repay the mortgage. While these feelings are normal, it does not mean that they have to overcome your goal leading to not buying your dream house at all. To avoid being overshadowed by fear and worry, talking to your real estate agent and to a mortgage office can help you understand what you need to know.
Overlooking utility and other extra costs
Assuming you already chosen a house to buy, there are still things that you should carefully consider and think of. The house may be low in price but what about the utilities and other costs that you may incur. Do you need to change electrical installations? How about the water supply? Is there also a gas supply? If the house is newly constructed, do you need to buy new furniture or will it be fully-furnished? If the house is one on short sale, foreclosure, or FSBO - will there be minor or major repairs? Think of other extra costs such as the fees of home improvement professionals, real estate agent, cleaners, and property taxes. To avoid being shocked by these costs, conduct a research about the utility payments of the house. For the professional fees, it will help if you will conduct a research on who can give quality services for low charges.
Not knowing the neighborhood
The house for sale may fit all your preferences. It may be fully furnished. It may have the adequate utility installations you need. But have you checked the neighborhood? Is it peaceful? Is the crime rate below average? Are the neighbors cooperative and friendly? Of course you will not know the answers to these questions in an instance. However, it will help you a lot if you will flex your research skills a little. Obtain the necessary information from local police desk. Talk to some residents and interview them. Observe the neighborhood on different times of the day, especially during night time. All of these will help you avoid being in a disorderly neighborhood.
Desare Kohn-Laski is a proud and experienced Florida realtor who is knowledgeable and familiar of the East Coast Florida real estate market. Some of the areas of her service include Parkland, Fort Lauderdale, and Hallandale Beach. Stop the chase for your dream house with her professional assistance. For more information, hop on to http://www.skyelouisrealty.com.