Looking at Homes? Don’t Make These Common Buying Errors

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If you are ready to start looking at homes, whether you are already a homeowner or making your first purchase, it’s easy to get lost in the process and forget the reason why you are buying a home in the first place. However, by avoiding the following mistakes when you start looking at new homes, you can raise your chances of purchasing the perfect home for you and your family.

Looking at Homes? Don’t Make These Common Buying Errors

  • Not getting pre-approved—Getting pre-approved by a mortgage lender is the first thing you should do when you start looking at homes. Not only will this save you time when you decide to put an offer in on a home, but it can also guide your purchase by giving you insight into how much you can afford to spend.
  • Ignoring the neighborhood—When it comes to buying a home, the location you choose is one of the most important factors to consider. For example, if convenience is important to you, consider whether the home you want to buy is located near public transportation, restaurants, stores, and community resources.
  • Failing to look at the total cost—The total cost of a new home is more than just its listing price. You also need to take into account what property taxes will be, what your HOA fees will be, what kind of repairs and maintenance you will need to do on the home, and other hidden expenses.

If you’re ready to start looking at homes, you should also avoid not having representation from a real estate agent. To secure our help with your next real estate transaction, contact us at Thornburg & Associates, Inc. today.