Buying a house is fun and exciting, but it's a also filled with anxiety, fear and lots of questions. This video will cover 10 of the most important mistakes to AVOID when you're searching for you next home.
1. Not getting pre-approved - A pre-approval will let you know what you can afford. Besides, no seller will accept an offer without a pre-approval.
2. Looking for perfection - No home is perfect, so stop chasing it.
3. Not considering closing costs - They can be expensive, so you need to budget for it.
4. Using the listing agent to submit your offer - Listing agents represent the seller and are legally obligated to put their client first. You need an agent who will put your needs first
5. Must- Haves vs. Wants - Your home will not have everything you want, and that's ok! Keep your eye on the big ticket items. The rest you can do over time.
6. Location, location, location! - Think about location, because where your house is located plays a much bigger role in our lifestyle than you think.
7. Too many opinions - Asking for too many opinions will leave you confused. Trust in a few people whose opinions you value and leave it at that.
8A/B - Rushing into buying a home and dragging your feet when home home searching are two things that happen to buyers all the time.
9. Getting too emotional - Buying a home is an emotional process and falling in love with a home only to have your heart broken a few weeks before close, happens more than you think. Stay cautiously optimistic, get excited, but stay grounded in the fact that until documents have been signed, anything can happen.
10. Don't make any big purchases - Buying a car, opening up credit cards etc. can adversely affect your ability to get a loan, so don't make any big purchases until AFTER you've closed on your house.
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