Monday, August 22, 2011

Top Four Home Buying Mistakes.


1. Hiring an inexperienced real estate agent. When you hire your doctor, your lawyer or your accountant you make sure they are well qualified to help you and have years of experience.  As the homeowner the seller pays the real estate commission, why wouldn’t you as a home buyer hire the very best real estate agent you can? It does not cost you anymore to hire the best. For more information http://www.realestateinpalmbeach.net/

Taking too long to make a decision.  If you find that perfect home don't procrastinate because as the weekend approaches the greater the likelihood another buyer will jump in.  When negotiating, time is a home buyer’s worst enemy and can be a home seller’s best friend. If you've hired an experienced agent the chances are you have already done your homework and are well informed.

3. Not doing your homework.  It’s not only about the money; often terms are just as important. If the home is vacant, the seller will likely want to close quickly.  If you're not a cash buyer then a letter from your lender stating that you are qualified and can close quickly may save you thousands of negotiating dollars.

4. Not keeping an eye on resale.  Remember that it is just as costly to remodel a kitchen in a home on the water as a home across the street from a busy intersection, and we all know which remodel will offer the better return on investment. So do your homework, don't take to long to make a decision if the right home becomes available and hire a realtor who will get you the best deal possible without losing the home you worked so hard to find. For more real estate help palmbeachrealestateguy.blogspot.com

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