STOP Making These 7 Home Buying Mistakes! - Prescott Real Estate

STOP Making These 7 Real Estate Home Buying Mistakes!
Conrad Walton - 928.925.4428 - [email protected]
Contact Me Here: https://www.prescottrealestate.com/re...

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• Not researching neighborhoods : Researching the neighborhood can help you understand the options. Lots of types and styles of neighborhoods, from forest to urban. Consider schools, shopping, medical facilities, and natural surroundings.

• Not getting a pre-qualified for a mortgage: Getting a pre-qual for a mortgage gives you an idea of how much you can afford. Talk to a lender first. You’ll need to submit the form with your offer when you find the house of your dreams.

• Not working with a buyer’s real estate agent: Don’t use the listing agent. They originally represent the seller, and when they represent you at the same time, they are limited in the advice they can give you. It doesn’t cost you any more to get your own agent who will only fight for your interest.

• Not reading and understanding the contract: It’s essential to read and understand the contract before signing, it to avoid legal problems down the road. If you have any questions, ask your agent.

• Not considering additional costs: In addition to the purchase price, consider other costs such as escrow, title insurance, commissions, insurance, and maintenance. Commission process has changed and works differently than it did in the past. Ask your agent.

• Not considering resale value: Even if you’re not planning to sell the property immediately, it’s essential to consider its resale value. Someday, someone will need to sell your property, so don’t pick something that’s too unique, with too much character.

• Not being patient: Buying a home can be a time-consuming process, and it’s essential to be patient, and not rush into a decision. Decisions made now can have an impact for years to come. Slow it down and think everything through.

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Conrad Walton
928.925.4428
[email protected]

ADRE License BR657300000

Associate Real Estate Broker
Realty One Group, Mountain Desert
100 E. Sheldon St. Suite 200
Prescott, AZ 86301

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