Few Mistakes To Avoid Purchasing A HOME First Time

Few Mistakes To Avoid Purchasing A HOME First Time

Many people jump into the market without having the finance sorted out. Either its cash you are acquiring from somewhere or getting a pre-qualification, you want to make sure and get your finance sorted before looking into purchasing your dream home. This will save you from disappointment and give you the right estimation of what you can actually afford. This will help you look at the right house that fits your criteria and if declined you can find out what’s the reason and work toward resolving the issue, preparing yourself perhaps for future to get into your dream home soon.  

Do not delay the process for buying a home hoping the rates will fall more and more. No matter whom you talk to and how experienced they may be or involved in the mortgage industry, no one can give you an accurate answer when the market will fall or pick up. So keeping this in mind its best to jump in the market and get what you need when you are ready and not wait for the market to accommodate your needs.  

Lot of people buy a home and they do not think about the investment side of purchasing a property. Please don’t think Short term in this matter. Even though your goal should be finding a house that you want to love and make it a home for a long term but you should always consider how easy it would be to resale the house in the market if needed. Make sure you do a thorough research to see what sort of neighborhood you are stepping into and if there will be any redevelopment. Any changes in your neighborhood may increase or in some instance decrease the value of the property you are looking into moving.  

Always consider costs and when I say cost not just your monthly mortgage payments consider the hidden costs like the property maintenance, utilities and not to mention the property taxes. Use resources like your Realtor and a good home inspector to see the actual value of the property versus the renovation if needed any in the property you are interested in. Not to mention the moving costs and new furniture’s you may want to purchase.  

Visit My website: www.khanjemi.com REALTOR Specializing in the selling and buying homes @ Frisco, Plano, Garland and Richardson.

Contact me with any questions you might have @ 214-449-2530 or email me @ [email protected]

LET ME FIND YOU THAT DREAM HOME YOU HAVE BEEN LOOKING FOR. EXPECT NOTHING BUT THE BEST!


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Phone: 214-449-2530
Dated: September 11th 2013
Views: 2,623
About Jemi: Dallas, Texas has always been Jemi’s home; she was born in Bangladesh but raised in the United...

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