As you consider the purchase of a new home, your search will require a tremendous amount of information to help you make the right decision. Items such as floor plans, communities, interest rates, and mortgages are all important parts of the process that you must research and understand to assist you in your purchase decision. Here are the 10 biggest mistakes in home buying from David Weekley's book How to Buy a Home Without Getting Hammered!
(1) Not doing your homework. With all of the information available today on the internet, from REALTORS, and in housing guides, there is really no reason for entering the market unprepared. (2) Trying to make a shrewd investment. As simple as it sounds when buying a home, your best bet is to choose one that appeals to you. Chances are that others will like it too. (3) Choosing a poor location. Nothing spoils life and resale value like a poor location. (4) Overlooking an inferior floor plan for an attractive exterior. You want a home with a layout that makes people feel comfortable and that responds to the way we live today. Open. Friendly. Functional. (5) Not considering how your family wants to live. This home only needs to fit one family - yours. It's not about choosing a home your family or friends would like. (6) If buying a resale, not having the home properly inspected. Always arrange to have a home inspection done so that you will have a written report with all items that need to be repaired before you close the purchase. (7) If buying new, failing to check out builder's reputation. Builder's have only one thing of real value: their reputation. If the one you are considering doesn't have a good one, they should not get your business. (8) Not getting what you want because you are impatient. This is the single largest investment most of us will ever make. It requires an enormous amount of energy, effort and research. It takes time to do it right. (9) Buy low. Sell high. There is no time like the present as there is no way to predict the future and history shows that those that purchased homes and kept them for three to five years or more did better than those that did not. (10) Not Buying at All! No place to call your own. No control. No tax break. No appreciation. No equity. No kidding.
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
The Cost of Waiting: Interest Rates EditionSome Highlights:Interest ra
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