Not Checking Your Credit Score Early
Many buyers wait to check their credit score till they are ready to make an offer. You are in a better position by getting approved early so that you can improve your current score. Many buyers have been able to get lower interest rates by key decisions prior to buying a home.
Not Comparing Real Estate Agents
Not all Realtors nor Real Estate Agencies are equal. Compare their full services, knowledge of the local market and approach to negotiating for you as the buyer. Click Here to Learn More
Waiving the Home Inspection
This is the advice many buyers receive by the typical Realtor. We do NOT recommend this approach. Their are alternatives to getting the right home and getting it inspected prior to ratification. Consult with one of our Realtors to learn the best strategy.
Not Considering Resale
It is rare a buyer will own a home for 30 years. In the local DMV most buyers will own for less than 10 years. Since real estate is part of your wealth portfolio it is important to buy based off of the 5 pillars of real estate.
Not Buy Owner's Title Insurance
It is important to protect one of the most expensive assets you will own after settlement. If you are getting a loan, the lender requires it for their protection. We recommend always getting owner's coverage at the time of settlement to protect yourself.
© 2024 Bright MLS. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.