When you buy a home, there are three major mistakes that you need to avoid
in order to meet your real estate goals.
Looking to buy a Bay Area Home? Search all Bay Area homes for sale. Selling Your Bay Area Home? Use our home evaluation tool.
in order to meet your real estate goals.
Looking to buy a Bay Area Home? Search all Bay Area homes for sale. Selling Your Bay Area Home? Use our home evaluation tool.
There are three major home buying mistakes that you need to avoid.
1. Refusing to confide in a trusted advisor. As your real estate agent, I am your trusted advisor. I’m a third party. I am neutral. I am Switzerland when it comes to buying your home. My team and I have been in real estate for a long time and have dealt with all kinds of different scenarios, so it’s very rare that we come across something we haven’t seen before. If you’re thinking about something, please confide in me as a real estate professional. We have a fiduciary relationship, which means that it is our legal responsibility to have your best interests in mind.
1. Refusing to confide in a trusted advisor. As your real estate agent, I am your trusted advisor. I’m a third party. I am neutral. I am Switzerland when it comes to buying your home. My team and I have been in real estate for a long time and have dealt with all kinds of different scenarios, so it’s very rare that we come across something we haven’t seen before. If you’re thinking about something, please confide in me as a real estate professional. We have a fiduciary relationship, which means that it is our legal responsibility to have your best interests in mind.
Don’t make any big purchases before
you buy your home.
you buy your home.
2. Altering your financial picture before closing. Don’t do that! Don’t go out and buy a new boat or a new car. Don’t do anything that will alter your debt to income ratio. If your DTI shifts a couple percentage points because you thought it was okay to get a new Honda, you could lose the home.
3. Buying the wrong house. Buy what you need, not what you want. We all want a big house on a lake, but in reality, you should only buy what you absolutely need. This is just another stage in life; at some point, you will get to that ultra-awesome house, but for now, just buy what you need. You still have to heat it, clean it, and pay for it. I know from experience that buying what you want is not always the best choice.
Avoid these three mistakes and you will have a successful, enjoyable home buying process. If you have any other questions about real estate, just give me a call or send me an email. I would be happy to help you!
3. Buying the wrong house. Buy what you need, not what you want. We all want a big house on a lake, but in reality, you should only buy what you absolutely need. This is just another stage in life; at some point, you will get to that ultra-awesome house, but for now, just buy what you need. You still have to heat it, clean it, and pay for it. I know from experience that buying what you want is not always the best choice.
Avoid these three mistakes and you will have a successful, enjoyable home buying process. If you have any other questions about real estate, just give me a call or send me an email. I would be happy to help you!
