Are you considering buying a new home or investment property in the near future? Buying a home is a major investment no matter how you look at it. But for many homebuyers, it’s even more complicated and costly than it needs to be because of blind spots where they are lacking critical information. Information that can literally make or break their chances of buying their dream home or add tens of thousands of dollars in unnecessary costs or countless hours wasted in fruitless activity. It’s crazy!
Homebuyers are, in many cases, making the biggest investment of their lives without any step-by-step roadmap for success.
Mistake #1: Confused Buyers
Don’t start looking before you figure out what you are looking for! I know that seems like common sense, but you’d be surprised how many people go out looking for a home and they don’t know really what they’re looking for!
There may be a BIG difference between the kind of home you want and the kind of home you need. Ideally, you want to find a home that gives you everything you want and need, at a price point you can afford. However, to avoid wasting time, energy and money and ultimately, regretting your choice later, it’s important that you satisfy your needs first and your wants second. In the long run, the greatest view in the world is not likely to make up for not having enough bathrooms. In other words, clarity is power– especially when you’re buying a home!