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Buyer Beware
Potential Pitfalls to Avoid
Don't do the
following:
- Buy an outmoded house or ill-fitting
house, unless you are certain it can be tailored to suit
your needs, and you know exactly how much that will cost.
- Let spur-of-the-moment impulse override
sound judgment. Take your time and tour the house at
least twice at different times of day. Drive around the
neighborhood and find out what you're really getting
into. Make sure the family is in agreement.
- Buy a house just because it's a bargain.
Or you might end up with something you didn't bargain for
- a less than ideal housing situation. Stick to your
criteria and find a home that meets your needs, wants and
budget.
- Buy a new house in a new subdivision if
you expect to move in less than five years. If you try to
sell any sooner, you will find yourself competing with
brand new homes being built around the corner and
offering better financing.
- Try to work personal property into the
real estate deal. Take care of the property first, then
worry about the washer and dryer. Otherwise, you will
just end up confusing the seller.
- Buy a house without getting to know the
neighborhood first. You need to find out about emergency
services, zoning restrictions, street lighting, parks,
shopping centers, churches, medical facilities, etc.
- Work without your Realtor, when buying new
construction or For Sale by Owner (FSBO) properties. Let
a professional handle the detail work for you. Enjoy an
experienced negotiator working on your behalf. Remember to let your
Realtor make the first call or be in attendance at your first visit.
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