Twin Cities Real Estate

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Tuesday, December 05, 2006


OOPS-Common Mistakes of Home Buyers

I hate to make mistakes. I've always heard it's good to learn from your mistakes. I think it's even better if you can learn from other people's mistakes.

Mistakes to Avoid When Purchasing a Home
  • Don't talk yourself into something (it's not that old, that far from work, that small, that much over our budget, ...) -- don't use "that" to quantify your feelings about a house
  • Don't talk yourself out of something (we just started looking, how do we know if it's the right home, ...)
  • Do have a private home inspection performed
  • Don't involve too many decision makers - getting other opinions is a good idea but remember it is your decision and you will be the one(s) to live in the home
  • Don't overlook home details - once you find a home that arouses your passions, you need to remember your list of non-negotiable required items and ensure the home has these. Make sure you don't put the dark sunglasses on once you find a cool home!
  • Do take good notes on every home you look at
  • Do get pre-approved before you start looking
  • Then, determine whether you want to spend less than that amount
  • Do stick to your plans
  • Do determine how much repairs or updates to a home will cost before making your offer

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