Mistakes to Avoid When Buying a Home, Part 1

Excerpt taken from the Georgia Real Estate Report

What are the most terrible mistakes to make when buying a home and how does a smart buyer avoid making these errors? These are some of the most common questions clients have with regards to real estate. In this first part, of a series, I will address some of the worst mistakes to make when purchasing a home. Check back monthly for more tips!

Failing to Build a Team

Because most of us shop for a home only once every six or seven years, it’s almost impossible to keep up with all the changes in the housing industry. The most important step you can take is building a team of experienced professionals to assist you in your search.

This would include an accountant, a mortgage banker, a lawyer, an inspector, and an appraiser. Perhaps most important is a real estate agent whom you trust. Because the agent is actively engaged in this business, it is their job to help you coordinate all the other team members to promote and protect your interests.

It is not uncommon to meet first time buyers who refuse to seek help, preferring to “go at it alone” and work only with sellers on a direct basis. This is a foolish approach to the home buying process. Denying yourself the many benefits of an agent’s experience is not a smart way to find a home!