10 Deadly Mistakes Home Buyers Can Make

Mistake NO. 1

Choosing a Real Estate Agent who is not committed to forming a strong business relationship with you. Or, hiring a "part-time" agent who only works on the weekends.

HERE’S HOW TO AVOID IT

Making a connection with the right real estate agent is crucial. Choose a professional who is dedicated to serving your needs – before, during and after the sale. Don't leave the largest financial decision you may ever make to chance.

Mistake NO. 2

Presenting an offer on a home without being pre-approved.This will set a buyer up for failure! Press Here to Learn More

HERE’S HOW to AVOID IT

Pre-approval will make your life easier – take the time to talk with a bank or mortgage representative or two so you can compare and feel comfortable. Their specific questions with regard to income, debt and other factors will help you determine the right business model for your investments. It is one of the most important steps in developing a strategy for creating wealth.

Mistake NO. 3

Not knowing the total costs involved.

HERE’S HOW to AVOID IT

Early in the investment process, ask your real estate agent or mortgage representative for an estimate of closing costs. Title insurance and lawyer fees should be considered. Pre-pay responsibilities such as homeowner’s association fees and insurance must also be taken into account. Remember to examine your settlement statement prior to closing.