Top 4 Mistakes Home Buyers Should Avoid
Navigating the home-buying process can be difficult if you try to go it alone. That’s why so people choose to work with a real estate agent who knows the area and the homes for sale. Of course, a good real estate agent will also help you find the right inspector for a home inspection. But a great agent will refer you to Inspect360! That’s because our inspectors can help you navigate the process, too, and make sure you avoid these four common home-buying mistakes.
1. Overspending
Buying a home costs you more than just the closing and moving costs. It also requires knowing your budget and how much house you can afford. In addition to your mortgage, you’ll need to consider things like property taxes, home repairs, landscaping, and utilities. If your new home comes with a pool, that’s an added expense to keep in mind. So, avoid overspending by laying out your budget to help you determine how much house you can afford.
2. Limiting Your Search
Homes come and go from the market all the time. But if you’re limited in your search requirements or radius, then you could be missing out on some great properties that fit within your budget. So when it comes to looking for a home, be flexible. Express what you’d like to your real estate agent, but keep an open mind if they show you something outside your parameters.
3. Making a Lowball Offer
If this is your first home, avoid the rookie mistake of lowballing your offer. This move might cost you a great home, or set the tone for the rest of the negotiations. Not only will you offend the seller, but you’re less likely to get them to cover any repairs that come up during our inspection. Furthermore, this is where knowing your budget comes in handy. If a home is out of your price range, then look for something more affordable with the goal of purchasing a larger home later.
4. Avoiding the Inspection
A home inspection gives you a sense of security. It also gives you leverage in the negotiation process. So, this is something you do not want to skip. Unfortunately, skipping the home inspection not only leaves you open to covering home repairs yourself but also limits your buying power. Furthermore, not having your home inspected will likely result in unfortunate surprises that you didn’t plan or budget for.
We Give You Peace of Mind
Are you thinking about purchasing a home in the Dallas-Fort Worth, TX, area? Then turn to the premier inspectors at Inspect360. We arm every purchaser with the knowledge they need to make an informed and smart buying decision. We accomplish this by offering more than just a home inspection; We also offer termite inspections, pool inspections, and sewer scopes. Give yourself peace of mind and schedule your inspection today by calling (817) 754-0360.