HOME BUYING MISTAKES

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Whether you are buying Palm Beach real estate, Ocean Ridge real estate or Deerfield Beach real estate, there are some basic home buying mistakes you will want to avoid. It’s easy to get swept up by the excitement of buying a home, so always remind yourself to be practical, and stay aware of the common missteps we are all prone to making.

DON’T THINK WITH YOUR HEART. Of all the reasons why you should buy a home, emotions are the least practical. Remember, your home is an investment, and you should think about taking a step back if you find yourself falling in love with a property. A ‘special connection’ does not overrule the condition of the home, its resale potential, and its price.

DON’T GO IN UNPREPARED. When is the last time you went to a job interview without doing your research? Ask your realtor about the property, look into the neighborhood, and make sure to have all your finances in check. Remember to bring a checklist of your needs when viewing the home too – it’s easy to forget the most important things you are looking for the moment you are on site (how many times have you forgotten the milk at the supermarket?).

DON’T TAKE THEIR WORD FOR IT. No matter how trustworthy you may think someone might be, it is always a good idea to bring in a third party. A home inspector, for example, can evaluate the condition of a home better than you or the seller can. If you are not confident about negotiating on your own, relying on a realtor can be pivotal to getting the most out of your home buying experience. And don’t ‘shake on it’ either – any agreement should be written out, read, and checked before you sign.

Good luck! Stay objective and you should be able to avoid many home buying mistakes.

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