Top 5 Mistakes To Avoid When House-Hunting - PowerPoint PPT Presentation

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Top 5 Mistakes To Avoid When House-Hunting

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Most people, especially first time buyers make emotional mistakes when house hunting. These mistakes are usually costly in the long run. For more information please visit: – PowerPoint PPT presentation

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Title: Top 5 Mistakes To Avoid When House-Hunting


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Top 5 Mistakes To Avoid When House-Hunting
http//www.bethanyrealestate.ca/
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  • Most people, especially first time buyers make
    emotional mistakes when house hunting. These
    mistakes are usually costly in the long run.
    Controlling your emotions will help you make a
    rational decision when looking for a house.
  • We will discuss five mistakes you should avoid
    when looking to invest in Bethany Real Estate
    Millbrook.

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  • Going for a house above your budget
  • It is hard to start a new search once you have
    fallen in love with a specific house. Your mind
    has settled for that, and you are always dreaming
    of how good you life will be. Maybe the house
    had
  • A spacious kitchen
  • Swimming pool
  • Flower garden

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  • All this is good, and it is everyones dream,
    but if you cannot afford it, you are simply
    hurting yourself. To avoid this temptation, look
    for houses within your budget. Start your search
    with your budget in mind and looking first for
    the cheapest option available. If you find that
    is cheap, and it satisfies you, buy it. You are
    better of using the remaining money improving and
    upgrading your new house.

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Foregoing Inspection
  • A good number of house hunters assume that
    inspection is not necessary. This is a costly
    mistake because the house youve chosen might
    have hidden problems. These problems might be
    visible later after weeks or months. Having a
    home inspection profession inspect the house will
    help you know what youre getting into.

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Desperation
  • This happens when you have been house hunting
    for long, and you have not come across a house
    that is good. It may even happen because there
    are many buyers than sellers in the area youre
    looking at. Being desperate will push you to move
    into a house just because you dont want to wait.
    However, moving into a house that you will end up
    selling again will be costly. To sell the house
    again will be time-consuming and you will incur
    the following costs.
  • Real estate agents commission
  • Transportation and other costs when moving out.
  • As long as your budget and demands are
    realistic, you will get a house that fits you.

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Rushing to purchase
  • If for instance, you are looking for homes for
    sale Millbrook and the area has many buyers than
    sellers you might be tempted to close a deal
    quickly. Balancing the need to have a home that
    is right and the need to make a quick, informed
    decision is important. Do not overlook steps
    like
  • Visiting the neighborhood to make sure it is safe
  • Home inspection
  • Take at least a day to think more about the
    house. This will give you a chance to gather more
    information on how much the house is worth.

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Planning poorly for a showing
  • If you plan to view many houses in a day, you
    will be forced to rush through each house to
    accomplish your days target. It is important to
    take your time when viewing a house to give it a
    thorough look.
  • In addition to allocating enough time you need
    to wear comfortable shoes to be able to walk
    around the easily.
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