Tuesday, April 23, 2013 - Article by: Michele Welch - Wells Fargo Home Mortgage -
Many times when you are shopping for a home emotions can take over. Here are a few mistakes you can avoid. Firstly, Looking for PERFECTION can be costly and if you think about it every home is going to have pros and cons. Many times purchasing a Perfect home can become costly and cause home buyers to overextend what they can truly afford. Secondly, Always looking for a better deal can backfire on the home buyer. With interest rates low and inventory dwindling, Here Today could be Gone Tomorrow. Thirdly, Be realistic making an offer on a home. Low balling an offer will only be rejected and lengthen the process. Sometimes it is good to think like the seller and what is reasonable. Lastly, just because it is a foreclosure or short sale does not necessarily mean a bargain. Make sure you use a buyers agent to lead you through any transaction. It is a process to purchase a home and can be stressful. Make sure you take some time to relax before you have to start packing.
Didn't find the answer you wanted? Ask one of your own.
Ask our community a question.
Featured Lenders
Omega Financial Services
Union, NJ
Top Flite Financial
Little Rock, AR
Peoples Bank
Cincinnati, OH
RBS Citizens
Clifton Park, NY