Costly Mistake #1
THINKING YOU CAN'T AFFORD IT.
Today, buying the home of your dreams is easier than ever before. Many people who thought that buying the home they wanted was simply out of their reach are now enjoying a new lifestyle in their very own new home.
Buying a home is the SMARTEST FINANCIAL decision you will ever make. In fact, most American and Canadian home owners would be financially broke at retirement if it was not for ONE SAVING GRACE--the equity in thier home. Furthermore, mortage rates are more flexable today than ever and tax allowances FAVOR home ownership.
Real estate values have always risen steadily. Of course there are PEAKS and VALLEYS, but the long term trend is a consistent increase. This means that every month when you make a mortgage payment the amount that you owe on the home goes down and the value typically increases. This OWE LESS - WORTH MORE situation is called EQUITY BUILD-UP and is the reason you can't afford NOT TO BUY.
Even if you have little money for a down payment or credit problems, chances are that you still buy that new home. It just comes down to knowing the right strategies, and working with the RIGHT PEOPLE.
COSTLY MISTAKE #2
NOT HIRING A BUYER'S AGENT TO REPRESENT YOU.
Buying property is a COMPLEX and STRESSFUL task. In fact, it is often the biggest single investment you will make in your lifetime. At the same time, real estate transactions have become increasingly complicated. New technology, laws, procedures and competition from other buyers require Real Estate Agents to perform at an ever increasing level of professionalism. For many homebuyers, the process turns into a terrible, stressful ordeal. In addition, making the wrong decision can end up COSTING YOU THOUSANDS OF DOLLARS. It dose not have to be this way.
Working with a Real Estate Agent who has a KEEN understanding of the real estate business and who is on YOUR SIDE. Real Estate Agents have a FIDUCIARY DUTY to you. That means they are loyal to only you and OBLIGATED to look out for YOUR best interests. Real Estate Agents can help you find the best home, the best lender and the BEST INSPECTOR. Best of all, in most cases, the Real Estate Agent is paid out of the seller's commission, even though he/she WORKS FOR YOU.
Trying to buy a home without an agent is,well... UNTHINKABLE.
COSTLY MISTAKE # 3
GETTING A CHEAP INSPECTION.
Buying a home is probably the MOST EXPENSIVE purchase you will ever make. This is NO TIME to shop for a CHEAP inspection. The cost of a PROFESSIONAL home inspection is very small relative to the home being inspected. The additional cost of hiring a LICENSED, INSURED and CERTIFIED INSPECTOR is almost insignificant. As a homebuyer, you have recently been crunching the numbers, negotiating offers, adding up closing costs, shopping for mortgages and trying to get the best deals. DO NOT STOP NOW. Do NOT let your Real Estate Agent, a patty-cake inspector or anyone else talk you into SKIMPING here.
InterNACHI inspectors perform the best inspections by far...
WWW.InspectorNow.com
K and H Inspections are determined to perform inspections of the upmost quality, with integrity. For a buyer, we make sure that they know and understand every fact about the property that they are purchasing. For sellers, we will provide a report that gives 100% full disclosure, with no worries of a buyer coming back and questioning anything regarding the property.
Anytime that you are purchasing a property, we understand that it is a HUGE investment. Everyone involved needs to know every aspect of the property. We take pride in providing this service. The majority of our business is from client referrals and from real estate agent recommendations. We work directly for the client. Our job is to insure that the client understands every item that may be reported. Our job does not end after the report is completed. Should you have any questions months down the road, you are encouraged to give us a call and we will do whatever it takes to insure that you are completely comfortable with the property.
We are here to assist you in making a confident decision about your property. Whether you're buying a new property and want to be sure of what you're getting... or selling a property and want to eliminate possible problems that could delay or lose a sale. Or just want a professional to inspect and advise you on the condition and maintenance or safety recommendations of your current home, we are here to help...
KHI