After years of trying unsuccessfully to list my home on my own, I finally realized that I needed some serious help. I began looking for a great real estate agent who could help me out, and after interviewing a few professionals I found someone that was really in tune with what I needed. They sat down with me to talk about my needs and worked hard to help me to identify different homes that could work for my family. I wanted to make a blog all about selecting the perfect agent to work with during your house hunt. Check out this blog for great tips on choosing agents.
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Common Home Buying Regrets, And How To Avoid Them
Savannah Marshall
Not everybody who buys a home ends up being satisfied by their homes; some people regret their purchases. If you are shopping for a home, here are some of the regrets you shouldn't anticipate and avoid.
Buying Upper Fixer "Bargains"
Many people dream of finding a fixer-upper at a great bargain, fixing it cheaply, and selling it or living happily ever after in it. This is possible, but it requires hard work, due diligence, and a little bit of luck, which means some of those who buy fixer-uppers inevitably regret their decisions. Here are a few precautions to take to ensure that your purchase of a fixer-upper doesn't end in disappointment:
· Have it inspected and scrutinize the inspection report
· Know how much you will need to fix the property
· Ensure the home is in a desirable location
· Focus on properties with cosmetic defects since those are easy to rectify
Over-Focusing On Structure
Another common regret is that of focusing too much on the actual structure at the expense of other issues, such as the location. Take a case where you have always dreamed of living in a four-bedroom mansion with a detached garage, swimming pool, and walk-in-closet. If you find such a home, you may be so much enamored by the prospect of living in your dream house that you may forget to evaluate the neighborhood. If you aren't careful, you may end up buying an excellent house in a crime-infested and polluted neighborhood.
The best way to avoid such a mishap is to have a list of must-have features touching on both the structure and location of your next home. Make it a point to run any potential home through that list to avoid over-focusing on one thing.
Focusing On the Present
You won't be buying a home every year, so buying a home that only satisfies your present need can also cause you much regret. Many home buyers regret buying properties without considering their future needs. Avoid this regret by evaluating your needs in the near future, which is easier to evaluate than the distant future, and buying something you can enjoy living in for some time. For example, couples who haven't ruled out the possibility of having kids should buy a home in a good school district even if they are childless at the moment. Such a couple should also consider buying a home with a reasonable number of bedrooms so that they don't have to move in five years when they have a couple of kids.
For more information, contact your local real estate services.
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