10 Jan 5 House Hunting Mistakes To Avoid
5 House Hunting Mistakes To Avoid
Indeed, purchasing a new home represents a long-term investment and can make you overly excited. Still, you will have to be willing to understand and follow some house hunting rules that will prevent misunderstandings and keep things going as smoothly as possible. And you should be ready to accept that searching for a new home can take from six weeks to six months.
Of course, a real estate agent can make the process a lot easier, as it will do the research for you and offer the most suitable suggestions for your needs or expectations. But before you start your house hunting adventure, it is best to take in to account the following mistakes you should avoid at all costs.
1. Don’t invite all your family and friends to your house hunting day
Real estate agents say that it is always best to travel to a potential house with only one car. Besides, some say it is recommended to drive along with your real estate agent in only one car. This will stop you from getting lost in the area, while won’t add additional stress to the seller either. Believe it or not, this is a challenging experience for both of you!
2. Be open to your real estate agent
Not being open can become a considerable mistake rapidly. To make an accurate house hunting suggestion, your real estate agent needs to get access to your genuine thoughts and expectations. So, if he or she presents you with a property that is definitely not fulfilling the requirements you have in mind, speak up.
3. Try to find the perfect balance between picky and not too picky
First of all, if you decided to buy a new home, you should admit that there is not only one scenario in which a property will meet all your expectations. And this happens because there might be the need for additional renovation. Or the home of your dreams is positioned in a neighborhood you don’t like. Thus, it is best to ask your real estate agent the best options that match as many requirements as possible. Determine what you want from your new home before you start house hunting. In this way, you will save a lot of time for both you and your real estate agent.
4. Get a mortgage pre-approval
Going house hunting without a mortgage pre-approval will get you next to nothing. Let’s say you manage to identify thanks to your real estate agent, the best housing option for you. But you don’t have a pre-approval, so you don’t know if it fits your budget. Thus, a mortgage pre-approval is necessary for knowing how much you could spend, but at the same time gets your real estate agent a clear picture of what offer is best for you.
5. Don’t dress up. After all, you are house hunting
A frequent mistake amongst those that go for house hunting is that they dress inappropriately. This slows down the entire viewing process, which can make your house hunting journey last longer than necessary. Real estate agents suggest wearing comfortable shoes, as you will have to view several houses in one day.