MISTAKE # 1 BEING UNPREPARED-
It almost goes without saying, but buying a house is serious business. However, many homebuyers enter into the equation unprepared or haphazardly. Sure, it is always fun to look at houses and get a feel for the current market conditions, but before you get serious about buying a home. you need to have all of your ducks in a row.
This means making sure your current living arrangements can accommodate your move. If you are renting, be sure you have reached the end of your lease or are renting month to month. If you own a house, be sure it is sold before you prepare to make an offer. It means having your finances in order and collecting proper documentation required on your loan, such as paycheck stubs, bank staements and tax returns. It means giving thought to exactly what your needs and desires are in a home, and being able to differentiate the two lists.
Being prepared also means being physically and emotionally ready for your move. People often underestimate everything that is involved in a move, from packing up every last belonging to arranging for help. Once you find a house, the process can move very quickly, which comes as a surprise to many home buyers. Emotionally, the less prepared you are, the more taxing the process can become.
By no means am I trying to give you an excuse not to move. But before you do, I want you to understand what you are getting yourself into. No one wants to work toward finding a house, only to learn that you are unable or unprepared to move. That is severly disappointing for both the buyer and your real estate agent.
Get serious about it, prepare yourself, and get ready for your best move ever.
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Bryan VogtStrano & Associates, Realtors® - GMAC Real Estate
(618) 355-5824
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# posted by
Bryan Vogt @ 2:02 PM