Well we’ve made it all the way to number 10, if you follow my advice and avoid these 10 mistakes you will save lots of money and feel great about your new home! So on to…
Mistake #10 Buyers don’t get a home warranty.
Would you buy a car without getting a warranty? I think not! Even […]
Mistake #9 Buyers get emotional in front of sellers.
Emotions can cost a Buyer tons of money! Here in the Las Vegas real estate market I sometimes see buyers and sellers get together either on-purpose or by accident before there is a ratified sales contract, this is VERY dangerous. It can affect the whole negotiation process, […]
Mistake #8 Buyers spend money while in escrow.
This is a big no-no! Don’t spend money on any “Big Purchases,” over a couple of hundred dollars, while you are trying to buy a home!!!!!! The reason for this is that if you are getting a loan, at the last minute before the lender funds your loan […]
Mistake #7 Buyers wait too long.
Don’t wait, buy now! I know it sounds like a pushy salesman trick taught on every car lot in the country…”It might not be here tomorrow!” But when it comes to making a home purchase, there is never a better time than right now! Now let me preface that with […]
Mistake #6 Buyers don’t review the HOA documents.
If you are purchasing a home with an association you have to read the documentation you receive. In the Las Vegas area there are usually CC&R’s, By-Laws, Rules & Regulations, financials, a statement of the fees and a statement of any pending litigation. NEWS FLASH…Not all associations are […]
Mistake #5 Buyers don’t read their paperwork
I bet you are thinking, “Yeah Right!” but do you know how many buyers don’t read what they are signing? Most of them! If you are buying a home you’re making one of, if not the largest purchase of your life, you are about to lock yourself into payments […]
Mistake #4 Buyers don’t use a Realtor to negotiate.
I know this is a bit biased coming from a Realtor, but let me try to explain the importance of this with out sounding like I’m just trying to trick you into working with me so I can make my car payment. The truth is that I […]
Mistake #3 Buyers don’t inspect the property.
I can’t stress enough how important it is to have a licensed home inspector go through the property you are planning to purchase! I don’t just mean here in Las Vegas, this goes for every property everywhere. Inspectors do this every day! How many houses have you inspected? Besides […]
Mistake #2 Buyers, choose the wrong loan.
In the past few years the lending world, here in Las Vegas, has seen more changes than you can count! There are lots of programs and terms most of us have never seen before like; interest only, negative amortization, hard or soft prepays, option arms, 40 year terms, balloon […]
Mistake #1 Buyers, buy the wrong property!
Buyers often make mistakes when purchasing in what seems like the most simple of issues, they just choose the wrong property. I say this because I’ve seen buyers stay in a home a short time because it was too small or in the wrong part of town. I even […]
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