Common mistakes first time home buyers make

Carol ina Grand Strand

Discover the Only Way To Buy and Se l l Real

Es ta te in theCarol ina’s

Only Way Realty

Residential Homes | Commercial Properties | Investment Real Estate | Foreclosure Specialists

[email protected] Dusty Lane Tabor City, NC 28463

Kenneth P. “Kip” Nance Realtor/Broker in Charge

Common First-Time Home Buyer Mistakes

1. They don’t ask enough questions of their lender and end up missing out on the best deal.

2. They don’t act quickly enough to make a decision and someone else buys the house.

3. They don’t find the right agent who’s willing to help them through the home buying process.

4. They don’t do enough to make their offer look appealing to a seller.

5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.

6. Failing to get preapproved before looking for a home.

7: Making a lowball offer to seller not considering the cost seller has to offer home on the market.

8. Having the mindset that a foreclosure is a better deal than a fair market offering.

9. Not factoring in maintenance and age of appliances and HVAC system.

10. Not considering the 5 year cost of maintaining the home including updating, roofing, plumbing, and floor covering expenses