Friday, July 11, 2014

First Time Mistakes to Avoid

It is easy to assume that in busying a house - you know what the right thing to do is, but you would be shocked at some of the moves that are actually not for the good that you might be doing already! There are so many things to consider when buying a house and not all of them are as obvious as you would think. That is why having a knowledgable real estate agent on a good team such as Les Bailey and Associates is helpful!
Thinking that you should pay off all that credit card debt that you have to qualify for a house. You may want to stop putting everything that you have into paying that off. To really understand what we mean - watch this video from Yahoo Finance Guru Trevor Curran HERE.

You can easily fall in love with a house that is very well your dream house. Making sure that you are  staying within your budget. Don't let your head run as fast as your emotions do when you find everything you want in one place. Remember buying a home creates additional expenses not included in the purchase price.
Know the difference between what you are pre-qualified for and pre-approved for. There is a difference and we can help. This is one of the single most worst mistakes made. People forget that you can qualify for something and still get denied.
Not using a realtor. We may be biased, but keep in mind, they know what they are doing, this is what they are in the business of doing. They can help negotiate pricing, counter bids, add things you missed into the contract, and take care of organizing the closing. Since the seller pays the commission, it is at no cost to you. You have nothing to lose when gaining some help from experienced professionals.

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