Buying a home requires a lot more than just finding a home and writing a check. It takes a lot of planning and research to ensure you’re aware of everything that comes with and around that property. It’s important to be prepared before you begin your search so you can make sure the process goes as smoothly as possible. These tasks from a Waltham Realtor will help set you up for success when it comes time to making that purchase.
Avoid These 5 Mistakes
Not Hiring a Buyer’s Agent
Some people who are searching for a home choose not to hire a buyer’s agent because they think they’ll be able to get a better price by working with the listing agent directly. This is indeed not true. Listing agents act in the best interest of the seller of the home, not the buyer. Hiring a professional Waltham real estate agent will benefit you in all areas. A Waltham Realtor will help you find homes that fit your requirements and will not waste your time showing you homes that don’t. Since buyer’s agents are familiar with the Waltham real estate market, it is easier for them to negotiate prices for you.
Not Getting Pre-Approved for Mortgage
No one wants to find a dream home, fall in love with it and then find out they are not approved for the amount of money they need to borrow. It is in your best interest to get a mortgage pre-approval before starting your home search. This will also ensure that if you find a home you love, you are able to make an offer on it right away. Your Waltham Realtor can walk you through the process of getting your pre-approval.
Settling Because You Think There’s Nothing Better
The inventory of homes changes often throughout the year. At times, specifically in the winter and spring, there is a low inventory of homes for sale making it more competitive when searching. At other times of the year, like the summer and fall, there are usually more homes on the market leaving you with more choices. Don’t settle for a home that you kind of like just because you are in a rush to buy. The market is constantly changing, and your Waltham realtor will make sure you to help you find the perfect home for you.
Thinking You’ll Fix Everything Up
Sometimes you come across a home that is perfect for you in most aspects but there may be some work that needs to be done. This is a normal case in which people buy homes and then fix them up to their standards. However, people need to be careful to make sure that they don’t underestimate how much time and money would need to go into the renovations they want. Make sure you have enough in your budget to complete all the tasks that you want.
Dragging Your Feet
Although you don’t want to rush into buying a home, you also don’t want to take too long to make offers. It can be heartbreaking to constantly get beat out by other people looking at the home just because you were dragging your feet in the process. Hiring a Waltham Real Estate agent will help you stay on track and diligently get the home you have always dreamed of.