Buying a home can be a
little confusing, especially for a first time buyer. The decision to
purchase a particular house should not be based on whether it fulfills
the parameters of being your dream house; instead buyers should think
rationally and factor in other considerations like price, condition
and location.
Given below are the three
major mistakes that first time buyers make.
Ignoring defects
Most people tend to
overlook major flaws in the house that they intend to buy. While some
are overcome by the size of the property, some tend to get carried
away by the less price tag and opt for houses with major flaws. The
truth is that while the defects may seem too trivial to bother about
in the beginning, there is every possibility that once you purchase
the house, they may cause you to regret your decision.
Over estimating the
price
Vancouver Real Estate |
Most first time buyers
tend to over estimate the price of a house. People who over estimate
the price, end up paying a large sum for something that could be
easily purchased at a far lesser price.
Not availing the
services of a good real estate agency
Most people make the
mistake of believing that all real estate agents are the same.Opting
for a good agency can save you from the trouble of making mistakes
and buying a home that does not suit your requirements.
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