Around this time of year, people are buying their first homes. Home buying is stressful and many first-time home buyers rush into a purchase without checking off all their boxes.
Before you buy a home, you may want to make sure you have everything covered. Here are five errors you definitely don’t want to make:
1. Skipping an inspection
Many first-time home buyers don’t realize they can or should hire a home inspector. Inspectors can find major flaws in a home that might make or break a purchase. You may even avoid a “surprise” fixer-upper by hiring a home inspector.
2. Buying the first home you see
Homes go for sale all the time, but you may be worried you’ll miss your dream home. You may need to consider looking at multiple homes before settling on one that only fits some of your needs.
3. Picking the wrong real estate agent
Real estate agents aren’t one-size-fits-all. You may need to work with several agents before you find the right one that focuses on your best interests.
4. Ignoring obvious flaws
You may have found a home that’s close to work or has that perfect sunroom, but it’s full of problems. You may need to weigh your options if the home you’re looking at has major flaws. These flaws can come back and bite you.
5. Forgetting your buyer rights
First-time homebuyers don’t always realize they have buyer rights when searching for a home. You may need to know how you can take advantage of your rights when searching for your next home.
Generally speaking, legal guidance can help you avoid a lot of misfortunes when buying a home. Since it isn’t something people do every day, it helps to have an experienced eye on the process.