“Planning to buy your first all by yourself? Hiring a realtor to buy the home is entirely different from purchasing it by yourself. At first you will be excited to sell lot of opportunities but later you will realize that it’s a not so easy task to do. Why? Without proper research on housing market you cannot find a reliable home to buy. “Says DC Fawcett Reviews, a renowned real estate expert from Tampa, Florida.
First you need a thorough research report on current real estate market trends. Then find the desired location to buy your home and proceed further. Here is the list of most common mistakes every buyer commits when they purchase their first home.
Not analyzing the location!
DC Fawcett reviews advices the buyers that they should always remember that they are not just buying the house but also the location. It is very important to know about the location before buying the property. Since you are going to spend your rest of the life there, it should be pleasant and favorable for your peaceful life. Find whether there are facilities like nearby schools, educational institutions and other amenities. If you are working, then make sure you don’t have to commute for long period of time from where you live. Research on the location whether it has high crime rates so that you can avoid such places.
Don’t get deviated by market!
Real estate market is very attractive and it can easily deviate you beyond your imagination. For instance, if you are searching for single bedroom home for your accommodation, you may end up with buying a bigger home which you cannot maintain. Why does it happen? DC Fawcett complaints on wrong guidance of real estate agent. So it is important to stick on to your plan to get what you want. Be firm on your decisions and create a well devised plan with proper budget.
Sometimes buyers get influenced with the market cycles. They will wait for prices to go down to buy the homes. You can buy properties when it is low in the market and sure there are times which suit the buyers. But don’t wait too long for a property as it is like a gambling.
DC Fawcett Reviews: Do not underestimate the full cost of house!
Many buyers might underestimate the cost associated with buying the house. If you are buying the home with the help of the realtor then you have to pay him at least 5-10% of brokerage fees. If he is highly experienced then the cost may vary accordingly. There are other expenses which includes stamp duties, valuation costs, mortgages etc.
Along with your budget and moving expenses, there are many other surprise expenses which await you when you move to your new house. If you have bought a rehabbed house, they might have left some jobs undone and you need to take care of it.
DC Fawcett complaints on buyers, who purchase the house out of desperate situation. Some buyers might have searched the house for long period of time and would not be able to find one. This might be due to misleading of real estate agents or lack of housing market knowledge etc. Then they feel frustrated and out of desperation they decide to buy the home they didn’t like. Don’t do that mistake, you can wait as long as you can and get your desired home as soon as possible.