Home Buying Mistakes

Buying a Home is a Huge Investment

There are lots of people out there that are only too happy to take your money if you are not savvy enough to ask the right questions or make the right choices.

Itís not that there is a lack of information out there about buying a home itís just that a lot of it is a bit misleading. Ask the same question from two different so-called "experts" and youíll get two different answers- and probably a bunch of technical mumbo-jumbo that you donít even understand!

The structure of the home buying game is not set up in the buyerís favor. If you are not careful youíll get snared by a big financial trap.

Buying a home is a huge investment. You simply can't afford to "roll the dice" and hope that you come out a winner in the real estate game.

The implications of a bad decision can be amplified over many years, easily costing you tens of thousands of dollars- or even more!

The number one mistake made by home buyers that causes them to make bad decisions and waste thousands of dollars is failing to have an organized plan.

The number two mistake is almost as bad. The mistake is letting their emotions get out of control!

Of course it is impossible to completely remove all of your emotion, after all, if you didnít have some emotion you wouldnít want to buy real estate in the first place.

The key is to remember that you are entering into a complex business deal, one that can effect your financial situation for years to come. Just try to keep as focused as possible on the dollars and cents, and donít allow yourself to "get caught up in the moment", and make foolish decisions that you will regret later.

Read the book '106 Common Mistakes Homebuyers Make (and How to Avoid Them)' - A book written just for first-time home-buyers, this guide will open your eyes and make you an educated consumer, making sure the home or the condo you purchase is both a contented place of residence and also a great future investment. Assembled from the experiences of hundreds of real estate agents,, homebuyers, mortgage lenders, and home builders

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Knowledge: Buying a home in in California is a fairly complicated undertaking, but if youíre armed with the proper knowledge and have a solid plan, it can be a whole lot easier. It all starts with understanding the home buying process, how the system works, and what can happen to the typical unprepared homebuyer.

Avoiding Home Buying Mistakes: Taking the time to do things right will save you many hours of frustration and thousands of dollars. What happens if you take off on a journey without having a map or plan - not knowing where youíre going?Buyer Beware

Buyer Mistakes: The number one mistake made by home buyers that causes them to make bad decisions and waste thousands of dollars is failing to have an organized plan. The number two mistake which is almost as bad is, letting their emotions get out of control!

9 Steps to Owning: Having a step-by-step plan will make the entire process much easier to handle. Here is the basic 9-step home buying plan that has saved thousands of dollars for many people like yourself looking to buy real estate.

Save Money: We are going to spend a lot of time discussing financing, because that is where the major share of mistakes are made. Mistakes that can end up costing you $10,000 to $30,000 or even more when you buy a home!

Important Questions: Once you have a home that you are interested in, you need to find out more information. There are several questions that you must ask the seller before you start any negotiations. You need to know as much as possible about the sellerís position and motivation.

Negotiating: The price is always the focal point of the offer, but there are lots of additional areas that you need to address and pay close attention to also. In your offer, be as specific as possible about every aspect of the transaction. Details that are not clear or are left out can lead to big problems down the road.

Closing & Possession: After all of the terms and conditions of the contract have been mutually agreed upon by both you and the seller, you still need to stay on your toes. Many people tend to relax and end up dropping the ball. There are at least a hundred things that can go wrong and foul up the sale.

How to Male it Happen: The only way to properly create your own home buying plan is to examine your personal financial situation AND your goals for the future. The next step is entirely up to you, but if you are serious about buying a home and avoiding the mistakes that can cost you thousands of dollars, hereís what I recommend, in about a half-hour, we can determine what the best course of action is for you to take. Contact Us now

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