5 biggest Home Buyer Mistakes

5 biggest Home Buyer Mistakes Are you thinking of buying a home in the next few months or next few years. I will give tips on not making those mistakes that many first time home buyers make.

From reading an article in Forbes and my own experience over the last 20 Plus years, I have compiled the 5 Biggest mistake that first time home buyers make and can avoid.

Here are the Mistakes to Avoid:

1. Meet a lender early enough and get an full approval letter. These days sellers will not look at offer without a full approval letter.

2.Relying too much on your friends and family.. you make the choice.. get their valuable input. I remember selling a house to a young couple, showed them 10 homes they fell in love with one house, called their uncle to see it as he was helping them with down payment, he completely rejected the house! For whatever reason, to this day they regret not buying that house.

3. Waiting for that perfect home, there is no such thing.! Have your needs and wants and buy the best one that you can in your budget and in your preferred location. BONUS tip at the end

4. Buying more home than you can really afford, don’t stretch too much. Leave room for emergencies or leave some down payment for furniture/remodels/updates etc.. get an interest only loan so you can qualify.

5.Once you are in escrow do not go on a shopping spree, you are so excited, you start buying furniture or appliance or even buy a new car to start a new life = no no they will check your credit at the end and may affect your getting a loan.

Bonus Tip: Any money for down payment that you may borrow or is a gift to you, please verify it…that they have the money ready for you in the next 30 days or so.

For more tips and ideas on Real Estate and Lifestyle, Subscribe my YouTube Channel: https://www.youtube.com/user/mikepate…

Here are some Videos for Home Buyers! https://www.youtube.com/playlist?list… Search Current Homes For Sale: http://mikepatel.realscout.me/

Get an Instant Free Home Valuation of your home by email: https://mikepatel.com/homevalue

Mahesh Mike Patel

First Team And Christie’s International

Anaheim Hills Ca 92808.

714-470-8600

https://www.mikepatel.com/

dre 01146880

About Mahesh Mike Patel

Mahesh Mike Patel is a dedicated sales professional with over 20 years of experience in the Anaheim and Anaheim Hills and the North Orange County real estate market. He is a savvy negotiator, recognized communicator and provides extensive offline, online and social media marketing services.

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5 biggest Home Buyer Mistakes

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