Mistakes

Prevention

1. Not knowing how much they can

afford to pay for a house before they

make an offer.

Get pre-qualified for a mortgage from a

Lender, so you know in advance

exactly how much you can afford.

2. Not finding out in advance whom

the real estate agent represents.

Ask your Realtor. Most people think

their agent is working for them. But

unless the agent is working as your

buyer representative, he/she

represents the seller.

3. Not realizing that the wrong

mortgage can cost thousands of dollars

in unnecessary interest and taxes.

Consult with a mortgage consultant,

accountant, and/or financial planner

before making a final decision on which

mortgage to choose. CPAs can tell you

the long-term effects on your income.

4. Not discovering hidden defects

before buying a home.

Hire a professional to conduct a pre-

purchase home inspection.

5. Not knowing how debt can affect

their ability to buy or refinance a home.

Ask your mortgage professional to help

you review and repair your credit file in

advance.

 

There are of course so many more things in the process of home buying that could be construed as a mistake, but these are the 5 most important! Don't get let down by falling in love with a home you can't afford or failing to hire someone to represent YOUR interests. For more information about how I can help you avoid potential pitfalls, give me a call. I'm always available to chat real estate!

Continue to #5 The "10 Commandments" of Buying a Home

http---signatures.mylivesignature.com-54492-343-A38F821C97088C300FEE4F14C0FC5DBE.png

Lothian MD Homes for Sale - Genna Fleming, REALTOR® with EXIT ELITE REALTY
You now have free access to Southern Maryland’s Ultimate Real Estate Search Engine! Your local real estate expert has the knowledge and experience to deliver the unsurpassed service you deserve. Local Specialty: Upper Marlboro, Lanham, Lothian, Edgewater, Annapolis, and Dunkirk as well as all of Southern Anne Arundel County and Southern Maryland. Google or call me today and let’s discuss how I can save you $1,000’s when you buy or sell real estate. Call Genna Fleming at (443) 532-8917 or @Ask_Genna by visiting www.AskGenna.REALTOR.