There are a lot of mistakes first tIme Overland Park KS home buyers tend to make. We want to help you avoid making these (and many other) mistakes when looking at real estate for sale..
Are you tired of having to rent out an apartment? Do you have a sizeable sum stashed away in your bank account? If you answered “yes” to both questions, you may want to finally start looking for a house for sale and become a bona fide homeowner. Buying your first home can be a nerve racking experience, which can lead to making a few costly mistakes. As long as you keep these common mistakes in mind, you can avoid making them and find a great deal on your home:
4 Mistakes First Time Overland Park KS Home Buyers Should Never Commit
Not Checking Your Credit Score
One of the mistakes first tIme Overland Park KS home buyers make is not checking their credit score ahead of starting to shop for that new home. You should check your score a few months before you plan to look for real estate. Make sure your credit report is accurate prior to applying for a mortgage. The last thing you want is to get a poor deal on your mortgage.
Spending Your Entire Budget on the House
Just because you have a $500,000 budget for a home doesn’t mean you should spend every last penny of that on the home itself. Home ownership has many additional costs such as property taxes, closing fees, and other such expenses that may push a home outside of what you can afford.
Letting Everyone Know How Much You Love a House
If you fall in love with a home, don’t say it out loud! Letting a seller know how much you love a home can easily lead to an inflated asking price. It’s best to let an experienced real estate agent, such as one from T.J. Lamb Real Estate, do the talking so you don’t price yourself out of your dream home.
Sending Sellers a Low Ball Offer
Another one of the mistakes first tIme Overland Park KS home buyers make is letting their quest for great value get in the way of actually acquiring a house. Low ball offers are insulting and can quickly put you on the seller’s “not worth the trouble” list. Do your research to help you determine what would make a good, but fair, deal in relation to the market value of similar properties.
Hiring your own exclusive buyer’s agent can help you not only avoid making these 4 mistakes, but can also help save you money and time in your search for the perfect home. Contact T.J. Lamb Real Estate to learn more. Call us at (816) 224-4393, or fill out our short form and we’ll get back in touch with you ASAP.