Thursday, June 12, 2014

5 Common Mistakes of First Time Homebuyers

Buying a house for the first time can be incredibly overwhelming. It is so easy to make mistakes or overlook details that could help you get a great deal on your first home.

On average, most first time homebuyers only stay in their home 4-5 years before they upgrade. When shopping for your first home, don't just make your decision based on what suits you -- example: I work a lot and don't cook very often, so I don't need a big kitchen -- because that can affect the resale value down the road. That small kitchen that you didn't necessarily mind may be a huge limiting factor when it comes time to sell and buy a larger home down the road.

I also see many home buyers become hesitant to "pull the trigger" and make an official offer on a home. Yes, it is a huge decision, but in this housing market, a good home at a good price won't say on the market for long. On that same note, it is so important to get a good agent that will walk you through the process and communicate every step of the way. Not only should that agent keep you informed throughout the process, but they should also help you put in a competitive offer on the home you choose that will be appealing to the seller so they choose your offer. 

Ask lots of questions, stay informed and educated throughout the process. Everyone you work with throughout the journey of buying a home is working for you. Don't be afraid to ask what might seem like a stupid question! 

Are you considering buying a home in the Houston area? I'd love to help!

Jessica Rumbaugh | RumbaughProperties.com - Sugar Land, TX


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