It’s easy to get overly excited when you’re shopping for a new home, especially if it’s your first home.  Even before you start working with a real estate agent in Frisco TX, you’ve probably already looked at a hundred homes for sale online, driven through new developments and older neighborhoods searching for your dream home.  So by the time you hire an agent to get down to business, you’re tired of looking and ready to move in.  But don’t let your impatience with the house hunt lead to a home-buying mistake that can have you regretting your purchase.

Don’t buy too quickly.  The first home your real estate agent in Frisco TX shows you may be the right home for your family but the only way to know that is to compare it to other homes.  Take your time and let your agent show you multiple houses.  And don’t fall for the common seller’s agent tactic of urging you to make a quick offer because other buyers are interested in the home.  If you take time to think and the home sells to someone else, then find another one.

Don’t ignore the neighborhood.  The homes you’re seeing may look great but what about the neighborhood?  You can change almost everything about the home you buy except its location so make sure you keep your eyes open and take a realistic look at the neighborhood you’ll be living in.   Is there a grocery store nearby?  Is it close to work?  Are the schools in the area highly-rated?  Do the neighbors care for their homes?

Don’t forget pre-qualifying for a mortgage.  Your real estate agent in Frisco TX will tell you how important it is that you get pre-qualified for a mortgage before you shop.  Getting pre-qualified means that you’ll not only secure financing but you’ll know exactly how much you have to spend.

Don’t buy too much house.  Just because you’ve been pre-approved for a certain amount of money doesn’t mean you should spend that amount, especially if it’s the maximum amount you’re approved for.  Many people buy bigger homes than they need just because they can and they end up with more expenses as a result.  Always give yourself breathing room financially.  If you really need a big house, you can always trade up later.

Don’t neglect your research.  This is where a great real estate agent in Frisco TX comes in.  She can help you to learn everything you should know about a home or homes you’re interested in from the history of the home to prices for comparable homes in the area to what the neighborhood is like.

Don’t make an unconditional offer.  In the heat of a bidding war, you may find yourself willing to do anything to get the house you like including making an offer with no conditions.  Conditions, like the sale of the house only going through if your old house sells first or the sale being contingent on a home inspection,  are important because they protect you in case something goes wrong.

There are many mistakes new and even seasoned home buyers can make – many of them resulting from falling in love with a home too quickly.  When you hire Iryna Mitchell, you’ll be getting a real estate agent in Frisco TX who can guide you through the buying process and help you to avoid mistakes.  Call Iryna at 903-439-5454 to get started with your home search and be sure to visit irynamitchell for home listings in your area.

 

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