Posted 8.27.12 @ 6:10
There are real estate “to do” lists all over the internet, but how many are out there telling you what you shouldn’t do? Here we’re going to show you what you shouldn’t do when you’re buying a home. You don’t want to get into a house that you don’t want, so make sure that you don’t hit these three things you shouldn’t do while buying a home.
Who Needs to Research?!
Many people just want a good house, they’re not thinking about what kind of neighbourhood they’re going to land in. They don’t ask why the seller is leaving the neighbourhood, and this is where things can go wrong. You want to know as much as possible about a piece of real estate before you bid on it. Look to see if there will be any development in the area; visit it during high traffic times of day to see what the situation will be when you need to pick you’re your kids from school or drive home from work. Talk to the neighbours and see if there are problems between the current owner and any of the other residents.
Falling in Love at First Sight is a Bad Idea
Falling in love at first sight is so romantic, but not something you want to do with a home. You don’t want to fall in love with the very first piece of Oakville real estate that you see; you’re going to want to make sure that you look at more than one home before you make the decision to buy. You don’t want the seller to know how much you want the house for, and you don’t want to spend more than you have to. You may be surprised at how often interesting “unique” features are common in a certain neighbourhood for thousands of dollars less.
Now, you may later find that the home you looked at the first time could be the right home for you. You’ll want to look around and see what else is out there for you.
“I Don’t Need a Home Inspector!”
You need a home inspector, whether you know it or not. Before you go ahead with closing your home, you’re going to want an inspector to come out and look at the house. They’ll be able to check it for common problems (roofing, foundation, plumbing, etc.) and give you a lengthy detailed report about what can be repaired. A home inspector should never offer repairs, but they will be able to help you figure out what’s wrong with a home so you can work with the seller to fix it.
Getting your Oakville dream home means knowing what not to do as much as it means what you should do. You don’t want to wind up in a home that isn’t right for you, and the worst thing that could happen is you regret buying it at all. Real estate is a serious investment, so enter eyes wide open.