first-time homebuyers' top mistakes

10
TOP MISTAKES TO AVOID AS A FIRST TIME BUYER

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Page 1: First-Time Homebuyers' Top Mistakes

TOPMISTAKESTO AVOIDAS A FIRSTTIME BUYER

Page 2: First-Time Homebuyers' Top Mistakes

Taking your first step into the housing marketcan be a daunting experience. There is no

completely watertight step by step process tomake sure you’re purchasing the right

house for you.

However, if you keep reading you will see someof the biggest mistakes that first time buyersmake and know what to avoid when it comes

time to buy your own first home.

Page 3: First-Time Homebuyers' Top Mistakes

A BIT TOOSNUG ANDSMALL

If you are newlyweds or plan to starta family soon you should definitelyavoid choosing a property that is abit too cozyDon’t go for a two-bedroom homeas you will find yourself a littlecramped when child number twoarrives Three-bedroom houses aregenerally more suitable as, if do youstay at the property for more timeThey offer enough space tocomfortably start a family

Page 4: First-Time Homebuyers' Top Mistakes

TOOSPACIOUSA six-bedroom house will offerplenty of space for guests andyour future children to grow up,but it may not currently suit theneeds of you and your partner.You won’t need the extrabedrooms for many years andmay be paying a much largermortgage than you presentlyneed to

Page 5: First-Time Homebuyers' Top Mistakes

THE PROJECTIt may be tempting to buy yourself aproperty in need of some renovationwith a little workThere are plenty of TV shows thatshow the transformation a homecan undergo with a couple of bigjobs and a few weekends of paintingand decoratingLots of project homes overrun ontime and go significantly overbudget If you can realistically perfect yourhome within a reasonable budget ,you may have found the rightproject

Page 6: First-Time Homebuyers' Top Mistakes

Swimming pools, hot tubs,

large front and back gardens,

etc. all require lots of time and

considerable expense to

maintain. Are you happy to

spend your free time and cash

maintaining the idyllic

appearance and features of

your home? If not, then you

should find something more

manageable

THE FREETIME KILLER

Page 7: First-Time Homebuyers' Top Mistakes

THINKING OF YOURNEW HOME AS ABUSINESSINVESTMENT

If you are thinking of your firstproperty as an investment, and aremore concerned by a home’s sell onvalue than you are by its suitability asa living space to reside, you shouldstudy the market very thoroughlybefore making any decisions. Take asmuch expert advice as you can andthink carefully before you make anoffer and sign the paperwork

Page 8: First-Time Homebuyers' Top Mistakes

FORGETTINGTHE LOCATION

While your own needs may notbe affected by a home’slocation, sometimes it willgreatly affect future buyer’sneedswhen it comes to selling Itsdifficult to find a buyer Make sure to keep an eye onthe school district and fiscalstrength of the area

Page 9: First-Time Homebuyers' Top Mistakes

WANT TO LEARN MORECHAT WITH DAN!

(562) 270-5812

HTTP://EPIREALESTATE.BIZ/

Page 10: First-Time Homebuyers' Top Mistakes

TOPMISTAKESTO AVOIDAS A FIRSTTIME BUYER