www.FindAzProperties.com - Common First Time Home Buyer Mistakes
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Don’t wait until you’ve found a home and made an offer to get approved for a mortgage, investigate insurance availability, and consider a schedule for moving. Presenting an offer contingent on a lot of unresolved issues will make your bid much less attractive to sellers.
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Don’t get so caught up in the physical aspects of the house itself, (i.e. room size, kitchen) that you forget such issues as amenities, noise level, etc. that have a big impact on what it’s like to live in your new home.
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Think about resale before you buy. The average first time buyer only stays in a home for four years.
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Act quickly and remember, there’s no “right” time to buy any more than there’s a right time to sell. If you find a home now, don’t try to second guess the interest rates or the housing market by waiting. Changes don’t usually occur fast enough to make that much difference in price, and a good home won’t stay on the market long.
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Consider carefully, and make offers that look good to sellers to avoid missing out on your dream home.
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