Tuesday, April 23, 2013 - Article by: Michele Welch - Wells Fargo Home Mortgage -
Many times when you are shopping for a home emotions can take over. Here are a few mistakes you can avoid. Firstly, Looking for PERFECTION can be costly and if you think about it every home is going to have pros and cons. Many times purchasing a Perfect home can become costly and cause home buyers to overextend what they can truly afford. Secondly, Always looking for a better deal can backfire on the home buyer. With interest rates low and inventory dwindling, Here Today could be Gone Tomorrow. Thirdly, Be realistic making an offer on a home. Low balling an offer will only be rejected and lengthen the process. Sometimes it is good to think like the seller and what is reasonable. Lastly, just because it is a foreclosure or short sale does not necessarily mean a bargain. Make sure you use a buyers agent to lead you through any transaction. It is a process to purchase a home and can be stressful. Make sure you take some time to relax before you have to start packing.
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