Common Mistakes First Time Buyers Make

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Are you planning on buying your first home? If so, then this blog post is just for you. It will provide you with all of the information you could possibly need in order to ensure that your house hunting goes successfully. Continue reading to discover the common mistakes first-time buyers make, so you can avoid them.

Mistake #1 – Choosing a poor quality estate agent

First thing is first, make sure you choose your estate agent with care. This is something that cannot be stressed enough, yet individuals still seem to be going for the first or the cheapest estate agent they lay their eyes upon. This is never a recommended route to go down. Instead you need to be looking for a company with experience and a glowing reputation. In addition to this, you also have to be certain that they have access to all of the best properties in the area. Make sure that their listings are up to date and that the photographs are of quality too. After all, there is nothing worse than picking out a house on the website only to arrive to the property and discover it looks nothing like it did in the images.

Mistake #2 – Not having a list of all of your non-negotiables

The estate agent cannot do everything for you. Before you begin the property hunt you need to have a definite list of your wants. Are you buying this property with the view to live in it all year round? Do you only intend to live in the area for a proportion of the year and then do you wish to rent it out for the rest? Are you buying the property with the purpose of investment only? Your intent needs to be evident. You also need to draw up your list of non-negotiable aspects. For instance, you may only want to look at three bedroom properties, or you may only want somewhere with a downstairs toilet, or you may want a property with a large garden. Set out your wants from the offset so that you do not waste your time. Other areas of concern include: Do you want to be in a main city? Or what about somewhere with a much smaller population? Do you want peacefulness or liveliness? Do you want to be near to all of your amenities or are you happy to be a bit further out? If you have children, then you will need to consider aspects such as schools as well. Last but by no means least, safety is another aspect worth considering.

Mistake #3 – Making financial blunders

The third mistake a lot of people make concerns their finances. There are many errors that could be made. The first is failing to consider all of the financial options available to you. Are you eligible for a first home owners grant? You should definitely explore this. You also need to make sure you calculator all of the costs associated with buying a home, from stamp duty to removal expenses.

Use this blog post as a step-by-step guide and you will definitely be prepared when it comes to finding the perfect property for sale.

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