March 8, 2010

Avoid Three Mistakes Buying Houses

Buying a house can not be done at random as buying household goods. The decision to buy a house should be based on thorough research and consideration.
Do not let home life to fall apart because of lack of careful planning to buy a house. Not like buying a car that can be done in a matter of days, buying a house needs more careful calculation of many aspects.
Here are some of the biggest mistakes that could be important lessons for couples who are going to buy a house.

No Focus

Property prices always move continuously so that its price will not stay. If you are going to buy a house, make sure you do it in a focused period of time.
Select homes with prices that match your financial situation. Create a detailed calculation of credit score, debt to income ratio, home values, property type that you financed, and the level and type and size of your loan.

Easy Trust

Before deciding to work together, create some questions for yourself. Does your agent has been recommended to use the family or someone experienced? Did you know the background work and the agent's company? and Does the company have a good track record?
Also add a few questions before deciding to contract with the lender or real estate agents. Does he have a testimonial from another client? Did he call and send e-mail exactly as promised? That way you can estimate the level of their professionalism.

Too Fast Decided

Avoid making decisions without studying the details of its physical form. Do not be hasty to trust in the supply of brochures and information via the phone without knowing the exact situation. Should come to the site and learn every detail ranging from building materials to the document.
However, it was not enough. Once you are satisfied with the physical details of the building, which needs to be done is to dig information about the payment mechanism. Learn summary of recommendations made by both the lender and make sure in accordance with your financial abilities.
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