Top House Hunting Mistakes

Tuesday Nov 21st, 2017


House hunting can be a very exciting time, but it can also be a stressful time – especially if you are completely unprepared!  When you decide you are ready to start touring homes, make sure you start the process with a plan in hand.  By taking the time to get organized before you start, you will save yourself time and money and make the process much more enjoyable.

So, let’s take a look at what NOT to do!

1. Not have your financing in order.

How can you really know what price you can afford without being pre-approved for a mortgage?  Sellers may actually be scared away by your offer without pre-approval as they will assume you aren’t really a serious contender. There are big changes coming to mortgages in 2018, so be sure you know where you stand before you start shopping for your next home.

2. House hunt on your own.

If you are serious about buying a house, you should be working with a professional real estate agent. An agent will be able to monitor new listings, price changes and other market information that can help you find the house you want.  They can also decipher any listing nuances, help you prepare an offer and negotiate the best price.

3. Be short sighted.

While it does happen, the chance of you finding the perfect house that has everything on your wish list is not likely.  Focus on your top priorities and be willing to look at the bigger picture. If the house fills most of your criteria, it is worth taking a long and hard look at the property and determining if it will work for you and your family.

4. Ignore the home.

Love the neighbourhood and the décor inside?  Don’t let that fool you!  Remember that you are buying the structure on the property and unless you take the time to really inspect it, you might miss some obvious signs that things aren’t what they seem.  Take your time and look at the windows, how the flooring is installed, if closet doors open properly and the paint job.

House Hunting Can Be Enjoyable

With just a few simple steps, house hunting can become an enjoyable experience.  The right realtor can take a lot of the stress and confusion out of the process, so don’t be afraid to reach out to a local real estate agent in your area.  Sue Heddle Homes has been supporting clients in the Oakville, Mississauga and Burlington area for 10 years and would be pleased to help you find your next home.  Contact us to find out how we can help.

Post a comment