Buying a Tucson Home? Avoid These Common Buying Errors Shopping for your new Tucson home can be an emotional experience. It’s also time consuming and comes with a myriad of details. Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. Their home purchase turns into an expensive process. These errors generally fall into three areas: - Paying too much
- Losing your dream home to another buyer
- Buying the wrong home
When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase: Bidding without sufficient information What price do you offer a seller? Is the seller’s asking price too high? Is it a deal? Without research on the market and comparable homes, you could lose thousands of dollars. Before you make that offer, I will prepare a comprehensive CMA to evaluate the value of the Tucson homes you are intersted im. Based on market conditions in Tucson, condition of the home and neighborhood, this information will give us the tools necessary to understand the value of your home. Without knowledge of the market, your offer could be too much. Or worse, you could miss out on a great buying opportunity. Buying a mis-matched home What do you need and want in a home? Sounds simple. There are many Tucson homes to choose from. Yet, clearly identifying your needs and bringing an objective view to home shopping, leaves you in a better position. Sometimes, home buyers buy a home that is too large or too small. Perhaps they didn’t consider the drive to work, the distance to school, or the many repair jobs waiting for completion. Plan ahead. Use your needs list as a guideline for every home you view. Unclear title Long Title will work closely with your loan officer to insure documents are delivered in a timely manner and that you the property you are considering is free of all encumbrances. As part of their services, I can supply you with a copy of the title to ensure there are no liens, debts, undisclosed owners, leases or easements. Unexpected repairs For $300 - $500 a professional inspector will conduct a thorough inspection of the home. This way, you’ll have an idea of the cost of future repairs. Ther are many licensed and registered Home Inspection professionals in Tucson that I can recomend. Shopping without pre-approval It only takes a few days to get financing pre-approval. When you are shopping for your Tucson home, pre-approval gives you negotiating power. A seller is more likely to consider a more favorable offer from a serious pre-qualified buyer.
As your realtor I will be there to advise you and provide you with the information you need to make the best decision for you and your family. I am here to help your through the process. |