Lesson #1: Always use a Buyer’s agent. The seller pays his/her commission.
Lesson #2: Decide location versus space before searching for a home.
Lesson #3: Don’t commit before you’re ready.
Lesson #4: Sweat equity can save thousands.
Lesson #5: Save, as a down payment is never a bad investment.
Lesson #6: The school district will affect home value.
Lesson #7: A land survey will answer boundary questions.
Lesson #8: Reserve some cash for home improvements.
Lesson #9: Dig deeper during inspections.
Lesson #10: Continue negotiating after the inspection.
Lesson #11: Real estate is not a recession-proof investment.
Lesson #12: Examine both financial and personal costs of buying.
Lesson #13: Read HOA documents before closing.
Lesson #14: Secure financing before falling in love with a house.
Lesson #15: Don’t spend every dollar you qualify for.
Lesson #16: Make sure renovations were professionally done.
Lesson #17: A creative bid strategy helps ensure a good deal.
Lesson #18: Don’t overlook the landscaping.
Lesson #19: A higher price point might save money over time.
Lesson #20: Low-balling doesn’t always pay off.
Lesson #21: Change a bid strategy that’s failing.
First Time Home Buyer Tips: Issue 5