Common First-Time Home Buyer Mistakes

1. They don’t ask enough questions of their lender and end up missing out on the best deal.

** Speak with your Buyer Specialist. They can help you with many of your questions and perhaps suggest others that will assist you in getting the best deal with your lender.

2. They don’t act quickly enough to make a decision and someone else buys the house.

** Regardless of market conditions, many homes are very competatively priced. Listen to your Buyers Agents advice, they are the ones that see these properties on a daily basis.

3. They don’t find the right agent who’s willing to help them through the homebuying process.

** At DHoward & Co./ Lake Tahoe Real Estate Co. we have a highly trained group of Realtors willing to help you through the entire home purchasing experience. Customer Service is our Top Priority.

4. They don’t do enough to make their offer look appealing to a seller.

** If an offer is made that is significantly below that of the asking price, a letter explaining why your offer is valid could be all it takes to get an acceptance.

5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.

** Talk to your Buyers Specialist regarding the potential sale of your of your property at some point in the future. They can give you a number of ideas to keep in mind during your ownership of the property and pitfalls to avoid.