Mistake No. 4
Purchasing a home that fits you “right now.”
Many times buyers will underestimate the size of home they actually need and buy a home that’s too small in an effort to avoid the perceived added risk of spending more cash and incurring a higher mortgage payment. It will cost you less in the long run if you borrow extra cash. Talk to a lender to learn more about your options
Mistake No. 5
Failing to investigate property taxes.
Go beyond looking at the tax amount stated on the listing sheet or current tax bill. Call the Moore County and ask how often properties are reassessed. Also ask how much will they go up (on average). If it’s been awhile since the last reassessment, you could incur a large increase once you are the owner. High taxes make properties unappealing for many reasons other than large bite they take out of the monthly amount you can afford. For more info on taxes in Moore County, contact Gloria Sectish.
Mistake No. 1
Looking at homes before getting pre-approved by a lender.
Until you meet with a qualified loan officer, most people don’t know how much a lender is willing to loan you for a home purchase. Lenders essentially use five criteria in determining their willingness to fund your mortgage.
* Your income
* Down payment
* Credit record
* Employment status and history
* Value of property
A pre-approval from the lender will establish a price range to aid in your shopping. It also can be used as a valuable negotiating tool once you make an offer on a home. If you'd like a recommendation on a fantastic lender, feel free to ask Gloria Sectish!.
Gloria Sectish - Best Pinehurst NC Real Estate Agent
Did you know that moving or relocating remains among the top stressors in life?! When you’re searching for your ideal home, it’s not just about finding that “perfect home”; you also have financial concerns, legal issues, contracts, signatures, and so many more details. It’s easy to end up overwhelmed and unsure of what to do next.
Fortunately, you’ve just reached a powerhouse of information. This tutorial below will guide you through every facet of purchasing a home, including mistakes to avoid, genius home investing, and the best search tools for finding homes.
So, what are you waiting for? It's time to clear up all your pressing home-buying questions today!
Need Help Finding Your Dream Home?
Avoid costly mistakes by hiring the Best Pinehurst Buyer's Specialist - Gloria Sectish!
Ready to Buy a Home in the Pinehurst Area?
10 Mistakes to Avoid When Buying a Home
Mistake No. 6
Purchasing a home without a professional, experienced buyers specialist.
Having a knowledgeable, experienced buyer’s specialist, like Gloria Sectish, offers you many valuable services and assures that you always have someone looking out for your best interests. As your buyers' specialist, Gloria will assist you in the selection process by guiding you to homes that are best suited to your needs, budget, and dreams. Need more reasons why you should hire Gloria?!
Mistake No. 7
Giving your name and personal and financial information to the agent at the open house or new home sales model.
By doing this, you might inadvertently give up your right to have your own agent and compromise your negotiating power. Know your rights by reviewing all of the buyer's resources available to you.
Mistake No. 8
Believing that you cannot negotiate terms on new construction.
Most general brokerage agents are under this impression - and like any negotiation, you have a 50/50 chance of getting either a "Yes" or "No" answer, but it can't hurt to ask. Start browsing and learning more about your new construction options before you buy.
Mistake No. 9
Failing to get all repairs done prior to closing.
Once your home closes, you are responsible for all repairs needed. This can add up to thousands of dollars coming out of your pocket. Request your free home buying guide for more details.
Mistake No. 10
Getting directly involved in the negotiations by working directly with a For Sale By Owner instead of using a buyer’s specialist, like Gloria.
You are not saving money this way, either. You will miss costly issues. Talk to an agent to gain every advantage of the real estate market.
Need help finding your dream home? Whether you are moving down the street, to a different Pinehurst community, or relocating, we have the local expertise and resources to help you find the perfect home or condo for you and your family. Gloria Sectish works closely with her clients to understand their real estate needs and goals to help find the best home at the best possible price.
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Featured Listings- Take a look at some of our featured listings. Call for a complete list of all the properties that match your specific needs.
Community Information - Maps, recent home sales, demographics, school reports, crime statistics, and much more!
Buyer Resources - Informative articles about buying real estate.
Any real estate agent can list your home, but Gloria Sectish goes above and beyond. Gloria has the expertise necessary to make your real estate dreams come true. Not only will she keep your needs at the top of our priority list, she will dedicate all of her resources to achieving the results you need.
New to the Pinehurst area? Nobody knows the Pinehurst area quite like Gloria. Her years of experience helping home buyers realize their dreams has paid off since it's equipped her with an in-depth area knowledge and thorough market understanding. In addition to an easy-to-use home search too that lets you search for homes by price, size, custom features, and more, she has a local area guide to help familiarize yourself with the area as well as a comprehensive community guide of the area - helping you find the best neighborhood that's right for you.
Thinking About Buying Your Dream Home?
Call Gloria at (910) 691-7831 or email at firstname.lastname@example.org
Mistake No. 2
Selecting your lender based solely on a interest low rate.
The lowest rates in town are not necessarily the best “deal” for you. Lenders sometimes offer attractive rates to attract applicants from their pool of current borrowers. Their hope is to keep these applicants and then switch them to a program with different terms and rates. Rarely do these situations save the borrower money. Gloria Sectish works very closely with a number of tip notch loan officers on a daily basis and is involved with lots of transactions each year. This gives her the advantage of being able to meet and recommend local lenders who are doing excellent work.
Mistake No. 3
Choosing an extensively-improved home that is among the most expensive in the neighborhood.
An extensively-improved home is one packed with amenities not found in other homes in the neighborhood and is priced higher than surrounding properties. It can be quite and advantage to own a moderately-priced surrounded by more expensive home. However, it is NOT such a good idea to own an expensive home surrounded by homes of lesser value. Start your search for the right home then call Gloria if you have any questions. issues. Talk to Gloria to gain every advantage of the real estate market.
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Specializing in the Finest Homes for Sale in Pinehurst, NC