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5 Deadly Pitfalls of Home Buying

Buying a home for the first time in Sandy Springs? You might be all smiles right now but if you don’t do your research properly, you might end up losing your money. There are some deadly pitfalls that you need to be aware of before buying a house.

Not only will these pitfalls cost you a lot of money but also aggravation and you will regret your decision of buying a house. While, we can’t exactly say that buying a house is a fun process, a little precaution on your part can make it bearable.

Usually, the fun part is when you are visiting various houses and imagining your belonging in a particular room. The excitement can get to you, forcing you to make a hasty decision, which you might regret later.

Pitfall #1

Not Getting a Pre-Approval Letter

Getting pre-qualified approval allows you to look at homes for sale in Atlanta without any tension that a little delay will make you lose such an amazing deal. You can use it as a tool for negotiation, which will also help you in submitting your final application for mortgage.

Pitfall #2

Thinking Short Term

Is your income going to remain the same?

Do you have a stable job?

What is your future plans regarding the family?

Will your family dynamics change in the next two or three years?

When buying a house in Sandy Springs, you need to think long term, as in at least 10 years in the future. If you find yourself in such a situation that you need to buy a bigger house in the next two years, you won’t get the full money you paid for this house. It all depends on how quickly the market is appreciating.

Pitfall #3

Not Hiring a Home Inspector

You might need to pay a few hundred dollars for the inspection but look at it this way – would you rather pay a few hundred dollars to the inspector or thousands of dollars for the repairs that you were not able to spot?

Pitfall #4

Not Understanding Market Value

One of the most talked about topics is “market value”. Market value helps you determine whether you are buying an underpriced, fair priced or overpriced house. Along with an appraisal, you also need to do some research on the market regarding houses that were sold on the same block having the same features. This will help you decide whether you are making a profitable decision or blowing your money away.

Pitfall #5

Not Understanding the Total Cost Involved

The mortgage only covers the closing cost and down payment. Other costs that you need to fork out include prepaid amount, home inspection fees, legalization of documents, transfer of ownership, escrow, moving cost and more. The list is endless and can put you in debt if you haven’t saved a little on the side.

Buying a house without a real estate agent is not that hard. Without an agent, all the research work falls on you. With so many websites now available for buyers and sellers, you can now easily find a house online and even compare prices. America’s Network Reality is a website that allows you to search houses in Sandy Springs, GA according to your specifications.

Homes for sale in Atlanta

New Listing - 2 weeks online
$1,895,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
4,794
SQFT
727 Courtenay Drive NE
Atlanta, GA 30306
Morningside Subdivision
$1,795,000
Single Family Home For Sale
Pending
5
BED
6
TOTAL BATHS
3,716
SQFT
775 Amsterdam Avenue NE
Atlanta, GA 30306
Morningside Subdivision
$1,950,000
Single Family Home For Sale
Active
5
BED
7
TOTAL BATHS
4,620
SQFT
760 Ponce De Leon Terrace NE
Atlanta, GA 30306
Virginia Highlands Subdivision
$2,295,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
4,918
SQFT
284 The Prado NE
Atlanta, GA 30309
Ansley Park Subdivision
$3,800,000
Single Family Home For Sale
Pending
5
BED
6
TOTAL BATHS
6,278
SQFT
230 Peachtree Circle NE
Atlanta, GA 30309
Ansley Park Subdivision
Price Change - 3 weeks ago
$1,748,500
Single Family Home For Sale
Active
5
BED
7
TOTAL BATHS
4,794
SQFT
876 Barnett Street NE
Atlanta, GA 30306
Virginia Highlands Subdivision
$1,700,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,500
SQFT
1333 Berwick Avenue NE
Atlanta, GA 30306
Morningside Subdivision
$1,895,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
4,728
SQFT
941 Virginia Avenue NE
Atlanta, GA 30306
Virginia Highlands Subdivision
Price Change - 3 weeks ago
$1,599,900
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
4,550
SQFT
931 Courtenay Drive NE
Atlanta, GA 30306
Morningside Subdivision
$2,120,000
Single Family Home For Sale
Pending
6
BED
5
TOTAL BATHS
5,152
SQFT
1433 Wessyngton Road NE
Atlanta, GA 30306
Morningside Subdivision
New Listing - 3 weeks online
$790,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,147
SQFT
524 Wabash Avenue
Atlanta, GA 30312
Old Fourth Ward Subdivision
$1,710,300
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
7 Brattle Drive NE
Atlanta, GA 30324
Morningside Subdivision
$1,835,600
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
9 Brattle Drive NE
Atlanta, GA 30324
Morningside Subdivision
$1,760,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
8 Brattle Drive NE
Atlanta, GA 30324
Morningside Subdivision
$2,350,000
Single Family Home For Sale
Pending
6
BED
6
TOTAL BATHS
6,592
SQFT
1742 Pine Ridge Drive NE
Atlanta, GA 30324
Morningside Subdivision
New Listing - 3 weeks online
$1,795,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
4,668
SQFT
1080 Reeder Circle NE
Atlanta, GA 30306
Morningside Subdivision
$1,975,000
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
10,000
SQFT
1871 Windemere Drive NE
Atlanta, GA 30324
MORNINGSIDE Subdivision
$1,975,000
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
10,000
SQFT
1875 Windemere Drive NE
Atlanta, GA 30324
Morningside Subdivision
$1,289,999
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,500
SQFT
1254 Stillwood Drive NE
Atlanta, GA 30306
Virginia Highlands Subdivision
Open House 07/12 at 2PM
Please verify times due to COVID-19
$1,195,900
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
2,931
SQFT
1261 Virginia Avenue NE
Atlanta, GA 30306
Ardyn Subdivision
New Listing - 4 weeks online
$1,350,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
3,700
SQFT
1931 Windemere Drive NE
Atlanta, GA 30324
Morningside Subdivision
$1,699,000
Single Family Home For Sale
Active
6
BED
6
TOTAL BATHS
5,129
SQFT
1231 Reeder Circle NE
Atlanta, GA 30306
Morningside Subdivision
$2,495,000
Single Family Home For Sale
Pending
6
BED
7
TOTAL BATHS
5,800
SQFT
1731 Wildwood Road NE
Atlanta, GA 30306
Morningside Subdivision
$1,299,900
Single Family Home For Sale
Pending
6
BED
5
TOTAL BATHS
3,268
SQFT
1054 Euclid Avenue NE
Atlanta, GA 30307
Inman Park Subdivision
$1,235,000
Single Family Home For Sale
Pending
6
BED
5
TOTAL BATHS
3,146
SQFT
216 Haralson Lane NE
Atlanta, GA 30307
Inman Park Subdivision
Price Change - 3 weeks ago
$1,345,000
Single Family Home For Sale
Active
6
BED
5
TOTAL BATHS
4,500
SQFT
1377 Briarcliff Road NE
Atlanta, GA 30306
Druid Hills Subdivision
$1,550,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
4,631
SQFT
1242 Lenox Circle NE
Atlanta, GA 30306
Morningside Subdivision
$1,495,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,534
SQFT
2048 Fairhaven Circle NE
Atlanta, GA 30305
Peachtree Hills Subdivision
New Listing - 4 weeks online
$1,750,000
Single Family Home For Sale
Active
4
BED
6
TOTAL BATHS
4,069
SQFT
1785 Noble Drive
Atlanta, GA 30306
Morningside Subdivision
New Listing - 2 weeks online
$1,895,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
5,844
SQFT
1783 Noble Drive NE
Atlanta, GA 30306
Morningside Subdivision
$875,000
Single Family Home For Sale
Pending
4
BED
5
TOTAL BATHS
2,800
SQFT
294 Ferguson Street
Atlanta, GA 30307
Candler Park Subdivision
$925,000
Single Family Home For Sale
Pending
4
BED
5
TOTAL BATHS
2,800
SQFT
292 Ferguson Street
Atlanta, GA 30307
Candler Park Subdivision
$749,900
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
2,609
SQFT
2375 Hurst Drive NE
Atlanta, GA 30305
Peachtree Hills Subdivision
$669,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,205
SQFT
1322 Boyd Avenue
Atlanta, GA 30318
Westtown Subdivision
Price Change - 4 weeks ago
$835,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
834 Harold Avenue SE
Atlanta, GA 30316
Reynoldstown Subdivision
$689,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,608
SQFT
1316 Boyd Avenue
Atlanta, GA 30318
Westtown Subdivision
$669,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,205
SQFT
1310 Boyd Avenue
Atlanta, GA 30318
Westtown Subdivision
$689,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,608
SQFT
1318 Boyd Avenue
Atlanta, GA 30318
Westtown Subdivision
$740,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,467
SQFT
1136 Boulevard Drive NE
Atlanta, GA 30317
Reynoldstown Subdivision
$299,900
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,600
SQFT
639 Lester Street NW
Atlanta, GA 30314
Vine City Subdivision
Price Change - 7 days ago
$564,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,032
SQFT
513 Broadview Place NE
Atlanta, GA 30324
Broadview Place Subdivision
$639,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,539
SQFT
509 Broadview Place NE
Atlanta, GA 30324
Broadview Place Subdivision
$573,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,032
SQFT
507 Broadview Place NE
Atlanta, GA 30324
Broadview Place Subdivision
Price Change - 3 weeks ago
$565,000
Single Family Home For Sale
Pending
3
BED
4
TOTAL BATHS
2,083
SQFT
1223 Hardee Street
Atlanta, GA 30307
Oxley Edgewood Subdivision
New Listing - a week online
$580,000
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,083
SQFT
1223 Hardee Street
Atlanta, GA 30307
Oxley Edgewood Subdivision
$611,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,502
SQFT
516 Broadview Lane NE
Atlanta, GA 30324
Broadview Place Subdivision
$869,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,200
SQFT
1356 Woodland Hills Drive NE
Atlanta, GA 30324
Woodland Hills Subdivision
$618,100
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,914
SQFT
614 Broadview Terrace NE
Atlanta, GA 30324
Broadview Place Subdivision
Price Change - 3 weeks ago
$674,900
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
2,685
SQFT
625 Broadview Terrace NE
Atlanta, GA 30324
Broadview Place Subdivision
$589,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,048
SQFT
621 Broadview Terrace NE
Atlanta, GA 30324
Broadview Place Subdivision
$735,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,720
SQFT
1214 Hosea L. Williams Drive
Atlanta, GA 30317
Edgewood Subdivision
$564,900
Single Family Home For Sale
Pending
3
BED
4
TOTAL BATHS
2,048
SQFT
603 Broadview Terrace NE
Atlanta, GA 30324
Broadview Place Subdivision
$572,900
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,074
SQFT
576 Broadview Place NE
Atlanta, GA 30324
Broadview Place Subdivision
Price Change - 3 weeks ago
$608,098
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,053
SQFT
627 Broadview Terrace NE
Atlanta, GA 30324
Broadview Place Subdivision
Price Change - 3 weeks ago
$564,900
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,850
SQFT
578 Broadview Place NE
Atlanta, GA 30324
Broadview Place Terrace Subdivision
$574,900
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,016
SQFT
580 Broadview Place NE
Atlanta, GA 30324
Broadview Place Subdivision
Price Change - 3 weeks ago
$631,775
Single Family Home For Sale
Pending
3
BED
4
TOTAL BATHS
2,505
SQFT
579 Broadview Place NE
Atlanta, GA 30324
Broadview Place Subdivision
$350,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
1,056
SQFT
793 Thurmond Street NW
Atlanta, GA 30314
N/A Subdivision
$825,000
Single Family Home For Sale
Pending
5
BED
4
TOTAL BATHS
3,103
SQFT
1053 Briar Vista Terrace NE
Atlanta, GA 30324
Woodland Hills Subdivision
$1,325,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
5,486
SQFT
1107 Country Lane NE
Atlanta, GA 30324
Woodland Hills Subdivision

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