It only takes a second to fall in love with a house. While the idea to own it is indeed exciting and makes you start thinking about how your belongings will look in the empty space, you should never plan it too fast because if the deal does not fall through, you will be disappointed.
The problem with choosing a home in Sandy Springs is that most people get swept by the beauty of it. What you should rather focus on is whether you can carry a long term relationship with it? You get my point? If somewhere along the line you decide you need a bigger house due to some change in your family size, then know that you won’t be getting the full appreciation of the house!
Buying a home is a not a small investment and therefore, requires you to think long and hard on each of the options available to you. Here are a few tips that will help you avoid mistakes that most new home buyers generally make:
Don’t Exceed Your Buying limits
You have set a budget for buying the house but the house you’ve finally settled on is a little over your budget. Drop the deal now because if you are scrambling to pay the amount now, you will have difficulty in paying the after sales costs such as maintenance, home owners association fees, repairs, bills, etc. Yes, you just let go of your dream house, true, but know that you also dodged the heartache and burden that would have followed you after you moved into the house.
Expand Your Search
“Location, Location and Location” that is what most people are concerned with. Finding a house in the nicest of suburbs should not be the only thing on your home buying list. What good is this location if it does not have any facilities nearby such as school, community center, park, gym, etc? Therefore, broaden your location search and look for homes for sale in Atlanta in an area that will benefit you in the long run.
Don’t Overestimate Your Abilities
You might have a few tricks up your sleeve in the repair department but thinking that you can, let’s say, fix a plumbing leak on your own is a bit overestimating your abilities. Unless you have done similar repairs previously and succeeded, don’t touch the pipes. It’s better to call a plumber and an electrician to fix problems around the house rather than doing them on your own and blowing them out of proportions.
Take a Good Look at the Foundation
Today, even fixer uppers are not considered a good catch. The minimal repair jobs the house has, the better its foundation will be. Still, take a look at the surrounding and especially the basement to make sure there is no infestation of any kind.
If you have enough market knowledge, you don’t need a real estate agent on your side. All you need is an expert who can provide you with an accurate appraisal so that you can submit your mortgage application. Getting prequalified will help you avoid delay and prevent other people from bidding on your dream house.