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8 Mistakes Buyers Make When Purchasing a Home

9 Mistakes Buyers Make When Purchasing a Home

1. Choosing a real estate agent who is not committed to forming a strong business relationship with you.

How to avoid it:
Making a connection with the right real estate agent is crucial.  Choose a professional who is dedicated to serving your needs - before, during and after the sale.  It's also important to choose an agent who you can trust and who cares for you. 
Our team focuses directly on building strong relationships with our clients, both during the process and afterwards.


2. Making an offer on a home without being pre-qualified.

How to avoid it:
Pre-qualification is one of the most important step to make early on in the process and will make your life a lot easier - take the time to talk with bank or mortgage representatives.  Their specific questions with regard to income, debt and other factors will hemp you determine the price range that you can afford and therefore help you budget your search. 
Our team has works closely with a number of great bank and mortgage representative who can help you get pre-qualified today!


3. Not knowing the total costs involved.

How to avoid it:
Early in the buying process, ask your real estate agent or mortgage representative for an estimate of closing costs.  Title insurance and lawyer fees should also be considered.  Pre-pay responsibilities, such as homeowner's association fees and insurance, must also be taken into account.  Remember to examine your settlement statement prior to closing. 
When meeting with one of our agents for a buyer consultation, we will walk you through all of the costs associated with purchasing a home and provide you with the tools to calculate those costs with out help.

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Royal LePage Burloak Real Estate Services
Linda Maguire
3060 Mainway
Burlington, ON L7M 1A3 CA
905-335-3042

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