If you need assistance, please call 916-955-3321

Home Buying Mistakes to Avoid at All Costs

These common home buying mistakes could cost you time, money, and sometimes the chance to buy your dream home. Keep this list handy when you start your search.

 

1. Buying the oddball home.

Homes go up in value when other homes with similar layouts in the same neighborhood sell for more. These “comparables” or “comps” allow an appraiser to officially justify an increase in value, and therefore you’ll have more equity if you want to sell or refinance. So it’s important to buy a home that is uniform to most of the other homes n the neighborhood, or else the appraiser will have few or no sales to use as comps. So don’t purchase the only 2-bedroom home in a neighborhood full of 3 and 4-bedroom homes, and never buy the nicest house in a bad neighborhood.

 

2. Focusing on cosmetic issues.

Too often, home shoppers walk into a sizable home with a great floor plan in a wonderful neighborhood, but automatically cross it off their list because it has ugly carpet, bright paint colors, or the kitchen or bathrooms are outdated. Don’t be afraid of cosmetic fixes, and in fact, you may get a better deal and have less competition because of them. It’s easy and cheap to get the minor cosmetic fixes and updates done, but adding square footage, putting on a new roof, or the opportunity cost of buying in the wrong neighborhood etc. can get prohibitively expensive. 

8 More Mistakes are as follows:

*** Fill Out Form To Get The Complete Article >>>>>>>>>>>>>>>>>>>

GET COMPLETE ARTICLE HERE
*By clicking 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from homesofgreatersacramento.com at the number you provided above. This consent is not required to purchase any good or service. More details in privacy policy and terms of use.
The Alfano Group | Compass
Anthony Alfano
5842 Lonetree Blvd.
Rocklin, CA
916-955-3321
DRE# 01800462

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.
metrolist logo.png The real estate listing data marked with this icon comes from the IDX program of the Sacramento Metrolist Multiple Listing Service™ system. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Copyright 2023 MetroList Services, Inc.
Terms and Conditions

Powered by metrolist logo.png
The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than {listing office} are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The information being provided is for the consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This site powered by CINC: www.cincpro.com