BUYING – BUYER FEARS
Top 4 Buyer Fears
Being able to afford a mortgage. What if you lose your job? Or have a serious medical problem? Knowledge is power. Talk with a trusted mortgage broker to estimate monthly expense, mortgage, taxes, utilities.
Over whelming maintenance costs. Avoid buying more house than you can afford. A good home inspector will help identify potential maintenance issues.
Loss in home values. Overtime, well maintained homes generally appreciate in value. With the help of a good real estate agent, you can avoid over paying for you home.
Not finding the right house. First ask yourself, do you know what you want? Make a list of must-haves, nice-to-have and deal-breakers. Be willing to walk away and keep looking to avoid buyer’s remorse later. Don’t fall into the trap of thinking this is only picture-perfect home for you.