Buying Your Dream Home? Don’t Do This

Buying a home is an immense purchase, most likely the largest you will make during your lifetime. Avoid self-sabotaging and ensure your journey to homeownership goes smoothly every step of the way. Here are three things you may want to avoid:

1. For Sale by Owner

Trying to sell your home by yourself is sheer madness. Your real estate agent will have your best interest in mind, gearing you in the right direction. This professional will guide you through the process including the piles of paperwork that can seem extremely overwhelming. Please contact GreenTree Properties and we will represent you all the way home.

2. New Lines of Credit

Your credit score can be a game-changer. During the contract, you do not want to do anything that will impact your credit score. That includes buying a car, boat, or any other large purchase that has to be financed. Along the same lines, your credit score needs to remain stable during the closing process. Opening new lines of credit can make your FICO score drop and send up a red flag to your lender. Avoid doing this at all costs!

And here is a great tip from Realtor.com

3. Saying too much—and undercutting your negotiating power

Be careful what you say when you’re viewing a property at an open house or home showing. For instance, if the listing agent hears you say to your spouse, “I love this house, and it’s way under our budget,” the seller might try to play hardball when you try to negotiate on price. Keep private conversations private.

Questions? We are happy to help. Please get in touch with Greentree Properties at (949) 492-0090 or here.