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Michael Bock and Theresa NeSmith

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Team Mortgage Mikes February 26, 2021

Common Mistakes The Experienced Homebuyers Tend To Make

Common Mistakes The Experienced Homebuyers Tend To MakeWhen people are looking at buying a home, there are a few common mistakes that first-time homebuyers make; however, there are mistakes that seasoned homebuyers make as well. What are the most common mistakes that people make when they are looking for a new home for the second or third time? There are a few key examples to keep in mind. 

Trying To Rush Through The Process

The first mistake that experience homebuyers make is that they try to rush through the process. They feel like they understand exactly how it is going to work because they bought a home the first time. Therefore, they end up rushing, making a few key mistakes in the process. Remember that this is an important financial decision and it is important to take the time to get it right. Nobody should try to rush through this process when they are looking for a new home. 

Not Thinking About Traffic Patterns

Lots of people try to figure out exactly how far they are going to be from school or work when they are looking for a home. On the other hand, people also need to think about traffic patterns. Just because a home is within a few miles of school or work doesn’t necessarily mean that the commute is going to be easy. Think about the traffic patterns before making a decision. 

Not Thinking About The Future Of The Neighborhood

Lots of people who are buying a home for the second or third time are planning on being in that home for decades. Therefore, it is important to think about the future of the neighborhood. What is going to happen in the local area? How is that going to impact property values? These are important questions that should be answered before signing on the dotted line. 

Think About These Mistakes Ahead Of Time

When experienced home buyers are looking for a new home, it is important to think about these mistakes ahead of time. When they take the time to think about these mistakes, they ensure they avoid them down the road. That way, they make sure that they end up with the right home at the best price possible.

 

Filed Under: Home Buyer Tips Tagged With: Home Buying, Homebuyer Mistakes, Neighborhoods

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Michael Bock | NMLS #1749855
Theresa Bock | NMLS #1996065
Licensed Mortgage Loan Originators
Bock Mortgage Group LLC. | NMLS# 2504921

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