5 Dumb Mistakes To Avoid When Buying Your First Home.

You're not scared? I know it.

Neither are you stupid, nor worried. Because owning your first home isn't a war.

It's a necessity.

For you to buy one, you should avoid common mistakes.

And here's what I mean:

1. Not giving Caesar What Belongs To Caesar.

"Render to Caesar what is Caesar’s”?

Realtors get a cut after the deal is sealed.

Most first home buyers think the property is high because of the middlemen.?

They're always scared off.

All agents are under an umbrella.

They are registered and overseen by a board.

And just like banks or Insurance Companies are regulated by a State's body ,so are realtors.

Find out these two things in your Country/State:

a)Who oversees your realtors in your country?

b)And how much is their cut according to their board(After a sealed deal)

2. Avoiding To Be Called A Neighborhood Stalker.

Do you know why you should become a neighborhood stalker?To avoid buying a home in unsuitable locations.

First-time home buyers,

purchase homes and realize that they can't live in certain environments because of noise, traffic jams, or insecurity.

Visit the preferred neighborhoods you want to buy your home.

Go there in the mornings,

afternoons and evenings to feel the ambiance of the place.

Gather enough information.

Is it noisy in the evenings, or the place has a crazy traffic jam in the mornings?

Then make a decision.

3.Buying The Biggest House In The Block.

There is a saying in real estate,?don't buy the biggest,best house on the block.

A big house attracts a small audience.

Because of maintenance and unpredictable real estate trends.

This affects re-selling and appreciation.

If you buy a house worth $700,000 and your neighbor,?

buys in the same neighborhood at $350,000, your appreciation will be low.

My advice would be to buy the worst house,

?in a good neighborhood.

4.Buying A Home Because?Of Your Age.

Age is an issue of mind over matter.If you don't mind,it doesn't matter~

Mark Twain.

Buying a home involves a lot.

Big decisions are made and the signing of contracts.

Research is conducted.

It takes time.

But there are no rules that you have to buy a house at 35.

Neither is there a rule to own one at 60.

Prepare first and start a journey to owning a home.

5.Being Unprepared Incase Of Divorce.

According to United Nations data, the country with the highest divorce rate in the world in 2020 was the Maldives.

And this could happen to you, anytime and anywhere.

The best thing is to be aware of what happens when the divorce monster devours your marriage as a first-time home buyer.

This means everything between you and your partner gets split in half.

Your attorney should be your best friend when this happens.

So when you’re ready to enter the arena, remember the above mistakes and avoid them like the fish would avoid a dry land.

The market is waiting for you.