Common Bargain Hunting Mistakes When Buying A Home

Everyone wants a good deal, especially when you’re dealing with a purchase as significant as a house. But these mistakes might not actually be worth the ‘deal’ you’re getting in the long-run. Avoiding these bargain-hunting mistakes when you’re looking for the right home will help you make the best decision.----more----

Take a look at everything you can expect on this episode: 

1:08 – CAN YOU ASSUME THAT A SHORT SALE OR FORECLOSURE MEANS YOU’RE GETTING A GOOD DEAL?

• Are there many available deals in the Triangle?
• Why are foreclosures a good deal?
• Do they always go for asking price?
• What are short sales?
• Are short sales a great deal?
• An important thing to remember when searching these listings

 5:28 - WILL YOU HAVE TO MAKE A BIG COMPROMISE

• How you can prepare for the possibility.
• Some things you need to remember about down the road.
• There’s one red flag you always need to pay attention to.

 8:19 – COVETING ITEMS THAT DON’T CONVEY

• What’s the best way to negotiate personal items that you want included in the deal?
• How can these items impact your appraisal?
• Can this ever backfire?
• Angie shares a client example of a seller leaving behind items and the buyer was upset with the mess.

 12:21 – UNREASONABLE REPAIR REQUESTS

• What’s the best approach if you see a lot of repairs done?
• Mistakes that can hurt your bargaining power
• Focus on these key areas first

 13:50 – CAN OR SHOULD YOU WORK WITHOUT AN AGENT?

• What’s best in North Carolina?
• The benefits of having an agent
• Can you get a better deal without an agent?
• Your decision might actually effect the seller.