The Dos and Dont’s of Home Buying

While there may not be the perfect way to purchase a home, there are certainly some good practices to follow, and poor choices to avoid. Orange County is a competitive real estate market that can sometimes be overwhelming when shopping for the perfect home. Rest assured, we understand that home buying is an individual experience, however we aim to enhance this experience by suggesting a few simple do’s and don’ts.

 

Home Buying Do’s  

  • Do understand that there is no perfect time to buy. The best time to purchase a home is when you find the perfect opportunity and the right house with an ideal location and price.
  • Do get pre-approved. Pre-approval letters will give you a better idea about what anticipated costs and what you can actually afford.
  • Do understand the seller’s motivations. Knowing why someone is selling a home makes you a more educated buyer. This knowledge can also help you negotiate better terms, as well as discover if the home is a good investment opportunity.

 

Home Buying Don’ts 

  • Don’t fall in love with a home you can’t afford. While it is nice to love a home, it is a bad idea to love one that is simply out of your price range. Falling in love with a home that doesn’t meet your budgetary needs is sure to make every other home look shabby by comparison.
  • Don’t mix professional relationships with family and friends. Friends and family may give great advice and have your best interest at heart, however, when it comes to real estate they might not have access to the best deals. Be sure to shop around and seek the advice of an industry professional, especially when you are considering lending and home buying options.

To learn more about becoming pre-approved, home buying tips, or to discuss refinance home mortgage options please contact Avis Lending today. Avis Lending has been helping Orange County residents meet their lending and home mortgage needs for the past 25 years.

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