Avoid Common Buyer Errors in Provincetown
Shopping for a new home is an emotional experience. It is, however, also a business transaction, and must be treated as such. Three of the most devastating things that can go wrong are:
- Paying too much
- Losing a dream home to another buyer
- Buying the wrong home
When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase:
Get the information you need
What price do you offer a seller? Is the seller’s asking price too high? Is it a deal? Your own research is important and we are here to help. We can offer an unbiased opinion on the value of a home, based on many factors and a great deal of information.
Buy your home
What do you need and want in a home? Sounds simple, but clearly identifying your needs and bringing an objective view to home shopping leaves you in a much better position. How much space do you really need? Too small and you may feel like you live in constant clutter. Too big and maintenance may become too daunting. Outline all of your priorities, and work on finding a great home for you.
Check the title
Before you sign any document, be sure the property you are considering is free of all encumbrances. An attorney can supply you with a copy of the title to ensure there are no liens, debts, undisclosed owners, leases or easements against the title.
Update the survey
Before the purchase is completed, your attorney can provide you with an updated survey which is essential. This report will indicate boundaries and structural changes (additions to the house, a new swimming pool, neighbor’s new fence which is extending a boundary line, etc.), and will guarantee that you are indeed getting what you pay for.
Minimize the unexpected
For $300 - $500, a professional inspector will conduct a thorough inspection of the home. Their expertise can mean the difference between uncovering major flaws before or after you own a home. Make the final contract subject to the report’s findings.
