“Assuming that the highest loan they are approved for means they can afford it.”
“Not getting a home warranty. The AC failed three months after they bought the house.”
“Not knowing about the assistance programs for buyers.”
“Making too low of an offer when really wanting a home, then losing it to others who made a fair offer.”
“Not shopping for a mortgage. Rates and closing costs can vary widely.”
“Offering much more than the market value of the home because of multiple offers, then not being able to sell in a few years because they owed more than the home was worth.”
“Deciding they didn’t want the home after the termination period. The buyers lost their earnest money.”
“Overlooking structural problems because the cosmetics of a remodel were so pretty.”
“Purchasing a cheap home and not understanding the costs to make it livable.”
“Not realizing co-signing a loan for your son can tank your credit score.”
“Not getting a home inspection because the buyer wanted to save a few hundred dollars. Big mistake.”
Work with a Texas RealtorĀ®. Now that’s a smart move!
Padre Elite Team, PLLC, REALTORSĀ®
RE/MAX 1st Choice
956-761-7676
South Padre Island, TX 78597